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CC Resolution No. 21-116 Approving the Annual and Five-Year Development Impact Fee Report for FY Ending June 30 and Making Required FindingsRESO[UTION N0. 21-116 A RESOLUTION OF THE CUPERTINO CITY COUNCIL APPROVING THE ANNUAL & FIVE-YEAR DEVELOPMENT IMPACT FEE REPORT FOR FY ENDING JUNE 30, 2021 AND MAKING REQUIRED FINDINGS WHEREAS, the Mitigation Fee Act (Government Code Section 66000 et seq.) requires that an atmual report regarding development impact fees be submitted to the City CounciI at a regularly scheduled public meeting pursuant to Section 66006; and WHEREAS, Government Code Section 66001(d) further provides tl"iat the City must, on a five-year basis, make certain findings with respect to unexpended development impact fees; and WHEREAS, the City of Cupertino - AB 1600 - Mitigation Fee Act Ai'tnual & Five-Year Report for the fiscal year tliat ending June 30, 2021 (the "Ax"tnual and Five-Year Report"), comprises the annual report required under Government Code Section 66006(b) and five-year report required under Governrnent Code Section 66001(d) of the Mitigation Fee Act. Said report is included as Attachment A and incorporated into this Resolution by this reference. NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby: 1. Acknowledge the foregoing recitals are true and correct and incorporated into this resolution by this reference. 2. Approves the Annual and Five-Year Report for FY ending June 30, 2021, iit accordance with the Mitigation Fee Act and incorporates by reference said Report (Attachment A). 3. Adopts the findings required by Goverrunent Code 66001(d) as stated in the Five-Year Reporting and Findings Requirement section of the Annual and Five-Year Report (Attachment A), which demonstrate that, for each account or fund: Resolution No. 21-'II6 Page 2 a. The purpose of each fund is described in the Annual aitd Five-Year Report. b. A reasonable relationship exists between the fee charged to development projects and the purpose for wliich it is charged, based on the substantial evidence contained in the Ai'u"iual and Five-Year Report. c. For each fund, tlie Annual and Five-Year Report identifies all sources and amounts of funding anticipated to complete the financing of incomplete improvements. d. For each fund, the Annual and Five-Year Report designates the approximate date on which the funding needed is expected to be deposited into the fund. BE IT FURTHER RESOLVED that tlns Resolution is not a project under the requirements of the California Envirorunental Quality Act, together with related State CEQA Guidelines (collectively, "CEQA") because it has no potential for resulting in physical cliange in the environment. In the event that this Resolution is found to be a project under CEQA, it is subiect to the CEQA exemption contained in CEQA Guidelines section 15061(b)(3) because it can be seen with certainty to have no possibility that the action approved may have a significant effect on the environment. CEQA applies only to actions whicli have the potential for causing a significant effect on the environment. Where it can be' seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment, the activity is not subject to CEQA. In this circumstance, approving the report would have no or only a de minimis effect on the environment. The foregoing determination is made by the City Council in its independent judgment. P ASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 21"' day of December 2021, by the following vote: Vote AYES: NOES: ABSENT: ABST AIN: Members of the City Council Paul, Chao, Moore, Wei, Willey None None None Resolution No. 21-116 SIGNED: /-7 71 ..l/i Z/2_oZl &CI,rcyOf_pCauupaell1o Date ATTEST: tr,; 1,-ri-/-L Ki'\;ten Squarcia,-(8ty Clerk Date Page 3 I Attaclunent A City of Cupertino AB 1600 - Mitigation Fee Act Annual & Five Year Report for the fiscal year ending June 30, 2021 Dept.: Community Development Project: Below Market Rate (BMR) Housing Mitigation Fee Local Authority: Information on tlie City's BMR Housiiig Mitigation Fee is provided as a courtesy. Tlie City of Cupertino lias collected BMR mitigation fees from con'unercial and residential developments sii'ice 1992 based on nexus studies conducted at tl'iat tiine. On May 5, 2015, tlie City Council adopted Resolution 15-036, accepting three reports from Keyser Marston Associates, Inc. (KMA) - Sun'unaiy and Reconunendations BMR Housiiig Mitigation Program, Non-Residential Jobs- Housing Nexus Aiialysis, aiid Residential BMR Housiiig Nexus Analysis - whicli collectively form the City's Nexus Study justifyii'ig tl'ie current residential and non-residential Housiiig Mitigation Fees. Per Resolution 17-052, the City Council adopted the updated BMR residential and non-residential (office, researcli, and development, industi'ial, liotel, retail and conunercial) HousingMitigationFees. OnMayl9,2020,tlieCityCounciladoptedResolution20-056,wl'fflch increased tlie Housing Mitigation Fees for liotels and for offices to levels lower tl'ian tlie maximum amount needed to :tully mitigate tlie burdens created by new development on the need for affordable housing as deterinined in tlie KMA Reports, based in part on an Economic Feasiliility Analysis prepared by Strategic Economics concluding tliat increased fees worild be feasible. On April21, 2020, tlie City Council adopted Resolution 20-037, amending tl'ie BMR Housing Mitigation Fees to adopt fee categoi-ies and amounts for self-storage and wareliouse uses based