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Home My WebLink About2025-01-14 - AGENDA REPORTS - ANNUAL IMPACT FEE RPTO Agenda Item: 9 CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR CITY MANAGER APPROVAL: Li ' DATE: January 14, 2025 SUBJECT: ANNUAL IMPACT FEE REPORT DEPARTMENT: Administrative Services PRESENTER: Brittany Houston RECOMMENDED ACTION City Council adopt a resolution accepting and adopting the Annual Impact Fee Report. BACKGROUND The Mitigation Fee Act, as outlined in California Government Code Sections 66000 et seq., establishes certain legal and procedural parameters for the charging of development impact fees. These fees are charged to new development projects and are required to be used only for those purposes for which the fees were collected. The Mitigation Fee Act imposes certain accounting and reporting requirements for the fees collected. The fees must be deposited in a special account or fund to avoid commingling the fees with other funds and must earn interest. Fees are collected pursuant to various City resolutions, ordinances, conditions of approval, or other specific agreements. The Mitigation Fee Act requires local agencies to prepare an annual report and a five-year report that provide specific information about those fees. The City has elected to report on both requirements annually. The annual and five-year report information as of June 30, 2024, is contained within the report. ALTERNATIVE ACTION Other actions as determined by the City Council. FISCAL IMPACT There is no fiscal impact. Page 1 Packet Pg. 56 O ATTACHMENTS Resolution Page 2 Packet Pg. 57 9.a RESOLUTION NO.25- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA ACCEPTING AND ADOPTING THE ANNUAL IMPACT FEE REPORT PURSUANT TO GOVERNMENT CODE SECTION 66000 ET SEQ. WHEREAS, the City of Santa Clarita (City) imposes development fees that are subject to the Mitigation Fee Act (Government Code Section 66000 et seq.), collectively Impact Fees; and WHEREAS, pursuant to Government Code Sections 66006 and 66013, the City is required to prepare an annual report regarding the collection and use of the Impact Fees within 180 days after the close of each fiscal year; and WHEREAS, pursuant to Government Code Section 66001, the City is required to make findings with respect to any unexpended Impact Fee funds every fifth fiscal year following the first deposit into the Impact Fee accounts; and WHEREAS, staff has prepared the City of Santa Clarita Annual and Five -Year Impact Fee Report also known as the Assembly Bill (AB) 1600 Report (Exhibit A), and incorporated by reference; and WHEREAS, the AB 1600 Report satisfies the reporting requirements stated in Government Code sections 66001, 66006, and 66013; and WHEREAS, notice was provided to the extent required by Government Code section 66006; and WHEREAS, notice of the time and place of the meeting, including the address where the report could be reviewed, was mailed, at least fifteen (15) days prior to the next regularly scheduled public meeting, to any interested party who requested it. The report has been available for public review at the City Clerk's office and on the City's website since December 27, 2024. NOW THEREFORE, the City Council of the City of Santa Clarita, California, does hereby resolve as follows: SECTION 1. In accordance with Government Code Section 66000 et seq., the City has conducted an annual and five-year review of its Impact Fees and capital infrastructure programs and the Council has reviewed the Annual Impact Fee Report for the Fiscal Year 2023-24, attached hereto as (Exhibit A), which is hereby accepted and adopted as the report required pursuant to Government Code sections 66001, 66006, and 66013. SECTION 2. The funds have been and shall be used for the purposes stated and are necessary to mitigate impacts resulting from development in the City and there is a reasonable Page 1 of 2 Packet Pg. 58 9.a relationship between the use of the fees and the type of development project upon which the fee is imposed. SECTION 3. The City Clerk shall certify to the adoption of this resolution. PASSED, APPROVED, AND ADOPTED this 14th day of January 2025. MAYOR ATTEST: CITY CLERK DATE: STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARITA ) I, Mary Cusick, City Clerk of the City of Santa Clarita, do hereby certify that the foregoing Resolution No. 25- _ was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof, held on the 10 day of January 2025, by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: CITY CLERK Page 2 of 2 Packet Pg. 59 9.a City of SANT'A CLARITA 9.a Introduction and Background The Mitigation Fee Act, as outlined in California Government Code Sections 66000 et seq., establishes certain legal and procedural parameters for the charging of development impact fees. These fees are charged to new development projects and are required