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PresentationSmall Town Service ~ Community Stewardship ~ Future Focus Small Town Service ~ Community Stewardship ~ Future Focus Traffic Impact Mitigation Fee Follow -Up August 19, 2014 Small Town Service ~ Community Stewardship ~ Future Focus Traffic Impact Mitigation Fee Follow Up •Respond to Q uestions from May 19, 2014 Council Meeting •Amend Traffic Impact Policy •Authorize Extension of Agreement with TJKM for Traffic Engineering Consultant Services Small Town Service ~ Community Stewardship ~ Future Focus Specialty Retail •Trip generation classification vs. land use designation •Reduces the fees on specific uses •These uses not typically major trip generators Small Town Service ~ Community Stewardship ~ Future Focus 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) Small Town Service ~ Community Stewardship ~ Future Focus 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 Small Town Service ~ Community Stewardship ~ Future Focus 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 Small Town Service ~ Community Stewardship ~ Future Focus Pass By Trips Site or Project Location Origin Destination Pass -By Trip Primary Trip Small Town Service ~ Community Stewardship ~ Future Focus 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 Small Town Service ~ Community Stewardship ~ Future Focus 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