in pait on a report from I(MA dated January 2020 and entitled "Supplen'ient to tlie Non- Residential Jobs-Housing Nexus Study" evaluating tlie impact of self-storage and wareliouse land uses on demand for affordable liousiiig iii tlie City and detennining tlie maximum amount of a fee needed to fully mitigate tlie burdens on affordable liousing created by tliese types of development. The fiscal year 2020-21 BMR Housiiig Mitigation Fee a'inounts are being reported below. Voluntary Five Year Reporting & Findings Requirement: 1. Tlie puipose of the BMR Housing Mitigation Fee is to lielp mitigate tlie need for affordable housing as a result of new residential and non-residential development within the City of Cupertino. The requirements for applicability to the BMR Housii'ig Mitigation Fees are set foith in the City's adopted BMR Housing Mitigation Program Procedural Manual. Tlie BMR Housii'ig Mitigation Fee scliedule is as follows: Residential (per sq. ft.) - Detached Siiigle Fait-iilyResidence Small Lot Single Fainily Residence or Towi'iliome Multi-Family Attaclied Townhome or Condo Multi-Family Rental Apartment (1 to 35 du/ac) Multi-Family Rental Apaitment (over 35 du/ac) Non-Residential (Per sq.ft.) - Office, Researcli & Development, or Industrial $24.60 $18.45 $20.29 $24.60 $24.60 $30.75 Page I Attaclunent A Hotel Con'unercial or Retail $12.30 $12.30 BMR Housing Mitigation Fees were used to fui'id staff and admii'iistrative tiine, legal ai'id professional services, BMR liousiiig placement services, rental mediation, contract services, Nexus Study update and a Consolidated Plan. The fees in tlie BMR Fund include funds paid to tlie City as conditions of development agreements. Wl'ien applicable, tliese fees are included in the tables below; liowever, there is no requirement to prepare a five-year repoit regarding fees obtained tl'irough a development agreement. 2. A reasonable relationslup exists between the BMR Housing Mitigation Fee a-nd tl'ie puipose for whicli tlie fee was cliarged. Tlie need for tlie BMR Housirig Mitigation fees, as tliey were identified wlien tlie fee was enacted, remaiiis. See, Strategic Economics December 16, 2019, Econoinic Feasibility Study of hiclusionary Requirements. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Below Marlcet Rate Horisiiig Mitigatioi'i fee Total Estimated Cost* Fund Balance 6/30/2022 Expected to be Funded by Fees Sources and Amounts of Funding Anticipated to Complete the Project $160,300,000 $6,111,827 100% Additional Developer Contributions State and Federal tax credits, loans, and grants Estimated Date for Funding to be Deposited in Fund Estimated Estimated Beginning Date Completioxi{. . Date " ,4sprojects Ongoing Ongoing develop/ redevelop * Based on cux'rent RHNA allocation and affordability gaps estiinated iii the nexus study (defuied as the gap between what households can afford and the cost of producing additional liousiiig in Cupertino): Veiy-low iiicome units (356) x $241,000/unit = $87.8 million. Low income units (207) x $213,000/unit = $44.1 million. Moderate inconte units (231) x $1 23,000/unit = $28.4 milIion. Total = $160.3 million. 011 December 16, 2021, ABAG is consideiiiig revisions to the RHNA allocations. Based on information released by ABAG in November 2021, it is expected that Cupertino will receive aii allocation of 4,588 units: Very-low iiiconie units (1,193), Low-income units (687), Moderate income units (755), aiid Above Moderate units (1,953). T}ie estinxates provided in this rcport will be updated next year to reflect approved RHNA allocations. Page i2 Attacl'u'nent A Annual Report Amount of Fee: Based on adopted Fee Schedule FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Fiscal Year $6,551,494 $204,931 $19,651 ($206,461) ($68,170) ($259,957) ($50,000) ($44,955) ($25,000) ($9,706) Purpose of Expenditure Staff and administration Legal and professional sei'vices Housiiig placen'ient sei'vices Rental mediation sei'vices/contract services Horising Strategies De Anza Horising Program Housiiig Sui'vey Subtotal ($664,249) Refunded 0 Uiu'estricted $6,111,827 balance at 6/30/2021 'h- Includes funds collected by Development Agreement Page 3 Attacl'nnent A Dept.: Public Works Project: Park Dedication In-Lieu Fee Local Authority: City of Cupertino: Mtuucipal Code, Cliapter 13.08 Five Year Reporting & Findings Requirement: 1. Tlie purpose of tl'ie Park Dedication Fee is to lielp mitigate tlie need for additional outdoor recreational area for new residei'itial development wit}'iiii tlie City of Cupeitino. Tlie requirements for applicability to tlie Park Dedication Fees are set foith iii the City's Mu'i'iicipal Code, Cliapter 13.08, and the fee was adopted under the provisions of tlie Mitigation Fee Act. Tlie Parkland Dedication Fee is based 011 tlie fair market value of land within the City of Cupeitiiio. Land values are appraised bi-annually, and the Park Dedication Fees are updated accordingly. Park Dedication Fees are used to fund parkland acquisitions and iinprovements to park aiid recreational facilities. Tlie fees in tlie Park Dedication table below iiiclude fuiids paid to tlie City as a condition of development agreements. Altl'iougli tliese fees are iiicluded in tlie tables below, tliere is no requirement to prepare a five-year report regarding fees obtained througli a development agreement. In addition, tl'ns table includes adopted fees in'iposed as a condition of development. 