Loading...
HomeMy WebLinkAbout2002-03-25 City Council (4)City of Palo Alto City Manager’s Report TO:HONORABLE CITY COUNCIL FROM:CITY MANAGER DEPARTMENT: PLANNING AND COMMUNITY ENVIRONMENT DATE:March 25, 2002 CMR:189:02 SUBJECT:¯RECOMMENDED INCREASE TO COMMERCIAL HOUSING IN- LIEU FEE; ELIMINATION OF EXEMPTIONS AND OTHER ADMINISTRATIVE CHANGES; AND . INCREASE TO TRANSPORTATION IMPACT FEE FOR STANFORD RESEARCH PARK/EL CAMINO REAL SERVICE COMMERCIAL ZONE RECOMMENDATION The Finance Committee recommends that City Council: 1)Approve the recommended increased fee levels, administrative changes, and implementation milestone; and 2)Adopt the attached ordinance to amend Chapter 16.47 of the Municipal Code to increase the Commercial Housing In-Lieu Fee from its current level of $4.21 per square foot to an initial base fee of $15.00 per square foot, with annual revisions to account for inflation, eliminate existing square footage exemptions, and other administrative changes; and 3)Adopt the attached ordinance to amend Chapter 16.45 of the Municipal Code to increase the Transportation Impact Fee from its current level of $3.03 per square foot to an initial base fee of $8.20 per square foot, with annual revisions to account for inflation. BACKGROUND On February 20, 2002 staff presented the Finance Committee with a report concerning increasing development impact fees for the existing commercial in-lieu housing fee and the existing transportation impact fee for the Stanford Research Park/El Camino Real Service Commercial Zone (CMR:150:02, attached). The February report contained the results of a community forum regarding impact fees, and made recommendations for new community services fees. A report concerning potential development impact fees for CMR: 189:02 Page 1 of 4 parks, community centers and libraries (CMR:146:02) was presented at the same meeting. Discussions at the February 20, 2002 Finance Committee meeting included community reaction, evaluation of fee levels, and policy issues related to exemptions and implementation. This report forwards to the City Council recommendations made by the Finance Committee at that meeting. COMMITTEE REVIEW AND RECOMMENDATIONS Commercial Housing In-Lieu Fee The Finance Committee voted 4-0 to increase the commercial housing in-lieu fee to $15 per square foot. The updated nexus study demonstrates an average cost of $57.81 per. square foot to provide affordable housing as a result of commercial development. Some community members addressed the Committee; suggesting that the impact fee should be closer to the average cost. The Committee discussed exemptions in the cun’ent ordinance, and confirmed that existing exemptions for religious organizations, child-care and public facilities should be preserved. Staff was directed to return to Council with information related to removing other land use exemptions, including colleges and universities, commercial recreation, hospitals, private education, private clubs, lodges, and fraternal organizations. If Council supports eliminating specific land use exemptions, the housing nexus costs will need to be determined based on the relative employment per square foot and associated low to moderate-income workers for each land use category. Administrative Changes The Committee directed staff to bring other administrative changes to the commercial housing in-lieu fee ordinance directly to Council, including removing the 20,000 square foot exemption, 2,500 square foot project threshold, and 2-step payment provision of the ordinance. These changes are included in the attached ordinance amendment. Staff recommends initiating a second phase of the Keyser Marston study to review and possibly revise other administrative aspects of the current ordinance and exemptions, as described in CMR:383:01. However, the recommended fee increase can be adopted now, prior to the second phase of the study. Transportation Impact Fee The Finance Committee voted 4-0 to increase the transportation impact fee for Stanford Research Park/El Camino Real Service Commercial Zone to $8.20 per square foot. Two members of the community expressed concern about the limited use of fees collected for intersection improvements. The Committee also expressed a desire to utilize the impact fee fund beyond the scope of the current ordinance. Staff was directed CMR: 189:02 Page 2 of 4 to return with a citywide transportation impact fee to address alternative transportation solutions, such as traffic calming and supporting non-vehicular modes of transit. ’ Implementation The ¯Finance Committee recommends final approval as the implementation milestone. If approved by Council, all projects with final approval after the effective date of the ordinance amendments will be required to pay the higher fees. All projects with final approval prior to the effective date of the ordinance amendments will be required to pay the cun’ent (lower) fees. The Finance Committee considered and rejected using building permit issuance as the implementation milestone, which would have imposed the higher fee on all projects in the review or building permit process. The Finance Committee also considered and rejected complete application as the implementation milestone, which would have ¯ allowed projects without final approval as of the effective date of the ordinance to pay the current (lower) fees. RESOURCE IMPACT Precise revenue projections are difficult, as the amount of development in any single year varies greatly. Staff has created a revenue scenario based on development in Palo Alto over the last 4 years. The annual revenue scenario presented below differs from that presented to the Finance Committee, as the Committee recommended higher fee levels than proposed by staff. Exhibit 3 - Revenue Scenario Current Fee Recommended Levels Fee Levels Housing 421,000 1,500,000 Traffic 151,500 410,000 Total $ 572,500 $1,910,000. Actual fee collection will be a function of the year in .which development occurs, and any future adjustments to fees for inflation. POLICY IMPLICATIONS The housing fee ordinance is .based on the long-standing City policy that commercial developers should contribute to the cost of meeting the affordable housing needs of their work force.. The recommended housing fee increase is intended to ensure that a significant portion of the affordable housing impacts of such projects are mitigated but, at the same time, commercial development remains viable in Palo Alto. CMR: 189:02 Page 3 of 4 The transportation fee ordinance was an outcome of the Citywide Land Use and Transportation Study. The purpose of the fee was to ensure that new development collectively