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HomeMy WebLinkAboutAGENDA REPORT 2014 1105 CCSA REG ITEM 09A ITEM 9.A. .. TV OF MOORPARK,CALIFO-'; City Council Meeting MOORPARK CITY COUNCIL o o • AGENDA REPORT 01,01/21.1 TO: Honorable City Council FROM: Dave Klotzle, City Engineer/Public Works Director Prepared by: John Brand, Senior Management Analyst DATE: October 24, 2014 (CC Meeting of 11/05/2014) SUBJECT: Consider Scheduling a Public Hearing for Los Angeles Avenue Area of Contribution Fee Revisions BACKGROUND The Los Angeles Avenue Area of Contribution (LA AOC) fees were originally established by the County of Ventura prior to the incorporation of the City. The purpose of these fees is to provide mechanisms for future development projects, within specified geographical areas, to finance specific transportation improvements. The LA AOC fee was last adjusted in March of 2006. Certain changes in the scope and cost of projects funded by this source make it necessary to recommend an adjustment to the fee amounts. The Government Code Section 66018 requires that a public hearing be held prior to the adoption of a new development fee or an increase to any existing development fee. It is recommended that a public hearing be held on November 19, 2014 to consider an adjustment to the LA AOC fees. In preparation for the proposed public hearing, compliance with the public meeting and notice requirements of Government Code Section 66016 will be met. The recommended L A AOC fee adjustments will be provided to the Building Industry Association (BIA) and to any other interested parties prior to the public hearing. Any fee increase approved by the City Council will not become effective until sixty (60) days after the date the action was taken to increase the fee. DISCUSSION The LA AOC fees were previously adjusted in March of 2006 to the amounts shown below. LA AOC Fee 2006 Residential (per dwelling unit) $7,807 Commercial/Industrial (per acre) $43,717 S:\Pub5c Works\Everyone\Reports\Staff Reports\2014\November\11-5-2014(LA AOC set hearing for 11-19-14)docx 52 Honorable City Council November 5, 2014 Page 2 A. Fee Requirements and Project Cost Estimates As with prior LA AOC fee adjustments, this adjustment is proposed for the purpose of establishing a fee amount sufficient to fund (in the amounts specified herein) certain identified projects. The costs for project design, construction and inspection have risen since the 2006 LA AOC fee adjustment. Several of the projects require additional right- of-way, as well as review and permitting by Caltrans, all of which has historically added significant cost and delays to those projects. The updated project cost estimates are set forth in Attachment 1. The revised project cost requirements total $33,578,870. The cost estimates used in the prior 2006 fee adjustment are shown as well. The cost increases are based on more recent information about project needs and requirements where known. For projects without current cost estimates, the 2006 costs were increased by 