2. A reasonalyle relatioi'iship exists between tlie Park Dedication Fee and tlie purpose for wl'ffcl'i tlie fee is clharged, as additional parUand and facilities are needed to offset tlie increase in population that additional residential ui'iits impacts. Tlie need for the Park Dedication fees, as tl'iey were identified when the fee was enacted, remaiiis, as tlie City's cutent pad< area per residei'it does not yet meet the park acreage standard in tlie Park Dedication Fee ordinance and as development continues to occur. 3. Tlie sources and amounts of '[unding anticipated to complete tlie financing of tlie Park Dedication are identified below: e Developer Fair-Sliare Contributions from all projects that add residences. 4. Tl'ie approximate dates 011 wlffch the funding for the needed park acquisition and improvements is expected to be deposited into the appropriate account are identified iix tl'ie Five-Year Report on tlie next page. Page i4 Attacl'unent A Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Total Estimated Cost Fund Balance 6/30/2021 Expected to be Funded by Fees Sources and Amounts of Funding Aiiticipated to Complete tlie Project Estimated Date for Fiuiding to be Deposited in Fund Lawrence- Mitty Parlc $8,270,994 $9,051,726 100% Projectis TrVinter2020 fully funded Annual Report Estimated Beginning Date Spring 2015 Estimated Completion Date Spring 2025 Amount of Fee: Based on Fair-Market Value of land, ffirough land appraisal FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Subtotal Refunded Reserved Balance at 6/30/2021 Fiscal Year $3,403,484 $104,201 il= Purpose of Expenditure $22,788 ($9,541) ($2,7 40,200) ($2,749,741) o ($5,521,253) $3,530,473 Staff and Adn'iinistration of Lawrence-Mitty Purcliase Purchase Agreement for Lawrence Mitty Reserved for constiuction of Lawrence-Mitty Park ($2,749,741 used for property purcliase) *'- Includes funds collected by Developn'ient Agreement axid otl'ier developments Page i 5 Attaclunent A Dept.: Public Works Project: Transportation Impact Fee Local Authority: City of Cupertino: Mui'iicipal Code, Cliapter 14.02 Five Year Reporting & Findings Requirement: 1. Tlie puipose of tlie Transpoitation Iinpact Fee is to lielp mitigate tlie impact to the City's existiiig transportation infrastructure due to new development, additions to existing sti'uctures or clianges in use within tlie City of Cupertino. Tlie requirements for applicability to the Transpoitation Iinl:iacts Fees are set foith iii tlie City's Mui'iicipal Code, Cliapter 14.02, and tl'ie fee was adopted under tlie provisions of the Mitigation Fee Act. Tlie Transpoitation Impact Fee is based on tlie Transpoitation Iinpact Fee Nexus Study. Transpoitation Impact Fees are used to fund capital improvements to the City's transpoitation infrastiucfure. 2. A reasonable relationsliip exists lietween tl'ie Transportation Iinpact Fee and tbe puipose for wl'iich tlie fee is cliarged, as additional transportation i'i*astructure is needed to offset the iiicreased demaiid tl'iat new development, additions to existiiig structures and clianges in use create on tlie roadway network. The need for tlie Traffic Iinpact fees, as identified in tlie Nexus Study remaiii, as tlie i'i'ifrastiucture improvements liave not yet been constructed. 3. Tlie sources and amounts of funding anticipated to complete tl'ie financing of tlie Tra'i'ispoitation hnpact Fee are identified lyelow: * Developer Fair-Sliare Contiibutions fi-om all projects that create new vel'ffcle tiips. 4. Tlie approxiinate dates, on whicli the funding for tlie needed transportation in'ipact improvements is expected to be deposited, are identified in the Five-Year Report on tlie next page. Page 16 Attacl'unent A Five-Year Report Inco'mplete Project that Was Identified When Imposing the Fee: Project Description Total Estimated Cost Fiuid Balance 6/30/2021 Expecte d to be Funded by Fees Sources and Amounts of Funding Anticipated to Complete the Project Estimated Date for Funding tO be Deposited in Fund Projects in tlie $59,780,125 $468,998 Transportation In'ipact Fee Nexus Study I00%Additional Fail 2024 Developer Contributions, State and Federal grai'its, General Fund Estimated Beginning Date Winter 2019 Estimated Completion Date Suimner 2026 Annual Report Amount of Fee: Based on Transportation Impact Fee Nexus Study FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Fiscal Year $241,119 $226,728 $1,151 o Purpose of Expenditure Subtotal Refiinded Balance at 6/30/2021 o o $468,998 Page 7 Attachment A Dept.: Public Works Project: N. Stelling/I-280 Bridge Pedestrian Lighting & Upgrades Local Authority: EXC-2007-06: Condition of Approval No. 21 TM-2007-02: Condition of Approval No. 24 Five Year Reporting & Findings Requirement: 1. Tlie purpose of tlie N. Stelliiig/I-280 Bridge Pedestiian Lighting & Upgrades fee is to enhance tlie pedestiian walkway along tlie east aiid west side of tl'ie Noith Stelling Road bridge that crosses over Interstate 280. Public facilities to be funded witli tlie fees were described iit: a. Villa Sei'ra Apartments: ASA-2007-03: Condition of Approval No. 21, dated July 13, 2007, for Arclutectural Site Approval ($25,000 collected) b. Las Palmas Subdivision: TM-2007-02: Condition of Approval No. 24, dated July 18, 2007, for Tei'itative Map Application ($25,000 collected) 2. A reasonable relationslffp exists between the Noith Stelling fee and the puipose for whicli tl'ie fee was cliarged in tliat new development ui the vicinity of tlie bridge increases pedestrian traffic across tlie bridge. Tlie need for in'iprovements to tlie bridge, tliat were identified during the review of tlie two projects, ren"iains, as tl'ie bridge experiences increased Iiedestrian traffic due to tl'ie two projects. 