bears responsibility for capital expenditures needed to provide capacity improvements necessitated by the development, as defined in the ordinance. The list of capacity improvements and associated costs has been updated, and supports the recolrmaended fee increase. ALTERNATIVES TO RECOMMENDATION Council has alternatives to adoPtion of the recommended ordinance specified, in the attached report to the Finance Committee (CMR: 150:02). amendments as TIMELINE New fees can be instituted previously-assumed 60 days)i 30 days following ordinance adoption (rather than the ATTACH1VIENTS A. CMR: 150:02 Recommended Increase To Commercial Housing In-Lieu Fee And Transportation Impact Fee For Stanford Research Park/El Camino Real Service Commercial Zone (presented to the Finance Committee on February 20, 2002) Ordinance to amend Chapter 16.47 of the Palo Alto Municipal Code Ordinance to amend Chapter 1.6.45 of the Palo Alto Municipal Code PREPARED BY: Heather Shupe, AdministratOr DEPARTMENT HEAD REVIEW: Lisa Grote Chief Planning Official CITY MANAGER APPROVAL: ~~. ~_~~ Emils~--~arrisdn Assistant City Manager CMR:189:02 Page 4 of 4 Attachment A City of Palo Alto City Manager’s Report TO:HONORABLE CITY COUNCIL ATTN:FINANCE COMMITTEE FROM: DATE: SUBJECT: CITY MANAGER DEPARTMENT: PLANNING AND COMMUNITY ENVIRONMENT FEBRUARY 20, 2002 CMR:IS0:02 RECOMMENDED INCREASE TO COMMERCIAL HOUSING IN- LIEU FEE AND TRANSPORTATION IMPACT FEE FOR STANFORD RESEARCH PARK/EL CAMINO REAL SERVICE COMMERCIAL ZONE REPORT IN BRIEF In 1984, the City of Palo Alto adopted an ordinance requiring developers of commercial and industrial projects to develop beiow market rate housing or pay a housing fee as mitigation for the impacts-on housing attributable to jobs created by commercial development. Neither the provisions of the ordinance nor the fee formula have been altered since minor amendments were made in 1985. Thecurrent fee rate is $4.21 per net - new square foot. A recent economic nexus study (CMR 383:01) demonstrates that the cost of providing housing affordable to the low and moderate-inc0me households attributable to new commercial development has increased significantly since the last study conducted in 1993. An increase in the housing fee base rate to $12.00 per square foot is recommended by staff to ensure that commercial projects mitigate a significant portion of the affordable housing impacts. In 1989, the City of Palo Alto adopted an ordinance implementing a fee on new nonresidential development to offset capital costs associated with capacity improvements at eight intersections near the Stanford Research Park / E1 Camin0 Real Service Commercial (CS) Zone. The fee is based on cost estimates, for intersection improvements, and has not been updated since adoption. A recent analysis indicates that the cost of these intersection improvements has increased significantly since 1989. The current fee rate is $3.03 per net new square foot. An increase in the trar~sportation impact fee to $8.20.per square foot is recommended by staff to ensure that development projects bear the full capital costs to provide capacity improvements. Page 1 of 6 RECOMMENDATION i:’ ~: .,:, ~i! Staffrecommends that the Finance Committee: 1) 2) Recommend to the City Council that Chapter 16.47 of the Municipal Code be amended to increase the Commercial Housing In-Lieu Fee from its current level of $4.21 per square feet to an initial base fee of $12.00 per square foot, with annual revisions to account for inflation; Recommend to the City Council that Chapter 16.45 of the Municipal Code be amended to increase the Transportation Impact Fee from its current level of $3.03 per square feet to an initial base fee of $8.20 per square, foot, with annual revisions to account for inflation; Recommend to the City Council that fee increases apply only to development projects currently in the "pipeline" where a complete application for discretionary approval, including a complete preliminary Architectural Review Board application, has not been submitted as of the effective date of the ordinance. Projects submitted or applications completed after the effective date of the ordinance will be subject to the increased fee. BACKGROUND In July 2001, staff contracted with Keyser Marston to update its 1993 housing nexus study, to develop a revised total linkage cost and assist staff in recommending an increase to the base fee rate. Results of the study and staff recommendations were presented to the Finance Committee on October 16, 2001. That report (CMR:383:01) included a complete background on the commercial housing in-lieu fee in Palo Alto, an analysis of the updated nexus study, a comparison, of housing fees in other cities, and staff recommendations for possible new fee levels for Palo Alto. A report concerning new impact fees for parks, community centers and libraries (CMR:381:01) was presented at~ the same meeting. The report also included an estimated increase to the transportation impact fee level. ~ The Finance Com~mittee directed staff to hold an outreach session with the community, and return to the Committee with recommendations once community sentiment was evaluated: The Finance Committee also directed staff to present proposed changes to housing and transportation impact fees at the same time, along with any new fees, in order to consider all of the fees together. DISCUSSION Public Outreach A public forum to discuss development impact fees was held December 19, 2001. Twenty members of the ~ommunity, including three members of City Council, attended CMR: 150:02 Page 2 of 6 the forum. While most of the discussion at the meeting related to proposed new fees, the group was also supportive of an increase in the existing housing impact fee level. At the end of the public outreach meeting, staff distributed a.survey to each participant to collect additional input. Ninety-three percent of survey responses support an increase in the housing impact fee. In terms of fee level, 23 percent of responses support the fee level as proposed, while 77 percent of responses support a fee greater than $12 per square foot. The December 19 survey also queried participants on a potential citywide traffic impact fee. Ninety-two percent of responses supported an evaluation of such a fee. The survey did not include a question regarding the-fee levels of existing transportation impact fees. Transportation Impact Fee The Stanford Research Park/El Camino Real transportation impact fee ordinance was adopted in 1989 as an outcome of the Citywide Land Use and Transportation Study. It is one of two traffic impact fee ordinances (San Antonio/East Bayshore is the other). The