to be used only for those purposes for which the fees were collected. Requirements for Development Impact Fee Reporting The Mitigation Fee Act imposes certain accounting and reporting requirements for the fees collected. The fees must be deposited in a special account or fund to avoid commingling the fees with other funds and must earn interest. Fees are collected pursuant to various City resolutions, ordinances, conditions of approval, or other specific agreements. The amount of the City's impact fees are included in the current adopted fee schedule and can be viewed on the City's website: https://santaclarita.gov/city-fees/. The Mitigation Fee Act requires local agencies to prepare an annual report and a five-year report that provide specific information about those fees. The City has elected to report on both requirements annually. The report is prepared for the fiscal year ending June 30 and is received and filed within 180 days of fiscal year end. Annual Report California Government Code Section 66006 (b) requires local agencies prepare an annual report with specific information about development impact fees. Specifically, the section requires the annual report include: • 66006 (b) (1) (A): A brief description of the type of fee in the account or fund. • 66006 (b) (1) (B): The amount of the fees. • 66006 (b) (1) (C): The beginning (July 1) and ending (June 30) balance of a particular impact fee fund. • 66006 (b) (1) (D): The amount of the fees collected and interest earned. • 66006 (b) (1) (E): An identification of each public improvement upon which fees were expended and the amount of expenditures on each improvement including the total percentage of the cost of the public improvement that was funded with fees. • 66006 (b) (1) (F): An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines sufficient funds have been collected to complete financing on an incomplete public improvement. • 66006 (b) (1) (G): A description of each interfund transfer or loan made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended; and, in the case of an interfund loan, the terms of the loan, including the repayment schedule for the loan, and the rate of interest that the account or fund will receive on the loan. • 66006 (b) (1) (H): The amount of refunds made due to sufficient funds being collected to complete financing of scheduled public improvements. Page 1 Packet Pg. 61 9.a Five -Year Report California Government Code Section 66006 (d) (1) requires local agencies make the following findings every fifth year for unexpended funds: • 66001 (d) (1) (A): Identify the purpose to which the fee is to be put. • 66001 (d) (1) (B): Demonstrate a reasonable relationship between the fee and purpose for which it is charged. • 66001 (d) (1) (C): Identify all sources and amounts of funding anticipated to complete financing in incomplete improvements. • 66001 (d) (1) (D): Designate the approximate dates on which the funding is expected to be deposited into the appropriate account or fund. The annual report and five-year report information is contained within the report's exhibits. Current and unfunded projects, including all funding sources and approximate dates of funding, can be found in the City's Capital Improvement Program Budget on the City's website: httt)s://santaclarita. izov/city-budizet/. Page 2 Packet Pg. 62 Exhibit A City of Santa Clarita Annual Impact Fee Report July 1, 2023 June 30, 2024 I Estimated % of Fee Name & Description Beginning fund Revenue Expenditure Interest Income Ending Fund I Project No. Est. Start Est. End Estimated Project project funded with Balance Balance Date Date I cost fees Fire Facilities Fee $ 349,614 S 3,755,496 $ (4,165,830) $ 60,720 $ 0 For the construction and equipping of fire protection facilities. Fire Station 204 $ 349,614 $ 3,755,496 $ (4,165,830) $ 60,720 $ 0 6/30/2021 Ongoing $ 14,438,698 100% Law Enforcement Facilities Fee $ 306,874 $ 499,034 $ (771S36) $ 19,514 $ 53,886 For the construction of law enforcement facility and purchase of equipment. SCV SherlfP6 Station $ 306,874 $ 499,034 $ (771,536) $ 19,514 $ 53,886 F3023402 5/24/2016 Ongoing $ 68,956,380 6% Library Facilities and Technology Fee $ 4,274,301 $ 775,228 $ (1,544,8661 $ 196,226 $ 3,700,879 Ongoing Ongoing Ongoing 100% To provide additional funds necessary for public library facilities and technology required to accommodate the Iibrary needs generated by new residential development. Transit Facilities Fee $ 40DA77 $ 70,015 $ 110111") $ 327 $ 369,676 For investment in transportation modes to maintain transportation services Vista Canyon Metrolknk Station $ 101,244 $ - $ (101,144) $ - Purchase of Bus Expansion for GOI Santa Clarke $ 299,333 $ 70,015 $ - $ 327 $ 369,676 FY 25-26 FY 26-27 $ 865,200 43% Parking in Lieu Fee - Old Town Newhall Parking Structure $ 91,945 $ $ (96,053) $ 4,108 S For public parking structure in