3. Tlie sources and amounts of funding anticipated to complete the financiiig of tlie bridge ii'i'iprovements are identified below: e It is anticipated that tlie City of Cupertino General Fund will be used to supplement revenue from fees. 4. Tlie approximate dates on wliicl'i tl'ie funding for the 'bridge iinprovenyents is expected to be deposited into tlie appropiiate accouixt are identified in the Five-Year Report below. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Total Estimated Cost Pedestrian Liglitiiig & Upgrades - N. Stelling/ I280 Bridge $100,000 Fund Balance 6/30/2021 $52,222 Expected to be Funded by Fees Sources and Amounts of Funding Anticipated to Complete the Project 50% Anticipated that City will fund the remaumg cost of the pro3ect Estimated Date for Funding to be Deposited in Fund Estimated Beginning Date Estimated Completion Date Spring/2023 Summeil2023 Fall/2023 Page l 8 Attachment A Annual Report Amount of Fee: 25% Contiibution to tl'ie total cost, based 011 estiii'iated four projects contrilyuting to improvement. FY 2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Refunded Balance at 6/30/2021 Purpose of Fiseal Expenditure Year $ 51,578 o $644 o o $ 52,222 Inception To Date Ainount $ 50,000 Repayment Date (est.) $5,772 ($3,550) o $ 52,222 Loans/Transfers Page 9 Attaclunent A Dept.: Public Works Project: De Anza/McClenan/Pacifica signal modification Local Authority: TM-2002-02: Condition of Approval No. 23 Five Year Reporting & Findings Requiretnent: 1. Tlie purliose of tlie De Ai'pa/McClellan/Pacifica signal modification is to study and redesign tlie traffic signal to improve tlie efficiency of the intersection. Public facilities to be funded witli tlie fees were desci'ibed in: a. Cupeitiiio Town Square: TM-2002-02: Co'iidition of Aliproval No. 2, dated July 15, 2003 for Tentative Map application ($145,700 collected) 2. A reasonable relationsliip exists between tlie De Ai'iza/McClellan/Pacifica signal n"iodification contribution and the puipose for wl'iicli tlie fee was cliarged, in that the new development introduces additional vel'ffcrilar and pedestrian traffic to tlie intersection. Tlie need for improvements to tlie intersection and tlie traffic signal, as they were identified duriiyg the review of tlie project, remains. Tl'ie intersection continues to 11111 less efficiently tlian other intersections in the area. 3. Tlie sources and amounts of funding anticipated to complete fiiiancing of the intersection improvements are identified below: @ Developer Fair-Sliare Contiibutions from other projects that conti'ibute traffic to tlie intersection. e It is anticipated tliat tlie City of Cupertino General Fund will be used to supplement revenue from fees. * Vel'iicle En'iissions Reductions Based at Scliools (VERBS) Grant funding. 4. The approxiinate dates on wl'iicl'i tl'ie funding for tl'ie bridge iniprovements is expected to be deposited into tlxe al:ipropriate account are identified below. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Total Estimated Cost Traffic Signal $1,200,000 & Intersection Improvements De Anza Blvd/ McClellan Rd/ Pacifica Ave Fund Balance 6/30/2021 $167,278 Expected to be Funded by Fees Sources and Amounts of Funding Anticipated to Complete the Project 14% Developer Contributions, General Fund, and VERBS Graiits Estimated Date for Funding to be Deposited in Fiuid Estimated Beginning Date Funding has been provided. Sumineii 2019 Spring 2021 Esfflmated Completion Date Fall2022 Pagei 10 Attacl'unent A Annual Report Amount of Fee: 12.5% Coxitribution to the total cost based 011 estiinated contribution of four projects. FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Refunded Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $165,213 o $2,065 o o $167,278 hiception To Date Amount $ 145,700 Repayment Date (est.) $21,578 o o $167,278 Loans/Transfers Page i 11 Attacl'unent A Dept.: Public Works Project: Stevens Creek Blvd. and Bandley Drive Signal Improvements Local Authority: ASA-2011-12: Coi'idition of Approval No. 43 Five Year Reporting & Findings Requirement: 1. Tlie puil:+ose of the Stevens Creek Blvd and Bandley Diive Traffic Signal hnprovement fee is to partially fund upgi-ades to tlie traffic signal iii ordcr to improve tlie efficiency of the intersection. Public focilities to be funded with the fees were described in: a. Cupextino Crossroads: ASA-2011-12: Condition of Approval No. 43 dated Novemlyer 17, 2011 for Arcliitectural Site Approval ($25,000 collected) 2. A reasonable relationslup exists between tlie Stevens Creek Blvd. aiid Bandley Drive Signal hi'iprovements fee and tlie purpose for wliicli tlie fee was cliarged, in tl'iat the new development lias a driveway that coi'inects directly to the signalized ii'itersection and the development will introduce additional vel'iicular and pedestiian traffic to the intersection. Tlie need for the improvements to tlie intersection, which were identified during tlie review of the project, remains. 3. Tl'ie soui-ces arid amounts of funding anticipated to complete financing of the signal upgrades improvements are identified below: e Developer Fair-Sliare Conti'ibutions from otlier projects in tlie viciiffty of tlie intersectio+i. e It is anticipated tliat tlie City of Cupeitino General Fund will be used to suppIement reyenue from fees. 4. Tlie approximate dates on wl'iicli tlie funding for tlie signal improvements is expected to be deliosited into tlie appropiiate account are identified below. