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HomeMy WebLinkAbout7/2/2019 Item 11, HudsonLos Osos Valley Road Subarea Transportation Impact Fee Nexus Study Prepared for: City of San Luis Obispo Prepared by: Economic & Planning Systems, Inc. June 6, 2019 EPS #191011 Table of Contents 1. INTRODUCTION AND OVERVIEW ................................................................................. 1  Background .............................................................................................................. 1  Legal Context ........................................................................................................... 1  Summary of Maximum Fees ....................................................................................... 2  Fee Program Implementation ..................................................................................... 4  2. LAND USE FORECASTS ........................................................................................... 6  Projected Development Activity .................................................................................. 6  Land Use Categories .................................................................................................. 8  Changes in Projected Development ............................................................................. 9  3. LOVR SUBAREA TRANSPORTATION IMPACT FEE ............................................................ 11  Mitigation Fee Act Nexus Findings ............................................................................. 11  Geography of the LOVR Subarea Fee Program ............................................................ 12  Transportation Improvements and Cost Estimates ...................................................... 15  Fee Calculation ....................................................................................................... 17  4. IMPLEMENTATION AND ADMINISTRATION ..................................................................... 21  Fee Collection and Amount ....................................................................................... 21  Annual Review, Accounting, and Updates ................................................................... 22  Appendices APPENDIX A: Transportation Impact Fee Improvement List and Cost Allocation APPENDIX B: Trip Generation Rate Source and Comparison List of Tables Table 1 Maximum LOVR Subarea Transportation Impact Fee Schedule ................................ 4  Table 2 Summary of LOVR Subarea Land Use Growth ....................................................... 8  Table 3 Land Use Category Descriptions ........................................................................ 10  Table 4 Summary of Improvements and Costs Included in the Fee Program ...................... 16  Table 5 LOVR Subarea Trip Rates and Total Trip Projections ............................................ 18  Table 6 Average Cost per Trip ...................................................................................... 19  Table 7 Maximum Updated Transportation Impact Fees for LOVR Subarea ......................... 20  List of Figures Figure 1 Revised Geographic Areas of Updated Transportation Fee Program ........................ 13  Figure 2 LOVR Subarea Geography ................................................................................ 14  Economic & Planning Systems, Inc. 1 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx 1. INTRODUCTION AND OVERVIEW This Los Osos Valley Road (LOVR) Subarea Transportation Impact Fee nexus study (Study) provides the City of San Luis Obispo with the necessary technical documentation to support the potential adoption of an updated LOVR transportation impact fee. Consistent with City policy, the fee programs will help ensure that new development contributes its fair share to needed infrastructure and public facilities, helping to sustain the City’s quality of life and economic vitality as growth occurs. Background In 2018, the City adopted a comprehensive development impact fee program, including updated transportation and parks fees and new public safety fees. The Citywide fee program was a key implementation action of the 2014 Land Use and Circulation Element General Plan Update and was guided by General Plan Policy 1.13.9, which requires that new development pays its proportionate share of infrastructure costs. In addition, the General Plan Update resulted in changes to the allowed land uses in the LOVR Subarea, rendering the LOVR Subarea fee land use categories incompatible with proposed development. At the time of the 2018 adoption of the Citywide fee program the LOVR Subarea Transportation fee was left in place “as is” and was not updated. Since the Citywide fee program was adopted in 2018, planned development in the LOVR subarea is more certain and transportation improvements (and costs) needed to serve the new development are more defined. This subarea fee update is intended to realign anticipated development and the required outstanding transportation improvements. For example, the LOVR/U.S. 101 Interchange and other associated improvements are complete and can be “retired” out of the fee program, while outstanding reimbursement obligations and remaining projects are now defined and can be included in the updated fee program. At the same time, the update will provide certainty to developers about the rules and financial obligations they will face, as well as the reimbursement obligations of the City, while ensuring that adequate infrastructure will be available to support growth and enhance competitiveness. This Study has been prepared by Economic & Planning Systems, Inc. (EPS) under the management of the Public Works Department, input from stakeholders, and direction from City Council. To the extent final fee levels will vary from the maximum, justifiable levels established by this Study, the City Council will make this determination, based on a range of policy considerations. Legal Context Consistent with General Plan policy, this Study provides the necessary technical analysis to support a new schedule of development impact fees for the LOVR subarea up to the calculated justifiable maximum to be enabled by Ordinance and adopted by Resolution. The City currently has an impact fee ordinance that enables the collection of fees for capital