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CC - CONSENT ITEM: (1) Receipt and Acceptance of the Fiscal Year 2022-2023 Annual Reporting of Development Impact Fees per the State of California Mitigation Fee Act; and (2) Adoption of a Resolution Making the Necessary Five-Year Findings.
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Meeting Date: January 22, 2024
Contact Person/Dept: Michael Towler / Finance Department
Phone Number: (310) 253-5842
Fiscal Impact: Yes [ ] No [X] General Fund: Yes [ ] No [X]
Attachments: Yes [X] No []
Public Notification: (E-Mail) Meetings and Agendas - City Council (01/17/2024)
Department Approval: Lisa Soghor, Chief Financial Officer (01/09/2024)
RECOMMENDATION
Staff recommends the City Council (1) receive and accept the Fiscal Year 2022-2023 Annual Reporting of Development Impact Fees per the State of California Mitigation Fee Act; and (2) adopt the proposed resolution making the necessary five-year findings for the New Development Impact Fee, Art in Public Places Program In-Lieu Fee, and the Residential Development Park Dedication In-Lieu Fee.
BACKGROUND
In 1987, the California State Legislature adopted AB1600, codified as California Government Code Sections 66000-66025 ("Mitigation Fee Act"), which sets certain legal and procedural parameters for the charging of development impact fees. This legislation went into effect January 1, 1989. A development fee is a monetary exaction, other than a tax or special assessment, that an applicant of an approved development project pays to defray a portion of all the cost of public facilities related to the project. The Mitigation Fee Act defines public facilities broadly to include public improvements, public services, and community amenities. Under the Mitigation Fee Act, local agencies that impose mitigation fees are required to prepare an annual Development Impact Fee Report as well as make certain findings every five years.
Culver City collects City Council authorized fees from developments to mitigate increased demands on public improvements, public s...
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