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File #: 24-1672    Name:
Type: Consent Item Status: Agenda Ready
File created: 10/7/2024 In control: City Council
On agenda: 10/29/2024 Final action:
Title: APPROVE AN AGREEMENT WITH REVENUE & COST SPECIALISTS, LLC (RCS) TO STUDY THE CITY'S COMMUNITY DEVELOPMENT AND IMPACT FEE STRUCTURE FOR AN AMOUNT NOT TO EXCEED $47,700
Attachments: 1. Administrative Report, 2. Agmt - Original Agreement with Revenue & Cost Specialists, LLC (RCS), 3. Insurance - Revenue & Cost Specialists, LLC (RCS), 4. Proposal for City of Redondo Beach - Development Impact Fee Study
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To: MAYOR AND CITY COUNCIL
From: MARC WIENER, COMMUNITY DEVELOPMENT DIRECTOR

TITLE
title
APPROVE AN AGREEMENT WITH REVENUE & COST SPECIALISTS, LLC (RCS) TO STUDY THE CITY'S COMMUNITY DEVELOPMENT AND IMPACT FEE STRUCTURE FOR AN AMOUNT NOT TO EXCEED $47,700
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EXECUTIVE SUMMARY
The proposed study aims to assess and provide recommendations on the City's development application fee structure, the current costs to provide permit services, and the nexus between fees and community impacts. The results are expected to provide the City with the knowledge and tools needed to ensure it employs best practices for fee recovery and maintains policies that balance the cost to issue a permit against community impacts and the current level of service.

BACKGROUND
The FY 2024-25 Budget includes $40,000 of funding to perform a fee study to evaluate Community Development fees and determine the best approach to cost recovery. City staff transmitted a Request for Qualifications (RFQ) on July 2, 2024 to three qualified firms that study Community Development Fees. The City received two proposals and is recommending the selection of Revenue and Costs Specialists, LLC (RCS). RCS has been providing cost allocation plans and other costing services since 1980. They have significant experience performing cost of service analyses and organizational and process audits for various jurisdictions in California. An RCS study of just the City's Development Application Fees would cost $19,950.

Additionally, the City's Strategic Plan was updated to include an objective to commission a nexus study for the City's Development Impact Fees, which is needed periodically to ensure the fees are appropriately calculated. The City currently collects the following Development Impact Fees:

1. Park In-Lieu
2. Park Land Acquisition, Open Space & Park Improvements
3. Public Art
4. Wastewater System

In response to City Council direction, staff requested that RCS, in addition to the proposal ...

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