Title
CONSIDERATION OF ADOPTION OF AN ORDINANCE AMENDING ORDINANCE NO. 3064 RELATING TO THE PEDESTRIAN BRIDGE DEVELOPMENT IMPACT FEE PROGRAM FOR OTAY RANCH VILLAGES ONE, TWO, FIVE AND SIX
A. RESOLUTION NO. 2015-288 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING A REPORT PREPARED BY DEVELOPMENT PLANNING AND FINANCING GROUP RECOMMENDING AN UPDATE OF THE EXISTING PEDESTRIAN BRIDGE DEVELOPMENT IMPACT FEE FOR OTAY RANCH VILLAGES ONE, TWO, FIVE, AND SIX AND AMENDING CHAPTER 16 (DEVELOPMENT AND IN-LIEU FEES) OF THE CITY'S MASTER FEE SCHEDULE
B. ORDINANCE OF THE CITY OF CHULA VISTA AMENDING ORDINANCE NO. 3064 RELATING TO A PEDESTRIAN BRIDGE DEVELOPMENT IMPACT FEE FOR OTAY RANCH VILLAGES ONE, TWO, FIVE, AND SIX RELATING TO THE ANNUAL REVIEW AND ADJUSTMENT OF FEES (FIRST READING)
Body
RECOMMENDED ACTION
Recommended Action
Council conduct the public hearing, adopt the resolution and place the ordinance on first reading.
Body
SUMMARY
The City Council established the original Otay Ranch Pedestrian Bridge Development Impact Fee (Pedestrian Bridge DIF) on January 5, 1999 by Ordinance 2767. The original Pedestrian Bridge DIF was set up to fund the construction of the pedestrian bridges between Villages One and Five. On January 7, 2003, by Ordinance No. 2892, the City Council amended the original Pedestrian Bridge DIF to include Otay Ranch Village Six and its fair share of the costs for the bridge improvements. On February 20, 2007, by Ordinance No. 3064, the City Council amended the Pedestrian Bridge DIF to include Otay Ranch Village Two and its fair share of the costs for the bridge improvements.
Tonight, Council will consider the adoption of an update to the Pedestrian Bridge DIF to account for the recent increase in units for Otay Ranch Village Two. The fee, payable at issuance of a building permit, will decrease from $1,114 to $843 for single family dwelling unit and from $826 to $625 for multifamily dwelling units. This will be the t...
Click here for full text