24% based on the Engineering News Record (ENR) Construction Cost Index for the period between 2006 and 2014. This is the Index the City uses to determine grading, road and storm drain construction cost estimates and fees for land development projects. For comparison purposes, the Consumer Price Index increased 17%, and the Caltrans Construction Price Index increased 4.8% over the same period. The Caltrans Index is based solely on contract costs of Caltrans projects only, where the ENR Index is based on the cost of labor, equipment and materials of a wider range of representative private and public projects. B. Estimated Future Land Development Projects Attachment 2 is a chart listing all of the future land development projects that are subject to the LA AOC fee, along with an estimate of the number of dwelling units or acres proposed by each project. The fees established by the Los Angeles Avenue AOC provided for a conversion factor of 5.6 dwelling units per acre to compute the per acre fee for commercial and industrial properties. Based on the total number of dwelling units or acres set forth in Attachment 2, the resultant total number of EDU (equivalent dwelling units) required for the calculation of revised fees is shown below. Description Total Acres Commercial/ Industrial Multiplied by the Conversion Factor Number of EDUs for Comm. /Ind. Property Plus the Number of Residential Units C. Development Agreement Caps Revised Number 83.02 5.6 465 1,820 Total EDUs 2,285 2006 Number 169.50 5.6 949 1,546 2,495 As noted under the table on page 1 of Attachment 2, there is one project, Essex, for which the LA AOC fee has been set at a given rate. The lots for that project are not included in the above calculations. The additional funding requirements used to S \Public Works\Everyone\Reports\Staff Reports\2014\November\ 11-5-2014 (LA AOC set hearing for 11-19-14 ).docx 53 Honorable City Council November 5, 2014 Page 3 calculate the proposed revised fee (see Section E) does not include the LA AOC fees to be paid by Essex. D. LA AOC Funds Available A summary of the current funds available, and future anticipated receipts, for the LA AOC Fund 2501, is shown below. No provision has been made for future interest income as it is anticipated that any such interest income would be off-set by a comparable rise to the cost of engineering and construction as the result of inflation. The funds available from the prior fee adjustment are shown as well. Description Cash in Fund 2501 (8/31/14) Plus Receivables from: Tierra Rejada Road AOC Fund Loan Outstanding Notes and Interest Development Under Construction Total Funds Available E. Additional Funds Required Current Amount($) 2006 Amount($) 11,698,843 9,226, 194 177,005 431,675 679,209 12,986,732 952,863 442,525 0 10,621,582 Based on the above figures, the future LA AOC fees required to construct all of the projects listed in Attachment 1 are calculated below. Description Total Estimated Cost of Project Construction Less Total Funds Available Total Additional Funds Required