Old Town Newhall. Oak Tree Preservation Fee $ 148,446 $ 750 $ (49,294) $ 73 $ 99,975 To protect and preserve oak trees in the City and to provide regulatory measures designed to accomplish this purpose. $ - $ - CBywide Oak Tree Maintenance $ 89,956 $ - $ - $ 44 $ 90,000 FY 24-25 FY 25-26 $ 90,000 100% Oak Tree Preservation $ 58,490 $ 750 $ (49,294) $ 29 $ 9,975 Ongoing Ongoing $ 9,975 100% Sewer Facilities Fee $ 787AN $ - $ - S 550 $ 787,982 For the cost of sewer infrastructure upgrades to mitigate the impact of new sewer connections. Bouquet Canyon Road Sewer Trunk Une $ 348,244 $ - $ - $ 243 $ 348,487 Ongoing Ongoing $ 348,487 100% Soledad Canyon Road Sewer Trunk Une $ 158,500 $ - $ - $ 111 $ 158,611 Ongoing Ongoing $ 158,611 100% Walnut Street Sewer Trunk Une $ 104,910 $ - $ - $ 73 $ 104,983 Ongoing Ongoing $ 104,983 100% Orchard Village Sewer Trunk Une _ $ 175,778 $ - $ - $ 123 $ 175,900 Ongoing Ongoing $ 175,900 100% Site Improvements Facilities Fee S 5111141510 $ $ $ 26,309 $ 608A59 To provide for Improvements on specific site locations. Utility Undergrounding $ 211,684 $ - $ - $ 9,567 $ 221,251 Ongoing Ongoing $ 16,763,736 •Soleciad Canyon $ 208,360 S - $ $ 9,417 $ 217,777 Ongoing Ongoing $ 16,500,000 2% • Kansas Street $ 3,324 $ - $ - $ 150 $ 3,474 Ongoing Ongoing $ 263,736 100% Park Improvements $ 245,17S $ $ $ 11,080 $ 256,255 Ongoing Ongoing $ 256,255 100% Needham Ranch Trail $ 125,291 $ $ $ 5,662 $ 130,953 T3026431 7/1/2020 Ongoing Ongoing Ongoing Street Infrastructure Facilities Fee $ S54,575 $ $ (281,904) $ 24,9s3 $ 297,623 Bridge Widening Copper Hill Drive $ 408,352 $ - $ (211,703) $ 18,374 $ 215,023 S10SO432 9/1/2020 5/30/2025 $ 4,000,000 100% This project will provide for design peer review and construction oversight of the developer funded/constructed project to widen the Copper HIII Drive bridge over San Francisquito Creek. The project will widen the bridge to include three lanes in each direction, median, barrier separated sidewalk and bicycle facilities, and associated improvements on the roadway approaches. Vista Canyon Road Bridge - Design & Construction $ 246,223 $ - $ (70,202) $ 6,S79 $ 82,600 S3037432 7/1/2024 6/30/2026 $ 37,057,943 1% This project will provide for the design and construction of the Vista Canyon Bridge over the Santa Clara River to connect Soledad Canyon Road to the Vista Canyon development. It will provide road improvements on Soledad Canyon Road and Lost Canyon Road that would access the Vista Canyon Multi - Modal Transit Center, which includes the Vista Canyon Metrolink Station and the Bus Transfer Station. W Iv Attachment: Resolution [Revision 2] (ANNUAL IMPACT FEE REPORT (MITIGATION FEE ACT)) Exhibit A City of Santa Clarita Annual Impact Fee Report July 1, 2023 June 30, 2024 EstStart Est End Estimated Project Estimated % of Fee Name & Description Beginning Fund Revenue Expenditure Interest Income Ending Fund Project No. project funded with Balance � Date Date Cost fees Sidewalk Infrastructure Facilities Fee $ 28,627 $ - $ - $ 1,294 $ 29,921 111410152 Fy 24-25 Ongoing $ 600,000 5% To provide for the annual concrete rehabilitation program. Medians Facilities Fee $ 686,885 $ $ $ 32,656 $ 719,541 Ctrcul -I Improvements of Valley Center Drive $ 225,887 $ $ 10,739 $ 236,626 CDO72434 1/3/2023 12/31/2025 S 3,415,000 7% This project provides for the construction of traffic circulation improvements which include median revisions, re -striping, landscape and irrigation, and traffic signal modifications. Sierra Nkhway Medians $ 460,998 $ $ $ 21,917 S 482,915 2029-30 2032-33 $ 482,915 100% For landscaping and irrigation of the medians on Sierra Highway along the frontpage of the development site. Traffic Signal Timing Facilities Fee $ 17,044 $ S $ 12 $ 17,056 To provide for traffic signal timing update as a result of significant changes in vehicular volumes and/or travel patterns due to development. Newhall Avenue Corridor $ 1,699 $ $ $ 1 $ 1,700 2024-25 2027-28 $ 2,700 100% SoledadCanyon Corridor $ 4,763 $ $ $ 3 $ 4,766 2024-25 2029-30 $ 4,766 100% Railroad Avenue Corridor $ 5,128 $ - $ - $ 4 $ 5,132 2024-25 2027-28 $ 5,132 100% Bouquet Canyon Corridor $ 5,454 $ $ $ 4 $ 5,458 2024-25 2029-30 $ 5,458 100% Major Bridge and Thoroughfare Fees (B&T) $ 8,154,170 $ 6,330,414 $ (2,634,582) $ 2,739,200 $ 14,589,203 To provide for road and bridge infrastructure benefitting the specific district areas. Bouquet Canyon B&T $ 4,032,299 $ 40,460 $ (109,510) $ 233,317 $ 4,196,566 Ongoing Ongoing Ongoing Eastside B&T $ (12,463,449) $ 916,162 $ (735,471) S 1,608,860 S 110,673,898) Ongoing Ongoing Ongoing Via Princessa • Isabella Parkway to Golden Valley Rd. $ - S - 2024-25 2026-27 $ 75,000,000 22% Via Princessa B&T $ 5,948,209 $ 1,266,480 $ (150,523) $ 286,219 $ 7,350,385 Ongoing Ongoing Ongoing Dockweiler Drive Extension $ - $ - 2024-25 2025-26 $ 62,933,215 43% Valencia B&T $ 10,637,112 $ 