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HomeMy WebLinkAboutAgenda Report - November 18, 2020 G-02 PHAGENDA ITEM G , rz t&% CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Public Hearing to Consider Adoption of a Resolution Setting the San Joaquin County Multi -Species Habitat Conservation and Open Space Plan Development Fees For 2021 MEETING DATE: November 18, 2020 PREPARED BY: Community Development Department RECOMMENDED ACTION: Public Hearing to consider adoption of a resolution setting the San Joaquin County Multi -Species Habitat Conservation and Open Space Plan Development Fees for 2021. BACKGROUND INFORMATION: On February 21, 2001, the City of Lodi adopted the San Joaquin County Multi -Species Habitat Conservation and Open Space Plan (SJMSCP). The Plan includes a schedule of fees to be paid by property owners who propose to develop their property with non-agricultural uses. These fees are used to mitigate for the cumulative impacts of new development on habitat lands within Lodi and San Joaquin County. It is necessary for all jurisdictions covered by the Plan to approve the Habitat Conservation Plan (HCP) fees in order for the jurisdiction to continue to participate in the Plan. The fees are reviewed on an annual basis. The 2021 per acre fees for all categories of habitat land have an overall increase of 35.4 percent in the Multi-purpose, Agricultural and Natural habitat classifications from the prior year primarily to a rise in the land acquisition component for agricultural land price values of comparable sales and part of the endowment related to enhancement costs for preserves being updated to current costs. Open Space lands have increased from $6,412 to $8,682. Agriculture and Natural lands (the two largest categories) have increased from $12,822 to $17,363. Fees for Vernal Pool (grasslands) habitat lands increased from $52,833 to $71,544 and Vernal Pool (wetted lands) increased from $100,788 to $161,286. The San Joaquin Council of Governments Board approved the attached HCP fee schedule for 2021 during their August 2020 board meeting. The Board coordinates the review of land costs to ensure that the attached land mitigation costs will satisfy habitat conservation and purchases. All local jurisdictions are requested to approve the new fee schedule that will take effect on January 1, 2021. FISCAL IMPACT: Not applicable. FUNDING AVAILABLE: Not applicable. John R. ella Monica, Jr. Commur{ity Development Dire r Attachments: i 1) Fee Schedule for 2021 2) SJCOG Staff Report w/Fee Analysis Update summary APPROVED: Stephen SchWabader, City Manager SJCDG, Inc. Sol Jobmck CHAIR Leo Zuber VICECHAIR Andm T. Cl e ley PRESIDENT Member Agencies CTnESOF ESCALON, LATHROP, LODI, MANTECA, RIPON, STOCKTON, TRACY, AND THECOUNTYOF SANJOAQUIN SJCOG, Inc. 555 East Weber Avenue • Stockton, CA 95202 • (209) 235-0600 • FAX (209) 235-0438 San Joaquin County Multi -Species Habitat Conservation & Open Space Plan (SJMSCP) 2021 Updated Habitat Fees* Habitat Type Fee Per Acre Multi -Purpose Open Space $81682 Natural $17,363 Agriculture $17,363 Vernal Pool - uplands $71,544 Vernal Pool - wetted $1611286 * Effective January 1, 2021 —December 31, 2021 2021 Endowment Fees with In -lieu Land** ** Effective January 1, 2021 — December 31, 2021 in lieu of fees to be used as the endowment for the dedicated land preserves (Category B + Q based on impacted acres. VELB Mitigation A special fee category shall apply when removal of the Valley Elderberry Long -horned Beatle (VELB) habitat of elderberry shrubs occurs. The fee shall be paid to SJCDG, Inc. or a VELB mitigation bank approved by the Permitting Agencies. The current fee, as established in the VELB Conservation Fund Account managed by the Center for Natural Lands Management, and approved by the USFWS, is $1,800 per VELB Unit (one unit= one stem over 1" in diameter at ground level which is removed). Fees shall be established by the JPA during preconstruction surveys (i.e., counts of stems to be removed with and without exit holes shall be completed during preconstruction surveys) and shall be paid to the JPA prior to ground disturbance or stem removal, whichever comes first. Enhancement Land TOTAL PER Type of Preserve Cost/acre Management ACRE Cost/acre ENDOWMENT Agricultural Habitat Lands $4,942.00 $681.00 $5,623.00 Natural Lands $4,942.00 $681.00 $5,623.00 Vernal Pool Habitat Vernal Pool Grasslands $12,826.00 $1,682.00 $14,508.00 Vernal Pool Wetted $103,580.00 $1,649.00 $105,229.00 ** Effective January 1, 2021 — December 31, 2021 in lieu of fees to be used as the endowment for the dedicated land preserves (Category B + Q based on impacted acres. VELB Mitigation A special fee category shall apply when removal of the Valley Elderberry Long -horned Beatle (VELB) habitat of elderberry shrubs occurs. The fee shall be paid to SJCDG, Inc. or a VELB mitigation bank approved by the Permitting Agencies. The current fee, as established in the VELB Conservation Fund Account managed by the Center for Natural Lands Management, and approved by the USFWS, is $1,800 per VELB Unit (one unit= one stem over 1" in diameter at ground level which is removed). Fees shall be established by the JPA during preconstruction surveys (i.e., counts of stems to be removed with and without exit holes shall be completed during preconstruction surveys) and shall be paid to the JPA prior to ground disturbance or stem removal, whichever comes first. STAFF REPORT SUBJECT: RECOMMENDED ACTION: DISCUSSION: 8/2020 SJCOG, Inc. SJMSCP 5 -Year Financial Analysis Update and 2021 SJMSCP Development Fee Motion to 1) Approve Adoption of the 5 -Year Financial Analysis Update including Pursuing More Diverse Endowment Investment Tools and 2) Approve 2021 SJMSCP Development Fees as Adjusted Pursuant to the Financial Analysis Model Over the last many months, SJCOG, Inc. staff, Hausrath Economics Group (HEG) and the Habitat Technical Advisory Committee (HTAC) Financial Subcommittee have engaged in the required 5 -year financial update to the San Joaquin County Multi -Species Habitat Conservation and Open Space Plan (SJMSCP). The last reviews were in 2007, 2011 and 2016, respectively with a summary of those reviews as an Executive Summary (attachment 1) provided. 