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REPORT - CONTRACT FOR PROFESSIONAL SERVICES AGREEMENT WITH URBAN ECONOMICS ON THE IMPACT FEE / NEXUS STUDY AND UPDATE
BACKGROUND: The purpose of this contract is to complete the Impact Fee / Nexus Study and Update for four existing impact fees and one new fee. The challenges to this project include, (1) outdated nexus analyses; (2) underfunded and outdated capital project lists; and (3) uncertain development demand and capacity. This project will help to address Council priority Tier 1, project 3, to create a plan to address infrastructure and deferred maintenance throughout the community.
RECOMMENDATION: It is recommended by the City Manager’s Office that the Council, by resolution, approve the Professional Services Agreement with Urban Economics of Oakland, CA, in the amount of $227,200 to prepare the Impact Fee / Nexus Study and Update.
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