HomeMy WebLinkAbout84-49 - Fair Share FeesRESOLUTION NO. 54 -49
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH ESTABLISHING A SYSTEM REQUIRING
THE PAYMENT OF FAIR SHARE FEES TO IMPLEMENT THE
CITY'S MASTER PLAN OF STREETS AND HIGHWAYS
(EXCLUDING UNIVERSITY DRIVE)
WHEREAS, the City of Newport Beach General Plan and Zoning Code
• establish limits for the ultimate buildout of the City; and
WHEREAS, the City's Master Plan of Streets and Highways (excluding
University Drive) is designed to accommodate the anticipated levels of
development permitted by the General Plan and Zoning Code; and
WHEREAS, the City's adopted Local Coastal Program Land Use Plan,
contains a Program Plan of Streets and Highways; and
WHEREAS, the State Coastal Commission, in certifying the City's Adopted
Local Coastal Program Land Use Plan, deleted University Drive from the Program
Plan of Streets and Highways; and
WHEREAS, implementation of the Master Plan of Streets and Highways
(excluding University Drive) must coincide with the new development
anticipated; and
WHEREAS, the City has identified the specific improvements and the
estimated total costs to implement the Master Plan of Streets and Highways
(excluding University Drive); and
WHEREAS, the City has identified potential funding sources for a
portion of the improvements necessary to implement the Master Plan of Streets
and Highways (excluding University Drive); and
WHEREAS, the City's ability to fund the balance of these improvements
has been restricted by State legislation limiting the ability of local
governments to impose new taxes; and
WHEREAS, a shortfall exists between the total costs of the required
circulation system improvements to implement: the City's Master Plan of Streets
and Highways (excluding University Drive) and the funds that are currently
anticipated; and
WHEREAS, the Newport Beach City Council has determined that the balance
of necessary funds to implement the Master Plan of Streets and Highways
(excluding University Drive) should be borne by future development; and
WHEREAS, the Newport Beach City Council has developed an equitable
system of allocating the unfunded costs to implement the Master Plan of
Streets and Highways (excluding University Drive) to new development;
NOW, THEREFORE, the City Council of the City of Newport Beach does
hereby resolve as follows:
That the total net roadway cost to implement the City's Master Plan of
Streets and Highways (excluding University Drive) is $15.3 Million as set
forth in the attached Exhibit "A ".
• That the total anticipated vehicle trips resulting from the trend
growth of all land use categories is 180,314 trips, as set forth in the
attached Exhibit "B ".
The total contribution by land use category is as follows:
Residential: (per unit)
Single Family Detached $1.103.05 per d.u.
Single Family Attached,
Duplex, Triplex, Fourplex $ 721.23 per d.u.
Fiveplex, or Greater $ 551.53 per d.u.
Hotels /Motels: (per room) $848.50 per room
Commercial:
Regional $ 3.82 per sq.ft.
(net floor area)
General Retail
(gross floor area) $ 3.39 per sq.ft.
Boat Yards
(net floor area) $ 3.39 per sq.ft.
Office:
General (net floor area)
$
1.10
per
sq.ft.
Medical (gross floor area)
$
3.39
per
sq.ft.
Restaurant: (gross floor area)
Conventional
$
6.36
per
sq.ft.
Take Outs
$
3.39
per
sq.ft.
Industrial: (net floor area)
$
0.51
per
sq.ft.
Recreational: (net floor area)
Yacht Clubs
$
4.24
per
sq.ft.
Athletic Clubs
$
3.39
per
sq.ft.
ADOPTED this 11th day of June , 1984
5/17/84
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