fee is determined by the cost of improvements at eight intersections, estimated in 1989 at $4.285 million. Neither the intersection projects nor their costs have been updated since the ordinance was adopted in 1989. The fee is adjusted each year for increases in the cost of construction based on the San Francisco Bay Area Construction Cost Index. In 1989 the fee was $2.39 per new square foot of development in the Stanford Research Park/E1 Camino Real CS Zone. Annual cost index adjustments have resulted in a fee of $3.03 in 2001, a 27 percent increase since 1989. The list of intersection projects in the current ordinance is out of date. Some have been finished and others have been revised by the new Comprehensive Plan. The current intersection projects listed in the Comprehensive Plan tha~ can be funded by this fee are: ¯Page Mill/Hanover; ¯Middle field Road/Oregon Expressway; ¯Foothill/Arastradero/Miranda; and¯Page Mill Expressway/El Camino Real. In 2001 Korve Engineering performed a study to re-evaluate cost estimates for capacity improvements at these intersections (see Attachments A and B). Korve Engineering estimates total $14.7 million, and include right-of-way or easements at a cost of $125 per square foot, as well as design, construction, and management costs. Also included is a contingency for each project. The original estimated costs in 1989 have increased to those projected in 2001 by 343 percent (see Attachment B). Staff recommends increasing the original 1989 base impact fee by the same percentage. This will result in an impact fee of $ 8.20 per square foot CMR:150:02 Page 3 of 6 ($2.39 x 343 percent). percent increase. Compared to the current fee of $3.03, this represents a 270 Staff had not completed its analysis on an updated fee level for intersection improvements prior to the December 19tu public forum. The estimated fee level projected at that time was $6.10 per square foot, rather than $8.20. Staff recommends the higher fee level in order to recover intersection improvement costs as estimated by Korve Engineering, based on the revised proj ect list. RESOURCE IMPACT Precise revenue projections for future housing fees if the proposed increase to $12 per square foot is adopted are not possible. Most commercial projects presently in development review, such as Hyatt Rickey’s and 800 High Street, provide a significant number of housing units within the project and therefore, under the provisions of the current ordinance, will not be required to pay a commercial housing fee. Thus, it will probably not be until the economy is well into recovery that the results of the proposed fee increase will be seen in the Commercial Housing In,Lieu’ Fund. However, if the $12 fee rate had applied to the commercial projects paying housing fees during the last fiscal year (2000-01), about $4.2 million would have been deposited to the Commercial Housing In-Lieu Fund versus the $1.4 million received with the current $4.21 fee. An acre to an acre and one-half of residential land could have been purchased at current values with $4 million in funds. Projections for future traffic impact fees are also difficult, as the amount of development in any single year varies greatly. However, a comparison of fee levels using remaining development potential may be useful. The Comprehensive Plan identifies approximately one million square feet of development potential in the Stanford Research Park/El Camino Real CS Zone, including the Mayfield site (290,000 square feet). Since adoption of the Comprehensive Plan in 1998, approximately 561,000 new square feet have been constructed or approved in the impact area, including 2475 Hanover. The remaining development potential is 529,000 square feet. If the existing fee were applied it would yield $1.6 million ($3.03 x 529;000). The proposed fee would yield $4.3 million ($8.20 x 529,000). Actual fee collection will be a function of the year in which development occurs, and any future adjustments to the fee for inflation or updates to the project list. POLICY IMPLICATIONS The housing fee ordinance is based on the long-standing City policy that commercial developers should contribute to the cost of meeting the affordable housing needs of their work force. The housing fee ’increase recommended by staff is intended to ensure that a significant portion of the affordable housing impacts of such projects are mitigated but, at the same time, commercial development remains viable in Palo Alto. A $12 housing fee would be comparable to the housing fee rate in San Francisco ($14) Seattle ($12) and Menlo Park ($10). CMR: 150:02 Page 4 of 6 The transportation fee ordinance was an outcome of the .Citywide Land Use and Transportation Study. The purpose of the fee was to ensure that new development collectively bears responsibility for capital expenditures needed to provide capacity improvements as defined in the ordinance. The transportation fee increase recommended by staff is intended to support this goal by updating the list of capacity improvements and associated costs. ALTERNATIVES TO STAFF RECOMMENDATION The following are possible alternatives to staff’s recommended adoption of proposed impact fee increases: 1) 2) 3) 4) Decide not to increase fee levels at this time, leaving the current fees intact; Decide to postpone, or phase-in, recommended fee increases; Set the housing fee at a higher (or lower) level than .the $12 per square foot recommended by staff. Seventy-seven percent of survey respondents supported a fee level higher than that proposed by staff. The nexus study update justifies a housing impact fee rate of up to $57.81 per square foot, which would, on average, cover 100 percent of the affordable housing costs generated by a prototype commercial project. Council could choose to set the housing fee at any amount from the current $4.21 up to the $57.81 maximum supported by the consultant’s study. Other cities have housing fee levels ranging from $0 to $14 per square foot; Set the transportation fee at a higher (or lower) level than the $8.20 per square foot recommended by staff. Preliminary estimates presented to the public in October and December 2001 for this fee were $6.10 per square foot. Conversely, spreading the current estimated cost of proposed intersection improvements over the remaining development potential results in a fee level of $27.79 per square foot ($14.7 million/ 529,000 square feet), a nine-fold increase in the current fee. Other Cities have transportation fee levels ranging from $0 to $12.73 per square foot. TIMELINE Oncethe Finance Committee recommends specific fee levels to staff, staff will prepare ordinance