5 -yea r r1andaI aoaIKa Wlew For the 5 -year review financial analysis update, SJCOG, Inc. staff, HEG and the HTAC Financial Subcommittee (Table 1) reviewed the adopted model which estimates the costs of implementation for fulfillment of the SJMSCP permits and defines the three fee categories (Category A - Acquisition, Category B - Enhancement and Category C - Land Management, Monitoring & Administration). The three main areas of focus were the categories of the fee model regarding land costs to be used for mitigation, required restoration/enhancement costs on preserve lands, and monitoring, management and administration of the program and preserves. Table 1- Financial Subcommittee and Consultants Chairman, Megan Aguirre, SJ County John Beckman, BIA of the Great Valley Matt Diaz, City of Stockton Dan Gifford, Conservation Melissa Farinha/Ian Ralston, CA Department of Fish and Wildllife, HCP Representatives SJCOG, Inc. staff (Steve Dial, Steven Mayo, Laurel Boyd) Legal Counsel for SJCOG, Inc.: Rod Attebery, Neumiller & Beardslee Consultant for SJCOG, Inc.: Sally Nielsen, Hausrath Economics Group Consultant for SJCOG, Inc.: Doug Leslie, ICF Consultant for SJCOG, Inc.: Robert Spencer, Urban Economics The proposed 2021 SJMSCP development fees were adjusted using the recommended 2021 Fee - Proposed 2020 SJMSCP 5 -Year Financial Model Update for the respective categories and are Difference compared to the 2020 SJMSCP Development fees (Table 2) in the most common habitat Agricultural/Natural categories under the plan. The change is an overall increase of 35.4% in the most $12,822 commonly impacted categories of Agricultural and Natural habitat classifications from 11-0.0040, the prior year. The increase is due primarily to a rise in the land acquisition component 2017 (Category A) for agricultural land price values of comparable sales and part of the , endowment related to enhancement (Category B) costs for preserves being updated to 2021 current costs. $6,511 Table 2- Compared 2021 & 2020 SJMSCP Development Fees - Most Common Fee Habitat Types Table 3 illustrates the history of the SJMSCP development fees over the years since the funding shortfall was noted by the permitting agencies in 2006. The fees can fluctuate primarily based on the Category A - acquisition component of the fee formula over time. Table 3- History and Annual Percentage Change for SJMSCP Development Fees Fee Category 2021 Fee - Proposed 2020 Fee - Adopted Difference Percent Change Agricultural/Natural $17,363 $12,822 $4,541 35.4% Table 3 illustrates the history of the SJMSCP development fees over the years since the funding shortfall was noted by the permitting agencies in 2006. The fees can fluctuate primarily based on the Category A - acquisition component of the fee formula over time. Table 3- History and Annual Percentage Change for SJMSCP Development Fees Fee Category 2007 Financial Update# 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Multi -Purpose Open Space $6,511 $6,165 $7,052 $7,307 $6,631 $7,195 $6,364 $6,656 $7,281 $7,807 $8,905 $9,701 $6,700 $6,412 $8,682 Agriculture/Natural $13,022 $12,329 $14,104 $14,615 $13,262 $14,372 $12,711 $13,295 $14,543 $15,596 $17,808 $19,400 $13,399 $12,822 $17,363 $69,858 (wetted) $71,125 (wetted) $78,353 (wetted) $80,760 (wetted) $77,720 $81,989 $78,311 (wetted) $80,972 (wetted) $85,631 (wetted) $90,273 (wetted) $109,737 (wetted) $116,871 (wetted) $101,033 (wetted) $100,788 (wetted) $161,286 (wetted) (wetted) (wetted) Vernal Pools $34,958 (upland) $35,143 (upland) $40,565 (upland) $42,071 (upland) $38,328 $41,534 $37,087 (upland) $39,047 (upland) $42,784 (upland) $46,869 (upland) $66,437 (upland) $72,523 (upland) $54,576 (upland) $52,833 (upland) $71,544 (upland) (upland) (upland) Percentage of Change Yearly -5.3% 14.4% -9.3% 8.4% -11.6% 4.6% 9.4% - 7.2% 14.2% 8.9% -30.9% -4.3% 35.4% 3.6% Projects participating under the SJMSCP benefit from a pre -determined streamlined processing of the project rather than navigating through a potentially very long, cumbersome and expensive regulatory process outside the habitat plan. By opting for participation, the project can choose any number of ways to provide mitigation for the impacts of the project through the plan and even control much of the mitigation, costs if desired. The options are: 1. Pay a fee; 2. Redesign the project to avoid/minimize impacts; 3. Provide land in lieu of the SJMSCP fee which the project will negotiate the easement/fee title costs (Category A component); or 4. Any combination of the above options. Or, the project proponent can choose to not participate in the plan (opt out) and fulfill mitigation requirements on their own with state and federal permitting agencies independently. RECOMMENDATION: The HTAC Financial Subcommittee and HTAC unanimously approved Categories A, B, C and the total proposed fee and recommend the SJCOG, Inc. Board to 1) Approve Adoption of the SJMSCP 5 -Year Financial Analysis Update including pursuing more robust investment opportunities for endowment funds, and 2) Approve 2021 SJMSCP Development Fees as Adjusted Pursuant to the Financial Analysis Model FISCAL IMPACT: Development fees provide funding for SJCOG, Inc. to mitigate project impacts covered under the SJMSCP permits for the subsequent calendar year beginning January 1St BACKGROUND: The HTAC Financial Subcommittee maintained the formula model for fee calculations to allow for response to market fluctuations and cost changes which need to be reflected in the mitigation fee. The formula is still categorized into three distinct components to better calculate an accurate fee per acre [FEE = Category A (acquisition) + Category B (assessment & enhancement) + Category C (management, monitoring & administration)] . Category A (acquisition) — Comparable Land Sales This category is directly related to land valuation based on comparable land sales in San Joaquin County in specific zones of the plan area (Central Zone, Central Southwest Transition Zone and Delta Zone) over an established 2 -year period meeting the established criteria used for comparable land sales (attachment 2). Cost estimates for this category will continue to be evaluated on a yearly basis by taking all qualified fee title comparable sales in each zone to set a weighted cost per acre similar to the methodology in the Financial Analysis Update in 2016 but without SJCOG, Inc. easement appraisals. This 2020 fee model update also revises the fee title/easement valuation percentage method for determining the cost of easement acquisition in the model to be lowered to 56% with a mid-term review of the 5 -year term based on the data collected by SJCOG, Inc. staff. The collected data by SJCOG, Inc. staff tracks easements by appraisals which indicate the value of the property in the "before" condition and the value of the property encumbered by the SJCOG, Inc. easement. This data (which only becomes a richer database over time) provides the basis for calculating average percentage of easement acquisition of fee title value that reflects actual SJCOG, Inc. experience with easement terms and conditions. The model update results in a 44% increase in the Agricultural/Natural Habitat types of Category A (Acquisition) component to be $11,740.00. The reason for the increase is the rise in comparable fee title land sale values. Category B (assessment & enhancement) — Refined Cost Factors The recommended changes to this category include updated and refined cost factors for biological site assessment, preserve enhancement and management planning, and preserve enhancement unit costs. These unit costs reflect current assessment of enhancement practices for different types of preserve lands. In addition, the updated analysis redistributes preserve acres between grasslands and agricultural landscapes to more accurately reflect the mitigation purposes described in the adopted SJMSCP. Going forward, the unit cost factors (per acre or per year for some items) will be adjusted only by the California CPI. However, the total cost for Category B is also a function of the SJMSCP Annual Report data updated annually with the acres remaining to be acquired and the number of years remaining in the permit term. The fee per acre is a function of those total calculated costs and the land conversion acres remaining. The model update results in a 29% increase in the Agricultural/Natural Habitat types of Category B (Assessment & Enhancement) component to be $4,942.00. Category C (Management, Monitoring & Administration) — Refined Cost Factors/Long Term Investment The recommended changes to this category include refined monitoring cost factors and updated management and administration cost factors that are based on analysis of SJCOG, Inc. spending in these categories. The update includes refinement to the approach to post -permit costs and pivoting to a more robust diversified endowment investment strategy for a higher return on investment yield that provides for a net annual yield of 3.25% after absorbing inflation and management costs. Annual cost updates will continue to use the California Consumer Price Index (CPI), as reported by the California Department of Finance, for the preceding 12 -month fiscal year (e.g. July — June) to keep up with inflation on an annual basis. The model update results in a 20% decrease in the Agricultural/Natural Habitat types of Category C (Management, Monitoring & Administration) component from prior years to be $681.00. In summary, the SJMSCP fees is calculated using the SJMSCP Financial Analysis formula model [FEE = Category A (acquisition) + Category B (assessment & enhancement) + Category C (management, monitoring & admin)] shown in final fee table 4 below and Attachment 3 (SJMSCP Cost and 2021 Fee Analysis). The overall result in the fee analysis is a 35.4% increase in the most commonly impacted Agricultural and Natural Habitat Classifications fees for 2021. Table 4 - 2021 SJMSCP Development Fees - Proposed Type Category A Category B Category C Total Fee Rounded Fee 7abitat Other Open Space $5,870.00 $2,471.00 $341.00 $ 8,682.00 $8,682 Natural/A Lands $11,740.00 $4,942.00 $681.00 $17,363.00 $17,363 Vernal Pool Grasslands $57,036.00 $12,826.00 $1,682.00 $71,544.00 $71,544 Vernal Pool Wetted $56,057.00 $103,580.00 $1,649.00 $161,286.00 $161,286 COMMITTEE ACTIONS: • HTAC FINANICAL SUB -COMMITTEE: Recommended Approval to HTAC • HTAC: Recommended Approval • Management and Finance: Information • Executive Committee: Information • SJCOG, Inc. Board: Action Required Prepared by: Steven Mayo, Program Manager Attachment 1- Exec Summary of All SJMSCP Financial Analysis Updates The SJMSCP fee is based on the original fee model from 1996 which was adopted with the federal and state take permits approval in 2001. After years of plan operation (2001-2005), a funding shortfall was noted in 2005/2006 which lead to a change in the model to calculate the SJMSCP fees moving forward over the life of the permits. The SJMSCP Development Fee is updated annually based on the model and the SJCOG, Inc. staff conducts a 5 -Year Review of the model to ensure transparency and accuracy of the SJMSCP Development Fee. The SJMSCP is in a 5 -Year Review cycle which pertains to the RFQ. This Fee Analysis Update will be used for establishment of the 2021-2025 SJMSCP Development Fees. The SJMSCP is operated under the premise that the development fees shall cover all the costs associated with the habitat plan for the acquisition of the mitigation lands (18,204 acres acquired - 2019 Annual Report), endowment funds associated with the mitigation preserve lands (e.g. enhancements, restoration, monitoring and reporting), development project coverage (e.g. biological review