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Stevens Creelc Blvd and Bandley Drive Signal Improvements Total Estimated Cost Fund Balance 6/30/2021 Expected to be Funded by Fees Sources and Atnounts of Funding Anticipated to Complete the Project $185,000 $13,565 5% Developer Contributions, and General Fund. Estiniated Date for Funding to be Deposited in Fund Estimated Beginning Date Estimated Completion Date Funding lias been provided. Suinmer/ 2019 Spring/2020 Suinmed2023 Page l I2 Attachment A Annual RepOr( Amount of Fee: Conti'ibution fi-om expected nearby developments, based on estiii'iated addition of traffic to intersection. FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Purpose of Fiscal Expenditure Year $13,398 Inception To Date Ainount Loans/Transfers $ 25,000 Repayment Date (est.) Interest Expended $167 0 Kiinley Hoi'ii Contract $1,691 ($13,126) Refunded Balance at 6/30/2021 $13,565 $13,565 Pagei 13 Attaclunent A Dept.: Public Works Project: Traffic Mitigation at Homestead Rd and Lawrence Expressway Local Authority: TM-2012-04: Condition of Approval No. 87 Five Year Reporting & Findings Requirement: Provided for information only. Five years have not elapsed since initial deposit. 1. Tlie purpose of tl'ie Traffic Mitigation at Hon'iestead Rd and Lawrence Expressway fee is to fund improvements to tlie i'iitersection in order to address traffic iinpacts from tlie pro3ect. Public facilities to be fu'i"ided witli tlie fees were described in: a. Maiii Street Cupertino: TM-2012-04: Condition of Approval No. 87, dated September 20, 2012 for Tentative Map application ($400,000 collected) 2. A reasonable relationsliip exists between the Traffic Mitigation at Homestead Rd and Lawrence Expressway fee and tlie purpose for whicli tlie fee was cliarged, in tliat tlie development, in tlie vicinity of the intersection, introduces additional traffic to tlie iiitersection. Tlie County of Santa Clara lias estiinated a cost to upgradc tlie intersection, and the Enviroiunental Impact Repozt assessed a fair sliare contribution from tlie project to address its poition of tlie impact. The need for improven'ients to tlie intersection, as tliey were identified du*ig tlie review of tlie project, remains. 3. Tlie soirces and amounts of funding anticipated to complete fina'i'icing of tlie iiitersectioxi improvements are to be identified by the County of Saiita Clara. 4. Tlie approximate dates on wlffcli tlie funding for tl'ie intersection iinprovements is expected to be deposited iiito tlie appropriate account are identified below. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description TOtal Estimated Cost Traffic Mitigation at Homestead Rd and Lawrence Expressway Bridge $4,000,000 Fund Balance 6/30/2021 $430,861 O/,, Expecte d to be Funded by Fees Sources and Aniounts of Funding Anticipated to Complete the Project 100% To be detei'inixied by the County of Santa Clara Estimated Date for Funding to be Deposited in Fund Estiniated Beginning Date Estimated Completion Date Fhen Fall/2023 Summer/2024 adequate ftmds liave been acquired by the County to begin the project. Anticipated Suinmer/ 2021 Pagei 14 Attacl'unent A Annual Report Amount of Fee: Based on Fair-Sliare Contiibution assessed by Enviromnental Impact Report FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Refiuided Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $425,542 0 $5,319 o o $430,861 Inception To Date Amount $400,000 Repayment Date (est.) $30,861 o o $430,861 Loans/Transfers Pagei 15 Attachinent A Dept.: Public Works Project: Traffic Calming to Mitigate Impacts from Main Street Cupertino Local Authority: TM-2012-04: Condition of Approval No. 93 Five Year Reporting & Findings Requirement: Provided for information only. Five years have not elapsed since initial deposit. 1. Tlie puipose of tlie Traffic Cahning to Mitigate Iinpacts from Main Street Cupertino fee is to help mitigate traffic iiul:iacts iii tlie adjacent neigliborlioods resulting from the project, for a period of 5 years following project occupancy. Public facilities to be funded witli tlie fees were described iii: a. Main Street Cupertino TM-2012-04: Condition of Approval No. 93 dated 9/20/2012 for Tentative Map application ($100,000 collected). 2. A reasonable relationsl'iip exists between the Traffic Cahniiig fee ai'id tlie ptupose for which the fee was charged, in tliat tlie development introduces additional traffic to tlie sui'rounding neighborlioods. Tlie City will utilize tlie funds as needed to address traffic iinpacts to tlie surroundiiig neighborlioods, for a period of 5-years after occupancy. 5. The sources and amounts of funding anticipated to complete financing of the traffic calming mitigations were collected witli tlie project ($100,000). 3. Tl'ie approximate dates on whicli tlie funding for tlie iinprovements is expected to be deposited into tlie appropi'iate accoui'it are idei'itified below. