BIA Raises Questions In Oakley
BIA|Bay Area and its members are raising a number of questions about Oakley’s updated park and traffic impact fee nexus studies, which will be discussed at a public workshop on March 14, 2017. The studies recommend an 18.5 percent reduction in the city’s traffic fee and a 15 percent increase in the park fee. But Oakley’s housing prices have not returned to pre-recession levels and production has stalled, which suggests that the market cannot withstand fee increases and would likely benefit from cost reductions. Click here to download the staff report and draft studies. Click here to download BIA|Bay Area’s comment letter to Oakley. For questions or comments, contact BIA’s Lisa Vorderbrueggen at email@example.com or 925-348-1956. The city expects to schedule a public fee hearing on April 11, 2017, and, if adopted, the new fees would go into effect on July 1, 2017.