4,107,312 $ (1,639,077) $ 610,804 $ 13,716,150 Ongoing Ongoing Ongoing Interfund Transfer or Loans No Interfund transfers or loans were made between impact fee accounts in FY 23/24. Attachment: Resolution [Revision 2] (ANNUAL IMPACT FEE REPORT (MITIGATION FEE ACT)) 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Fire Facilities Fee Program Planned Expenditures and Changes in Fund Balance In Accordance with the City of Santa Clarita's Agreement with Los Angeles County to be part of the Consolidated Fire Protection District (Fire District), the City was required to adopt the Developer Fee Detailed Fire Station Plan. Fire District developer fees finance the construction of new/replacement fire stations and related fire protection improvements within the City. The fee is typically updated annually. The Fire District developer fee is charged on new residential buildings, new detached residential accessory structures, new commercial buildings, and residential or commercial additions over 2,000 square feet. The fee is collected at the time of building permit issuance. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on fire safety facilities and service measured by the square footage of the development. The Fire Facilities Mitigation Fee has a balance of $0. Pursuant to the Developer Fee Agreement (Agreement) No. 66785, citing the approval of the Board of Supervisors for the development of seven (7) fire stations to become operational in the Santa Clarita Valley, the City entered into a mutual agreement to reimburse the Fire District the proportional costs for developing new fire stations and purchasing apparatus with the intent to provide jurisdictional coverage within the City's boundary. As a condition of the agreed terms, the City is expected to reimburse the Fire District one hundred percent (100%) of the total development costs of Fire Station 104 to include and not limited to the apparatus purchase price, outfitting and communication costs, and all applicable firefighting and EMS equipment. The City is permitted to retain a 5% admin fee for its collecting and transmitting of funds to LA County. The fee is calculated in proportion to the developer's impact of $1.6176 per square foot beginning July 1, 2024 as approved by City Council on May 14, 2024. It is consistent with the fees adopted by the Los Angeles County Board of Supervisors on January 30, 2024. Fees collected will be used to reimburse the Fire District for Fire Station 104 and future fire facilities when identified. The estimated timing of reimbursement and cost of the project are shown below. The balance of the project cost will be fully funded with the Fire Facilities Mitigation Fee revenue. % Funded with Amount Funded Project Estimated Start Total Project the Impact Fee with Impact Fee Name Date Cost Revenue Revenue Construction Fire Station No. 104 Complete and $14,438,698 Payments Ongoing Upcoming Fire Stations As determined by LA County Fire Reimbursement in Previously Paid $11,985,747 progress to 100% Future Fiscal Years $2,452,951 City cost share up to 100% Page 3 of 14 Packet Pg. 65 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Law Enforcement Facilities Fee Program Planned Expenditures and Changes in Fund Balance The purpose of the Law Enforcement Facilities Fee is to ensure new development pays its fair share for the capital costs associated with expanding and/or building law enforcement facilities to accommodate the growth in service population. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on law enforcement facilities and service measured by the square footage of the development. The Law Enforcement Facilities Fee has a balance of $53,886 and is intended to be utilized to fulfill law enforcement public facility needs. As per the City's Schedule of Fees and Charges, Resolution 23-32, the amount of the fees established shall be reviewed annually by the City Council, in consultation with the Sheriff. Each year, the law enforcement facilities fee shall be adjusted based on the Consumer Price Index (CPI) as determined by the City Council. Construction of the new Santa Clarita Valley Sheriffs Station cost $68,956,380. The Law Enforcement Facilities Fee has contributed 6% to the project. The remaining balance of the project costs was funded with other revenue sources. Project Name Estimated Start Date % Funded with Total Project the Facilities Fee Cost Revenue Amount Funded with Facilities Fee Revenue Other Funding Sources City Bond Proceeds, Facilities Fund, Construction Eastside B&T, Santa Clarita Valley Completed and $68,956,380 6% $3,932,178 Federal and State Sheriff's Station Payments Drug Forfeiture Ongoing Funds, AQMD, Los Angeles County Contribution Reimbursement in progress up to 100% N C 0 2 m a c 0 r 0 0 v, m a r c m E M U m r r Q Page 4 of 14 1 Packet Pg. 66 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Public