amendments for Council adoption to enact the new housing and transportation fees. New fees can be instituted 60 days following ordinance adoption. Staff plans to initiate a second phase of the review and evaluation of the housing fee after adoption of the fee increase. A draft work program extending the current contract with Keyser Marston has been prepared, but staff has not executed the contract amendment pending Council input and direction on policy issues that affect the work program. After completion of the second phase~ staff will return to Council with a revised ordinance for review and adoption. CMR:150:02 Page 5 of 6 Staff also plans to begin an evaluation of a citywide transportation impact fee, once the transportation division’s traffic model is complete. A nexus study will be required, per AB 1600 legislative requirements. This project will begin next fiscal year, and will require both staff and contract expertise. If necessary, resources will be requested during the 2002-03 Fiscal Year budget process for the project. ENVIRONMENTAL REVIEW This action is not a project under the California Environmental Quality Act (CEQA), and does not require CEQA review. ATTACHMENTS A.Estimated Cost of Capacity Improvements B.Comparison of Estimated Cost of Capacity Improvements PREPARED BY: ~ther Shupe, Admi~nistrator REVIEWED BY: S!@e"E~’mslie,of Planning and Community Erivironment CITY MANAGER APPROVAL: Emily Harrison, Assi~a~t City Manager CMR: 150:02 Page 6 of 6 Attachment A ESTIMATED COST OF CAPACITY IMPROVEMENTS FOR STANFORD RESEARCH PARIUEL CAMINO REAL SERVICE COMMERCIAL (CS) ZONE City Of Palo Alto Intersection Improvement Project Cost Estimate /Intersection Modifications ~ ,~ Page Mill Road / Hanover Street (Westbound Page Mill) ’~" Item 1 2 3 4 5 6 7 8 9 10 11 12 13 ,14 15 Description Remove Existing Detail 8 Stripe Remove Existing 6" Traffic Stripe Remove Existing Pavement Markings Remove Asphalt Concrete Remove Median Install Detail 8 Traffic Stripe Install 6" Traffic Stripe Install Crosswalk Stripe Install Pavement Markings Install Asphalt Concrete Install Median Sinage Utilities Traffic Signal Modifications Traffic Control Quantity ,.I UnitsI 1,200 LF .1,610 LF 192 LF 3,000 SF 2,280 LF 1,650 LF !;610 LF 10 LF 320 SF 3,420 SF 1,710 LF 1 LS !LS 1 LS 1’LS Subtotal Unit Cost $1 $3 $4 $4 $1o $1 $3 $6.50 $6.50 $8 .$3o $2,00o $2O,OOO $25,000 $15,ooo Contingency (40%) Design / Construction (25%) Construction Management (15%) Mobilization City Process TOTAL Total Cost $1,200 $4,830 $768 $12,000 -$22,800 $1,650 $4,830 $65 $2,o8o $27,360 $51,300 $2,ooo $2o,ooo $25,000 $15,000 $190,883 $76,353 $66,809 $40,085 $2O,OOO $2o,ooo $414,131 City Of Palo Alto Intersection Improvement Project Cost Estimate Intersection Modifications Page Mill Read / Hanover Street (Hanover) I Item I " Description 1 Remove Existing Detail 8 Stripe 2 Remove Existing 4" Traffic Stripe 3 Remove Existing Detail 1 Stripe 4 Remove Existing Double Yellow Traffic Stripe 5 Remove Asphalt Concrete 6 Remove Curb & Gutter 7 ~,em ove Sidewalk 8 Install Detail 8 Traffic Stripe 9 Install 4" Traffic Stripe 10.Ins{all Detail 1 Stripe 11 Install Double Yellow Traffic Stripe 12 Install Pavement Markings 13 Install Asphalt Concrete 14 Install Curb & Gutter 15 Install Sidewalk 16 Sinage 17 Drainage 18 Utilities 19 Traffic Control Quantity 1,800 130 2OO 95O 1,265 1,265 6,115 1,775 2,400 2OO 95O 130 2,530 1,265 6,115 1 1 1 1 Subtotal Units LF LF LF LF SF LF SF LF LF LF LF SF SF LF SF LS LS LS LS unit Cost $1 $2 $1 $4 $4 $6 $1 $1 $2 $1 $4 $6.50 $8 $20! $5.501 $2,ooo $20,000 $20,000 $5,000 Contingency (40%) Design / Construction (25%) Construction Management (15%) ROW (1,200 sf) ROW Contingency (100%) Mobilization City. Process Total Cost $1,800 $26C $200 $3,800 $5,0601 $7,590 $6,115 $1,775 $4,800 $200 $3,800 $845 $20~240 $25,300 $33,633 $2,000 $2O,00O $20,000 $5,o00 $162,418 $64,967 $56,846 $34,108 $150,000 $150,000 $20,000 $20,000 TOTAL $658,338 City Of Palo Alto Intersection Improvement Project Cost Estimate Intersection Modifications Oregon Expressway / Middlefleld Road ’ ItemI Description 1 Remove Existing Detail 8 Stripe 2 Remove Existing 4" Traffic Stripe 3 Remove.Existing 6" Traffic Stripe 4 Remove Existing Double Yellow Traffic Stripe 5 Remove Existing Crosswalk Stripe 6 Remove Pavement Markings 7 Remove Asphalt Concrete 8 Remove Median 9 Remove Curb & Gutter 10 Remove Sidewalk 11 Remove Landscaping 12 Install Detail 8 Traffic Stripe 13 Install 4" Traffic Stripe 14 Install 6" Traffic Stripe 15 Install Double Yellow Traffic Stripe 16 Install Crosswalk Stripe 17 Install Pavement Markings 18 Install Asphalt Concrete , i9 Install Median 20 Install Curb & Gutter 21 Install Curb Ramp 22 Install Sidewalk 23 Tree Removal Mitigation 24 Sinage 25 Drainage 26 Utilities 27 Replace Traffic Signal 28 Traffic Control Quantity 2,475 39O 49O 710 665 120 4,090 4,250 1,800 7,960 1 2,725 38O 975 940~ 700’ 270’ 11,600 800 1,755 6 8,O5O 1 1 1 1 1 1 Subtotal Units LF LF LF LF LF SF SF SF LF SF LS LF LF LF LF LF SF SF SF LF EA SF LS LS LS LS LS LS Unit Cost $1 $2 $3 $4 $4 $~ $4 $1o $6 $20,000i $1~ $2 $3 $4 $6.50 $6.50 $8 $30 $20 $220 $5.50 $5o,ooo $2,ooo $40,000 $6o,ooo $150,000 $20,000 Contingency (40%) Design / Construction (20%) Construction Management (10%) Mobilization City Process Total Cost $2,475 $780 $1,470 $2,840 $2,660 $480 $16,360 $42,500 $10,800 $7,960 $2O,OOO $2,725 $760 $2,925 $3,760 $4,55o $1,755 $92,800 $24,000 $35,100 $1,320 $44,275 $50,000 $2,000 $40,000 $60,000 $150,000 $20,ooo $644,295 $257,718 $180,403 $90,201 $20,000 $20,000 TOTAL $1,212,617 City Of Palo Alto Intersection Improvement Project Cost Estimate Intersection Modifications Foothill Expressway / Arasadero Road Item 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Remove Remove Remove Remove Remove Remove Remove Remove Remove Remove Description Existing Detail 8 Stripe Existing 4" Traffic Stripe Existing 6" Traffic Stripe Existing Double Yellow Traffi~ Stripe Existing Crosswalk Stripe Pavement Markings Asphalt Concrete Median Curb & Gutter Sidewalk Quantity 2,010! 50 425i 375i 73O 69O 4,200 1,660 1,885 18,520 Units LF LF L.F LF LF SF SF SF LF SF Unit Cost $1 $2 $3 $4 $4 $4 $4 $10 $6 $1 Remove Landscaping LS $10,000 Install Detail 8 Traffic Stripe LF $1 Install 4" Traffic Stripe LF $2 Install 6" Traffic Stripe LF $3 Install Double Yellow Traffic Stripe LF $4 . Install Crosswalk Stripe LF $6.50 ~lnstall Pavement Markings SF $6.50 Install Asphalt Concrete SF $8 Install Median SF $30 Install Curb & Gutter . LF $20 I Install Curb Ramp EA $220 l lnstall Sidewalk SF $5.50 I Replace Landscaping LS $25,000 ISinage LS $4,000 Drainage LS $40,000 Utilities LS $40,000 :Traffic Signal Modification LS $50,000 iT~affic Control LS $20,000 1 2,840 1,450 1,270 90 865 920 20,000 4,975 1,465 6 15,140 1 1 1 1 2 1 Subtotal Contingency (40%) Design / Cons~.ruction (20%) Construction Management (10%) ROW (12,720 sf) ROW Contingency (100%) Mobilization City Process TOTAL Total Cost $2,010 $100 $1,275 $1 500 $2,92O $2,760 $16,8oo $16,600 $11,310 $18,520 $10,000 $2,840 $2,900 $3,810 $360 $5,623 $5,98o $160,000 $149,250 _ $29,300 $1,320 $83,270 .