and take measures) and administration of the plan. Simply stated, the SJMSCP fees is calculated using the SJMSCP Financial Analysis formula model [FEE _ Category A (acquisition) + Category B (assessment & enhancement) + Category C (management & admin)]. The three components of the formula are adjusted using a specific mechanism which relates to the individual component in the fee based on the most current data. With the adjustments, the SJMSCP Fee has fluctuated up and down over the years as shown below. History and Annual Percentage Change for SJMSCP Development Fees The following summarizes the changes made during each prior 5 -Year Fee Analysis Updates: 2011 Fee Analysis 5 -Year Review 1. Third Party Costs - Under the SJMSCP, jurisdictions and development projects are provided `take coverage' of federal, state and other species through federal and state permits for conversion of open space to non -open space use under the habitat plan. The SJMSCP uses predetermined processes and mitigation requirements to allow streamlined processing of projects within San Joaquin County. Most participating projects flow through the streamlined processing and pre -determined mitigation established under the plan with easy. In the rare instance someone chooses to not comply or alter the streamlined processing under the SJMSCP, costs are incurred which the habitat fees do not capture (e.g. excessive staff time, legal costs, etc.). The HTAC Financial Sub -committee has recommended a Third Partv Reimbursement Agreement attachment 1,) be used with these specific instances. 2. Acquisition Legal Costs - The acquisition of conservation easements or fee title of land is required under the SJMSCP to fulfill the obligations of the permits. Over the course of 10 years pursuing and 2007 Fee Category Fluanclal 2008 2009^_1110 (111 '-UI'- 11113 2014 101; '-016 ?1117 1118 2019 2010 Updated Multi-Pupon Opcn $6,5t1 56 .1, $6,631 S- 1 V 1, .1 56,656 $7,281 $7,807 $6,905 $9,701 $6,700 $6,412 Space $13,022 512.329 $14.104 $14,615 $13,262 $14,372 $12.711 $13,295 $14,543 $15,596 $17,808 S19,400 $13,399 $12,822 Agriculture/Natural $69,858 $71,125 $78,353$80,760 $77,720 $81,989 578,311 $80,972 $85,631 $90,273 $109,737 $116,871 $101,033 $100.788 Vemal Pools (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) (wetted) $34,958 435,143 $40.565 $42,071 $38,328 $41,534 137,087 $39,047 $42.784 $46,869 $66,437 $72,523 $54,576 $52,833 (upland) (upland) (upland) (upland) (upland) (upland) (upland) (upland) (upland) (upland) (upland) (upland) (upland) (upland) Percentage of Cl-ge Yearly -5.3% 14.4% 3.6% -9.d% &4% -IL6", 46', 9.4` 72% 1427, 8.9% -309% The following summarizes the changes made during each prior 5 -Year Fee Analysis Updates: 2011 Fee Analysis 5 -Year Review 1. Third Party Costs - Under the SJMSCP, jurisdictions and development projects are provided `take coverage' of federal, state and other species through federal and state permits for conversion of open space to non -open space use under the habitat plan. The SJMSCP uses predetermined processes and mitigation requirements to allow streamlined processing of projects within San Joaquin County. Most participating projects flow through the streamlined processing and pre -determined mitigation established under the plan with easy. In the rare instance someone chooses to not comply or alter the streamlined processing under the SJMSCP, costs are incurred which the habitat fees do not capture (e.g. excessive staff time, legal costs, etc.). The HTAC Financial Sub -committee has recommended a Third Partv Reimbursement Agreement attachment 1,) be used with these specific instances. 2. Acquisition Legal Costs - The acquisition of conservation easements or fee title of land is required under the SJMSCP to fulfill the obligations of the permits. Over the course of 10 years pursuing and acquiring mitigation lands to offset the impacts under the permits, it has become evident the SJMSCP fees did not include a very important and common practice in the acquisition of mitigation lands which is the extensive review by legal experts on both sides of the acquisition process. Many steps have been taken to reduce the legal review of documents by standardizing form easement and purchase documents under the plan but each individual transaction can require minor alterations. The selling landowner is responsible for their legal review or consultation during the transaction but SJCOG, Inc. staff does error on the side of caution when alterations are requested in a transaction by having legal counsel review all documents. The HTAC Financial Sub -committee reviewed the costs of&gal involvement to acquire mitigation under the plan and concluded those costs were not being captured currently. To remedy this issue, the sub -committee recommended an increase of $17.45 per acre to a specific part of the Category C (Management and Administration) component of the financial mode. The $17.45 per acre increase to the Category C (Management and Administration) component will be made in the 2012 fee analysis and then after the Categry C (Management and Administration) component will be indexed only by CPL 3. Fee Analysis Comparable Land Sale Process - SJCOG, Inc staff and HTAC established a very transparent evaluation process for collection of comparable land sales within San Joaquin County to be used during setting the SJMSCP fees but it has not been formally adopted. The SJMSCP has used comparable agricultural land sales which fits the established criteria set by SJCOG, Inc. in 2006 to help establish the Category A (Acquisition) component of the fee. The use of comparable land sales has allowed the SJMSCP fee to be closely tied to actual San Joaquin County agricultural land costs of those properties which the habitat plan would seek for mitigation. The HTAC Financial Sub -committee recommends formal adoption of the evaluation process and criteria used to select comparable land sales to help establish the CategojyA (Acquisition) component of the SJMSCP fee. 4. SJMSCP Fee Title Comparable Sale Inflation Percentage - In the original model created and adopted by SJCOG, Inc. Board, the model used an inflation percentage to bring old land sales up to date with current land sales during the land boom experienced in 2002 — 2006. SJCOG, Inc. staff and sub -committee members agreed the current 10% did not reflect current times. After much discussion of SJMSCP easement acquisition costs and SJMSCP Financial Model sample runs in order to provide the most accurate, legally defensible and fair rate to be applied, the consensus was a reduction from the current 10% in the model for fee title sales to 6.1 % to be used for the next SJMSCP financial analysis cycle. The HTAC Financial Sub -committee recommends the reduction from 10% to 6.1 % for thefee title comparable sale inflation percentage applied to select comparable land sales to help establish the Categry A (Acquisition) component of the SJMSCP fee. 2015 Fee Analysis 5 -Year Review The overall structure of the SJMSCP financial analysis model was not changed in this update. One overall change in approach is to estimate costs for preserve acquisition, management, monitoring and administration for the remainder of the permit term (including costs in perpetuity) instead of for the 50 -year permit term. Dividing these costs by the remaining acres of land conversion results in the calculated fees. For the financial analysis update, the existing methods and data regarding costs associated with various parts of the SJMSCP. The three main areas of focus were the categories of the fee model regarding land costs to be used for mitigation, required restoration/enhancement costs on preserve lands, and monitoring, management and administration of the program and preserves. The detailed comparable analysis using actual agricultural real estate transactions in San Joaquin County will continue as the basis for the acquisition cost estimates as it has proven to be the most reliable indicator of market changes. Other SJCOG, Inc. data and information were incorporated into the updated Financial Analysis model for acquisition costs as well. Updated management and enhancement planning and restoration/enhancement costs for specific habitat types were provided by the SJMSCP land management firm, supplemented in a few cases with estimates from other conservation entities gathered. The SJMSCP land management firm also provided updated estimates for detailed monitoring costs. Financial Sub -committee analyzed the SJMSCP budget and consulted with staff and legal counsel for updates to project management, administration, and legal costs. Consultants and staff also evaluated alternatives of estimating post -permit costs and the amount of the endowment needed to fund those costs in perpetuity. 2018 Annual Fee Analysispdate (mid-term action) The Category A — Acquisition component of the fee model was altered by the Financial Sub -committee to stay in line with empirical data collected on easements under the habitat plan based on appraisal value to theoretical fee title value. The choice was made to adjust the easement to fee title value from 70% to 61 % for the remainder of the 5 -Year process and re-evaluate in the next update. 2020 Fee Analysis 5 -Year Review During the current review, the Financial Sub -committee made the following minor alterations to the fee model and process: 1. The Category A — Acquisition alterations by the Financial Sub -committee were removal of easement appraisal valuations from the comparable data cost per acre data leaving only fee title transactions under the established criteria, the reduction of easement to fee title value percentage from 61 % to 56% for this cycle with a mid-term review of the percentage. 2. The Category B component was updated with the most recent SJMSCP reporting from 2019 Annual Report, updated cost values for enhancement projects on preserves for the habitat type projects from the land management firm, and appropriation of mitigation land types by impact type (e.g. cross-over zone mitigation in Southwest Zone). 3. The Category C component consisted of updates to the administrative aspects of the plan, biological costs for project review and post permit functions of the endowment accounts with investment strategies (e.g. a more diversified portfolio for higher yield on investment) for preserves funds under the habitat plan to ensure funding. Attachment 2 — 2021 Fee Study Property List - Props 24 Month N �C Q 9 g xa 0 a a Attachment 3 — SJMSCP Cost and 2021 Fee Analysis FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/20/20 TABLE A.1 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category A Per -Acre Acquisition Cost Factors by Zone (2020 dollars) Central Zone Primary Zone of Southwest the Delta Zone 3 Fee title value' a $22,300 $12,500 na Easement percent of fee title value b 56% 56% na Easement costs a x b $12,488 $7,000 $1,000 1. SJCOG, Inc. Fee Study Property List, Table A and Table B 2. SJCOG, Inc. Appraisals as of June 2020 3. Based on standard easement cost in Southwest Zone of $1,000/acre SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - Al PerAcreCostFactorsbyZone - 7/20/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/20/20 TABLE A.2 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Per Acre Acquisition Cost by Preserve/Habitat Type ( 2020 dollars) 1. See Table A.1. 2. Percent of total lands in each category assumed to be in a given zone. Based on 1996 Economic Analysis. 3. Weighted average cost based on generalized proportion of total preserve land in each zone. Assumes easement acquisition for lands categoriz( as agriculture and all natural lands except vernal pool habitat. 4. Assumes fee title acquisition for vernal pool lands. Vernal pool habitat fee title land costs assumed to be about 80% of average Central Zone fee title costs. 