2. The Chula Vista Model October 15-17, 2003 DIF Roundtable

3. Overview Fully integrated with the Land Use entitlement process Eight (8) fee programs -- $400 million Large scale developments allow for equitable cost distribution

5. Entitlement Process Tied to DIFs GMOC EIR GDP SPA PFFP TM/FM Fees w/ Building Permit Thresholds established Fees Collected NEXUS TIMING FINANCING

6. Growth Management General Development Plan SPA Plan / Public Facility Financing PlanTentative Map Threshold Standards Ensure compliance at buildout Ensure compliance at each phase of development Conformance with City thresholds Public Facilities Requirements Determine buildout requirements -- designate project phasing Identify facilities needed at each phase of development Require construction of City facilities when needed Facility Financing Identify financing options Identify facility costs, developer share, and financing methods Ensure City finance mechanisms set up prior to development

7. Public Facilities Financing Entitlement Requirement Needs assessment (new & existing facilities) Site future facilities Estimate costs Phasing and timing DIFs are one option for financing

8. Chula Vista DIF Programs

9. Residential Developers’ Fee Allocation

11. Considerations TDIF is in developing areas Large landholdings by developers Excludes r/w costs Can finance large projects Fees increase housing costs ~~ improve quality of life

13. TDIF Elements $223 million budget Most facilities developer-built Timing ~~ an entitlement requirement Developers hold credits or pay cash Extensive audit program

14. TDIF 1999-2003 Average construction rate >$1 million per month 15 completed major roadways: $ 50.3 m 9 current projects: $41 m

15. Process Detailed cost estimates Extensive land use inventory Precise basis for exaction Frequent updates is a KEY Credit accounting essential

16. Economic Incentives Credits Funding from outside sources TDIF credit options City Council “grants” credits to projects OR Outside funding reduces TDIF budget

17. Otay Ranch Sunbow Rancho Del Rey San Miguel Ranch Rolling Hills Ranch Eastlake San Miguel Ranch Master Planned Communities S

18. Infrastructure Districts

19. Residential Units Permitted

20. Establishing Nexus Legal aspects Existing City standards Impacts from new development Development’s share The City’s share

21. PFDIF Components $112 million Civic Center Exp Police Facility Public Works Libraries Fire Suppression GIS Computer Systems Telecomm Records Management Recreation

22. Service Demand Factors Public Facilities Public Works Center ~~ TDIF coefficients All other components ~~ FIND Model percentages

23. Police Service Demand Sources

24. Fire Service Demand Sources

25. F ee Calculation - PFDIF Project $$$ X Demand factor Spread over remaining DUs, acres Apply credits Earned interest on fund balance Other offsetting revenues

26. Annual Updates Population estimates / Staffing needs Site acquisition Construction costs Insurance costs Financing

27. Future Public Parks

28. F ee Calculation - Parks Citywide standard Per-household population Site acquisition Development costs

29. Implementation Cornerstones Staffing and training Regular updates of impact fees Refinement of nexus Commitment to process Communication with developers

30. Staffing & Training Permit processing Tracking future development potential Special District financing Construction project oversight Reimbursement and credit tracking

31. Refinement of Nexus Update land uses & facilities Modify ADT (non-residential) Change DU from designation to density Update cost estimates

32. DIF Implementation Financing & Acquisition Agreement Directives & Procedures Audits Trust Accounting Credit Management Developer Constructed Facilities

33. 100% DIF Credit Process Audit developer costs City authorization to construct Contract and change orders Invoices, checks, lien releases Inspector sign off Certifications

34. Form 1 Deposit activity Multi-level reviews & approvals

35. (Photo)