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HomeMy WebLinkAboutMINUTES - 07141987 - S.3 s. 3 TO: BOARD OF SUPERVISORS FROM: Supervi or r Yorl akson Contra July 4, 1�%7 �,�,n Request for hearing to adjust fees for Highway ` wa DATE; project ( lane addition) C SUBJECT; SPECIFIC REQUEST(S) OR RECOMMENDATION(S ) & BACKGROUND AND JUSTIFICATION RECOMMENDED ACTION: Refer to Transportation Planning to set hearing date as soon as possible for the purpose of adjusting fee"s for Highway 4 interim project. BACKGROUND INFORMATION: Additional research by the Transportation Planning Department indicates fees collected to finance the Highway 4 lane addition, should be at least $342 per dwelling unit instead of the $230 originally proposed. Itialso became apparent during that research that it may become, necessary to restructure the loan repayment due to a possible premium required at the beginning of the loan repayment period. ( based upon percentage of projected growth rather than on the current proposal of a 1/3-1/3-1/3 ratio between Pittsburg, Antioch and Contra Costa County) A fee increase is needed as soon as possible to meet the schedule of payments for the additional lane plan for Highway 4 and to allow for a possible premium, which the county would"have to .pay. CONTINUED ON ATTACHMENT; YES SIGNATURE; I RECOMMENDATION OF COUNTY 'ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATUREISI: ACTION OF BOARD ON ':' July 14, 1987 APPROVED AS RECOMMENDED OTHER X REQUESTED Transportation Division to set hearing date as soon as possible for the purpose of adjusting fees for Highway 4 interim project; and REQUESTED Community Development Director to report on capacity of additional lane and comparison data on housing projects in East County. VOTE OF SUPERVISORS 1 HEREBY CERTIFY THAT THIS IS A TRUE X UNANIMOUS (ABSENT — AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. CC: Community Development ATTESTED J /9 7 County Administrator ---- -- PHIL BATC LOR. CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR BY — M382%7-83DEPUTY