Loading...
Resolution No. 4348RESOLUTION NO. 4348 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, CALIFORNIA, REVISING TRAFFIC IMPROVEMENT FEES FOR NEW DEVELOPMENT /REDEVELOPMENT WITHIN THE CITY OF CYPRESS WHEREAS, the City Council of the City of Cypress has adopted Ordinance No. 911 creating and establishing the authority for imposing and charging Traffic Impact Fees for new development /redevelopment within the City of Cypress; and WHEREAS, Ordinance No. 911 provides that the City Council may adopt by resolution such impact fee structure for such development; and WHEREAS, the City Council of the City of Cypress has adopted Resolution No. 4276 providing for Traffic Improvement Fees for such development; and WHEREAS, as part of those improvements shown to be required in the specific citywide Traffic Improvement Fee Analysis set forth in Resolution No. 4276, the estimated mitigation costs of such improvements included the acquisition of right -of -way on Lincoln Avenue; and WHEREAS, Resolution No. 4276 provides that the City Council may revise the Traffic Improvement Fees to incorporate the findings and conclusion of further studies that have been prepared by the City; and WHEREAS, on June 27, 1994, the City Council did incorporate the findings and conclusions of a subsequent Lincoln Avenue right -of -way study which has shown the elimination of the need to acquire additional right -of -way on Lincoln Avenue; consequently, reducing the overall mitigation costs; and NOW, THEREFORE, the City Council of the City of Cypress, California, does resolve, declare, determine, and order as follows: Section 1. The City of Cypress hereby revises its Traffic Improvement Fees shown on Exhibit "A" attached hereto to incorporate the findings and conclusions of the Lincoln Avenue right -of -way study adopted by the City Council on June 27, 1994. Section 2. That any fees paid or levied pursuant to that Traffic Improvement Fee schedule as adopted under Resolution No. 4276 be adjusted to reflect those shown on Exhibit "A" attached hereto, and that any refunds or credit be issued as required. Section 3. The City Clerk shall certify to the adoption of this Resolution and shall cause the same to be posted as required by law. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 8th day of August, 1994. ATTEST: IM(4? CITY CLERK 374 STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE ) I, DARRELL ESSEX, City Clerk of the City of Cypress, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted at a regular meeting of the City Council of the City of Cypress, held on the 8th day of August, 1994; by the following roll call vote: AYES: NOES: ABSENT: JEC:pm:08 /10 /94:(reso101.cyp) 4 0 1 COUNCIL MEMBERS: COUNCIL MEMBERS: Age, Bowman, Kerry and Nicholson None COUNCIL MEMBERS: Partin CITY CLERK THE Y OF CYPRESS - EXHIBIT A ESTIMATED MITIGATION COSTS MITIGATION LOCATION FULL LINCOLN MITIGATION Lincoln Avenue Upgrade Four to Six Lanes $ 5,430,000 Moody /Lincoln (a) Walker /Lincoln (a) + $ 364,000 Valley View /Ball $ 1,260,000 Valley View /Katella $ 785,000 Holder Street Bridge $ 150,000 Denni Street Extension $ 0 Valley View /Cerritos $ 155,000 Katella /Holder $ 103,000 $ 8,247,000 (a) Included in the Lincoln Avenue Upgrade costs. EXHIBIT A H z w 64 O° ow [i] W7 cr, Ln 0 .3 .sue. O H A K'' g a` O z 4,M w 8.r -.1- H a M E b9 A CITY SHARE (20 %) MITIGATION COSTS II O co 00 II ($340 per AM & PM Trip End) (ITEro) Trip Rates AM + PM) ($340 per AM & PM Trip End) r (0.74 AM + 1.01 PM FEE RATE (per descriptor(')) -d U EXHIBIT A CITYWIDE TRAFFIC IMPROVEMENT FEE RATES LAND USE COMMERCIAL- RETAIL ;hopping Center Total Size o < 50,000 SF o 100,000 SF o 200,000 SF o 300,000 SF • Restaurant o Fast Food w /Drive- Through o Fast Food w/o Drive - Through o High Turnover (Family) o Quality (Dinner House) * Hotel Motel • Discount Store (Freestanding) '' Hardware /Paint Store New Car Sales RESIDENTIAL • Single Family (Low Density) * Low Rise Condo /Townhome (Medium Density) Low Rise Apartment (High Density) Retirement Community • Elderly Housing (Attached) FEE RATE $1.81 $1.67 $1.54 $1.40 $18.81 $16.43 $ 8.18 $ 2.62 $409 $409 $1.35 $2.03 $1.56 $595 $508 $358 $154 $44 DESCRIPTOR per SF per SF per SF per SF per SF per SF per SF per SF per Room per Room per SF per SF per SF per DU per DU per DU per DU per DU NOTES Includes 50% Passby Credit Includes 40% Passby Credit Includes 30% Passby Credit Includes 25% Passby Credit Includes 40% Passby Credit Includes 40% Passby Credit Includes 25% Passby Credit Includes 10% Passby Credit Given the potential locations, the business hotel rates were used. 378 EXHIBIT A (cont.) CITYWIDE TRAFFIC IMPROVEMENT FEE RATES LAND USE FEE RATE DESCRIPTOR NOTES OFFICE, INDUSTRIAL • General Office Total Size o < 50,000 SF $1.52 per SF o 100,000 SF $1.28 per SF o 200,000 SF $1.09 per SF o 400,000 SF $0.92 per SF O 600,000 SF $0.84 per SF O 800,000 SF or greater $0.78 per SF * Single Tenant /Corporate Office $1.20 per SF * Research & Development $0.79 per SF * Warehouse $0.44 per SF • Light Industrial $0.65 per SF • Manufacturing $0.52 per SF