Library Facilities and Technology Fee Program Planned Expenditures and Changes in Fund Balance The Library Facilities and Technology Mitigation fee will provide the additional funds necessary to provide the public library facilities required to accommodate the library needs generated by new residential developments. -There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on public library and community amenities and service measured by the square footage of the development. Library Facilities include public library improvements and public library services and community amenities, the need for which is directly or indirectly generated by a residential development project, including but not limited to acquiring, through constructing, altering, repairing, augmenting, equipping and furnishing real property, buildings, equipment, materials and other facilities for the conduct of public library services and programs; providing collection development and maintenance, including acquiring books, magazines, newspapers, audio- visual, electronic media, and other informational materials; and all other auxiliary work which may be required to carryout that work, such as administrative, engineering, architectural and legal work performed in connection with establishing, implementing and monitoring such projects, indirect costs, and other incidental expenses of providing those library facilities, or all or any combination thereof. (Ordinance No. 99-7-10/26/1999) The Library Facilities and Technology Mitigation Fee has a balance of $3,700,879 and is intended to fund public library improvements and public library services and community amenities. The amount of fee is calculated in proportion to the residential living unit, as per the City's Schedule of Fees and Charges, Resolution 23-32. The amount of the fee is reviewed and adopted annually by the City Council. Project Estimated Start Name Date % Funded with Amount Funded Total Project the Impact Fee with Impact Fee Cost Revenue Revenue Other Funding Sources Library Facilities and Ongoing 3,700,879 100% $3,700,879 Library Funds Technology Projects Page 5 of 14 1 Packet Pg. 67 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Transit Facilities Fee Program Planned Expenditures and Changes in Fund Balance The Transit Facilities Mitigation Fee will provide the funds necessary to provide transit facilities required to accommodate transit needs generated by new residential developments. The facilities include buses, vans, a bus yard, construction of bus pads and bus turn -outs, and commuter rail stations and facilities. (Resolution No. 91-154, 10/08/1991). There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on transit facilities measured by the square footage of the development. The Transit Facilities Mitigation Fee has a balance of $369,676, which will be used to purchase bus replacement in FY 25-26. The amount of fee is calculated in proportion to the residential living unit, as per the City's Schedule of Fees and Charges, Resolution 23-32. The amount of the fee is reviewed and adopted annually by the City Council. The estimated timing and cost of the projects are shown below. The balance of these projects are expected to be funded with the impact fee revenues as well as grants and other revenues as needed. Project Name Purchase of Bus Expansion for GO! Santa Clarita % Funded with Amount Funded Other Estimated Start Total Project the Impact Fee with Impact Fee Funding Date Cost Revenue Revenue Sources Federal Grant, Municipal FY 25-26 $ 865,200 43% $369,676 Operators Service Improvement Program, Clean Fuel and Metro Grant Page 6 of 14 1 Packet Pg. 68 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Parking in Lieu Fee Program Planned Expenditures and Changes in Fund Balance The Parking in Lieu Fee implements the goals and policies of the Old Town Newhall Specific Plan, which is the guiding land use and vision document for the development and redevelopment of Main Street and the Old Town Newhall area. The Parking in Lieu Fee will mitigate adverse impacts to the business community due to inadequate parking by establishing a funding source to pay for parking facilities within the Old Town Newhall Specific Plan area. The Parking in Lieu Fee has a balance of $0. Any balance in this fund will be used to finance the creation or expansion of public parking through the purchase of property and the construction of new facilities. The Parking in Lieu Fee may be used to fund debt service and signage that identifies the location of parking within the business district. The fee is calculated per parking space for new construction or expanded square -footage. The fee is reviewed on a regular basis, no less than every five (5) years from the date of the first deposit into the parking in lieu fee fund. The fee per parking stall is $5,855.10. The fee may be adjusted periodically