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Page 15 of 17 <br />2A <br />5. Commercial, TIF, CFF and Affordable <br />Housing Linkage Fee <br />Alternative 1: Increase CFF and TIF to <br />Maximum Allowable <br />Alternative 2: Maintain existing aggregate <br />fee level <br />Alternative 3: Reduce aggregate fee level to <br />the average of peer jurisdictions <br /> <br />RECOMMENDATION: Adopt Alternative 3, <br />to set commercial impact fees at the <br />average of peer jurisdictions <br />6.Policy for Applicability of Updated Fees RECOMMENDATION: Adopt Policy as <br />outlined in Attachment 3, which would <br />provide exceptions for development <br />projects that are in process <br /> <br /> <br />Next Steps <br />Based on City Council direction, staff will update and prepare final drafts of the two fee studies, <br />and the PMC and ODS Amendments for formal review and adoption in December. The City <br />Council will also consider adopting the new Capital Facilities, Transportation, Commercial <br />Linkage, Water and Wastewater Connection, and Affordable Housing Fees. <br /> <br />Pursuant to State Law, fees become effective 60 calendar days after adoption. Therefore, if <br />the second reading of the ordinances for adoption are held on January 7, 2025, the fees would <br />become effective on March 8, 2025. <br /> <br />CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) <br />The adoption of the amendments to the various fees are not considered a project under CEQA <br />Guidelines Section 15378 because the amendments do not have the potential for resulting in <br />either a direct physical change in the environment, or a reasonably foreseeable indirect <br />physical change in the environment; the amendments create government funding mechanisms <br />which do not involve any commitment to any specific project. As projects are developed and <br />proposed for implementation, the environmental impacts of such facilities would be evaluated <br />in accordance with CEQA <br /> <br />EQUITY AND SUSTAINABILITY <br />Adopting the updated fees helps to advance equity and sustainability goals by ensuring that <br />new development contributes to the necessary facilities and infrastructure, including upgrading <br />buildings and facilities to meet energy efficiency standards, and expanding facilities to meet <br />the needs of all segments of the community. Updating affordable housing fees will help to <br />increase the inventory of below-market rate units by collecting fees that support the City’s <br />affordable housing programs and production. <br /> <br />OUTREACH <br />Notice of this meeting was placed in the Valley Times, and interested parties requesting <br />Page 221 of 893