facilities, pursuant to the Mitigation Fee Act and Government Code Section 66000 et seq. The LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 2 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Mitigation Fee Act sets forth the procedural requirements for establishing and collecting development impact fees. These procedures require that "a reasonable relationship, or nexus, must exist between a governmental exaction and the purpose of the condition." The updated fees described in this Study are consistent with the requirements of the Mitigation Fee Act (Government Code Section 66000 et seq.) and the most recent relevant case law. The key requirements of the Mitigation Fee Act that determine the structure, scope and amount of the potential LOVR Subarea fee program are as follows:  Collected for Capital Facility and Infrastructure Improvements Only. Development impact fee revenue can be collected and used to cover the cost of capital facilities and infrastructure that are required to serve new development in the LOVR Subarea. Impact fee revenue cannot be used to cover the operation and maintenance costs of these or any other facilities and infrastructure.  Used to Fund Facility Needs Created by New Development Rather than Existing Deficiencies. Impact fee revenues can only be used to pay for new or expanded capital facilities needed to accommodate growth. Impact fee revenue cannot be collected or used to cover the cost of existing deficiencies in the City’s capital facilities or infrastructure. In other words, the cost of capital projects or facilities that are designed to meet the needs of the City’s existing population must be funded through other sources. The costs associated with improvements that serve the needs of both new development and the existing population and employment are split on a “fair share” basis according to the proportion attributable to each. Thus, the LOVR Subarea fee program funding will need to be augmented by the City and other revenue sources to meet overall funding requirements.  Fee Amount Must Be Based on A Rational Nexus. The amount of an impact fee must be based on a reasonable nexus, or connection, between new development and the needs and corresponding costs of the capital facilities and improvements need to accommodate it. As such, an impact fee must be supported by specific findings that explain or demonstrate this nexus or relationship. In addition, the impact fee amount must be structured such that the revenue generated does not exceed the cost of providing the facility or improvement for which the fee is imposed. Summary of Maximum Fees Based on the capital facilities needed to serve future development in the LOVR Subarea, the associated portion of costs that can be allocated to new development, and the proportionate allocation between different land uses, Table 1 presents the maximum LOVR Subarea impact fees that can charged to new development to fund transportation improvements. The provisions of the Mitigation Fee Act allow jurisdictions to include the costs of administering the impact fee program in the maximum fee. Administration requirements include collecting and allocating impact fee revenue, record keeping and reporting of fund activity, and periodic updates to the LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 3 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx fee program. The City charges an administrative fee of 1.75 percent of the total fee program cost.1 The revenues generated by the maximum fee schedule would cover new developments’ share of the transportation needs associated with new development and not funded by direct developer contributions. For example, the updated LOVR Subarea Fee program will fund outstanding reimbursements from the City to Costco related to the Calle Joaquin Relocation as well as remaining projects related to the Los Osos Valley Road/US 101 Interchange, including the south bound on-ramp metering project. Under the maximum fee schedule, about $4.8 million in 2019 dollars would be generated for transportation improvement investments through buildout of the Los Osos Valley Road Subarea. The derivation of the maximum fees is provided in the subsequent chapter, and as discussed in a subsequent section, to the extent fees are adopted at below their maximum levels, the requirement for funding from other sources would increase. 1 The administrative add-on to the maximum development impact fees varies among California jurisdictions. Where included, the addition is typically between 1.0 and 3.0 percent. This CFF Program applies a 1.75 percent factor, in the middle of the range, and below the City’s 2.65 percent building and planning cost for services fee. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 4 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Table 1 Maximum LOVR Subarea Transportation Impact Fee Schedule Fee Program Implementation Fee Schedule Determination This Study provides the City of San Luis Obispo with the necessary technical documentation to support the adoption of updated LOVR Subarea transportation impact fees at the maximum levels shown. The City Council can choose to adopt fees below these maximum levels. The adoption of fees below the maximum level requires the City to “backfill” with additional funding from other sources. This is in addition to the funding required from other funding sources that will be required to fund the portions of the capital improvement costs that cannot be allocated to new development. Land Use Category Residential Single Family Residential $2,157 per unit Multifamily Residential $1,445 per unit Non-Residential Retail $19,199 per 1,000 sq.ft. Office/Services $3,063 per 1,000 sq.ft. Industrial $1,704 per 1,000 sq.ft. Institutional $1,726 per 1,000 sq.ft. Lodging $1,316 per room Other [1] $2,157 per PM Peak "Driveway" Trip Avila Ranch Single Family Residential $2,260 per unit Multifamily Residential Condominium $1,061 per unit Apartment $1,308 per unit Retail $24,160 per 1,000 sq.ft. [1] The Life Plan component of the Froom Ranch project will pay on a per trip basis. Updated LOVR Subarea Fee Sources: City of San Luis Obispo; Avila Ranch Traffic Study; Economic & Planning Systems, Inc. