Village 1 Infrastructure Fee

“To facilitate the infrastructure development of the Lincoln Village 1 Specific Plan (Village 1), the City of Lincoln and Village 1 parcel owners would substantially benefit from a cooperative development strategy. To this end, providing a comprehensive delineation of the major infrastructure elements identified in the Specific Plan offers a viable tool for implementing a development solution in a coordinated manner. … As a requirement of tentative map approval and development agreement, an infrastructure finance plan was developed to build Village 1 with an orderly progression of implementation. All development agreements within Village 1 will be subject to this finance plan.”

“The Village 1 Plan Area Fee is planned to contain the following fee components: • Infrastructure Fee. • Neighborhood Park Development Fee. • Neighborhood Park Land Acquisition Fee. • Administration Fee." and "The Village 1 Plan Area Fee Infrastructure Fee Component contains the following categories of improvements and costs: • Roadway facilities. • Sanitary sewer facilities. • Potable water facilities. • Non-potable water facilities. • Storm drainage facilities. • Trail facilities. • Other Village 1 facilities.”

“The Village 1 Plan Area Fee Program will be a City-implemented plan area–specific development impact fee program applicable only to Specific Plan Area land uses.”

2016-09-13

“VILLAGE 1 INFRASTRUCTURE FINANCE PLAN - (1) Conduct a public hearing to review the Village 1 Infrastructure Finance Plan; (2) Find that the Village 1 Specific Plan Final Environmental Impact Report (SCH# 2010102018) adequately considered the impacts of the proposed Infrastructure Finance Plan and no further environmental review is require pursuant to California Environmental Quality Act (CEQA) Guidelines section 15162 and Public Resources Code section 21166, and further, that the project is exempt from further environmental review pursuant to that Government Code section 65457 and CEQA Guidelines section 15182 applicable to development consistent with an adopted Specific Plan; and (3) Adopt RESOLUTION 2016-183 approving the Village 1 Infrastructure Finance Plan. (Wheeler)”

Resolution No. 2016-183

“VILLAGE 1 INFRASTRUCTURE FINANCE PLAN - (1) Conduct a public hearing to review the Village 1 Infrastructure Finance Plan; (2) Find that the Village 1 Specific Plan Final Environmental Impact Report (SCH# 2010102018) adequately considered the impacts of the proposed Infrastructure Finance Plan and no further environmental review is require pursuant to California Environmental Quality Act (CEQA) Guidelines section 15162 and Public Resources Code section 21166, and further, that the project is exempt from further environmental review pursuant to that Government Code section 65457 and CEQA Guidelines section 15182 applicable to development consistent with an adopted Specific Plan; and (3) Adopt RESOLUTION 2016-183 approving the Village 1 Infrastructure Finance Plan. (Wheeler)”

“Village 1 Plan Area Fees will be collected before City approval of the first final small lot subdivision map in any of a property owner's property that is identified in his or her respective DA, subject to specific collection procedures as described herein.”

City of Lincoln, the agency that levies it

“The proposed Village 1 Plan Area Fee Program is anticipated to be implemented by the City through approval of this Financing Plan and through the subsequent execution of DAs between the City and each Village 1 property owner. The fee will be effective after the Financing Plan is approved and DAs are executed, which is anticipated to occur before the first final small lot map is approved in Village 1.”

“The Neighborhood Park Development component will not be payable by nonresidential development." and "The Neighborhood Park Land Acquisition component will not be payable by nonresidential development.”

“At his or her election, a Constructing Entity (developer or property owner) may convert fee reimbursements to fee credits for use anywhere in the property identified in that property owner's DA and subject to a particular phase designation. … Fee credits will be expressed as a dollar amount to be used to offset the Village 1 Plan Area Fee. … All fee reimbursements, including those converted to fee credits, shall only apply against the Village 1 Plan Area Fee Program element for which funding was advanced. In other words, the City will not permit a property owner to be reimbursed or use fee credits against the Village 1 Plan Area Fee—Infrastructure component for dedicated park land or for a constructed park.”

“As described in more detail below, development in Phases 1 and 2 will be subject to a Phases 1 and 2 Initial Base Infrastructure Fee (Initial Base Fee). The purpose of the Initial Base Fee is to result in a situation where the initial Phases 1 and 2 developers end up with the same relative amount of infrastructure oversizing relative to each other. Subsequent Village 1 development will continue to be subject to the Initial Base Fee until the Phases 1 and 2 developers no longer have any outstanding cash reimbursements owed to them.”