5. Transaction costs include biological baseline reporting, appraisal, escrow, and survey costs. Costs are estimated at 5 percent of acquisition cost. SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - A2 PerAcreAcquisitionCost - 7/20/20 SJMSCP Zone Transaction Total Land Primary Zone of Southwest Total Weighted 5 Acquisition Central Zone the Delta Zone Acquisition Costs Costs Per Acre Preserve/Habitat Type Cost A B C A+B+C=D Dx5%=E D + E Easement cost by zone' d $12,488 $7,000 $1,000 Agricultural Lands Percent in zone Z e 98% 2% 0% Weighted costs 3 d x e $12,262 $126 $0 $12,388 $619 $13,007 Natural Lands Non -vernal pool natural lands Percent in zone Z f 77% 4% 18% Weighted costs 3 d x f $9,648 $311 $183 $10,142 $507 $10,649 Vernal pool grassland S4 n/a n/a n/a $17,840 $892 $18,732 Vernal pool wetted 4 n/a n/a n/a $17,840 $892 $18,732 1. See Table A.1. 2. Percent of total lands in each category assumed to be in a given zone. Based on 1996 Economic Analysis. 3. Weighted average cost based on generalized proportion of total preserve land in each zone. Assumes easement acquisition for lands categoriz( as agriculture and all natural lands except vernal pool habitat. 4. Assumes fee title acquisition for vernal pool lands. Vernal pool habitat fee title land costs assumed to be about 80% of average Central Zone fee title costs. 5. Transaction costs include biological baseline reporting, appraisal, escrow, and survey costs. Costs are estimated at 5 percent of acquisition cost. SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - A2 PerAcreAcquisitionCost - 7/20/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/20/20 TABLE A.3 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Total Acquisition Costs by Habitat Type, Remainder of Permit Term (2020 dollars Vernal pool grasslandsI $18,732 15,720.66 Vernal pool wetted $18,732 2,115.00 Sources: SJCOG, Inc., SJMSCP 2019 Annual Report, and Housrath Economics Group. $294,479,309 $39.618.180 SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - A3 AcquisitionCostHabitatType - 7/20/20 Land Preserve Acres Total Costs of Acquisition Remaining to be Acquisition Preserves by Habitat Type Cost Per Acre Acquired Agricultural lands $13,007 40,459.85 $526,261,282 Natural lands Non -vernal pool natural lands $10,649 24,335.82 $259,152,147 Total for Non -vernal pool Natural /Ag Lands $12,121 64,795.67 $785,413,429 Vernal pool grasslandsI $18,732 15,720.66 Vernal pool wetted $18,732 2,115.00 Sources: SJCOG, Inc., SJMSCP 2019 Annual Report, and Housrath Economics Group. $294,479,309 $39.618.180 SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - A3 AcquisitionCostHabitatType - 7/20/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/20/20 TABLE A.4 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category A Acquisition Fee Calculations (2020 dollars) Habitat Costs associated with non -vernal pool natural/agricultural lands conversion Natural (non vernal pool)/Agricultural land conversion (acres) , remaining Multi-purpose open space conversion (acres), remaining' Multiplier for natural/agricultural land conversion Multiplier for multi-ourpose open space conversion' Acquisition Component of Natural (non vernal pool)/Agricultural Lands Fee Acquisition Component of Multi -Purpose Open Space Fee 1 Costs associated with vernal pool grasslands Vernal pool grassland conversion (acres), remaining Acquisition Component of Vernal Pool Grasslands Fee Costs associated with vernal pool wetted Vernal pool wetted conversion (acres), remaining Acauisition Comaonent of Vernal Pool Wetted Fee Preserve Land Acquisition 2020 Fees $785,413,429 49,654.31 34,494.82 1 0.5 $11,740 $8,144 $5,870 $4,072 $294,479,309 5,163.08 $57,036 $34,978 $39,618,180 706.75 $56,057 $34,339 1. As described in SJMSCP Section 7.4.1.2, the fee calculation allocates the costs associated with agricultural habitat and non vernal pool natural lands preserves to conversion of both those high value lands (agricultural land and non -vernal pool natur land) and lower value multi-purpose open space. In other words, the SJMSCP does not enhance multi-purpose open space la but allocates some of the costs of enhancements on agricultural and natural lands preserves to the conversion of multi-purp open space lands to assist with the financing of those enhancements. Sources: SJCOG, Inc., SJMSCP 2019 Annual Report, and Hausrath Economics Group. SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - A4 AcquisitionFEE - 7/20/20 Percent Change 2020-2021 44 44 63% 63 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/11/10 TABLE B.1 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category B Assessment, Planning, Restoration and Enhancement SJMSCP Preserve land by habitat tvpe, enhancement analvsis, and enhancement cost per preserve acre ( -0 do Total Preserve Acres Perimeter (including Percent of Acres Benefiting Hedgerow or Other neighboring lands Preserve Acres from Linear Habitat Enhancement Total Enhancement Enhancement Cost 2015 Update Habitat Type preserves) Enhanced' Enhancements Feature ( acresf Cost per Acre Cost per Preserve Acre Values % Agricultural Habitat Land S4 Natural Lands Ditches Grasslands Oak woodlands Riparian Submerged aquatic in the Delta Subtotal Other natural lands' Subtotal Non VP Natural Vernal pool wetted Vernal pool grasslands Subtotal All Natural Lands Total See notes on following page 57,935 10% 5,794 378 33% 126 14,559 33% 4,853 858 33% 286 2,725 33% 908 10 100% 10 18,530 $73,315,900 6,183 6,445 33% 2,148 24,975 $13,300 -6% 2,121 33% 707 15,811 33% 5,270 42,907 14,309 776 $71,000 $55,096,000 $310,000 $39,060,000 $19,600 $95,118,800 $29,000 $8,294,000 $85,000 $77,208,333 $59,000 $590,000 $35,623 $220,271,133 $35,623 $76,530,860 $67,140 $296,801,993 $103,700 $73,315,900 $12,500 $65,879,167 $435,997,060 $951 $727 31% $116,600 166% $19,900 -2% $31,300 -7% $92,054 -8% $67,140 -12% $11,884 $11,033 8% $34,567 $57,000 82% $4,167 $13,300 -6% 1. Enhancement criteria derived from the SJMSCP, Section 5.4.6. 