20.550.050 Incentives.
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A. Purpose. The below incentives are intended to encourage development within the Transit Overlay District that is in keeping with the guidelines of this section.
B. Applicability. These incentives shall only be made available to any development which meets the use provisions of section 20.550.040(A) and the minimum design standards of sections 20.550.040 (B) Pedestrian Access, (C) Landscaping and Walls, Hedges and Fences, (D) Building Orientation, (E) Building Frontage, (F) Setbacks, (G) Blank Walls, and (H) Parking.
C. Transportation Impact Fee Reduction. In recognition of the potential reduction in vehicle trip demand that may result from the implementation of transportation demand management measures, a reduction of the transportation impact fee (TIF) may be granted pursuant to this Section with the implementation and maintenance of the corresponding action in Table 20.550.050-1.
1. The maximum reductions identified in Table 20.550.050-1 are based on nationally-accepted relationships between transportation demand management measures and traffic generation.
2. For actions which require regular maintenance, as noted in Table 20.550.050-1, the TIF reduction granted shall be revoked and the amount of the reduction shall become due if the regular maintenance is discontinued in whole or in part during the six years following the granting of the TIF reduction.
|
Table 20.550.050-1 Traffic Impact Fee Reduction |
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|---|---|---|
|
Action |
TIF Reduction |
|
|
1 |
Construction of direct walkway connection to the nearest arterial |
1% |
|
2 |
Installation of pedestrian-convenient information kiosk, with maintained information1 |
2% |
|
3 |
Installation of on-site sheltered bus-stop (with current or planned service) or bus stop within 1/4 mile of site with adequate walkways if approved by C-TRAN |
1% |
|
4 |
Installation of bike lockers |
1% |
|
5 |
Commercial development which would be occupied by employer subject to Commute Trip Reduction Ordinance |
4% |
|
6 |
Voluntary compliance with Commute Trip Reduction Ordinance1, where compliance is not required |
5% |
|
7 |
Connection to existing or future regional bike trail (either directly, or by existing, safe access) |
1% |
|
8 |
Direct walk/bikeway connection to destination activity (such as a commercial/retail facility, park, school, etc.) if residential development, or to origin activity (such as a residential area) if commercial/retail facility |
2% |
|
9 |
Construction of on-site internal walk/bikeway network |
2% |
|
10 |
Installation of parking spaces which will become paid parking (by resident or employee)1 |
3% |
|
11 |
Installation of preferential carpool/vanpool parking facilities1 |
1% |
|
12 |
Regular distribution of Transportation Demand Management information packet to all new tenants1 |
1% |
|
TOTAL IF ALL STRATEGIES WERE TO BE IMPLEMENTED |
24% |
|
1Requires regular maintenance of program.
D. Density Bonus. Any development within Tier 1 of the Transit Overlay District shall receive a density bonus equal to the percentage shown in Table 20.550.050-2 if five or more of the actions listed in Table 20.550-.050-1 are implemented. These bonuses are in addition to base zoning bonuses, if the required criteria are met. Any development within Tier 2 of the Transit Overlay District shall be entitled to this incentive provided that the requirements of Section 20.550.040(D) Building Orientation, Section 20.550.040(E) Frontage and Section 20.550.040(F) Maximum setback are met.
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Table 20.550.050-2 Density Bonus |
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|---|---|
|
Residential |
125% of maximum density requirement |
|
Non-residential |
N/A |
|
Mixed-use (residential and nonresidential) |
Determine bonus separately for each use according to this Table |
E. Redevelopment of Parking Spaces. The minimum number of parking spaces required by Section 20.550.040(H) may be reduced by 10% to allow any structure existing prior to the adoption of this ordinance to be expanded. (Ord. M-3922 § 27, 07/06/2009; Ord. M-3643, 01/26/2004)