$25,ooo $4,000 $40,000 $40,000 $100,000 $2o,ooo $757,448 $302,979 $212,085 $106,043 $1,590,000 .$1,590,000 $20,000 $20,000 $4,598,554 City Of Paio Alto Intersection Improvement Project Cost Estimate Intersection Modifications "- El Camino Real/Page Mill Road (Northbound El Camino Real)C-~ ~ "::"" ) Item I Description ¯ Units Unit Cost 1 Remove Asphalt Concrete SF $4 2 Remove Curb & Gutter LF $6 3 Remove Sidewalk SF $1 4 Remove Landscaping LS $5,000 5 Install 6" Traffic Stripe LF $3 6 Install Crosswalk Stripe LF $6.50 7 Install Pavement Markings SF $6.50 8 Install Asphalt Concrete SF $8 9 Install Curb & Gutter LF $20 10 Install Curb Ramp EA.$220 11 Install Sidewalk SF $5.50 12 Tree Removal Mitigation LS $10,000 13 Sinage LS $2,000 14 Traffic Signal LS $30,000 15 Drainage LS $20,000 - 16 Utilities LS $10,000 17 Traffic Control LS $10,000 Quantity 32O 32O 2,000 1 ’ 270 25 3O 645 315 2 1,910 1 1 1 1 1 1 Subtotal Contingency (40%) Design / Construction (25%) Construction Management (15%) ROW (20,400 sf) Business Relocation (2 Businesses) ROW Contingency (100%) Mobilization City Process Caltrans Process Total Cost $1,280 .$1,920 $2,000 $5,000 $810 $163 $195 $5,160 $6,300 $440 $10,505 $10,000 $2,0OO $30,000. $20,00O $10,000; $10,0001 $115,773i $46,30£ $40,520 $24,312 $2,550,000 $1,000,000 $3,550,000 $20,000 $20,00O $20,000 I-OTAL $7,386,914 City Of Palo Alto Intersection. Improvement Project Cost Estimate Intersection Modifications El Camino Real/Page Mill Road (Westbound Page. Milli !Item I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 2O Description Quantity Units Unit Cost LF LF SF LF SF LS LF LF LF SF SF LF EA SF LS LS LS LS LS LS $1 $3 $4 $6 $1 $5,000 $1 $3 $6.50 $6.50 $8 $2O $220 $5.5o $15,00o $2,000 $20,000! $20,000 $2o,ooo $15,ooo Remove Existing Detail 8 Stripe Remove Existing 6" Traffic Stripe Remove Asphalt Concrete Remove Curb & Gutter Remove Sidewalk Remove Landscaping InstalIDetail 8 Traffic Stripe Install 6" Traffic Stripe In~tall Crosswalk Stripe Install Pavement Markings Install Asphalt Concrete Install Curb & Gutter Install Curb Ramp nstall Sidewalk Tree Removal Mitigation Sinage Traffic. Signal Drainage Utilities Traffic Control 520 46O 52O 52O 5,75O 1 9OO 76O 10 160 4,450 520 1 4,260 ! 1 1 1 1 1 Total Cost $520 $1,380 $2,080 $3,120 $5,750 $5,000 $900 $2,280 $65 $1,040 $35,60O $10,400 $220 $23,43O $15,000 $2,ooo $20,000 $2O,0OO $2o,ooo $15,000 Subtotal Contingency (40%). Design / Construction Support (25%) Construction Management (15%) Mobilization City Process caltrans Process TOTAL $183,785 .$73,514 $64,325 $38,595 $2O,OOO $20,000 $20,000 $420,219 City Of Palo Alto Intersection Improvement Project Cost Estimate Intersection Modifications ~_. ~., Page Mill Road / Hanover Street (Westbound Page Mill) Item I Description 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 IRemove Existing Detail 8 Stripe !Remove Existing 6" Traffic Stripe Remove E.xisting Pavement Markings Remove Asphalt Concrete Remove Median nstall Detail 8 Traffic Stripe Install 6" Traffic Stripe Install Crosswalk Stripe " Install Pavement Markings Install Asphalt Concrete Install Median Sinage Utilities Traffic Signal Modifications Traffic Control Quantity 1,200 1,610 !92 3,000 2,280 1,650 1,610 10 32O 3,420 1,710 1 1 1 1 Subtotal Units LF LF .LF SF LF LF LF LF SF ¯ SF LF LS LS LS LS Unit Cost $1 $3 $4 $4 $1o $1 $3 $6.50 $6.5o $8 $30 $2,ooo $20,000 $25,000 $15,000 Contingency (40%) Design / Construction (25%) Construction Management (15%) Mobilization City Process Total Cost $1,200 $4,830 $768 $12,000 $22,800 $1,650 $4,830 $65 $2,080 $27,360! $51,3001 $2,000i $2O,OO0’ $25,OOO $15,000 $190,883 $76,353 $66,809 $4o,o85 $20,000 $2o,ooo TOTAL $414,131 City Of Palo Alto Intersection Improvement Project cost Estimate Intersection Modifications ~ Page Mill Road / Hanover Street (Hanover) ~ .... I Item Description Quantity Units Unit CostI 1 P~emove Existing Detail 8 Stripe 1,800 LF $1 2 Remove Existing 4" Traffic Stripe 130 LF $2 3.Remove Existing Detail 1 Stripe ,200 LF $1 4 Remove Existing Double Yellow Traffic Stripe 950 LF $4 5 Remove Asphalt Concrete 1,265 SF $4 6 Remove Curb & Gutter 1,265 LF $6 7 Remove Sidewalk 6,115 SF $1 8 Install Detail 8 Traffic Stripe t ,775 LF $1 9 Install 4" Traffic Stripe 2,400 LF $2 !0 Install Detail 1 Stripe 200 LF $1 11 Install Double Yellow Traffic Stripe 950 LF $4 12 Install Pavement Markings 130 SF $6.50 13 Install Asphalt Concrete 2,530 SF $8 14 Install Curb & Gutter 1,265 LF " $20~ 15 ,Install Sidewalk 6,115 SF $5.50: 16 !Sinage 1 LS $2,000 17 Drainage 1 LS $20,000 18 Utilities 1 LS $20,000 19 Traffic Control ’1 LS $5,000 Subtotal ,Contingency (40%) iDesign / Construction (25%) iConstruction Management (15%) ROW (1,200 sf) ROW Contingency (100%) Mobilization City Process Total Cost $1,800 $260 $20o $3,8OO $5,o6o $7,590 $6,115 $1,775 $4,800 $200 $3,800 $845 $20,24O $25,300 $33,633 $2,ooo $20,000 $20,000 $5,000 $162,418 $64,967 $56,846 $34,108 $15o,ooo $150,000 $2o,ooo $2o,ooo TOTAL $658,338 City Of Palo Alto Intersection Improvement Project Cost Estimate Intersection Modifications Oregon Expressway / Middlefield Road Item 1 2 3 4 5 6 7 8 9 10 11 !2 13 14 15 16 17 18 19. 20 21 22 23 24 25 26 27 28 Description Remove Existing Detail 8 Stripe Remove Existing 4" Traffic Stripe Remove Existing 6" Traffic Stripe Remove Existing Double Yellow Traffic Stripe Remove Existing Crosswalk Stripe Remove Pavement Markings Remove Asphalt Concrete Remove Median Remove Curb & Gutter Remove Sidewalk Remove Landscaping Install Detail 8 Traffic Stripe Install 4" Traffic Stripe Install 6" Traffic Stripe Install Double.Yellow Traffic Stripe Install Crosswalk Stripe Install Pavement Markings Install Asphalt Concrete Install Median Install Curb & Gutter Install Curb Ramp Install Sidewalk Tree Removal Mitigation Sinage Drainage Utilities Replace Traffic Signal Traffic Control Quantity Units 2,475 LF 390 LF 490 LF 710 LF 665 LF 120 SF 4,090 SF 4,250 SF 1,800 LF 7,960 SF 1 LS 2,725 LF 380 LF 975 LF 940 LF 700 LF 270 SF 11,600 SF 800 SF 1,755 LF 6 EA 8,050 SF 1 LS 1 LS 1 LS 1 ’LS 1 LS 1 LS Subtotal Contingency (40%) Unit Cost $1 $2 $3 $4 $4 $4 $4 $10 $6 $1 $2o,ooo $1 $2 $3 $4 $6.50 $6.5O $8 $30 $2O $220 $5.5O $5o,ooo $2,ooo $40,000 $60,000 $150,000 $20,000 Design / Construction (20%) Construction Management (10%) Mobilization ~City Process Total Cost $2,475 $780 $1,470 $2;840 $2,6#0 $480 $16,360 $42,50O $10,800~ $7,960 $20,000 $2,725 $760 $2,925 $3,760 $4,550 $1,755 $92,800 $24,000 $35,100 $1,320 $44,275 $50,ooo $2,ooo $4O,OOO $60,000 $150,000 $20,000 $644,295 $257,718 $180,403 $90,201 $20,000 $20,000 ]’OTAL $1,212,617 City Of Palo Alto Intersection Improvement Project Cost Estimate Intersection Modifications Foothill Expressway / Arasadero Road Item I Description 1 Remove Existing Detail 8 Stripe 2 Remove Existing 4" Traffic Stripe 3 Remove Existing 6" Traffic Stripe 4 Remove Existing Double Yellow Traffic Stripe 5 Remove Existing Crosswalk Stripe 6 Remove Pavement Markings 7 Remove Asphalt Concrete 8 Remove Median 9 Remove Curb & Gutter !0 Remove Sidewalk Quantity Units Unit Cost 2,010 50 425 375 730 69O 4,200 1,66O 1,885 18,520i LF LF LF LF LF SF SF ¯ SF LF SF. $1 $2 $3 $4 $4 $4 $4 $10 $6 $1 Total Cost $2,010 $1oo $1,275 $1,500 .$2,920 $2,760 $16,8OO $16,600 $11,310 $18,520 11 12 13 14 15 16 17 18. 19 2O 21 22 23 24 25 26 27 28 Remove Landscaping Install Detail 8 Traffic Stripe Install 4" Traffic Stripe Install 6" Traffic Stripe Install Double Yellow Traffic Stripe Install Crosswalk Stripe Install Pavement Markings 2,840 1,450 1,270 90 865 92O LS $10,000 LF LF LF LF LF SF $1 $2 $3 $4 $6.50 $6.50 $10,000 $2,84O $2,900 $3,810 $360 $5,623 $5,980 Install Asphalt Concrete Install Median Install Curb & Gutter Install Curb Ramp Install Sidewalk Replace Landscaping Sinage Drainage Utilities Traffic Signal Modification Traffic Control 20,000 4,975 1,465 6 15,140 1 1 1 1 2 1 Subtotal SF SF LF EA SF LS LS LS LS LS LS Contingency (40%) Design / Construction (20%) $8 $30 $20 $220 $5.50 $25,000 $4,000 $40,000 $40,000 $5o,ooo $2o,ooo Construction Management (10%) $160,000 $149,250 $29,300 $1,320 $83,270 $25,ooo $4,ooo $40,000 $40,O0O $100,000 $20,000 $757,448 $302,979 $212,085 $106,043 ROW (12,720 sf) ROW Contingency (100%) Mobilization =City Process $1,590,000 $1,590,000 $20,000 $2o,ooo TOTAL $4,598,554 City Of Palo Alto Intersection Improvement Project Cost Estimate Intersection .Modifications El Camino Real/Page Mil! Road (Northbound El Camino Real) Item I Description 1 Remove Asphalt Concrete 2 Remove Curb & Gutter 3 Remove Sidewalk 4 Remove Landscaping 5 Install 6" Traffic Stripe 6 Install Crosswalk Stripe 7 Install Pavement Markings 8 Install Asphalt Concrete 9 Install Curb & Gutter 10 Install Curb Ramp 11 Install Sidewalk 12 Tree Removal Mitigation 13 Sinage 14 Traffic Signal 15 Drainage 16 Utilities 17 Traffic Control Quantity 320 32O 2,000 1 27O 25 3O 645 315 2 1,910 1 1 1 1 1 1 Subtotal Units SF LF SF LS LF LF SF SF LF EA SF LS LS LS LS LS LS Unit Cost $4 $6 $1 $5,00O $3 $6.50 $6,5o $8 $2O $220 $5.50 $1o,000 $2,ooo $30,000 $20,000! $10,000~ $1o,000; Contingency (40%) Design / Construction (25%) Construction Management (15%) ROW (20,400 sf) Business Relocation (2 Businesses) ROW Contingency (1.00%) Mobilization City Process Caltrans Process TOTAL Total Cost $1,280 $!,920 $2,000 $5,000 $81o $163 $195 $5,160 $6,300 $440 $1o,5o5 $10,000 $2,ooo $30,000 $20,000 $10,000 $10,000 $115,773 $46,309 $40;520 $24,312 $2,55O,O0O $!,000,000 $3,550,000 $20,000 $20,000 $20,000 $7,386,914 City Of Palo Alto Intersection Improvement Project Cost Estimate Intersection Modifications El Camino Real/Page Mill Road (Westbound Page Mill) Item Description Unit Cost 1 Remove Existing Detail 8 Stripe $1 2 Remove Existing 6" Traffic Stripe,$3 3 ~,emove Asphalt Concrete $4 4 Remove Curb & Gutter $6 5 Remove Sidewalk $1 6 Remove Landscaping $5,000 7 Install Detail 8 Traffic Stripe $1 8 Install 6" Traffic Stripe ¯$3 9 Install Crosswalk Stripe $6:50 10 Install Pavement Markings $6.50 11 Install Asphalt Concrete $8 12 Install Curb & Gutter ’ $20 13 Install Curb Ramp $220 14 Install Sidewalk $5.50 15 Tree Removal Mitigation $15,000 16 Sinage $2,000 17 Traffic.Signal $20,Q00 18 Drainage $20,000 19 Utilities $20,000 20 Traffic Control $15,000 Quantity Units 520 LF 460 LF 520 SF 520 LF 5,750 SF 1 LS 900 LF 760 LF- 10 LF 160 SF 4,450 SF 520 LF ¯1 EA 4,260 SF 11 LS 1 LS 1 LS 1 LS 1 LS 1 LS Subtotal Contingency (40%) Design / Construction.Support (25%) Construction Management (15%) Mobilization City Process Caltrans Process Total Cost $520 $1,380 $2,080 $3,120 $5,750 $5,000 $9oo $2,280 $65 $1,040 $35,600 $10,400 $220 $23,430 $15,oo0 $2,000 $2o,ooo $20,000 $2o,ooo $15,000 $183,785 $73,514 $64,325 $38,595 $20,000 $20,00o $20,000 TOTAL $420,2191 Attachment B z < w .___E~E xwXw .=_ E w 0 0 m m o 6 6 6 Attachment B~ ORDINANCE NO. ORDINANCE OF THE COUNCIL OF THE CITY OF PALe ALTO AMENDING SECTIONS 16.47.020 AND 16.47.040 OF CHAPTER 16.47 (APPROVAL OF ’PROJECTS WITH IMPACTS. ON HOUSING)TO INCREASE THE COMMERCIAL HOUSING IN-LIEU FEE AND RELATED CHANGES The Council of the City of Pale Alto does hereby ORDAIN as follows: SECTION i. Section 16.47.020 of Chapter 16.47 (Approval of Projects with Impacts on Housing) of Title 16 (Building Regulations) Of the Pale Alto Municipal Code is hereby amended to read as follows: 16.47.020 Applicability. This chapter shall apply to the following developments, except those exempt under Section 16.47 030: a) Any new gross square footage of two ~ ......~ ~:~ ....... footage of nonexempt uses on a site has ....~-~ ~ .....~’" t~-+~ Any .~, ~- squarc ~"^~~ ~ .....~ ~........ ~ ....age in a deTc~ ......., ~ gross square footage that is converted from an exempt use to a nonexempt use, if such development removes from the city’s housing stock two or more legal dwelling units that have last been used for housing; ~4-~_~ New gross square footage that replaces nonexempt uses shall not be considered gross square footage for the purposes of the ordinance codified in this chapter~ "Replaces" means that the new gross square footage receives design approval pursuant to Chapter 16.48 within one year of the previous nonexempt uses being demolished; ~-e-~__~ New gross square footage in a development used for il) an on-site cafeteria, recreational facility, and/or day care facility, to be provided for employees and/or their 020320 sm 0032530 i children and not Open to the general public, or (2) a hazardous materials storage facility shall be exempted from. the requirements of this chapter. If any square footage. ~xempted under this subsection (e) is converted to a nonexempt use, the entire amount of gross square footage converted must meet the requirements of this chapter, regardless .of the number of.square feet converted. SECTION 2. Section 16.47.040 of the Palo Alto Municipal Code