to account for known cost conditions. (Ordinance 17-16, 12/12/17) Old Town Newhall Parking is evaluated on an ongoing basis and will be constructed when needed. Municipal Code 17.51.10, subdivision G states payment of the fee does not represent an obligation of the City to make available parking spaces within any particular amount of time. (Ord. 17-16§ 1, 12/12/17) Page 7 of 14 1 Packet Pg. 69 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Oak Tree Preservation Fee Planned Expenditures and Changes in Fund Balance The purpose of the City's Oak Tree Preservation Ordinance is to protect and preserve oak trees in the City and to provide regulatory measures designed to accomplish the purpose. The regulatory measures include: No person shall cut, prune, remove, relocate, endanger, damage or encroach into the protected zone of any oak tree on any public or private property within the city except in accordance with the conditions of a valid oak tree permit issued by the City. Any person or applicant shall be required to furnish all necessary requirements as determined by the City's Department Director, in conjunction with the City's oak tree arborist as necessary, for evaluation and to monitor strict compliance to this policy. (Ordinance No. 89-10) The Oak Tree Preservation Fee has a balance of $99,975. The collected fees shall be utilized to further the preservation and regeneration of oak trees, the identification and official designation of heritage oaks, the purchase, monitoring and ongoing maintenance of oak trees, landscaping and other habitat refurbishment, and for educational and informational programs related to oak trees and their preservation. As an alternative to the payment of all or a portion of the fees described above, an applicant may also be credited with the value of any accepted dedications of property within the City which are suitable for the planting and survival of oak trees. Fees imposed under this section may be reduced as mitigated by specific circumstances and corrective measures undetected by the property owner. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the impact the development will have on the preservation and maintenance of oak trees. The fee is reviewed annually and is included in the City's Schedule of Fees and Charges. (Resolution 23-32) The estimated timing and cost of the Oak Tree Preservation is shown below. The entire costs of the Oak Tree Preservation projects are expected to be funded with the Oak Tree Preservation Fee revenue. % Funded with Amount Funded Project Estimated Start Total Project the Impact Fee with Impact Fee Name Date Cost Revenue Revenue Citywide Oak Tree Maintenance 2024-25 $90,000 100% $90,000 Oak Tree Preservation Projects Ongoing $9,975 100% $9,975 Evaluation Page 8 of 14 1 Packet Pg. 70 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Site Improvements Facilities Fee Program Planned Expenditures and Changes in Fund Balance At permit issuance or other grants of approval, the developer agrees to develop the property in accordance with City codes and other appropriate ordinances such as, Building code, Plumbing Code, Grading Code, Highway Permit Ordinance, Mechanical Code, Unified Development Code, Undergrounding of Utilities Ordinance, Sanitary Sewer and Industrial Waste Ordinance, Electrical Code, and Fire Code. The developer also agrees to various conditions of approval for various community improvements. Prior to the issuance of building permits, building final, or in accordance with the approved conditions of approval, the developer pays to the City their contribution towards their fair share of the costs. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on utility and community facilities measured by the square footage of the development.. As of June 30, 2024, there is a $608,459 balance in the Site Improvement Fee account. The City is utilizing the balance for the following site improvement projects: Utility Undergrounding: - Soledad Canyon: To underground utilities in a two-mile section of Soledad Canyon Road between Bouquet Canyon Road and Valley Center Drive. - Kansas Street : To underground new and existing power lines and overhead cables less than 34 KV within or fronting the project site along Kansas Street between Lyons Avenue and Oak Street. Park Improvements: Per Conditions of Approval, fees were collected as a City Council condition and the funds are to be used as determined by the City Needham Ranch Trail: Developer contributions to be used to connect and refurbish the surrounding trail systems into a single, connected trail system The estimated timing and cost of the projects are shown below. The project is expected to be funded with site improvement revenues as well as with Open Space Preservation District (OSPD), Facilities and General Fund. Project Name Estimated Start Date Total Project Cost % Funded with