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 5 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx There are several economic and policy reasons why a City might choose to adopt fees below the maximum level.2 One common reason relates to concerns over development feasibility, where substantial increases in development impact fees are expected to substantially reduce the feasibility of new development and/or create substantial disincentives to the types of development that City policy is explicitly seeking to encourage. It is the cumulative set of development fees that is important to development feasibility (along with real estate market conditions and other development costs), not just individual fee components. The City’s current fee program includes such policy discounts – specifically a 50 percent discount in the retail and hotel transportation development impact fees. However, because the maximum fees, in most cases, are significantly lower than the existing fees, it is unlikely that further policy reductions are warranted. Fee Adoption and Implementation Once selected, the preferred LOVR Subarea fee program and schedule will be adopted through Ordinance and Resolution. The new Ordinance will address the primary implementation and administrative issues and procedures associated with the LOVR Subarea fee. Then actual fee levels will be set by Resolution. The Resolution approach to setting the fee allows periodic adjustments of the fee amount that may be necessary over time, without amending the enabling Ordinance. A list of the key implementation and administrative elements as required by the Mitigation Fee Act are addressed in Chapter 4. 2 When there is concern about fee levels, the first step is to consider the capital improvements lists that drive the maximum fee levels, where applicable, and ensure all improvements are necessary. Once the City staff determined that all improvements were required, policy-based discounts are considered, recognizing the need to “backfill” funding. Economic & Planning Systems, Inc. 6 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx 2. LAND USE FORECASTS This Chapter describes the future development assumptions for the LOVR Subarea based on known development projects and planning applications in various stages of entitlement. The land use assumptions utilized in this Study are an important driver of the maximum development impact fee estimates. There are five planned but unbuilt major development projects in the LOVR Subarea that are contributing to the need for the LOVR/Highway 101 Interchange, associated projects, and costs. The five development projects are described below and summarized on Table 2. Projected Development Activity Froom Ranch The Froom Ranch property is located along Los Osos Valley Road, northwest of U.S. 101. The development program is based on the applicant’s 2017 Specific Plan. The proposal includes 130 multifamily units, 30,000 square feet of retail space, a 120-room hotel, and a continuing care retirement center, called Life Plan Community. Life Plan Community is expected to include 398 units, 72 beds, restaurant, and recreation facilities. A 2.9-acre trailhead park and open space are part of the Specific Plan. Avila Ranch The Avila Ranch Project will create a new City neighborhood located at the northeast corner of Buckley Road and Vachell Lane. The Avila Ranch Development Plan allows up to 720 dwelling units; a “Town Center” with 15,000 square feet of local-serving retail and office uses; 18 acres of pocket parks, mini-parks and neighborhood parks; and 53 acres of open space, including riparian corridors and farmed agricultural land. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 7 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx McBride Gearhart The McBride Gearhart property is located along Calle Joaquin, north of U.S. 101. Approximately, 42,700 square feet of retail space are anticipated, based on existing zoning and remaining development capacity. Pacific Beach High School Site The Pacific Beach High School Site is located 11950 Los Osos Valley Road. Approximately, 38 single family residential units and 57,500 square feet of retail space are anticipated, based on existing zoning and remaining development capacity. LOVR Creekside The Los Osos Valley Road Creekside property is located between Los Verde Parks and Highway 101. Approximately, 159 multifamily residential units are anticipated, based on existing zoning and remaining development capacity. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 8 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Table 2 Summary of LOVR Subarea Land Use Growth Land Use Categories Consistent with the Citywide fee program, the land use categories to be used in the updated LOVR Subarea fee program are as follows:  Residential — Single family — Multifamily  Non-Residential — Office/Services — Retail — Industrial — Institutional Development and Land Use Category Froom Ranch SFR 0 units MFR 130 units Life Plan Hotel 120 rooms Retail 30,000 sq.ft. McBride Gearhart (Calle Joaquin) Retail 42,688 sq.ft. Avila Ranch SFR (R-1) 101 units MFR (R-2) 300 units MFR (R-3 and R-4) 319 units Retail 15,000 sq.ft. Pacific Beach High School Site SFR 38 units Retail 57,500 sq.ft. LOVR Creekside (east of SLO Creek) SFR 0 units MFR 159 units Total Sources: City of San Luis Obispo; and Economic & Planning Systems, Inc. Amount of Development LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 9 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx — Lodging Table 3 provides the definitions of the different land uses associated with the City’s development capacity estimates. These are the same definitions applied to the other development impact fees, except where specifically noted. In the LOVR Subarea fee program, office and services are combined. Changes in Projected Development Over time, it may become apparent that the development assumptions require refinement. Business and real estate market cycles, growth management policies, and changes in land use designations could all affect the expected/potential level of growth and development. Consistent with other development impact fee programs, these changes are captured in the periodic updates to fee programs that support a re-calibration of fee program assumptions. