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HomeMy WebLinkAbout06-18-2019 Item 4, HudsonCity of San Luis Obispo, Council Memorandum Date: June 17, 2019 TO: Mayor and Council FROM: Jake Hudson, Interim Deputy Public Works Director VIA: Derek Johnson, City Manager DJ SUBJECT: Avila Ranch Private Reimbursement Agreement – Melton Correspondence The Council recently received a letter from Mrs. Melton asking for the costs associated with the improvements at Higuera & Vachell and the Buckley Road Extension to be distributed across more developable area. Below is a summary how the costs for these two projects are currently distributed and an explanation of why there was not nexus to expand the cost distribution further under a private reimbursement agreement. Staff can report that a meeting with the Meltons did occur along with other property owners and additional language has been added into the agreement providing flexibility to distribute costs to the entire city thru the Citywide Impact Fee Program and for distributing costs to new development in the County should Council desire to do so in the future. Higuera & Vachell Regarding the improvements at Higuera and Vachell the estimated cost distribution is proposed across five (5) properties with Avila & CalTrans having the highest proportions. We considered all new development potential in the Southern area of the City for distribution of these costs, however these were the only five new development areas whose traffic was projected to contribute to the specific need of the mitigation project at Higuera & Vachell. The need is primarily driven by new traffic approaching or departing Higuera via Vachell. While it may seem that new development potential along Suburban would also contribute to that need, this area has adequate access to Higuera via the Traffic Signal at Suburban. Avila Ranch,  50% CalTrans, 23% Morbito  Burke, 12% Meltons, 8% Sports  Warehouse,  7% Higuera & Vachell Intersection Proportional Share Avila Ranch Private Reimbursement Distribution Information Page 2 Buckley Extension In regards to the Buckley Road Extension estimated cost distribution is proposed across seven properties with Avila, Froom Ranch, & CalTrans having the highest proportions. The specific need for the Buckley Extension is primarily driven by new traffic projected on Buckley Road. Similar to the circumstances with Higuera & Vachell, while it may seem that new development potential along Suburban would also contribute to that need this area has a negligible amount of new traffic projected on Buckley Road. Although the properties identified in the agreement are the only potential new development areas known that have nexus to these two mitigation projects, these are estimates. Sections 4(b) and 6(a) of the agreement provide the flexibility to add properties not currently known to have new development potential both within City and County that have nexus to these improvements. Staff will review new development applications and County referrals for potential inclusion into the distribution of reimbursement costs. Since staff had last meet with affected property owners, based that input, Section 6(b) of the agreement has been added that allows for these costs to be removed from the reimbursement agreement if they are ever adopted into a fee program such as the Citywide Transportation Impact Fee Program. These projects were originally considered for inclusion in the fee program, but were ultimately excluded to facilitate the implementation of the City’s transportation improvement objectives. If the projects were to be adopted into the fee program, Citywide traffic impact fees could increase as much as 3% and, due to adopted fee program policy discounts, this would result in an approximate $2.0 million General Fund obligation over the course of 30 years. Avila Ranch,  25% Froom Ranch,  18% CalTrans, 15% Morbito  Burke, 12% Meltons, 5% Sports  Warehouse,  4% Creekside, 4% Buckley Extension Proportional Share