DATE: June 7, 2022
TO: Mayor and City Council
FROM: Director of Public Works
SUBJECT
Title
Adopt a Resolution Adopting the Traffic Impact Fee, Setting Initial Fee Rates for FY23, and Amending the FY23 Master Fee Schedule
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RECOMMENDATION
Recommendation
That Council adopts a resolution (Attachment II) adopting the Traffic Impact Fee (TIF) at the maximum allowable amount, setting the initial FY23 TIF rates, and amending the FY23 Master Fee Schedule to include the TIF and associated administrative appeal fee.
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SUMMARY
On May 17, 2022, Council adopted the Multimodal Improvement Plan and TIF Nexus Study (Nexus Study) in support of the proposed TIF. Council also introduced an ordinance amending the Hayward Municipal Code to add Article 30 to Chapter 10 of the Code. The ordinance would become effective 30 days after adoption by Council. The ordinance provides the implementing provisions for administration of the TIF program. This item involves formal action by Council to adopt the TIF at the maximum allowable amounts, setting the initial FY23 TIF rates, and amending the FY23 Master Fee Schedule to include the initial TIF rates and the administrative appeal fee contained in the TIF ordinance.
ATTACHMENTS
Attachment I Staff Report
Attachment II Resolution