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 10 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Table 3 Land Use Category Descriptions Land Use Category Description and Examples [1] Single Family Single family detached dwelling units, single family attached dwelling units including Townhome-style units. A single Accessory Dwelling Unit (ADU) is allowed as part of the construction of a single family home and is not charged separate impact fees. Multifamily Multifamily attached dwelling units and mobile homes. Office Uses include professional services, financial institutions, administration-type uses, including administration of private-sector utilities, and certain types of services, such as tax return preparation, advertising agencies, photography studios, pest control, building maintenance, employment agencies, security and computer-related services. Services Uses include offices and clinics of medical and health practitioners, religious organizations, membership organizations, certain transportation uses, beauty/barber shops, funeral services, and repair shops. Retail Uses include regional- and neighborhood-serving retail establishments, including retail as part of mixed-use developments. Specific uses include restaurants, gas stations and auto care, movie theaters, fitness facilities, warehouse stores, department stores, grocery stores, and amusement and recreation services. Industrial Uses include construction, manufacturing, and transportation uses, as well as warehousing and storage. Ancillary office space included as part of industrial development is included. Institutional Uses include City, County, and State offices and facilities, health care facilities such as Mental Health and Public Health services, Social services such as County Social Services, CA Employment Development and Rehabilitation, Homeless shelters, and cultural and public recreation facilities. Lodging Uses include resorts, hotels, motels, and bed and breakfast inns. Sources: City of San Luis Obispo Parcel Data SIC Correspondence; Economic & Planning Systems, Inc. [1] This table provides a summary only. For more specific direction, refer to the City of San Luis Obispo Parcel Data SIC Correspondence table. Economic & Planning Systems, Inc. 11 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx 3. LOVR SUBAREA TRANSPORTATION IMPACT FEE This Chapter establishes the maximum LOVR Subarea transportation impact fees under the Mitigation Fee Act that could be required of new development in the LOVR Subarea. These fees represent an update to the existing LOVR Subarea transportation impact fee program in the City, and will apply to all new development in the LOVR Subarea unless project-specific terms or agreements may apply. The updated LOVR Subarea transportation fee program addresses updates to the LOVR/U.S. 101 Interchange project and associated improvements and cost estimates that are the basis of the fee program. As noted previously, it is the City’s policy to ensure that new development pays for its fair share of the cost of transportation improvements, and the transportation impact fee program is one of the City’s key strategies for doing so. Mitigation Fee Act Nexus Findings Nexus findings are provided below addressing: 1) the purpose of the fee; 2) the specific use of fee revenue; 3) the relationship between the facility and the type of development; 4) the relationship between the need for the facility and the type of development; and 5) the relationship between the amount of the fee and the proportionality of cost specifically attributable to development. The technical information and calculations provided below support these nexus findings/requirements. Purpose New development in the LOVR Subarea required installation of the LOVR/U.S. 101 Interchange and associated improvements. The revenue collected from the LOVR Subarea transportation fee program will help maintain adequate levels of transportation service in the Subarea and in the City of San Luis Obispo by mitigating the impact that new development will have on the City’s transportation system. Use of Fee Fee revenue will be used to help fund City transportation improvements or the City’s share of regional improvements, including regional interchanges, as well as financing costs and the reimbursement of upfront investments from other City funds for transportation improvements required to serve future growth. A detailed project list is included in Appendix A of this study. Relationship New residential and commercial development in the LOVR Subarea will increase the average number of “P.M. Peak” vehicle trips in the area, thereby increasing demands for and travel through the LOVR/U.S. 101 Interchange. “P.M. Peak” trip data by land use category underscores the relationship between the type of new development and the needed transportation facilities. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 12 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Need But for new development in the LOVR Subarea and the associated increase in trips, the LOVR/U.S. 101 Interchange improvement would not be needed. The transportation improvements considered in this study are considered necessary to meet the Subarea’s, and therefore the City's, future transportation needs under General Plan buildout. Proportionality The maximum fee levels are established by land use category based on planned and anticipated development activity in the Subarea, using established “P.M. Peak” trip rates. Total costs and total trips are used to calculate a per trip cost, which is then multiplied by the appropriate trip rate, ensuring proportionality. Geography of the LOVR Subarea Fee Program In 2018, the Citywide Transportation Impact Fee update created a citywide fee geography that subsumed the Airport Area Specific Plan and Margarita Area Specific Plan subarea transportation impact fee programs. The LOVR Subarea and the Orcutt Area Specific Plan Subarea remained in place, such that new development in either of those two areas pays the appropriate Citywide fee plus the applicable subarea fee. Figure 1 below presents the revised geographies associated with the updated transportation fee program. Figure 2 shows the LOVR Subarea in more detail. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 13 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Figure 1 Revised Geographic Areas of Updated Transportation Fee Program LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 14 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Figure 2 LOVR Subarea Geography LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 15 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Transportation Improvements and Cost Estimates Since the Citywide fee program was adopted in 2018, planned development in the LOVR subarea is more certain and transportation improvements (and costs) needed to serve the new development are more defined. The improvements that are the basis for the transportation impact fee update are provided by the City of San Luis Obispo and derived from several sources:  The City’s existing Citywide transportation impact fee program, which was updated in 2018.  The Los Osos Valley Road Subarea transportation impact fee program, last updated in 2003.  The Agreement between the City of San Luis Obispo and the Avila Ranch developer, dated April 2018. Transportation Improvements The transportation improvements and costs remaining in the LOVR Subarea fee program include the following:  Outstanding reimbursements to Costco from the City related to the Calle Joaquin Relocation, and  Remaining projects related to the Los Osos Valley Road/US 101 Interchange, including the south bound on-ramp metering project. Total Project Costs The infrastructure identified for this update are necessary to support buildout of the LOVR subarea, for consistency with General Plan policy, and/or because there are reimbursement commitments in place. Table 4 provides a summary of improvements and costs included in the fee update. The full project costs associated with each improvement are not necessarily included in the transportation fee program. For example, funding from other sources is assumed for certain projects, including, for example, bond proceeds. Where other funding sources are available, that available funding is subtracted from the total project costs and only the balance of the project costs is included in the fee program. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 16 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Table 4 Summary of Improvements and Costs Included in the Fee Program The detailed project improvement list is provided as Appendix A and shows the full sources and uses accounting. The project list was prepared by City staff and reviewed and formatted by EPS. Full project cost estimates for each improvement are presented. For regional projects, cost estimates are prepared by CalTrans; in other cases, cost estimates are provided by developers who will have responsibility for building the improvements; and still, in other cases, cost estimates are provided by Wallace Group, a cost estimator consultant to the City. For those projects for which financing costs are included, those cost estimates were provided by the City’s engineering and cost consultant. All costs are provided in 2019 dollars. It is important to note that the project list represents a current list of transportation improvements for the purposes of Ref. Item Amount to Be Funded by Updated LOVR Subarea Fee Phase 1: Calle Joaquin Relocation T1 Hanson Right-of-Way $112,053 T2 Hanson Driveways Paid by City $0 T3 Hanson Outstanding Legal Costs $800,000 T4 Madonna Right-of-Way $0 T5 Total Costco Calle Joaquin Relocation Construction Cost $1,048,269 T6 Annual CPI Adjustment Costco $921,375 Subtotal Phase 1 Costs $2,881,697 Phase 1: Adjustments T3a Costco Fair-Share Adjustment (25.3%)($243,515) T5a Costs in Calle Joaquin Agreement Paid Directly by City ($12,917) Subtotal Phase 1 Adjustments ($256,432) Adjusted Subtotal Phase 1 Costs $2,625,265 Remaining Projects R1 Interchange Landscaping Project $0 R2 Environmental Mitigation $0 R3 Los Verdes Interchange Settlement $105,000 R4 Mitigation Auto Park Way/LOVR $225,000 R5 South Bound On-Ramp Metering $1,750,000 R6 Calle Joaquin Park and Ride Lot $72,204 Subtotal Remaining Projects $2,152,204 Total LOVR Subarea Transportation Fee Costs $4,777,469 Source: City of San Luis Obispo. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 17 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx the calculation of the development impact fee and broader financial planning. Over time, as part of the periodic, formal updates, it is possible that new projects may be added and current projects modified. Cost Allocation to New Development The allocation of costs between new and existing development and by land use is a critical component of the fee nexus analysis. All of the transportation improvements included in the LOVR subarea fee program update, listed in Appendix A and summarized in Table 4, will benefit new development in the Los Osos Valley Road subarea. More specifically, the improvements would not be needed but for the future development in the LOVR Subarea. Fee Calculation The fee calculations are based on an average cost per trip that is the result of dividing the costs of the improvements that are attributable to new development by the number of P.M. Peak “Driveway” trips that are generated by the projected new development. “Driveway” trip rates vary from “All Legs” trip rates in that the “driveway” trip rates do not count stops along the way that result in multiple legs as their own trips. For example, a trip from home to work with a stop at the store along the way is counted as one driveway trip but two all legs trips. The average cost per trip is then multiplied by the trip rate associated with each land use category to calculate maximum fees by land use category. These steps are described in more detail below. LOVR Subarea Development Projections and Trip Generation Development projections for the LOVR Subarea indicate new development of 1,047 residential units, 120 hotel rooms, and 145,188 square feet of non-residential uses. The Froom Ranch development includes a mixed-use continuing care retirement community, called Life Plan. Trips are measured and forecast in terms of “P.M. Peak” trips, which were provided by City staff based on trip generation data from the Institute of Transportation Engineers (ITE). As part of a separate agreement between the City and the Avila Ranch developer, new development that is part of the Avila Ranch project will pay development impact fees based on trip rate generation factors that account for internal trip capture given the location, type, and amount of development associated with the project. Trip rates and total trips projected for Avila Ranch are summarized in Table 9 of the Avila Ranch Traffic Study. Also of note, the Froom Ranch project includes a continuing care component called Life Plan. The Life Plan component includes a mix of features, including multifamily units, “beds” associated with an assisted living facility, a restaurant, and recreation facilities. The total trips for Froom Ranch’s Life Plan are estimated for the project overall rather than for the component land uses. As such, the Life Plan component will pay the “per trip” fee based on the total trips generated. Total trips in the LOVR Subarea are estimated to be 2,214.7, all of which are due to new development. Table 5 presents the trip rate estimates by land use category and total trips based on the growth forecasts. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 18 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Table 5 LOVR Subarea Trip Rates and Total Trip Projections Cost per Trip The cost allocation to new development in the LOVR Subarea divided by the total new trips generated by new development results in average cost per trip of approximately $2,157, as shown on Table 6. Development and Land Use Category Trip Rate (PM Peak) Total Trips Froom Ranch SFR 0 units MFR 130 units 0.670 87.1 Life Plan 136.4 Hotel 120 rooms 0.610 73.2 Retail 30,000 sq.ft. 8.900 267.0 McBride Gearhart (Calle Joaquin) Retail 42,688 sq.ft. 8.900 379.9 Avila Ranch SFR (R-1) 101 units 1.048 105.8 MFR (R-2) 300 units 0.492 147.5 MFR (R-3 and R-4) 319 units 0.606 193.5 Retail 15,000 sq.ft. 11.200 168.0 Pacific Beach High School Site SFR 38 units 1.000 38.0 Retail 57,500 sq.ft. 8.900 511.8 LOVR Creekside (east of SLO Creek) SFR 0 units 1.000 0.0 MFR 159 units 0.670 106.5 Total 2,214.7 Sources: City of San Luis Obispo; and Economic & Planning Systems, Inc. Amount of Development LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 19 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Table 6 Average Cost per Trip Fees by Land Use Category Using the calculated cost per trip and the P.M. peak trips for each land use category, the maximum justifiable fees for the LOVR Subarea are calculated and presented in Table 7. The maximum fees are shown relative to the existing LOVR Subarea fees. Developers in the LOVR Subarea will be expected to pay the LOVR Subarea fee in addition to the Citywide transportation impact fee. Item Total Costs and Cost per Trip Calle Joaquin Relocation $2,625,265 Remaining Projects $2,152,204 Total to Be Funded by the LOVR Subarea Fee $4,777,469 Total New Trips Generated by New Development in LOVR Subarea 2,214.7 Cost per Trip $2,157 Sources: City of San Luis Obispo; and Economic & Planning Systems, Inc. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 20 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Table 7 Maximum Updated Transportation Impact Fees for LOVR Subarea Land Use Category Metric Current as of 7/1/2018 Proposed Update July 2019 % Change Residential Single Family Residential per unit $6,469 $2,157 -67% Multifamily Residential per unit $4,249 $1,445 -66% Non-Residential Retail per 1,000 sq.ft. $15,614 $19,199 23% Office/Services per 1,000 sq.ft. $3,063 Service Commercial per 1,000 sq.ft. $9,511 Business Park per 1,000 sq.ft. $8,197 Industrial per 1,000 sq.ft. $4,697 $1,704 -64% Institutional per 1,000 sq.ft. $1,726 Lodging per room $3,526 $1,316 -63% Other [1] per PM Trip $6,341 $2,157 -66% Avila Ranch Single Family Residential per unit $2,260 Multifamily Residential Condominium per unit $1,061 Apartment per unit $1,308 Retail per 1,000 sq.ft. $24,160 [1] The Life Plan component of the Froom Ranch project will pay on a per trip basis. Sources: City of San Luis Obispo; Avila Ranch Traffic Study; Economic & Planning Systems, Inc. Current and Proposed LOVR Subarea Fee Economic & Planning Systems, Inc. 21 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx 4. IMPLEMENTATION AND ADMINISTRATION The updated LOVR Subarea fee program nexus study and corresponding fee schedule will need to be adopted by City Resolution as enabled by the City’s Fee Ordinance. The existing Ordinance allows the City Council to adopt, by Resolution, a fee schedule consistent with supporting technical analysis and findings provided in this Report. The Resolution approach to setting the fee allows periodic adjustments of the fee amount that may be necessary over time, without amending the enabling Ordinance. It is anticipated that the City will update the existing LOVR Subarea Ordinance as part of this study process. This updated ordinance addresses the primary implementation and administrative issues and procedures associated with the LOVR Subarea fee. A brief summary of the key implementation and administrative elements is provided below. Fee Collection and Amount Applicable Land Uses All new development that occurs within the LOVR Subarea, unless specifically exempted by the enabling ordinance, shall pay the LOVR Subarea fee. While the maximum fee amount will be determined by the Mitigation Fee Act Study, the City may elect to charge less for a variety of reasons and under certain circumstances, as described in the Ordinance. In any case, the applicable fees will be published in a Fee Schedule made available by the City and updated periodically. The amount will vary by land use, as shown in Table 1. It is possible that certain projects may not fit neatly into the categories defined in Table 3. In cases were such ambiguity exists, the City Community Development Director will need to make a determination as to the applicable fees. The Fee Ordinance articulates guidelines for resolving discrepancies and/or disputes. Fee Escalation The City Fee Ordinance allows for an automatic adjustment of the fee to keep pace with inflationary increases in construction costs. This allows the fee level to keep pace with inflation without requiring an annual approval process. This adjustment is based on the Construction Cost Index (CCI) published by the Engineering News Record (ENR), a source widely used in the construction industry, and by many jurisdictions as a basis for making annual inflation adjustments to their development impact fees. ENR’s CCI has been published consistently every month since 1967. As such ENR is one of the most reliable and consistent indices that track trends in construction costs. Timing and Manner of Payment The Ordinance addresses issues related to the timing and manner of payment for the fee including the potential for fee