Less Development Agreement Revenue Funding Requirements Used for Fee Calculation F. Revised Fee Calculation Current Amount($) 2006 Amount($) 33,578,870 30,099,241 (12,986,732) (10,621,582) 20,592, 138 19,477,659 (752,000) 0 19,840, 138 19,477,659 Based on the above information, the revised LA AOC fees are shown below. Description Total Additional LA AOC Fees Required Divided by the Total Number of EDUs AOC Fee per Residential Unit Multiplied by 5.6 AOC Fee per Commercial/Industrial Acre STAFF RECOMMENDATION Current Amount($) 2006 Amount($) % Increase 19,840, 138 19,477,659 2,285 2,495 8,683 7,807 11.2 5.6 5.6 48,624 43,717 11.2 Schedule a public hearing to consider an increase to the Los Angeles Avenue AOC fees on November 19, 2014. S \Public Works\Everyone\Reports\Staff Reports\2014\November\11-5-2014 (LA AOC set hearing for 11-19-14).docx 54 U1 U1 2 3 4 5 6 7 8 9 10 11 At t a c h m e n t 1 Pa g e 1 Li s t of L A A O C Fu n d e d Pr o j e c t s Co m p a r i s o n of Pr i o r Co s t Es t i m a t e an d C u r r e n t C o s t Es t i m a t e Ex p e n d i t u r e s Re m a i n i n g Co s t s Co d e Pr o j e c t Na m e to Da t e De s i g n R- 0 - W Co n s t . 80 0 3 LA Av e at Be l t r a m o Pr o j e c t co m p l e t e d 80 0 4 LA Av e Si g n a l Sy n c Pr o j e c t co m p l e t e d 80 1 2 Pr i n c e t o n Av e . Wi d e n i n g 1 40 0 , 0 0 0 30 0 , 0 0 0 3, 8 0 0 , 0 0 0 6, 0 0 0 , 0 0 0 3, 0 0 0 , 0 0 0 30 0 , 0 0 0 1, 0 0 0 , 0 0 0 7, 4 0 0 , 0 0 0 80 1 3 LA Av e . Wi d e n i n g - Sp r g to Mp k 2 82 5 , 0 0 0 47 5 , 0 0 0 1, 3 0 0 , 0 0 0 1, 7 0 0 , 0 0 0 1, 2 0 0 , 0 0 0 70 0 , 0 0 0 1, 8 0 0 , 0 0 0 2, 10 0 , 0 0 0 80 2 6 Sp r i n g Rd . Wi d e n i n g & Me d i a n 22 0 , 0 0 0 10 0 , 0 0 0 33 0 , 0 0 0 1, 2 0 0 , 0 0 0 40 0 , 0 0 0 12 5 , 0 0 0 15 0 , 0 0 0 1, 5 0 0 , 0 0 0 80 3 3 LA / T R Pa r k w a y s Pr o j e c t co m p l e t e d 80 3 9 Ra i l Xi n g Sp r i n g Pr o j e c t co m p l e t e d 80 4 0 Mo o r p a r k Av e . Wi d e n Ca s e y - 3r d 3 15 6 , 7 0 8 84 3 , 2 9 2 4, 0 0 0 , 0 0 0 7, 0 0 0 , 0 0 0 15 6 , 7 0 8 1, 2 5 0 , 0 0 0 4, 5 0 0 , 0 0 0 8, 7 5 0 , 0 0 0 80 4 6 LA / T R Si g n a l Up g r a d e Pr o j e c t co m p l e t e d 80 4 7 LA Av e Me d i a n 0 20 0 , 0 0 0 0 2, 0 0 0 , 0 0 0 21 0 , 0 0 0 19 0 , 0 0 0 0 3, 5 0 0 , 0 0 0 80 5 1 Un d e r g r o u n d Di s t No . 2 4 0 50 , 0 0 0 0 3, 0 0 0 , 0 0 0 0 75 , 0 0 0 0 3, 7 0 0 , 0 0 0 80 5 8 LA Av e Wi d e n - Ma u r e e n 0 0 0 0 to Le t a Ya n c y 10 0 , 0 0 0 0 0 1, 0 0 0 , 0 0 0 80 6 6 LA Av e . Ut i l i t y Un d e r g r o u n d i n g 0 2, 0 0 0 0 29 5 , 0 0 0 at Ar r o y o Br i d g e 15 , 0 0 0 15 , 0 0 0 0 40 0 , 0 0 0 10/23/14 2006 Revised To t a l Pr o j e c t Co s t Le s s Ot h e r Total Future Total Future ln s p . 