the Impact Fee Revenue Amount Funded with Impact Fee Revenue Other Funding Sources Utility Undergrounding Ongoing Evaluation Soledad Canyon To be Completed with Larger $16,500,000 2% $300,000 Facilities Fund Segment. Ongoing Evaluation Kansas Street To be Completed with Larger $263,736 100% $263,736 Segment. Park Improvements Ongoing Evaluation $256,255 100% $256,255 Needham Ranch Trail Ongoing Evaluation Ongoing Ongoing $130,953 General Fund, Evaluation Evaluation OSPD Page 9 of 14 1 Packet Pg. 71 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Street Infrastructure Facilities Fee Program Planned Expenditures and Changes in Fund Balance The purpose of the Street infrastructure Fee is to mitigate adverse impacts due to the inadequacy of public roads and thoroughfares within the community that might otherwise occur due to new residential development. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on public roads and thoroughfares measured by the square footage of the development. The Street Infrastructure Fee has a balance of $297,623. The City anticipates utilizing this balance for the following projects: - Bridge Widening Copper Hill Drive This project will provide for design peer review and construction oversight of the developer funded/constructed project to widen the Copper Hill Drive bridge over San Francisquito Creek. The project will widen the bridge to include three lanes in each direction, median, barrier separated sidewalk and bicycle facilities, and associated improvements on the roadway approaches. - Vista Canyon Road Bridge - Design This project will provide a bridge over the Santa Clara River and street improvements on Soledad Canyon Road at Lost Canyon and within limits of Vista Canyon development. Design contract completion is contingent on the developer's schedule. The estimated timing and cost of the projects are shown below. The balance of these projects are expected to be fully funded with the Street Infrastructure Fee Revenue. % Funded with Amount Funded Other _J Project Estimated Start Total Project the Impact Fee with Impact Fee Funding j Name Date Cost Revenue Revenue Sources Z Z Bridge Widening Copper 9/1/2020 $4,000,000 10096 $4,000,000 _ a Hill Drive N c 0 TDA, Prop C, Prop 2 A, Measure R, Vista Canyon Road Measure IV, LR, Bridge - Design & 7/1/2024 $37,057,943 1% $350,000 0 Measure R HWY 0 Construction OP, General Fund 2 Capital Project m r c m E t m r r Page 10 of 14 1 Packet Pg. 72 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Sidewalk Infrastructure Facilities Fee Program Planned Expenditures and Changes in Fund Balance The purpose of the Sidewalk Infrastructure Fee is to mitigate the impacts of development projects on the sidewalk infrastructure. Developers contribute to the upkeep and improvement of sidewalks in the areas where their projects are undertaken. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on sidewalk infrastructure measured by the square footage of the development. As per Conditions of Approval, prior to issuance of building permits, the developer is required to dedicate sidewalk easements sufficient to encompass American Disabilities Act (ADA) requirements for sidewalks installed with drive approaches per the current City standard American Public Works Association (APWA) 110-1, Type C, or equivalent. Prior to building final, the developer is required to replace abandoned driveways with standard curb, gutter, sidewalk, and pavement in accordance with APWA standards, to the satisfaction of the City. A revised street plan and encroachment permit shall be required. The developer is also required to repair any broken or damaged curb, gutter and sidewalk, and refurbish the half section of pavement on streets within or abutting the project, to the satisfaction of the City. The Sidewalk Infrastructure Fee has a balance of $29,921, which represents the total of accumulated interest income in the account. The City will utilize this balance to fund sidewalk projects next fiscal year. % Funded with Amount Funded Other Q Project Estimated Start Total Project the Impact Fee with Impact Fee a Funding 2 Name Date Cost Revenue Revenue Sources Q Concrete Rehabilitation FY 24-25 $600,000 5% $29,921 Measure R Z Pro ram* g Q * To fund the annual concrete rehabilitation program. N c 0 2 m a c 0 r 0 0 m a Page 11 of 14 1 Packet Pg. 73 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Medians Facilities Fee Program Planned Expenditures and Changes in Fund Balance The purpose of the Median Fee is to mitigate the impacts of development projects on landscape medians. