Park Development Impact Fee

“The Park Impact Fee Nexus Study, pursuant to the Mitigation Fee Act, established the legal and policy basis to allow the city to impose a park development impact fee (PIF) on new residential and non-residential development.”

“[1] Includes Citywide parks (Regional parks, Linear Parks/Parkways, Open Space) and facilities (Community Centers, Outdoor Pool Facilities).”

“A set of PIF rates are assigned to type of development and location in the city (e.g, Central City or Remaining City), with evaluation of PIF rates every fiscal year.”

2017

“New residents and employees create the need for additional parks and park facilities. A set of PIF rates are assigned to type of development and location in the city (e.g, Central City or Remaining City), with evaluation of PIF rates every fiscal year. (Ord. 2017-0011 § 2)”

“New residents and employees create the need for additional parks and park facilities. A set of PIF rates are assigned to type of development and location in the city (e.g, Central City or Remaining City), with evaluation of PIF rates every fiscal year. (Ord. 2017-0011 § 2)”

“In accordance with California Government Code section 66007, when a fee is imposed on a residential development project, the fee must be paid on the date of the final inspection or the date the certificate of occupancy is issued, whichever occurs first, unless subsection C applies.”

City of Sacramento, the agency that levies it

“The city shall collect the fees and deposit them in the appropria[TRUNCATED AT CAPTURE — read the live section for the remainder]”

“Through the Park infrastructure fund, the city can reimburse landowners and holders of development credits for costs incurred to construct park facilities as provided in section 18.56.240. The landowner that dedicates a park and choses to construct the park can enter into a Park Development Impact Fee Credit Agreement, or Turnkey Agreement. The City Council would issue development credits against the park impact fee for park facilities constructed by a landowner.”