For City Council Meeting [April 24, 2018]
TO: Honorable Mayor and City Council
APPROVAL: Robb R. Steel, Interim City Administrator
Title
Request City Council to Receive and File the Annual Update to the Development Impact Fees for Fiscal Year 2018/2019.
Body
BACKGROUND:
On December 27, 2011, the City Council adopted Resolutions No. 6067, 6068 and 6069, thereby increasing most of the Development Impact Fees imposed on new development in the City. Furthermore, the City Council on July 23, 2014 adopted Resolution No. 6310; on March 11, 2014 adopted Resolution No. 6418; on January 24, 2017 adopted Resolution No. 6418; and on February 13, 2018 adopted Resolution No. 7280 also increasing other Development Impact Fees.
The Resolutions (Exhibit A and Exhibit B) allow for an automatic inflationary adjustment to the fees each July 1st based upon the percentage change in the California Construction Cost Index (CCCI) for the preceding calendar year or a flat 5% increase for the Renaissance Specific Plan (RSP) Entitlement Cost Recovery Fee.
ANALYSIS/DISCUSSION:
During 2017, the CCCI and the Consumer Price Index (CPI) increased by 3.5% (Exhibit C). The new Development Impact Fee schedule (Exhibit D) includes the 3.5% inflationary adjustment effective on July 1, 2018.
ENVIRONMENTAL IMPACT:
The proposed action is not defined as a Project Pursuant to Section 15378 of the California Environmental Quality Act. A "Project" means the whole of an action, which has a potential for resulting in either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment. The proposed action is just an organizational or administrative activity that will not result in direct or indirect physical changes in the environment.
GENERAL PLAN CONSISTENCY:
The proposed increases to the Development Impact Fees are consistent with the following guiding principles, goals and objectives contained in the General Plan:
Guiding Principals
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