Description of Item:
On June 18, 2019, the Board of Directors held a joint study session with the Hayward City Council to discuss the update to the City's Park Facility Fees. The City has done additional study and public outreach on the matter and requested to make a presentation to the HARD Board to provide an update on the process. Attached is the final nexus study and staff reports from the City.
In summary, City staff recommends the following changes to the City of Hayward’s park impact fees and Municipal Code:
• Park impact fees should be assessed by bedroom count for residential dwelling units, ranging from $3,091 for studios and accessory dwelling units, and up to $21,211 for a unit with four or more bedrooms.
• Park impact fees should be assessed on industrial development at a rate of $0.55 per square foot.
• Exemptions for park fees should be expanded to include all 100 percent affordable projects (affordable to households up to 120 percent of the Area Median Income) by non-profit developers.
• Park fees should be reduced by 50 percent for 100 percent affordable projects by for-profit developers and for affordable units built on site.
• Credits should be allowed for park and recreation facilities that exceed code requirements, are publicly accessible, and receive approval from the HARD Board of Directors