Traffic Impact Mitigation Fee PresentationSmall Town Service ~ Community Stewardship ~ Future Focus Traffic Impact Mitigation Fee Los Gatos Town Council May 19, 2014
Small Town Service ~ Community Stewardship ~ Future Focus Background •Previously presented March 24 •Council direction to adjust fee and remove discounts •Confirm Council direction on several components of previous ordinance
Small Town Service ~ Community Stewardship ~ Future Focus Fee Changes •Increase fee from $600 to $854 –Developed based on needs and projected growth –Aligns with Building Cost Index increases •Remove discounts –Previous discount for trips 10+ eliminated
Small Town Service ~ Community Stewardship ~ Future Focus Additional Confirmation •Secondary Dwelling Unit –Recommend: Remove provision •Low Income Housing Development –Recommend: Remove provision •Walk In – Impulse Business –Recommend: Retain provision
Small Town Service ~ Community Stewardship ~ Future Focus Additional Confirmation •Credit for Existing or Former Use –Recommend: Retain provision •ADT Definition –Recommend: Retain provision •Clarify Credits for Projects Completed by Developer –Recommend: Add language
Small Town Service ~ Community Stewardship ~ Future Focus End of Presentation