Presentation Development Impact Fee CC Adoption May 26th1
Development Impact Fees Implementing Ordinance No. 949 and Resolution 2015-07
City of Rosemead
May 26, 2015
Purpose of Impact Fees
The primary policy objective of Rosemead’s DIF program is to ensure that new development pays the capital costs associated with growth.
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What Are Impact Fees?
Development Impact Fees are:
One-time fees charged to new development
Fee represents new development’s fair share of infrastructure and facility needs
May be used to fund facilities needed to serve new development
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What Are Impact Fees?
Development Impact Fees are:
Not charged to existing businesses or residents
Not for operations and maintenance costs
Not for the share of facilities serving existing development
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Rosemead Impact Fee Study
Analysis of Impact Fees that may be charged through the year 2025
Traffic Facilities $1,162,500
Public Safety Facilities $97,000
General Government Facilities $673,000
Park Facilities $3.2 million
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Maximum Justified Fees
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CC Resolution 2015-07 Development Impact Fees
City of Rosemead
May 26, 2015
Growth Projections
Fee Resolution Proposal
Three Year Phase-In
SINGLE-USE ZONES
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Growth Projections
Fee Resolution Proposal
Three Year Phase-In
MIXED-USE ZONES
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Ordinance 949
Development Impact Fees
City of Rosemead
May 26, 2015
Fee is calculated upon project submittal into building plan check
Fee is due prior to the issuance of certificate of occupancy
Fee is charged to net new development
Secondary Residential Units would be charged the Multi-Family Rate
Implementing the DIF Program
Ordinance No. 949
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Exemptions
Places of worship,
Day care centers,
Private K-12 schools,
Square footage used for outdoor dining in the public right-of-way, and
Affordable housing units (very-low income and low income)
Implementing the DIF Program
Ordinance No. 949
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City Survey Comparison
Development Impact Fees
City of Rosemead
May 26, 2015
SGV City Comparison
Prototypical Development Projects
Single-Family Detached Residential Unit
(2,400 square feet of floor area)
Multi-Family Attached Residential
(20 units totaling 29,000 square feet of floor area)
Retail (50,000 square feet of floor area)
Office (50,000 square feet of floor area)
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Survey Findings
DIFs are charged on the basis of a variety of different factors
Great range, by city, in terms of the types of impact fees charged to developers.
Cities use all sorts of other funding sources to pay for capital projects.
Cities with lower impact fees are charging special taxes to fund capital improvement projects which Rosemead doesn’t charge.
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Survey Findings
Alhambra
Park DIF
Public Art Fee
Utility User Tax
Assessment District Fees
Business License Tax
El Monte
Park DIF
Traffic DIF
Utility User Fee
Measure GG – Sales Tax 9.5% (50¢ per receipt)
Monterey Park
Park DIF
Public Safety DIF
Utility User Tax
Lighting and Landscape District Fees
Business Improvement Tax
Temple City
Park DIF
Sewer Reconstruction DIF
Utility User Fee
San Gabriel
Police, Fire, Park, Traffic, and Sewer DIFs
Arcadia
Park DIF
Traffic DIF
Utility User Fees
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SGV City Comparison
Single-Family Prototype
Average: $5,505
Rosemead Proposed Fee: $8,082 per unit
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SGV City Comparison
Multi-Family Prototype
Average: $86,235
Rosemead Proposed Fee: $6,516 (Multi-Family Prototype: $130,320)
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SGV City Comparison
Retail Prototype
Average: $410,000
Rosemead Proposed Fee: $1,365 per 1,000 SF (Retail Prototype: $68,250 )
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SGV City Comparison
Office Prototype
Average: $210,643
Rosemead Proposed Fee: $1,997 per 1,000 SF (Office Prototype: $99,850 )
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SGV City Comparison
Industrial Prototype
Average: $1,349,197.50
Rosemead Proposed Fee: $1,250 per 1,000 SF (Industrial Prototype: $375,000 )
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Questions & Answers
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