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HomeMy WebLinkAbout039-2015RESOLUTION NO. 39-2015 ADOPTING AN ADJUSTMENT TO THE TRI -VALLEY TRANSPORTATION DEVELOPMENT FEE SCHEDULE PURSUANT TO THE REQUIREMENTS OF THE TRI -VALLEY TRANSPORTATION COUNCIL'S JOINT EXERCISE OF POWERS AGREEMENT WHEREAS, population and employment projections estimate an additional 123,000 new residents, 45,000 new households and 56,000 new jobs in the geographical area comprising the San Ramon Valley, Livermore Valley and Amador Valley by the year 2040; and WHEREAS, unless the traffic impact of the additional residents, households and jobs is timely and adequately mitigated, the quality of life for the existing residents of the cities and counties within the Tri -Valley area will be adversely affected; and WHEREAS, the Town of Danville entered into a Joint Exercise of Powers Agreement ("JEPA") with the Counties of Alameda and Contra Costa, and the Cities of San Ramon, Dublin, Livermore and Pleasanton in 1998, with subsequent amendments in 2003, 2009 and 2013, to collect Tri -Valley Transportation Development (TVTD) Fees on developments within their respective jurisdictions requiring a land use entitlement to fund off-site infrastructure necessary to mitigate the effects of the Association of Bay Area Governments (ABAG) projected growth; and WHEREAS, the Tri -Valley Transportation Council (TVTC) identified and prioritized a list of Projects necessary to provide for the mitigation of the ABAG growth projections; and WHEREAS, the TVTC commissioned a study entitled Tri -Valley Transportation Council Nexus Study (Study) to determine what fees should be collected for each land use to generate sufficient revenue to fund the unfunded cost of the selected Projects; and A -2a Route 84 Expressway I-580 to 1-680 A -2b Isabel Route 84/1-580 Interchange A-3 I-680 Auxiliary Lanes A -5a I-580 HOV Lane Eastbound A -5b I-580 HOV Lane Westbound A-7 I-580/Foothill/San Ramon Road Interchange A -9a Crow Canyon Road Improvements Phase 1 A -9b Crow Canyon Road Improvements Phase 2 A -10a Vasco Road safety Improvements Phase 1 A -10b Vasco Road Safety Improvements Phase 2 A-11 Express Bus/ Bus Rapid Transit Projects from Exhibit Table 4.2, Exhibit B of the Tri -Valley Transportation Council Nexus Study: B-1 1-580/1-680 Interchange (westbound to southbound) B-2 Fifth Eastbound Lane on I-580 from Santa Rita to Vasco Road B-3 I-580/First Street Interchange modification B-4 I-580/Vasco Road Interchange modification B-5 I-580/Greenville Road Interchange modification B-6 Jack London Boulevard extension B-7 El Charro Road extension B-8 Camino Tassajara widening: East Blackhawk Drive to County line B-10 I-680 SB HOV lane Gap Closure, North Main to Livorna B-11 I-680 Express Bus/ HOV On/ Off Ramps B -11b I-680 Transit Corridor Improvements; and WHEREAS, on January 16, 2015, via Resolution No. 2015-01, the TVTC adopted an update to the TVTD Fee schedule that included a July 1, 2015 increase in TVTD Fees to 25% of the maximum allowable as defined by the 2008 Study, and a July 1, 2016 increase to 35 % of the maximum allowable, and directed each of the signatories of the JEPA to collect the development fees to fund the unfunded cost of the projects in List A as 1St priority and List B as 2nd priority; and WHEREAS, the JEPA specifies that the TVTD Fee amounts are to be adjusted automatically on an annual basis to reflect changes in regional construction costs. The amount of the adjustment is based on the changes in the "Construction Cost Index" (CCI) for the San Francisco Bay Area, as reported annually in the Engineering News Record (ENR); and WHEREAS, the subject application is considered "Not a Project" pursuant to Section 15378 (Project) of the California Environmental Quality Act of 1970, as amended; and is therefore exempt from further environmental analysis; now, therefore, be it RESOLVED, that the Danville Town Council adopts an adjustment to the Tri -Valley Transportation Development (TVTD) Fee Schedule, as adopted by TVTC, and will collect these fees from any development that would be granted a land use entitlement for each of the designated land uses as indicated, and finds that said Fee Schedule is determined by the Study to be necessary to generate sufficient revenue to fund portions of the unfunded cost of the listed Projects: PAGE 2 OF RESOLUTION NO. 39-2015 FY 2015/16 Fee Per Unit Single Family Homes $3,060 Du* Multi -Family Homes $2,108 Du* Retail*** $3,410 1,OOOsf Office $5,200 11000sf Industrial $3,030 1,OOOsf Other $3,400 PHT** Affordable Housing $0 Du* FY 2016/17 to FY 2029/2030 Fee Per Unit Single Family Homes $4,283 Du* Multi -Family Homes $2,951 Du* Retail*** $3,410 1,OOOsf Office $7,280 1,OOOsf Industrial $4,240 1,OOOsf Other $4,759 PHT** Affordable Housing $0 Du* *Du - Dwelling Unit; **PHT - Peak Hour Trip; ***Retail set at 15% of maximum for FY 2015/16 to FY 2029/30 APPROVED by the Danville Town Council at a regular meeting on May 5, 2015, by the following vote: AYES: Doyle, Arnerich, Morgan, Storer NOES: None ABSTAINED: None ABSENT: Stepper APPROVED AS TO FORM: 721611� 15 CITY ATTORNEY VMAYAOR :�� c ATTEST: CITY CL PAGE 3 OF RESOLUTION NO. 39-2015 0