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Total Estimated Cost Fund Balance 6/30/2021 Expected to be Fuuded by Fees Sources and Amounts of Funding Anticipated to Complete the Project Traffic $100,000 $107,715 Canning iix Adjacent Neighborlio ods 100% Project fully funded Estimated Date for Funding to be Deposited in Fund Estimated Beginning Date Estimated Completion Date Fees have Fail/2021 been collected. Developmei'tt Project con'ipleted June 2018 June 2023 Pagei 16 Attacl'u'nent A Annual Report Ainount of Fee: Estimated Full Cost of tlie Study and potential iinprovements. FY2020-2l Trust Fund Activity Balance at 7/1/2020 Fees Collected Ii'iterest Expended Refunded Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $106,386 o $1,329 o o $107,715 Inception To Date Atnount $100,000 Repayment Date (est.) $7,715 o o $107,715 Loans/Transfers June 2023 Page 17 Attachn'ient A Dept.: Public Works Project: Creek Trail Improvements along Calabazas Creek Local Authority: TM-2012-04: Condition of Approval No. 47 Five Year Reporting & Findings Requirement: Provided for information only. Five years have not elapsed since initial deposit. 1. Tlie puipose of the Creek Trail Iinprovements along Calabazas Creek contribution is to adn'iinister a creek trail plan, the necessazy approvals, and iinproven'ients for a new trail along Calabazas Creek from Vallco Parlcway to Interstate 280. Public facilities to be funded witli tlie fees were desciibed in: a. Main Street Cupertino: TM-2012-04: Condition of Approval No. 47 dated Septen'iber 20, 2012 for Tentative Map application ($65,000 collected) 2. A reasonable relationsliip exists between tlie Creek Trail Iinprovements along Calabazas Creek Fee and the purpose for wl'iicli the fee was cliarged ii'i tlxat development in tlie viciiuty of tlie proposed creek trail introduces additional pedestrian traffic to tlie area, causing tlie need to provide additional and alteri'iative means of pedestrian access and recreation to new residents aiid visitors to tlie development. Tlie need for a 'iiew creek trail, as it was identified dining the review of tlie project, remains. 3. Tlie sources and amounts of funding anticipated to complete financing of the project are identified below: * Developer Fair-Share Conti'ibutions fron'i other projects in tlie viciiuty of tlie proposed creek trail location 4. Tlie approximate dates on which tlie funding for tlie trail improvements is expected to be deposited into tl'ie appropriate account are identified in the Five-Year Report oi'i tlie next page. Pagel 18 Attacl'unent A Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Creek Trail Improvements along Calabazas Creek Annual Report Total Estimated Cost Fiuid Balance 6/30/2021 Expected to be Funded by Fees Sources and Amounts of Funding Anticipated to Complete the Project Estitnated Date for Funding to be Deposited in Fund $195,000 $70,016 100% Additional Developer Developer contributions Contributions obtained are needed to when complete the adjacent project properties redevelop. Anticipated Summei42022 Estimated Beginning Date Estimated Completion Date Fall/201 7 Winteil2023 Amount of Fee: Contribution equivalent to 1/3 of the estimated cost of creek trail plan FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Iiiterest - Expended Refunded Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $ 69,152 o $864 o o $ 70,016 Inception To Date Amount $ 65,000 Repayment Date (est.) $5,016 o o $70,016 Loans/Transfers Page 19 Attacl'unent A Dept.: Public Works Project: Parking Conversion Fund along Vallco Parkway Local Authority: TM-2012-04: Condition of Approval No. 67 Five Year Reporting & Findings Requirement: 1. Tlie pui'pose of tlie Parking Conversion Fund along Vallco Parkway is to enabIe tlie City to conveit tlie angled parlciixg spaces along tlie soutli side of Vallco Parlcway to parallel parkiiig spaces ai'id an additional east-bound traffic lane. Public facilities to be funded with the fees were described in: a. Main Street Cupeilino: TM-2012-04: Condition of Approval No. 67 dated 9/20/2012 for Tentative Map application ($450,000 collected) 2. A reasonable relationsl'ffp exists between tlie Parking Conversion Fund along Vallco Pai'kway and the purpose for wlncli the fund was collected in tliat new development is adjacent to this section of Vallco Parkway, and tlie develol:in"ient reduced tlie numlyer of east-bound lanes a pait of their project. Tlie Fund will permit the City to reestablisli the east-bound lane tliat was lost, due to tlie development, sliould it be found that tlie additional lane is necessaiy to serve tlie pulilic. The fund is based on tlie estimated cost to perforin the worlc. Tlie need for tlie funds, tliat were ide'iitified wlien the funds was imposed, remain, as tlie development project has not yet been completed, and tlie :[ull iinpact of traffic to tlus poilion of road lias not yet mateiialized. 3. Tlie soui-ces and amounts of funding anticipated to complete financiiig of tl'ie conversion were collected witli tlie project ($450,000). 4. Tlie approximate dates on wl'iich the funding for tlie conversion is expected to be deposited into tlie appropiiate account are identified below. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Parking Conversion Fund along Vallco Parkway Total Estimated Cost Fund Balance 6/30/2021 $450,000 $484,719 Expect ed to be Funded by Fees 100% Sources and Amounts of Funding Anticipated to Complete the Project No additional funds needed at tlffs time. Estimated Date for Funding to be Deposited in Fund Estiniated Beginning Date Estimated Completion Date Fees have June 2018 Jtme 2023 been collected. Development Project coinpleted June 2018 Page 120 Attacl'unent A Annual Report Amount of Fee: Estiii"iated Full Cost of tlie potential iinprovements. FY2020-21 Trust Fund Activity Bglpnce at 7/1/2020 Fees Collected Iiiterest Expended Refunded Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $478,734 o $5,985 o o $484,719 Inception To Date Ainouiit $450,000 Repayment Date (est.) $34,719 o o $484,719 Loans/Transfers June 2023 Pagei21 Attacl'unent A Dept.: Public Works Project: Funding of Neighborhood Cut-through Traffic and Parking Intrusion Monitoring Local Authority: TM-2011-03: Condition of Approval No. 49 Five Year Reporting & Findings Requirement: Provided for information only. Five years have not elapsed since initial deposit. 