Oakley will restore its pre-Great Recession traffic and parks impact fee levels for residential development starting Oct. 1, 2015, a decision that will add nearly $15,000 to the cost of permitting a single-family house in the eastern Contra Costa County community. BIA|Bay Area Board Chairman Dave Sanson urged the City Council at its meeting on May 26, 2015, to spread out the financial impacts over a two-year period. An abrupt fee resumption following a four-year discount period could postpone or kill planned housing developments and ultimately leave the city with less overall fee revenue, Sanson said. A housing slowdown would also hurt the city's push to attract more commercial development, which follows rooftops. But Oakley officials sided with staff projections showing the city will issue 180 housing permits in 2015-2016 and collect more than $1 million in added fees. By comparison, Oakley issued 77 permits in 2014. The city opted, however, to retain the incentives for non-residential development projects.
Click here to download agenda and Item 6.2 staff report.
Click here to watch meeting video.
Click here to download city traffic and park fees comparison chart.
