Memorandum
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The memorandum discusses the Fiscal Year 2024-2025 Annual Traffic Impact Fee Report for the City of San José. It recommends accepting the report, which details the status of four traffic impact fee programs: North San José, Evergreen-East Hills, US-101/Oakland/Mabury, and Interstate 280/Winchester Boulevard. The report is prepared in accordance with the Mitigation Fee Act and includes information on the fees collected, expenditures, and future funding expectations. The report is intended to ensure compliance with legal requirements regarding the management of impact fees collected from new developments.
Key points
- The report covers the period from July 1, 2024, to June 30, 2025.
- It includes details on four traffic impact fee programs.
- The report combines annual and five-year reporting requirements as authorized by the Mitigation Fee Act.
- The City expects significant funding from local and state sources for transportation improvements.
- The report will be made available to the public and presented to the City Council.
Limitations
- The document includes unresolved placeholders such as the date and specific fee amounts.
- Some sections of the text are truncated and do not provide complete information.
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