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8-19-14Traffic Impact Policy Presentation 1 Traffic Impact Mitigation Fee Follow-Up August 19, 2014 2 Traffic Impact Mitigation Fee Follow Up Respond to Questions from May 19, 2014 Council Meeting Amend Traffic Impact Policy Authorize Extension of Agreement with TJKM for Traffic Engineering Consultant Services 3 Specialty Retail Trip generation classification vs. land use designation Reduces the fees on specific uses These uses not typically major trip generators 4 Trip Credit Has been a long-standing component of Town traffic policy Based on existing or former use Any increase in trips incur additional fees 5 year time cap on vacant spaces and properties (per recent Council action) 5 Fee Credit Developer Required to Complete Project Project must be on adopted Traffic Mitigation Improvement Project List Credit given for cost of improvement project No fee credit for right-of-way dedication or required frontage or access improvements Ensures no double charging 6 Traffic Impact Policy Threshold for Traffic Study = 20 New Trips Pass-By Trip Credit Element of VTA TIA Guidelines Historically Included in Town Traffic Studies Now Apply With or Without Traffic Studies Essential for Retaining the Nexus Community Benefit offering requirement no longer a part of the Traffic Impact Policy 7 Pass By Trips Site or Project Location Origin Destination Pass-By Trip Primary Trip 8 Traffic Engineering Services Current agreement with TJKM approved by Council June 18, 2012 Quality and key professional service to Town since 2004 One year extension recommended Competitive RFP process in 2015 per Traffic Impact Policy 9 Conclusion Note and File response to questions raised by Council Adopt a Resolution amending the Town of Los Gatos Traffic Impact Policy Authorize the Town Manager to execute a one year extension to the agreement with TJKM 10