20 0 6 Es t . Cu r r e n t Es t . So u r c e s AOC Cost AOC Cost I 74,222 I I I 700,000 80 0 , 0 0 0 11 , 3 0 0 , 0 0 0 0 10,900,000 90 0 , 0 0 0 12 , 6 0 0 , 0 0 0 1, 0 0 0 , 0 0 0 8,600,000 20 0 , 0 0 0 4, 5 0 0 , 0 0 0 79 6 , 7 7 0 2,878,230 30 0 , 0 0 0 6, 10 0 , 0 0 0 79 6 , 7 7 0 4, 103,230 12 0 , 0 0 0 1, 9 7 0 , 0 0 0 0 1,750,000 20 0 , 0 0 0 2, 3 7 5 , 0 0 0 0 1,975,000 230,000 I I I 1,440,000 40 0 , 0 0 0 12 , 4 0 0 , 0 0 0 8, 2 7 0 , 8 0 0 3,972,492 80 0 , 0 0 0 15 , 4 5 6 , 7 0 8 7, 7 2 8 , 3 5 4 7,571,646 196,000 20 0 , 0 0 0 2, 4 0 0 , 0 0 0 0 2,400,000 50 0 , 0 0 0 4, 4 0 0 , 0 0 0 4, 190,000 50 , 0 0 0 3, 1 0 0 , 0 0 0 2. 5 0 0 , 0 0 0 600,000 75 , 0 0 0 3, 8 5 0 , 0 0 0 2, 5 0 0 , 0 0 0 1,350,000 0 0 0 0 20 0 , 0 0 0 1, 3 0 0 , 0 0 0 0 1,200,000 3, 0 0 0 30 0 , 0 0 0 0 300,000 50 , 0 0 0 48 0 , 0 0 0 0 465,000 S: \ P u b l i c Wo r k s \ C I P s \ L A AO C I L A AO C \ U p d a t e d LA AOC project cost est 11-5-14 12 13 14 U1 O' I At t a c h m e n t 1 Pa g e 2 Li s t of L A AO C Fu n d e d Pr o j e c t s Co m p a r i s o n of Pr i o r Co s t Es t i m a t e an d Cu r r e n t Co s t Es t i m a t e 10/23/14 2006 Revised Co d e Pr o j e c t Na m e xx x x LA Av e . we s t of Ti e r r a Re j a d a Rd . 5 xx x x En g i n e e r i n g St u d i e s Re a l i g n Fi r s t St . & Po i n d e x t e r Av e . Re a l i g n Th i r d St . & La s s e n Av e . Re m o v e si g n a l an d le f t tu r n s at Pa r k La n e & L. A . Av e . Pe d e s t r i a n Br i d g e ov e r L. A . Av e . Ad d ' l la n e fr o m NB Pr i n c e t o n on t o 11 8 xx x x Dr a i n a g e Im p r o v e m e n t s No t e s Pr i o r Su b - t o t a l Re v i s e d Su b - T o t a l Ad m i n i s t r a t i o n (5 % ) Ad m i n i s t r a t i o n (5 % ) 1 Pa r t i a l fu n d i n g by Fe d e r a l gr a n t 2 Pa r t i a l fu n d i n g by Fe d e r a l gr a n t Ex p e n d i t u r e s Re m a i n i n g Co s t s To t a l Pr o j e c t Co s t Le s s Ot h e r to Da t e De s i g n R- 0 - W Co n s t . ln s p . 20 0 6 Es t . Cu r r e n t Es t . So u r c e s 10 0 . 0 0 0 o 1. 0 0 0 . 0 0 0 10 0 . 0 0 0 I 1. 2 0 0 . 0 0 0 I a Th i s pr o j e c t is no lo n g e r in c l u d e d in th e LA AO C si n c e it wi l l be fu n d e d di r e c t l y by de v e l o p m e n t 0 40 0 , 0 0 0 0 10 0 , 0 0 0 0 10 0 , 0 0 0 0 10 0 , 0 0 0 ~I 10 0 , 0 0 0 10 0 , 0 0 0 D I 10 0 , 0 0 0 12 5 , 0 0 0 Pr i o r To t a l Pr o j e c t Re q u i r e m e n t s Re v i s e d To t a l Pr o j e c t Re q u i r e m e n t s 0 0 0 0 0 0 0 0 0 0 0 0 0 1, 4 5 0 , 0 0 0 0 1, 8 0 0 , 0 0 0 0 40 0 , 0 0 0 0 0 10 0 , 0 0 0 0 0 10 0 , 0 0 0 0 0 10 0 , 0 0 0 0 0 10 0 , 0 0 0 0 0 10 0 , 0 0 0 0 75 . 0 0 0 I 1. 6 2 5 , 0 0 0 0 10 0 , 0 0 0 2, 0 2 5 , 0 0 0 0 Am o u n t of In c r e a s e : Pe r c e n t In c r e a s e : Total Future AOC Cost 1,200,000 400,000 1,625,000 28,665,944 1,433,297 30,099,241 >>> >>> 3 Pr i o r fu n d i n g wa s 1/ 3 Fu n d 20 0 2 (T r a f f i c Mi t i g a t i o n ) 1/ 3 Fu n d 29 0 2 (M R A ) 1/ 3 LA AO C - fu t u r e fu n d i n g to be 1/ 2 Fu n d 20 0 2 (T r a f f i c Mi t i g a t i o n ) 1/2 LA AOC 4 Ot h e r fu n d i n g so u r c e s : Fu n d 23 3 0 (A D 9 2 - 1 ) - $4 2 6 , 4 4 7 ; Ru l e 20 A - $2 1 5 , 0 0 0 an d ot h e r so u r c e s to be de t e r m i n e d - $1 , 8 5 8 , 5 5 3 5 No im p r o v e m e n t s ar e cu r r e n t l y ne c e s s a r y . If de v e l o p m e n t oc c u r s we s t of Bu t t e r Cr e e k Rd . th e im p r o v e m e n t s wi l l be fu n d e d by th e de v e l o p m e n t . Total Future AOC Cost 100,000 100,000 100,000 100,000 100,000 2,025,000 31,979,876 1,598,994 33,578,870 3,479,629 11.6% S \P u b l i c Wo r k s \ C I P s \ L A AO C \ L A AO C \ U p d a t e d LA AOC project cost est 11-5-14 At t a c h m e n t 2 (p . 