2. Unlike most other habitat types, agricultural lands are enhanced by treating linear features that run along the edge of or through fields --features such as roads or drainage ditches. In these cases, the land a direct enhancement activity is substantially less than that area benefiting from the enhancement. This has the advantage of minimizing impacts to agricultural land production. Installing pollinator hedgerows edges of fields and grassland borders along irrigation and drainage ditches, and planting nest trees and associated shrubs and grasses, are enhancements used in the cost analysis to represent the range of typ agricultural land enhancements outlined in the SJMSCP. In addition to benefits to species, these linear features offer benefits of preventing soil erosion and reducing costs for weed control and linear water conveyance infrastructure maintenance. They also enhance the entire field they are associated with, meeting the 10 percent enhancement criterion while also minimizing loss of productive agricultural land. l enhancement cost estimate for agricultural lands is therefore based on the acres of hedgerow or other linear feature multiplied by the cost per acre to install hedgerows and similar linear features. 3. The enhancement cost applies to the acres where construction and/or installation actually takes place. In the case of hedgerows or other linear features, this is only the relatively small area of activity, not t total area that is thereby enhanced. Enhancement cost includes costs for materials, construction labor, and equipment. In addition to the installation activity, the cost per enhanced acre also includes a cost fc oversight and contract adminstration and three years of maintenance and monitoring. For vernal pool wetted restoration, the cost includes 5 monitoring years during a 1pcIstarestoration monitoring period. 4. For agricultural habitat lands, a SJMSCP describes a broad range of enhancement activities and a generalized target of 10 percent enhancement; providing benefits to species without substantially reducing amount of agricultural land in production. This can be achieved by implementing the linear features described in footnote 2. Pollinator hedgerows or similar linear features enhance the entire field that they a associated with, thereby counting toward the 10 percent enhancement criteria while taking substantially less land out of production. 5. Estimated based on the weighted average cost for all other non -vernal pool natural lands. Sources: Table A.1, SJCOG, Inc., ICF, and Hausrath Economics Group SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - B1 PreserveEnhancementCost - 7/21/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/11/10 TABLE B.1 - ENHANCEMENT COST ESTIMATE FOR EXISTING PRESERVES 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category B Assessment, Planning, Restoration and Enhancement SJMSCP Preserve land by habitat type, enhancement analysis, and enhancement cost per preserve acre ( dollars) Habitat Type Existing Preserve Acres Percent of Preserve Acres Enhanced' Perimeter Acres Benefiting Hedgerow or Other from Linear Habitat Enhancements Feature ( acres)z Enhancement Total Enhancement Cost per Acre Cost Enhancement Cost per Preserve Acre 1 2 3 4 5 6 7 Agricultural Habitat Land S4 17,475.149 10% 1,748 234 $71,000 $16,618,811 $951 Natural Lands Ditches - 33% - $310,000 $0 Grasslands 564.530 33% 188 $19,600 $3,688,263 Oak woodlands - 33% - $29,000 $0 Riparian 44.050 33% 15 $85,000 $1,248,083 Submerged aquatic in the Delta - 100% - $59,000 $0 Subtotal 608.580 203 $24,334 $4,936,346 Other natural landss 30.600 33% 10 $24,334 $248,204 Subtotal Non VP Natural 639.180 $5,184,550 $8,111 Vernal pool wetted 6.000 33% 2 $103,700 $207,400 $34,567 Vernal pool grasslands 90.345 33% 30 $12,500 $376,438 $4,167 Subtotal All Natural Lands 735.525 245 $5,768,388 Total 18,210.674 1,993 $22,387,199 See notes on following page 1. Enhancement criteria derived from the SJMSCP, Section 5.4.6. 2. Unlike most other habitat types, agricultural lands are enhanced by treating linear features that run along the edge of or through fields --features such as roads or drainage ditches. In these cases, the land ares direct enhancement activity is substantially less than that area benefiting from the enhancement. This has the advantage of minimizing impacts to agricultural land production. Installing pollinator hedgerows at edges of fields and grassland borders along irrigation and drainage ditches, and planting nest trees and associated shrubs and grasses, are enhancements used in the cost analysis to represent the range of types agricultural land enhancements outlined in the SJMSCP. In addition to benefits to species, these linear features offer benefits of preventing soil erosion and reducing costs for weed control and linear water conv infrastructure maintenance. They also enhance the entire field they are associated with, meeting the 10 percent enhancement criterion while also minimizing loss of productive agricultural land. The enhanceme estimate for agricultural lands is therefore based on the acres of hedgerow or other linear feature multiplied by the cost per acre to install hedgerows and similar linear features. 3. The enhancement cost applies to the acres where construction and/or installation actually takes place. In the case of hedgerows or other linear features, this is only the relatively small area of activity, not the area that is thereby enhanced. Enhancement cost includes costs for materials, construction labor, and equipment. In addition to the installation activity, the cost per enhanced acre also includes a cost for projec oversight and contract adminstration and three years of maintenance and monitoring. For vernal pool wetted restoration, the cost includes 5 monitoring years during a 1p"mestoration monitoring period. 