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Ordinance No.2289 <br /> procedure set forth in this section and shall be established and adjusted by resolution of the city <br /> council and set forth in the master fee schedule (on file in the office of the city clerk) as follows: <br /> A. Establishment of the Rate. The city council shall establish the rate of the transportation <br /> development fee by dividing the net transportation improvement costs attributable to new <br /> growth by the total additional peak hour trips generated by future growth. The city council <br /> may review and make adjustments to the net transportation improvement costs and peak hour <br /> trips as necessary. The net transportation improvements and total peak hour trips shall be <br /> determined as follows: <br /> 1. Net Transportation Improvement Costs. <br /> a. The city council shall determine the transportation improvements which are <br /> necessary to implement the circulation element of the general plan and reduce the <br /> adverse impacts caused by the increased traffic volume generated by future growth. <br /> For purposes of determining the amount of the net transportation improvement <br /> costs, the city council shall not include the cost of transportation improvements <br /> required directly of development pursuant to Titles 18, 19, and 20 of this code. <br /> Such direct development requirements, improvements, and dedications in addition <br /> to or in lieu thereof, shall continue to be imposed in accordance with Titles 18, 19 <br /> and 20 of this code, as appropriate, in addition to the transportation development <br /> fees imposed pursuant to this chapter. <br /> b. The city council shall make a reasonable estimate of the total costs necessary to <br /> construct, renovate, or provide the transportation improvements. <br /> c. The city council shall estimate the current and anticipated funding available to <br /> satisfy the costs of constructing and implementing the transportation <br /> improvements. In determining the amount of funding available, the city council <br /> shall include funding from other governmental entities to the extent the receipt by <br /> the city of such funding is reasonable, and city revenues appropriated for <br /> construction or implementation or transportation improvements, if any. <br /> d. The city council shall attribute the need for the transportation improvements <br /> between new development and existing development. <br /> e. The city council shall determine the difference, if any, between the estimated costs <br /> of the construction and implementation of the transportation improvements and the <br /> estimated funding available therefor. The extent to which the cost of such <br /> construction and implementation exceeds the funds available, or expected to be <br /> available,therefor shall be the "net transportation improvement costs." <br /> 2. Total Peak Hour Trips. <br /> a. The total gross square footage or dwelling unit count, as the case may be, of <br /> potential new development within each land use category as projected to occur <br /> during the period of build-out under the general plan shall be multiplied by the <br /> peak hour rate for each land use category established pursuant to Section 3.26.020 <br /> of this chapter. <br /> b. The peak hour trips generated by potential new development within each land use <br /> category as determined pursuant to subsection (A)(2)(a) of this section shall be <br /> added together to determine the total additional peak hour trips created by new <br />