1) LO S AN G E L E S AV E N U E AO C Su m m a r y of Fu t u r e La n d De v e l o p m e n t Pr o j e c t s St a t u s Re s i d e n t i a l Lo c a t i o n T5 1 3 0 Mo o r p a r k 15 0 We s t of Wa l n u t Cy n Rd no r t h of Wi c k s Ro a d Ex p i r e d PD T5 1 8 7 K. Ho v n a n i a n W/ s i d e of Wa l n u t Cy n Rd no r t h of Ca s e y Ro a d Ap p r o v e d T5 4 0 5 K. Ho v n a n i a n W/ s i d e of Wa l n u t Cy n Rd no r t h of Ca s e y Ro a d Ap p r o v e d T5 3 4 7 Bi r d s a l l E/ s i d e of Wa l n u t Cy n Rd @ Ch a m p i o n s h i p Dr Ex p i r e d PD T5 4 6 3 To l l Br o s . Ma s t e r s N/ s i d e of Ch a m p i o n s h i p Dr ea s t of Gr i m e s Cy n Rd Ap p r o v e d T5 0 5 3 Pa c i f i c Co m m u n i t i e s 4 S/ s i d e of Lo s An g e l e s Av e we s t of Le t a Ya n c y Rd Pr o p o s e d RP O 05 - 0 2 Ch i u E/ s i d e of Wa l n u t Cy n Rd @ Ev e r e t t St Pr o p o s e d SP 1 Hi t c h Ra n c h 5 We s t of Mo o r p a r k Av e no r t h of Po i n d e x t e r Pr o p o s e d T5 5 0 5 Ma n s i 5 We s t of Wa l n u t Cy n Rd no r t h of Ca s e y Ro a d Pr o p o s e d Gr a n d Mo o r p a r k N/ s i d e of Lo s An g e l e s Av e n u e ea s t of Sh a s t a Av e . Pr o p o s e d No r t h Hi l l s Vi l l a g e 7 W/ s i d e of Ga b b e r t Rd no r t h of Po i n d e x t e r Pr o p o s e d Ra s m u s s e n 8 W/ s i d e of Ga b b e r t Rd no r t h of Po i n d e x t e r Pr o p o s e d MR A Ev e r e t t St . 9 Fo r m e r Fi r e St a t i o n Po t e n t i a l Mo o r p a r k RV Si t e 10 We s t si d e of Sp r i n g Rd so u t h of Lo s An g e l e s Av e Po t e n t i a l MR A Wa l n u t Ca n y o n Dr . Wa l n u t Ca n y o n Dr i v e Po t e n t i a l In f i l l Va r i o u s Po t e n t i a l TO T A L Pr o j e c t s wi t h LA AO C Fe e se t by De v e l o p m e n t Ag r e e m e n t th e r e f o r e no t in c l u d e d in th e up d a t e d fe e ca l c u l a t i o n RP O 20 1 2 - 0 2 Es s e x So u t h of Ca s e y Rd we s t of Mo o r p a r k Av e Ex p i r e d PD No t e s 1. Un i t s in pr o j e c t ar e ba s e d on nu m b e r al l o w e d un d e r cu r r e n t Ge n e r a l Pl a n Zo n i n g . To t a l Un i t s In Pr o j e c t 1 11 0 24 8 17 21 50 28 4 30 41 5 9 22 50 13 5 45 12 12 13 4 3 20 0 2. Th e un i t s su b j e c t to AO C fe e s is th e mo s t re a l i s t i c es t i m a t e of un i t s th a t ma y be co m p l e t e d be f o r e th e AO C fe e is up d a t e d ag a i n . Th e nu m b e r s li s t e d ar e es t i m a t e s on l y an d do no t in d i c a t e an ap p r o v e d en t i t l e m e n t ac t i o n . 