City Council

3. Consider the potential establishment of Developer Impact Fees (DIFs) and whether to proceed with a Nexus Study. (O’Neill/Moya) (30 mins) Recommendation: 1) Receive and file Willdan Financial Services' (Willdan) Initial Impact Fee Evaluation regarding the potential establishment of DIFs; 2) Provide Staff direction regarding preparation of a Nexus Study for the potential establishment of DIFs, including: a. Consider the Finance Advisory Committee's (FAC) recommendation to defer preparation of the Nexus Study based on the City being largely built out, budget considerations, uncertain revenue potential, and ongoing administrative and funding requirements; or, b. Consider whether to proceed with the Nexus Study to position the City for potential future development, and if so, authorize the City Manager to execute a professional services agreement (PSA) with Willdan, in a form approved by the City Attorney, in an amount not to exceed $50,000; 3) If authorized to proceed, direct Staff to work with Willdan and City Departments to identify potentially eligible capital improvements, refine development assumptions and fee categories, and return to the City Council with the completed Nexus Study and proposed DIFs for consideration. Agenda Report