1. The purpose of tlie Fundiiig of Neigl'iborhood Cut-tl'irougl'i Traffic and Parliig Intrusio'i'i Monitoiing Fee is to monitor and address traffic and parliig iiitrusion, in neigliborlioods adjacent to tlie project site, due to tlie practices of employees who will work at tlie project site. Public facilities to lye funded witli the fees were desciibed in: a. Apple Campus 2: Ordiiiance 13-2114: Resolution Approviiig Apple Campus 2 Development Agi-eement - Section 3.13 and TM 2011-03: Condition of Approval No. 49 dated 10/15/2013 for Tentative Map Application ($850,000 collected) 2. A reasonable relationsl'iip exists between tlie Funding of Neigliborhood Cut-througli Traffic and Parkiiig Intrusion Monitoiing fee and tlie puipose for wl'iicli tlie fee was cliai-ged in tliat the traffic from the development, for wl'iicli tlie fee is to be used to n'ioi'iitor, lias not yet materialized because the development lias not been fully constructed or occupied. Tlie City will begin monitoring activitiesintliefallof20l7. Tlie$850,OOOfeewaslyasedonanestiinateoftliecosttoperform tlie monitoring and make n'iiiior modifications to address traffic and parking intrusion concerns. Tlie need for traffic and parl6ng iiitrusion monitoring, as it was identified duriiig tlie review of tlie project, remains. Tlie traffic, for which tlie fees are to be used to monitor, lias not yet materialized. 3. The sources and amounts of funding anticipated to complete monitozing and improvements were. collected witli tl'ie project ($850,000). 4. Tlie approximate dates on wl'iich tlie funding for tl'ie monitoring is expected to be deposited into tlie appropriate account are identified lielow. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description TOtal Estimated Cost Fund Balance 6/30/2021 Fundiiyg of $869,223 $872,670 Neigliborhood Cut-through Traffic and Pai'king Intrusion Monitoring Expected to be Funded by Fees Sources and Amounts of Funding Anticipated to Complete the Project Estimated Date for Fiuiding to be Deposited in Fund Estimated Beginning Date Estimated Completion Date 100% Noadditional Fcdl/2017 Sumined20l7 Spring/2024 funds needed at this tin'ie. Page 122 Attaclunent A Annual Report Amount of Fee: Estimated Full Cost of tlie Study and potential iinproven'ients. FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Refiuided Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $861,897 o $10,773 0 IDAX & Stantec Consulting Contracts o $872,670 Inception To Date An'ioruit $850,000 Repayment Date (est.) $64,148 ($41,478) o $872,670 Loans/Transfers Page i23 Attachinent A Dept.: Public Works Project: Implement a Traffic-Adaptive Traffic Signal System along De Anza Blvd Local Authority: TM-2011-03: MitigationTRANS-13c Five Year Reporting & Findings Requirement: Provided for information only. Five years have not elapsed since initial deposit. 1. The purpose of tlie Traffic-Adaptive Traffic Signal System along De Ai'iza Blvd fee is to implement traffic-adaptive technology to the traffic signals along De Anza Blvd witl'mi tlie jurisdiction of tlie City of Cupeitino. Public facilities to be funded witli tlie fees were described in: a. Apple Campus 2: Ordii'iance 13-2114: Resolution Approving Apple Campus 2 Development Agreement - Section 3.13 and TM-2011-03: Mitigation TRANS-13c, dated 10/15/2013 for Tentative Map application ($50,000 collected) 2. A reasonable relationsliip exists between tlie traffic-adaptive traffic signal system along De Anza Blvd fee and tlie purpose for wliich tlie fee was cliarged in tliat new development will introduce additional traffic to De Ai'iza Boulevard, and 'inore efficient traffic signal tiiniiig will be needed to address tlie additional traffic. Tlie fee was based on a fair-sl'iare contiibution of the estiniated total cost to iiistall tlie traffic-adaptive technology. Tl'ie xieed for traffic-adaptive tecl'inology, as it was identified duiing tlie review of the project, remains. 3. Tlie sources and amounts of funding anticipated to complete tlie traffic-adaptive technology upgrades will be I:irovided througli fair-sl'iare contributions from other developers tliat iml:iact the cori'idor. I 4. Tl'ie approxiinate dates 011 wl'fflcli tlie funding for tlie traffic adaptive tecluiology is exl'+ected to be deposited into the appropriate account are identified below. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Total Estimated Cost Traffic- Adaptive Traffic Signal System along De Aiua Blvd $250,000 Fund Balance 6/30/2021 Expected to be Funded by Fees $53,858 IOOo/ Sources and Amounts of Funding Anticipated to Complete the Project Fair sliare contributions fi-om other developers that iinpact tlie coi'ridor Estimated Date for Funding to be Deposited in Fund Estitnated Beginning Date Developer contributions obtairxed when adjacent properhes redesie7op. Anticipated Swnmei42020 Fall/2019 Estimated Completion Date Suimnei' 2022 Page 24 Attadunent A Annual Report Amount of Fee: Based 011 Fair-Sliare Contribution assessed by engineels cost estin'iate FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Refunded Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $ 53,193 o $665 o o $ 53,858 Inception To Date An'ioruit $ 50,000 Repayment Date (est.) $3,858 o $53,858 Loans/Transfers Page 25 Attachnient A Dept.: Public Works Project: Interstate 280/Junipero Serra Channel Trail Improvements Local Authority: TM-2011-03: Mitigation PLAaS'T-3 Five Year Reporting & Findings Requirement: Provided for information only. Five years have not elapsed since initial deposit. 