deferrals, payment plans, credits and reimbursements, exemptions, and related adjustments. LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 22 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Annual Review, Accounting, and Updates Annual review This Report and the technical information it contains should be maintained and reviewed periodically by the City as necessary to ensure impact fee accuracy and to enable the adequate programming of funding sources. To the extent that improvement requirements, costs, or development potential changes over time, the fee program will need to be updated. Specifically, AB 1600 (at Gov. Code §§ 66001(c), 66006(b)(1)) stipulates that each local agency that requires payment of a fee make specific information available to the public annually within 180 days of the last day of the fiscal year. This information includes the following:  A description of the type of fee in the account  The amount of the fee  The beginning and ending balance of the fund  The amount of fees collected and interest earned  Identification of the improvements constructed  The total cost of the improvements constructed  The fees expended to construct the improvement  The percent of total costs funded by the fee If sufficient fees have been collected to fund the construction of an improvement, the agency must specify the approximate date for construction of that improvement. Because of the dynamic nature of growth and infrastructure requirements, the City should monitor development activity, the need for infrastructure improvements, and the adequacy of the fee revenues and other available funding. Formal annual review of the fee program should occur, at which time adjustments should be made. Costs associated with this monitoring and updating effort are included in the impact fee by way of the administrative charge. Surplus Funds AB 1600 also requires that if any portion of a fee remains unexpended or uncommitted in an account for five years or more after deposit of the fee, the City Council shall make findings once each year: (1) to identify the purpose to which the fee is to be put, (2) to demonstrate a reasonable relationship between the fee and the purpose for which it was charged, (3) to identify all sources and amounts of funding anticipated to complete financing of incomplete improvements, and (4) to designate the approximate dates on which the funding identified in (3) is expected to be deposited into the appropriate fund. If adequate funding has been collected for a certain improvement, an approximate date must be specified as to when construction on the improvement will begin. If the findings show no need for the unspent funds, or if the conditions discussed above are not met, and the administrative costs of the refund do not exceed the refund itself, the local agency that has collected the funds must refund them. Internal Loaning of Funds Loans between the Capital Facilities Fee Funds may be used from time to time to facilitate the construction of CFF facilities and assure adequate cash flow. Any such loan shall be made in accordance with applicable law, as interpreted by the City Attorney of the City of San Luis LOVR Subarea Transportation Impact Fee Nexus Study Administrative Draft Report 06/06/19 Economic & Planning Systems, Inc. 23 C:\Users\jhudson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\LYJI9EP5\191011_Admin Draft Report_SLO LOVR Subarea Transportation Fee_Nexus Study_2019_06_06.docx Obispo, and all funds shall be placed in separate accounts on either a facility or geographic basis. The additional following requirements are also placed on loans between impact fee funds: 1. Funds may be transferred between accounts to expedite the construction of critical projects/facilities. 2. A mechanism to repay accounts shall be established. 3. Interest charged on each loan shall be based upon the Local Agency Investment Fund rate in effect at the time of the loan and shall be deposited into the account providing the loan. 4. Inter-fund loan repayments shall take precedence over reimbursements to developers. Five-Year Update Fees will be collected from new development within the LOVR Subarea as soon as the fee program is adopted; however, use of these funds may need to wait until a sufficient fund balance can be accrued. Per Government Code Section 66006, the City is required to deposit, invest, account for, and expend the fees in a prescribed manner. The fifth fiscal year following the first deposit into the Fee account or fund, and every five years thereafter, the City is required to make all of the following findings with respect to that portion of the account or fund remaining unexpended:  Identify the purpose for which the fee is to be put;  Demonstrate a reasonable relationship between the fee and the purpose for which it is charged;  Identify all sources and amounts of funding anticipated to complete financing in incomplete improvements; and  Designate the approximate dates on that the funding referred to in the above paragraph is expected to be deposited in the appropriate account or fund. Once sufficient funds have been collected to complete the specified projects, the City must commence construction within 180 days. If they fail to do this, the City is required to refund the unexpended portion of the fee and any accrued interest to the then current owner. APPENDIX A: LOVR Subarea Transportation Impact Fee Improvement and Cost List Appendix A Table 1US 101/Los Osos Valley Road Interchange Project List and Costs LOVR Subarea Transportation Impact Fee Update; EPS #191011Ref. ItemGross Total CostLOVR Subarea Allocation Net Total CostFunding to be Identified Identified FundingCounty of SLO SLOCOG RTIPCitywide TIF (Paid)TIF Debt Issuance (Bond) General FundDeveloper ContributionsCity Of San Luis LOVR Subarea Fee (Paid)SLO LOVR Subarea CreditLOVR Subarea Remaining To Be Paid (Costco) LOVR Subarea Fee Citywide TIFPhase 1: Calle Joaquin RelocationT1Hanson Right-of-Way$112,0531100.0% $112,053$0$112,053$112,053T2Hanson Driveways Paid by City$50,0002100.0% $50,000$0$50,000$50,000T3Hanson Outstanding Legal Costs$800,0003100.0% $800,000$0$800,000$800,000T3aCostco Fair-Share Adjustment (25.3%)($243,515)100.0% ($243,515)$0 ($243,515)($243,515)T4Madonna Right-of-Way$342,613100.0% $342,613$0$342,613$166,000 $176,613T5Total Costco Calle Joaquin Relocation Construction