2024-2025 Annual Development In-Lieu Fee Report.

Summary

The City Council is set to accept the Fiscal Year 2024-2025 Annual and Five-Year Development In-Lieu Fee Report. This report details the status of fees collected from developers in lieu of constructing public improvements, as required by the Mitigation Fee Act. The report covers various in-lieu fee programs, including Utility Undergrounding, Landscaped Median Islands, Traffic Signals, Street Improvements, and Storm Collection Systems. The City is making required findings that these fees are being used for their intended purposes and that there is a reasonable relationship between the fees and their purposes. The Utility Undergrounding Fee was adjusted to $622 per linear foot frontage in January 2025 due to a slight decrease in construction costs.

Citizen Impact

This report ensures accountability for development fees collected by the city, which are intended to fund public improvements like utility undergrounding and street enhancements, ultimately impacting the quality and infrastructure of neighborhoods.

Confidence

high