1. The pu'ipose of tlie Iiiterstate 280/Jui'iipero Serra Cliai'u'iel Trail Iinprovements fee is to paitially fund a feasibility study for a new trail along I-280/Jui'iipero Serra Chaiuiel from N. De Aa'iza Blvd to Calabazas Creek. Public facilities to be funded witli the fees were described in: a. Apple Campus 2: Ordinance 13-2114: ResoIution Approving AppIe Cainpus 2 Development Agreement - Section 3.13 and TM-2011-03: Mitigatioxi PLAN-3, dated 10/15/2013 for Tentative Map application ($250,000 collected) b. CupeitiiioPropertyDevelopment-HyattHouse-10380PerimeterRd:DP-2014-04: Condition of Approval No. 21, dated October 21, 2014, for Development Pern'iit application ($66,000 collected). 2. A reasonable relationsl'ffp exists between tl'ie I-280/Jruiipero Serra Cl'iai'uiel Trail Iinprovements fee, and tlie purpose for whicl'i tlie fee was cliarged, iii tliat the development in the vicii'iity of tl'ie proposed trail will introduce additional pedesti'ian and bicycle traffic between tlie new campus and tl'ie existing can'ipus, causing the need to provide additional and alternative routes lietween tl'ie developn"ients. Tlie need for a new trail study, as it was identified dtuing tlie review of the project, remains, as the study lias not yet completed. 3. Tlie sources and a'inounts of funding anticipated to complete financing of tlie study are identified below: * Developer Fair-Share Contiibutions from other projects in tlie vicinity of tlie proposed trail location. 4. Tlie approximate dates on wl-iidi tlie -[unding for the bridge inqprovements is expected to be deposited into tlie appropriate account are identified on tlie next page. t/ Page l 26 Attaclunent A Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Interstate 280/Junipero Sei'ra Cliaiu'iel Trail In'iprovements Annual Report Total Fund Estimated Balance Cost 6/30/2021 $500,000 $66,634 Expected to be Funded by Fees Sources and Amounts of Funding Anticipated to Complete the Project 100o/o Additional Developer Contributions are needed to complete the pro3ect Estimated Date for Funding to lye Deposited in Fund Developer contributions obtained when adjacent properttes redevelop. Ongoing. Estimated Estimated Beginning Completion Date Date Fall/201 7 Winter/2023 Amount of Fee: Contribution equivalent to approximately 60% of the estimated cost of implementation FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Refunded Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $65,812 Inception To Date Amount o $ 316,000 Repayment Date (est.) $822 o o $66,634 $14,959 Callander ($264,325) Assoc. Contract o $66,634 Loans/Transfers Page 27 Attachment A Dept.: Public Works Project: Contribution towards Stevens CreekBlvd. Bicycle Lane Improvements Local Authority: ASA-2018-01 : Condition of Approval No. 43 Five Year Reporting & Findings Requirement: 5. Tlie purpose of tlie Stevens Creek Blvd. Bicycle Lane Improvement fee is to paitially fiind upgrades to tlie bicycle lanes on Stevens Creek Blvd in order to ei'ihance tlie safety of tlie bicycle lanes. Public facilities to be funded witli the fees were described iii: a. Target Iinprovements: ASA-2018-01 : Coi'idition of Approval No. 22 dated August 14, 2018 for Arcl'iitectural Site Approval ($75,000 collected) 6. A reasonable relationsl'fflp exists between tlie Stevens Creek Blvd. Bicycle Lane hnproven'ients fee a'iid tl'ie pui'pose for wl'ffdi tlie fee was cliarged, in that tlie new developn'ient abuts Stevens Creek Blvd., and will introduce additional traffic to the area. Tlie need for tlie improvements to the bicycle la'iies, wl'ffcli were identified duiing tlie review of the project, remains. '7.. The sources and amounts of funding anticipated to complete f3nancing of the signal upgrades improvements are identified below: * Developer Fair-Sliare Conti'ibutions from otlier projects along Stevens Creek Blvd. * It is anticipated that the City of Cupertino General Fund will be used to supplement revenue from fees. 8. Tl'ie approximate dates on wliich the funding for tlie signal improvements is expected to be deposited into the appropriate account are identified below. Five-Year Report Incomplete Project that Was Identified When Imposing the Fee: Project Description Total Estimated Cost Stevens Creek $2,800,000 Bicycle Lane Improven'ients (Wolfe Rd to Hwy 85) Fund Balance 6/30/2021 $78,140 Expected to be Funded by Fees Sources and Amounts of Funding Anticipated to Complete the Project 3% Developer Contributions, and General Fund. Estimated Date for Funding to be Deposited m Fund Estimated Beginning Date Estimated Completion Date Wiizteil Spring/2021 Summeil2023 2021 Page 28 Attacl'unent A Annual Report Amount of Fee: Contril:+ution from developments, based on estimated costs to construct facilities along prol:ierty frontages. FY2020-21 Trust Fund Activity Balance at 7/1/2020 Fees Collected Interest Expended Refunded Balance at 6/30/2021 Purpose of Fiscal Expenditure Year $77,175 o $965 o o $78,140 Inception To Date .i'u'i'iount $ 75,000 Repayment Date (est.) $3,140 o o $ 78,140 Loans/Transfers Page 129