is hereby amended to read as follows: 16.47.040 Housing requirement. (a) Developments must provide the number of low-income and moderate-income housing u~its determined by the formula set forth below or provide an in-lieu fee as set forth in Section 16.47.040(d) below: Gross Square Feet/350 x .017 = Number of units required (b) This formula is based on the reasonable approximation of the amount of housing necessary to satisfy ten percent of the demand for low to moderate-income housing based on the average number of low to moderate-income employees generated per average household by the average commercial and industrial development. (c) Housing units may be sold or rented to low-income and moderate-income buyers pursuant to the city’s below market rate (BMR) program and may be provided either On the site of the proposed deve!opment or off-site. If the Unit is provided on site, .its design and location shall be part of the architectural review application of the entire proposed deve!opment. If the unit is off-site, the director of planning and community environment must approve the size, condition and location of the units. (I) A housing unit if sold, shall be sold to the city, or city’s designee, at the cost of construction and financing, excluding land costs and profi[; provided, that the cost shal! not be ,greater than that affordable to buyers under the current income limits for the Palo Alto below market rate. program, publ±shed yearly by the department of planning and community environment and on file with the city cle[k. (2) A housing unit, if rented, shall be rented for a minimum of fifty-nine years subject to Palo Alto’s below market 020320 sm 0032530 2 rate rental program, or for a lesser period; provided, that it is s.old in accordance with subdivislon (i) of this section.. (3) A below market rate agreement shall be entered into between the city and the developer at the time of design approval of the development pursuant to Chapter 16.48. (d) If housing units are not to be provided, .the developer shall make an in-lieu payment to the city’s housing fund of fifty ~ .......~ ~ ............................... ~ rcquired unit as ~........................of constructing an avoragc ~low ~’~ ~ ~ ~ ....s’~ ~ .....c~u cnt of two fifteen dollars ~ ~"-*~ .............. ~ ............per square foot of proposed development. The ~;~;~" ~~ dollars pcr unitfifteen dollars per square foot shall be adjusted annually from the date of approval of the ordinance codified herein by the percentage changes in the Consumer Price Index, all urban consumers index, for the San Francisco-Oakland area ~ ............ conts r (e) Half of T%he in-lieu payment must be paid__prior to issuance of "-’~ ~ ....~~ ~ ....~ ~ ....~ ....."~ rccclvl~m the first grading or building permit for a project or the permit.Any__permit issued prior to payment shall be null and occupa cy .... ~ ~ ~ .... ~ For a phased project; payments may be made for each portion of a phased project ""~- ~ ....~-~ ~ ............................ ~ of --prior to issuance of the first grading or building permit for that phase and as the ~ occupancy for that pha~ ~ .... ~ ;~ (f) If the formula as applied to a proposed development results in a fraction of a unit, the developer shall provide for the fraction of a unit either a whole unit or a proratcdan in- lieu payment, based on the abovc formula entire applicable square footage. (g) At the time of a developer’s application for architectural review pursuant to Chapter i6.48, or, if no ar6hitectural review is necessary, at the time of an application " for a ccrtificatc of use and occupancybuildin~ permit, the developer, must notify the director of planning and community environment whether units or an inrlieu payment will be provided to the city. The housing requirement shall then beplaced as a condition on the director’s approval of the project pursuant to Chapter 16.48 or as a condition on the issuance of a usc and 020320 sm 0032530 3 occupansybuildinq permit by the services. division of inspectional (h) Exceptio~ for Mixed Use Developments. In a. mixed housing and commercial or industrial development~, the developer’s housing requirement pursuanz to this chapter ~and the developer’s below market rate housing requirement pursuant to pro@ram i0 of the housing element of the Comprehensive Plan both should be calculated. The developer shall be required to meet only the larger of the two requirements. SECTION 3. This is not a pro3ect for purposes of the California Environmental Quality Ac~ (CEQA). However, individual improvement projects to be funded by the fees hereby established and individual development projects upon which the fees will be imposed shall be subject to appropriate environmental revlew under CEQA. // _!]_.. // 020320 sm 0032530 4 SECTION 4. This ordinance shall be effective 30. days after the date of its adoption; provided, that when effective, the provisions of Sections 16.47.020 and 16.47.040 .hereby amended shall be Imposed on all applicable development receiving discretionary approval from and after the effective date hereof. INTRODUCED: PASSED: AYES NOES: ABSENt: ABSTENTIONS: ATTEST: City Clerk APPROVED AS TO FORM: Mayor APPROVED: Senior Asst. City Attorney City Manager Director of Planning and Community .Environment Director of Administrative Services 020320 sm 0032530 5 Attachment C ORDINANCE NO. ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING SECTION 16.45.060 OF CHAPTER 16.45 (TRANSPORTATION IMPACT FEE FOR NEW NONRESIDENTIAL DEVELOPMENT IN THE STANFORD RESEARCH PARK/EL CAMINO REAL CS ZONE) OF THE PALO ALTO MUNICIPAL CODE TO INCREASE THE FEE AND TO REVISE THE LIST OF INTERSECTIONIMPROVEMENTS TO BE FUNDED BY THE FEE The Council of the City of Palo Alto does ORDAIN as follows: SECTION I. Recitals. (a) By Ordinance No. 3894 adopted August 7, 1989, the CLty Council added Chapter 16.45 to the Palo Alto Municipal Code, to establish a fee on new development in the Stanford ~Research Park/El Camino Real CS Zone, to pay for the cost of certain intersection improvements described in the o~dinance. (b)The intersection improvements described in the ordinance had been identified in the Citywide Land Use and. Transportation Study Environmental Impact Report (Citywide EIR) prepared by City staff and certified by the City Counc±l on March 6, 1989. (c)Due to the passage of time, some of the identified intersection improvements have been completed. Further, the uncompleted improvements as well as possible alternative solutions were studied in Chapter 4.3, Section 5(a) of the Environmental Impact Report for the 1998-2010 Comprehensive Plan, which was certified