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HomeMy WebLinkAbout1/17/2023 Item 6e, Codron - Staff Agenda CorrespondenceCity of San Luis Obispo, Council Memorandum City of San Luis Obispo Council Agenda Correspondence DATE: January 17, 2023 TO: Mayor and Council FROM: Michael Codron, Director of Community Development VIA: Derek Johnson, City Manager SUBJECT: Item #6e - 2021-22 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES UNDER ASSEMBLY BILL 1600 Staff was asked by a Council Member to provide some background and context to an Agenda Correspondence. The concern expressed is that the City’s Development Impact Fee (DIF) structure, especially in relation to transpo rtation, overburdens multi-family residential development. There are two items of clarification that staff would like to provide. First, the item tonight is a required annual report and is not on the agenda for the purpose of evaluating the program or adjusting any fees. Council is not expected to provide guidance to staff on changes to the program as part of this item. However, staff is planning to update the DIF program this calendar year as it has been five years since the current iteration of the program has been in place. The update process will provide many opportunities for community outreach and engagement with the City Council. Outreach and engagement will be an important part of the update process to ensure that the staff’s recommendations are responsive to community concerns and consistent with policy guidance from the City Council. Second, the concern expressed by SLO YIMBY is that the Transportation Impact Fees (TIF) for Multi-Family Residential development are higher than for single-family residential development. The fees are in fact lower for multi-family residential units - these fees are based on the “average cost per auto trip per dwelling unit” for each type of housing. The fee for an average sized single-family home is higher than the fee for average sized apartment by the same ratio as the difference between auto trip generation rates for each housing type. A full nexus study was prepared when this item was brought to the City Council on April 3, 2018. It is also worthwhile to note that the City’s TIF program includes specific policy adjustments to incentivize smaller housing units of all types, up to a 50% reduction in the total fee. This “policy adjustment,” in effect, resulted in a $40 Million fee reduction below fees that otherwise would have been legally supported based on the nexus study. The City offered these lower fees as an incentive to developers of all types of housing to build smaller housing units. Development Impact Fee Annual Report Agenda Correspondence Page 2 Should the City Council have any further questions on this issue, staff will be available to address at the meeting.