Title
North Natomas Public Facilities Land Acquisition Fee Update 2024 (Noticed 04/19/2024 and 04/25/2024)
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FileID
File ID: 2024-00546
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Location
Location: Districts 1, Represented by Councilmember Kaplan; District 3, Represented by Mayor Pro Tem Talamantes
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Recommendation
Recommendation: Conduct a Public Hearing and upon conclusion, adopt a Resolution increasing the Public Facilities Land Acquisition Fee for the North Natomas Land Acquisition Program.
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Contact
Contact: Mary Jean Rodriguez, Senior Development Project Manager, (916) 808-1980, mrodriguez@cityofsacramento.org; Sheri Smith, Special Districts Manager, (916) 808-7204, ssmith@cityofsacramento.org, Department of Finance
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Presenter
Presenter: Mary Jean Rodriguez, Senior Development Project Manager, (916) 808-1980, mrodriguez@cityofsacramento.org
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Attachments
Attachments:
1-Description/Analysis
2-Background
3-Current and Proposed Fee Schedule
4-Resolution
5-Exhibit A (Fee Update)
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Description/Analysis
IssueDetail
Issue Detail: The North Natomas Financing Plan (NNFP) adopted by Council Resolution No. 1994-0495 and updated on several subsequent occasions, includes a land acquisition program (LAP) to ensure the City's timely acquisition of public land for installation of infrastructure and other public facilities. Additional information on the LAP is included in the Background section of the report.
Since 1997, the North Natomas Public Facilities Land Acquisition Fee (Fee) has been paid into the LAP by developers who pull building permits, and credits have been issued to developers as compensation for lands they dedicate to the City. Under the California Mitigation Fee Act (Government Code ? 66000 et seq.) and City Code Chapter 18.24, Article III, Fee revenues must be used either to acquire land or to purchase outstanding fee credits when the City determines that it no longer needs the revenues to acquire LAP lands. Landowners dedicating more than the...
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