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The purpose of this staff report is to present the annual adjustment to the
Development Impact Fees in accordance with the current Construction Cost Index
as required by Ordinance 3340.
ANALYSIS:
Ordinance No. 3340 establishes procedures for adoption of certain Development
Fees in compliance with the provisions of Government Code Section 66000 through
60017, which enables the City to adopt such fees. The ordinance mandates the
adjustment of these fees by a percentage equal to the construction cost
inflation rate for the prior year as determined on December 1 of each calendar
year. The Development Impact Fees are adjusted using the Construction Cost
Index as published in the Engineering News-Record. This year the increase in
construction costs is 4.3%, based on the latest data available by the
Engineering News-Record in November 2005. The Council is authorized to further
adjust this increase. Based on a 4.3% increase, the adjustments to the
Development Impact Fees are:
|
2006 DEVELOPMENT
IMPACT FEES |
|
4.3% |
Construction Cost Index
Increase |
|
|
|
|
|
|
|
|
|
|
|
|
Transportation Fee |
|
2005 Fee |
|
|
2006 Fee |
|
|
|
|
|
|
|
|
|
|
Non-Residential |
|
|
|
|
|
|
|
|
0 to 40,000 gfa |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
40,000 to 100,000 gfa |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
100,000 to 500,000 gfa |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
Over 500,000 gfa |
|
$4.10 |
per square foot |
|
|
$4.28 |
per square foot |
|
|
|
|
|
|
|
|
|
|
Medical Office |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
|
|
|
|
Retail gfa |
|
0 to 26,000 gfa |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
26,000 to 40,000 gfa |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
40,000 to 250,000 gfa |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
Over 250,000 gfa |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
|
|
|
|
|
|
|
|
|
Manufacturing |
|
$2.74 |
per square foot |
|
|
$2.86 |
per square foot |
|
|
|
|
|
|
|
|
|
|
Warehouse |
|
$2.71 |
per square foot |
|
|
$2.83 |
per square foot |
|
|
|
|
|
|
|
|
|
|
Institutional |
|
$5.01 |
per square foot |
|
|
$5.23 |
per square foot |
|
|
|
|
|
|
|
|
|
|
Studio Uses |
|
|
|
|
|
|
|
|
Office |
|
$4.28 |
per square foot |
|
|
$4.46 |
per square foot |
|
Technical |
|
$2.87 |
per square foot |
|
|
$2.99 |
per square foot |
|
Stage |
|
$1.42 |
per square foot |
|
|
$1.48 |
per square foot |
|
|
|
|
|
|
|
|
|
|
Residential |
|
Not Applicable |
|
|
Not Applicable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Community Facilities Fee |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-Residential |
|
|
|
|
|
|
|
|
Office |
|
$1.29 |
per square foot |
|
|
$1.35 |
per square foot |
|
Retail |
|
$0.66 |
per square foot |
|
|
$0.69 |
per square foot |
|
Industrial |
|
$0.61 |
| |