3. Ge n e r a l Pl a n Am e n d m e n t wo u l d be re q u i r e d fo r hi g h e r nu m b e r of un i t s . Un i t s Su b j e c t to AO C 2 11 0 18 3 17 21 50 28 3 30 58 5 30 0 22 25 81 20 69 12 12 18 2 0 20 0 4. Th e un i t s su b j e c t to AO C is th e av e r a g e of th e cu r r e n t zo n i n g nu m b e r an d th e ma x . po s s i b l e un i t s le s s 87 un i t s th a t we r e pa i d fo r in 20 0 1 . 5. Th e un i t s su b j e c t to AO C is th e av e r a g e of th e cu r r e n t zo n i n g nu m b e r an d th e ma x . po s s i b l e . 6. Th e un i t s su b j e c t to AO C is ap p r o x . 75 % of th e ma x . po s s i b l e . 7. Th e un i t s su b j e c t to AO C is 50 % of th e ma x . po s s i b l e . 8. Th e un i t s su b j e c t to AO C is th e av e r a g e of th e cu r r e n t zo n i n g nu m b e r an d th e ma x . po s s i b l e . 9. Th e un i t s su b j e c t to AO C is ba s e d on th e cu r r e n t de v e l o p m e n t pr o p o s a l . 1 O. Th e un i t s su b j e c t to AO C is th e av e r a g e of th e cu r r e n t zo n i n g nu m b e r an d th e ma x . po s s i b l e . Max. Poss. Units with GPA 3 110 183 17 21 50 457 60 755 390 66 50 148 26 93 12 12 2450 LA AOC Fee $3,760 Remaining as of 11/5/14 Total $752,000 Re v i s e d : 10 / 2 4 / 2 0 1 4 10 : 5 4 AM S: \ P u b l i c Wo r k s \ C I P s \ L A AO C I L A AO C I U p d a t e d LA AOC Fut Land Dev 11-5-14 V1 - i Co m m e r c i a l & In d u s t r i a l lJ l 0 0 CP D 20 0 5 - 0 1 Sh e s h e b o r G h a r b a g h i Bi r k e n s h a w Pr o p e r t y Lo t be t w e e n Co n d o r & 11 8 Fo r m e r MR A so u t h Hi g h S t Fo r m e r MR A ! L u c a s Pr i n c e t o n Av e Co n d o r / Pr i n c e t o n Ka vi i Fa i r f i e l d In n 50 0 L. A . Av e - Li n d s t r o m Mo o r p a r k We s t St u d i o s He r r i t a g e MR A Mo o r p a r k Av e . MR A TO T A L Re v i s e d : 10 / 2 4 / 2 0 1 4 11 00 AM At t a c h m e n t 2 (p . 2) LO S AN G E L E S AV E N U E AO C Su m m a r y of Fu t u r e La n d De v e l o p m e n t Pr o j e c t s To t a l Ac r e s To t a l Ac r e s S/ s i d e of Lo s An g e l e s Av e we s t of Le t a Ya n c y W/ s i d e of L A Av e . so u t h of La s s e n N/ s i d e of Co n d o r Dr (N ) ea s t of Pr i n c e t o n Av e S/ s i d e of Hi g h St r e e t ea s t of Mo o r p a r k Av e S/ s i d e of Pr i n c e t o n Av e . ea s t of 11 8 / 2 3 br i d g e NI E Co r n e r of Co n d o r (S ) an d Pr i n c e t o n We s t of Pr i n c e t o n Av e @ SR 11 8 S/ s i d e of Wh i t e Sa g e Ro a d ea s t of SR 23 S/ s i d e of Lo s An g e l e s Av e N/ s i d e of Lo s An g e l e s Av e we s t of Ga b b e r t Rd 46 7 Hi g h St 34 7 Mo o r p a r k Av e . In Pr o j e c t Su b j e c t to AO C Ex p i r e d PD 1. 6 4 1. 6 4 Po t e n t i a l 7. 5 0 7. 5 0 Po t e n t i a l 10 . 0 0 10 . 0 0 Po t e n t i a l 1. 8 0 1. 8 0 Po t e n t i a l 1. 5 0 1. 5 0 po t e n t i a l 3. 2 2 3. 2 2 Po t e n t i a l 20 . 0 0 2 0 0 0 Ex p i r e d PD 2. 3 8 2. 3 8 Ex p i r e d CU P 1. 9 8 1. 9 8 Ap p r o v e d 32 . 0 0 32 . 0 0 Po t e n t i a l 0. 5 0 0. 5 0 Po t e n t i a l 0. 5 0 0. 5 0 83 . 0 2 8 3 . 0 2 S \P u b l i c Wo r k s \ C I P s l L A AO C I L A AO C \ U p d a t e d LA AOC Fut Land Dev 11-5-14