Cost$6,641,110100.0% $6,641,110$0 $6,641,110$3,911,841 $1,681,000$1,048,269T5aCosts in Calle Joaquin Agreement Paid Directly by City($12,917)100.0% ($12,917)$0($12,917)($12,917)T6Annual CPI Adjustment Costco$921,375100.0% $921,375$0$921,375$921,375Subtotal Phase 1 Costs$8,610,719$8,610,719$0 $8,610,719$0$0$0$0$0$0 $4,127,841 $1,857,613$2,625,265$0$0Phase 2: Madonna LOVR Sidewalk ExtensionT7Construction, Et Al. $234,000100.0% $234,000$0$234,000$234,000Subtotal Phase 2 Costs$234,000$234,000$0$234,000$0$0$0$0$0$0$0 $234,000$0$0$0Phase 3: Full Interchange PreconstructionT8PSR-PDS$189,000 100.0% $189,000 $0 $189,000 $30,000 $100,000 $59,000T9Caltran PA/ED - Phase I $143,000 100.0% $143,000 $0 $143,000 $111,000$32,000T10Caltran PA/ED - Phase II, Value Analysis, Misc. $851,300 100.0% $851,300$0$851,300$265,600$585,700T11PS&E, Permits$2,735,676100.0% $2,735,676$0 $2,735,676$2,601,120$75,000$59,556T12Legal - Los Verdes$26,240100.0% $26,240$0$26,240$26,240T13Right of Way$90,865100.0% $90,865$0$90,865$90,865Subtotal Preconstruction$4,036,081$4,036,081$0 $4,036,081 $30,000 $100,000 $3,153,825$0 $75,000 $617,700 $59,556$0$0$0$0ConstructionT15Project 99821 Construction Charges $18,276,550 100.0% $18,276,550 $0 $18,276,550$15,574,055$2,702,495T16PM Services (Charged to Project)$830,290100.0% $830,290$0$830,290$0 $830,290T17Construction Management/Inspection/Permits$2,825,867100.0% $2,825,867$0 $2,825,867$819,418 $2,006,449T18Misc Work (Project Management)$5,057100.0%$5,057$0$5,057$5,057T19RE Support Services (Dokken)$238,852100.0% $238,852$0$238,852$0$238,852Subtotal Construction$22,176,616$22,176,616$0 $22,176,616$0 $15,574,055 $824,475 $5,778,086$0$0$0$0$0$0$0Subtotal Phase 3 Costs$26,212,697$26,212,697$0 $26,212,697 $30,000 $15,674,055 $3,978,300 $5,778,086 $75,000 $617,700 $59,556$0$0$0$0FinancingT20Bond, Amount Principal$6,813,8824100.0% $6,813,882$0 $6,813,882$6,813,882Bond, Amount Interest$4,502,661100.0% $4,502,661$0 $4,502,661$4,502,661Bond, Cost of Insurance Fund$213,398100.0% $213,398$0$213,398$213,398Bond, Underwriter $106,892100.0% $106,892$0$106,892$106,892Subtotal Financing Costs$11,636,833$11,636,833$0 $11,636,833$0$0$0$0$0$0$0$0$0$0 $11,636,833Total LOVR Interchange Costs To Date$46,694,249$46,694,249$0 $46,694,249 $30,000 $15,674,055 $3,978,300 $5,778,086 $75,000 $617,700 $4,187,397 $2,091,613$2,625,265$0 $11,636,833Remaining ProjectsR1Interchange Landscaping Project$550,000100.0% $550,000$0$550,000$550,000R2Environmental Mitigation$250,0005100.0% $250,000$0$250,000$250,000R3Los Verdes Interchange Settlement$105,0006100.0% $105,000$0$105,000$105,000R4Mitigation Auto Park Way/LOVR$225,000100.0% $225,000$0$225,000$225,000R5South Bound On-Ramp Metering$1,750,0007100.0% $1,750,000$0 $1,750,000$1,750,000R6Calle Joaquin Park and Ride Lot$308,000NA$308,000$0$308,000$235,796$72,204Subtotal Remaining Projects$3,188,000$3,188,000$0 $3,188,000$0$0$0 $1,035,796$0$0$0$0$0 $2,152,204$0Total Transportation Improvements$49,882,249$49,882,249$0 $49,882,249 $30,000 $15,674,055 $3,978,300 $6,813,882 $75,000 $617,700 $4,187,397 $2,091,613$2,625,265 $2,152,204 $11,636,8331See court settlement decision. Includes additional $34,409 paid directly by the City but does not include legal expenses. 2Still to be built and reimbursed.3Costco estimate of Hanson attorney fees is $631,523 through August 2009. Amount is increased to $800,000 to account for fees incurred to date. This is the best available estimate as of April 2019.4Reflects principal amount of $7,503,682.05 less $689,800 that was transferred to the General Fund for LOVR paving. Use of bond proceeds is shown in "TIF Debt Issuance (Bond)" column. Improvement R6, the Calle Joaquin Park and Ride Lot, is partially funded through bond proceeds with the remainder to be funded through the updated LOVR Subarea Fee Program. 5Adjusted to $250,000 based on discussions with F. Otte. This is the best available estimate as of April 2019.6Initial studies are complete and do not indicate required mitigation; however the direction from the City is to maintain this line item at $105,000 until further resolution. This is the best available estimate as of April 2019.7Improvements to be constructed by Avila Ranch; cost estimate provided by Avila Ranch. Sources: City of San Luis Obispo; Goodwin Consulting Group, Inc. (2009); The Wallace Group; Watson Planning Consultants.Already FundedTo Be FundedEconomic & Planning Systems, Inc. 6/6/2019Y:\Projects\Oakland\191000s\191011_SLO LOVR Transportation Fee Update\Data and Model\191011_LOVR Subarea Fee Update_2019June06.xlsx APPENDIX B: Trip Generation Rate Source and Comparison Appendix B Table 1Trip Rate Sources and EquivalenciesLOVR Subarea Transportation Impact Fee Update; EPS #191011Source and MethodologyNotesITE Trip Generation ManuelADT, "Driveway" Rates9.440 per unit7.320 per unit9.740 per 1,000 sq.ft. 37.750 per 1,000 sq.ft. 3.930 per 1,000 sq.ft. 6.950 per 1,000 sq.ft. 8.360 per roomPM Peak, "Driveway" Rates1.000 per unit0.670 per unit1.420 per 1,000 sq.ft.8.900per 1,000 sq.ft. 0.790 per 1,000 sq.ft. 0.800 per 1,000 sq.ft. 0.610 per roomCity Transportation ModelADT, "All Legs" RatesUsed in 2018 Citywide Fee Update 16.240 per unit12.620 per unit18.450 per 1,000 sq.ft. 56.920 per 1,000 sq.ft. 11.330 per 1,000 sq.ft. 18.450 per 1,000 sq.ft. 16.380 per roomADT, "Driveway" RatesCalculated as total Daily Trips per unit 10.457 per unit 5.564 per unit6.458 per unit131.933 per 1,000 sq.ft.PM Peak, "Driveway" RatesCalculated as total PM Trips per unit 1.048 per unit 0.492 per unit0.606 per unit11.200 per 1,000 sq.ft.Froom Ranch Traffic StudyLife Plan (Froom), PM Peak, "Driveway" Rates136.400 total tripsLOVR Subarea 2019 UpdatePM Peak, "Driveway" RatesConsistent with ITE rates1.000 per unit0.670 per unit1.420 per 1,000 sq.ft. 8.900 per 1,000 sq.ft. 0.790 per 1,000 sq.ft. 0.800 per 1,000 sq.ft. 0.610 per roomSources: City of San Luis Obispo; Avila Ranch Traffic Study. Avila Ranch Traffic StudyNonresidentialSingle FamilyITE Code: 210MultifamilyITE Code: 220Office/ServiceITE Code: 710RetailITE Code: 820IndustrialITE Code: 140InstitutionalITE Code: 560LodgingITE Code: 310Medium DensityHigh DensityLarger MF, R-2(305 Condos)Smaller MF, R-3 and R-4(310 Apts.)ResidentialEconomic & Planning Systems, Inc. 6/6/2019Y:\Projects\Oakland\191000s\191011_SLO LOVR Transportation Fee Update\Data and Model\191011_LOVR Subarea Fee Update_2019June06.xlsx