by the City Council on July 20, 1998. The intersections recognized as necessary to mitigate the impacts of ongoing development in the Stanford Research Park/El Camino Rea! CS zone were set forth in the 1998- 2010 Comprehensive Plan. (d)The estimated costs of construction have increased substantially subsequent to adoption of Ordinance No. 3894. A study by Korve Engineering dated June 2001, entitled "Estimated Cost of Capacity Improvements for Stanford Research Park/El Camino Real Service Commercial (CS) Zone,< a copy of which is on file in the office of the Chief Transportation Official, and to which copy reference is hereby made for the full particulars thereof, has updated the estimated costs of those improvements that staff has identified as currently meeting the needs identified in the Citywide EIR and Ordinance No. 3894 and as updated by the 1998-2010 Comprehensive Pla~~. (e) This ordinance sets forth a revised l~st. of improvements to be funded by the fee established by Ordinance No. 3894, as well as their costs, and increases the amount of the fee to be paid by applicable development projects. " SECTION 2. Section 16.45.060. of Chapter 16.45, Title 16 [Building Regulations] of the Palo Alto Municipal Code is hereby amended to read as follows: 16.45..060 Calculation of transportation impact fee. (a)Capacity improvements at the. designated intersections and estimated cost thereof. The following capacity improvements were identified in the EIR (pages IV.B-50 through 85) and in Chapter 4.3L Section 5{.a) of the Environmental Impact ~P o__r~_~_~ h 9_.~.9~_~._<.~Q..~_~.9~h.9~ s ~_y_ ~ ~.~ a~_. Intersection Number and Name Capacity Improvement*Est. Cost B-5 turn ~ ~..... ; close ( Page Mill Expressway/Hanover Street Add southbound right-turn lane; restripe northbound approach C-I Middlefield Road/ Oregon Expressway Add north- and south-bound left turn lanes ~ Miranda;.cl~-~- ~ shared lancs 138,000 020313 sm 0032532 way/Arastradero/ Miranda Add additional westbound lane on Arastradero at Miranda to provide two left-turn lanes, two throuqh lanes and a riqht-turn lane at Foothill. ,D-2(a)Page Mill Expressway/ E1 Camino Real Add right-turn lanes all approaches 005 ~’~Total Estimated Cost of Capacity Improvements $4,~ ,~ $14,690,773 Notes: * Full descriptions of the capacity improvements are contained ....... <~ o_<G .~ ..... Z O1 ~4 ~h~ ETD ~ 4~ 0~4 VI.D of thc EIR Final Addcndumin Chapter 4 3, Section 5(a) of the EIR for the 1998-2010 Comprehensive Plan.. ** The estimated cost of the capacity improvements reflect the Comprehensive Plan EIR estimates, revised in accordance with current rates, as set forth in a report entitled "~ ..... Concul~antc"Estima~ed Cost Of Ca.pacigi._Z__m_provements for Stanford Ee~Agch_p~.k_!E1 Camino Real Service Coraraercial ~_[ Zone~2 Prepared bg Korne Engineering, ~une 2.001 (b) Estimated Development. Approximately one million seven hundred ninety-four thousand gross square feet of new development is estimated to occur under the zoning regulations established for the area. This figure represents the realistic, long-term, maximum development potential of the area, taking into consideration the existing roadway network, the planned capacity improvements and the planned transportation demand management program. 020313 sm 0032532 (c) Calculation of Fee. In order for new nonresidential development in the area to bear proportionately the cost of the identified capacity improvements, suoh new development shall pay a fee of {-we--9__i~__dollars and ~" ~i~e~~ cents per gross square foot of devel~pment, determined by dividing the total estimated cost of four million two hundred eighty-five thousand dollars by the tota! permitted new development of one million seven hundred ninety-four thousand square feet. This fee shall be adjusted annually on July i, 19~n ~ ......i~,,~ ....~ by............... ~ ...........an amount equal to the change in the construction cost index for the preceding year, as determined by the Engineering News Record, the McGraw Hill Construction Weekly. (d)Payment. The fee shall be paid in-full to the city building inspection division prior~ to issuance of the building permit for the development. If no building permit is required for a change of use, the fee shall be paid in full prior to issuance of a certificate of use and occupancy. ie)Special Fund. There is established a special Stanford Research Park!El Camino Real CS Zone Fund into which all fees, and any interest thereon, collected pursuant to this chapter, shall be deposited in a separate capital facilities account in a manner to avoid any commingling of the fees with other revenues and funds, of the city. Upon receipt and entry to the accounting records for the fund, such moneys, shall be considered committed to the designated improvements or alternative improvements in accordance with subsections (f)and (g) hereof. (f) Use of Fund. The moneys in the fund shallbe eligible for expenditure only for the capacity improvementsat the designated intersections, as direct expenditures,or reimbursements if improvements are constructed prior.to deposit of moneys into the fund, or for alternative improvements or alternative intersections that are determined by the chief transportation official, subject to the approval of the city council, to provide adequate feasible alternative mitigation of those impacts addressed in the EIR that are proposed to be mitigated .by the capacity ~mprovements in subsection (a) hereof. In no event shall fund moneys be used for regular road maintenance. The priority for spending moneys in the fund among the eight intersections shall be determined by the chief transportation official. 020313 sm 0032532 (g) Budget Approval. The uses .proposed for expenditure by the moneys in the fund shall be reviewed 9nnually by the city council along with its review of the capital improvement program, and fund moneys shall be appropriated for such expenditure in the manner provided for adoption ..of the annual budget.by the charter of the city. SECTION 3. The changes effected by this ordinance are consistent with the Environmental Impact Report prepared for the 1998-2010 Comprehensive Plan, which was certified by the City Council on July. 20, 1998. Individual projects which may be required to pay the ~ee shall be subject to appropriate environmental review. SECTION 4. This ordinance shall be effective 30 days after the date of its adoption. INTRODUCED: PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk APPROVED AS TO FORM: Mayor APPROVED: Senior Asst. City Attorney City Manager Director of Planning & Community Environment Director of Administrative Services