§ 27-3.12. Fee and Fee Escalators.

a.

The development impact fees shall be:

Residential	Fee per Dwelling Unit
Single Family Unit	$16,601.00
Multi-family Unit	$13,140.00

 

Nonresidential	Fee per 1,000 Sq. Ft.
Retail	$4,383.00
Commercial or Office	$4,892.00
Warehouse or Manufacturing	$3,530.00

 

b.

A resolution may provide for an annual increase in the amount of the fee to reflect the percentage increase in the cost of construction or public improvements as reported in the Engineering News Record Construction Cost Index for the San Francisco Bay Area, or similar index if this one is not published.

c.

The development impact fee may be adjusted from time to time, based upon amendments or updates to the Nexus Study, to reflect extraordinary changes in the cost of construction of any of the improvements listed in Appendix B of the Nexus Study, changes in the levels of actual or projected development, or the actual or estimated proportionate share of costs as determined by additional or amended engineering analysis.

(Ord. No. 3098 N.S., 7-15-2014)