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on street medians measured by the cost estimate. As per Conditions of Approval, prior to issuance of the first building permit, the developer shall pay an in -lieu fee for landscaping and irrigation of the medians on the project site. The in -lieu fee shall be based on a cost estimate calculated by the developer and approved by the City. The Medians Fee has a balance of $719,541. The City will fund the following projects with this balance: -Circulation Improvements of Valley Center Drive This project provides for the construction of traffic circulation improvements which include median revisions, re -striping, landscape and irrigation, and traffic signal modifications. - Sierra Highway Medians This project provides for the landscaping and irrigation of the medians on Sierra Highway along the frontage of the project site. The estimated timing and cost of the projects are shown below. The balance of the projects cost are expected to be fully funded with the Median Fee. % Funded with Amount Funded `L Project Estimated Start Total Project the Impact Fee with Impact Fee _J Name Date Cost Revenue Revenue Q Circulation Improvements of 1/3/2023 $3,415,000 7% $236,626 Z Valley Center Drive Q Sierra Highway Medians FY 29-30 $482,915 100% $482,915 N c 0 N m a c 0 r 0 0 m a Page 12 of 14 1 Packet Pg. 74 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Traffic Signal Timing Facilities Fee Program Planned Expenditures and Changes in Fund Balance As a condition of building occupancy permit issuance, the developer is required to update the traffic signal timing at all signalized locations determined by the City to experience significant changes in vehicular volumes and/or travel patterns as a result of the development. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on increased traffic and traffic signal timing measured by the square footage of the development. There is a balance of $17,056 in the Traffic Signal Timing Fee fund, which is expected to be used to fund improvements to traffic signal timing in the City. The fee is calculated in proportion to the developer's impact on the location as per the City's Schedule of Fees and Charges, Resolution 23-32. The amount of the fee is reviewed and adopted annually by the City Council. The estimated timing and cost of the projects are shown below. The balance of the projects cost are expected to be fully funded with the traffic signal timing fee revenue. % Funded with Amount Funded Project Estimated Start Total Project the Impact Fee with Impact Fee Name Date Cost Revenue Revenue Newhall Avenue Corridor 2024-25 $1,700 100% $1,700 Soledad Canyon Corridor 2024-25 $4,766 100% $4,766 Railroad Avenue Corridor 2024-25 $5,132 100% $5,132 Bouquet Canyon Corridor 2024-25 $5,458 100% $5,458 Page 13 of 14 1 Packet Pg. 75 9.a Exhibit A City of Santa Clarita Five -Year Financial Summary Statement of Bridge and Major Thoroughfare Fees Program Planned Expenditures and Changes in Fund Balance As a condition of final map approval for property within an area of benefit, or a building permit developer, as a condition of a building permit issuance for property within an area of benefit, is required to pay a fee to defray the cost of constructing bridges over waterways, railways, freeways, and canyons, and/or constructing major thoroughfares. The provisions for payment of a fee only applies if the bridge and/or major thoroughfare has been included in an element of the General Plan adopted by the Council at least thirty (30) days prior to the filing of a map or application for a building permit on land located within the boundaries of the area of benefit. There is a reasonable relationship between the fee and its purpose because the fee is calculated to reflect the proportionate impact the development will have on bridges and major thoroughfares measured by number of units of the development. There is a balance of $14,589,203 in the Major Bridge and Thoroughfare Fee, which is expected to be used to fund the construction of bridges and/or thoroughfares within benefit areas. The fee is calculated per Factored Development Unit (FDU) as per the City's Schedule of Fees and Charges, Resolution 23-32. The amount of the fee is reviewed and adopted annually by the City Council. The estimated timing and cost of the projects are shown below. Project costs are expected to be funded with the impact fee revenue, as well as grants and TDA Article 8 funds. The available cash balance includes interfund loans from other funds. % Funded with Other Project Estimated Start Total Project the Impact Fee Available Fund Available Cash Funding U Q Name Date Cost Revenue Balance Balance Sources a 2 Via Princessa Extension - J Grant, Isabella Parkway to FY 24-25 $75,000,000 22% ($10,673,898) $4,266,815 TDA Article 8 Z Golden Valley Rd. Q Dockweiler Drive FY 24-25 $62,933,215 43% $7,350,385 $7,382,024 Grant, N Extension TDA Article 8 c Bouquet Bridge & N Thoroughfare Future Ongoing Ongoing 100% $4,196,566 $2,578,862 Projects Valencia Bridge & o Thoroughfare Future Ongoing Ongoing 100% $13,716,150 $1,427,440 Projects y m r c m E t m r r Page 14 of 14 1 Packet Pg. 76