4. For agricultural habitat lands, a SJMSCP describes a broad range of enhancement activities and a generalized target of 10 percent enhancement; providing benefits to species without substantially reducing thi amount of agricultural land in production. This can be achieved by implementing the linear features described in footnote 2. Pollinator hedgerows or similar linear features enhance the entire field that they are associated with, thereby counting toward the 10 percent enhancement criteria while taking substantially less land out of production. 5. Estimated based on the weighted average cost for all other non -vernal pool natural lands. Sources: Table A.1, SJCOG, Inc., ICF, and Hausrath Economics Group SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - B1 PreserveEnhancementCost (2) - 7/21/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/21/20 TABLE B.2 2020 Five -Year Economic Analysis and Fee Update SIMSCP Fee Update - 2020 (for 2021 SIMSCP Development Fee Cycle) Category B Assessment, Planning, Restoration and Enhancement Cost Factors(2020 dollars) Remainder of Permit Term Remaining years in permit term 31 used in formulae below to calculate costs for the remainder of the permit term Biological Site Assessment Number of site visits per year Annual cost Total Site Assessment cost remainder of permit term Preserve Management Plan Preparation Number of management plans per year Annual cost Total Preserve Management Plan cost remainder of permit term Preserve Enhancement Plan Preparation Average cost per enhancement plan Average acres per project Average cost per preserve acre Preserve Enhancements on Agricultural Lands Enhancement cost per preserve acre Preserve Enhancements on Non -Vernal Pool Natural Lands Enhancement cost per preserve acre Vernal Pool Creation/Enhancement Enhancement cost per preserve acre 8 assumes 6 hours per visit $6,960 $215,760 12 assumes 40 hours per plan $69,600 $2,157,600 $4,060 assumes 28 hours per plan for each enhancement project 240 $17 $951 from Table 61 $11,884 from Table B1 $34,567 from Table B1 Vernal Pool Upland Grassland Enhancement Enhancement cost per preserve acre F $4,167 from Table B1 Sources: SICOG, Inc., ICF, and Housroth Economics Group SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - E2 AssessmentEnhancementCost - 7/21/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/21/20 TABLE B.3 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category B Assessment, Planning, Restoration and Enhancement (2020 dollars) Cost Allocation by Habitat Type Remainder of Permit Term 1. Includes 600 acres of neighboring lands preserves. Sources: SJCOG, Inc., SJMSCP 2019 Annual Report, ICF, and Hausrath Economics Group. 2020 model totals Percent change with 2021 update $271,349 $1,808,865 $904,432 $334,878,209 $45,093,357 -20% 19% 55% 17% 62% SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - 133 AssessEnhancementCostAlloc - 7/21/20 Costs - Remainder of Permit Term Total cost allocated by preserve type percent Cost per acre multiplied Cost per acre multiplied by preserve of total preserve land remaining to be by preserve acres acres by type remaining to be acquired remaining to be acquired Preserve Enhancement Acres Remaining Percent of Biological Site Preserve Management Preserve Vernal Pool Preserves by Habitat Type to be Acquired 1 Total Assessment Plans Plans Enhancements Restoration Agricultural lands 40,459.85 49% $105,645 $1,056,454 $687,817 $38,477,189 na Non -vernal pool natural lands 24,335.82 29% $63,544 $635,437 $413,709 $289,206,001 na Vernal pool grasslands 15,720.66 19% $41,048 $410,485 $267,251 $65,502,729 na Vernal pool wetted 2,115.00 3% $5,523 $55,225 $35,955 na $73,108,500 82,631.33 100% $215,760 $2,157,600 $1,404,732 $393,185,919 $73,108,500 1. Includes 600 acres of neighboring lands preserves. Sources: SJCOG, Inc., SJMSCP 2019 Annual Report, ICF, and Hausrath Economics Group. 2020 model totals Percent change with 2021 update $271,349 $1,808,865 $904,432 $334,878,209 $45,093,357 -20% 19% 55% 17% 62% SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - 133 AssessEnhancementCostAlloc - 7/21/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 7/21/20 TABLE B.4 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category B Assessment, Planning, Restoration and Enhancement Fee Calculations (2020 dollars) Remainder of Permit Term Habitat Type Biological Site Assessment Preserve Management Plans Preserve Enhancement Plans Agricultural and Non VP Natural Land Enhancement Total for Agricultural and Non VP Natural Land (incl. assessment and plans) Vernal Pool Restoration / Enhancement Total for Vernal Pool (incl. assessment and plans) Costs associated with non -vernal pool natural/agricultural lands conversion $169,189 $1,691,891 $1,101,526 $327,683,190 $330,645,796 Natural (non vernal pool)/Agricultural land conversion (acres), remaining 49,654.31 49,654.31 49,654.31 49,654.31 49,654.31 Multi-purpose open space conversion (acres), remaining) 34,494.82 34,494.82 34,494.82 34,494.82 34,494.82 Multiplier for natural/agricultural land conversion 1 1 1 1 1 Multiplier for multi-purpose open space conversion 1 0.5 0.5 0.5 0.5 0.5 Assessment & Enhancement Component of Natural (non -vernal pool)/Agricultural Lands Fee $3 $25 $16 $4,898 $4,942 Assessment & Enhancement Component of Multi -Purpose Open Space Fee $2 $13 $8 $2,449 $2,471 Costs associated with vernal pool grasslands $41,048 $410,485 $267,251 $65,502,729 $66,221,513 Vernal pool grassland conversion (acres), remaining 5,163.08 5,163.08 5,163.08 5,163.08 5,163.1 Assessment & Enhancement Component of Vernal Pool Grasslands Fee $8 $80 $52 $12,687 $12,826 Costs associated with vernal pool wetted $5,523 $55,225 $35,955 $73,108,500 $73,205,203 Vernal pool wetted conversion (acres), remaining 706.75 706.75 706.75 706.75 706.8 Assessment & Enhancement Component of Vernal Pool Wetted Fee $8 $78 $51 $103,443 $103,580 1. As described in SJMSCP Section 7.4.1.2, the fee calculation allocates the costs associated with agricultural habitat and non -vernal pool natural lands preserves to conversion of both those high value lands (agricultural land non -vernal pool natural land) and lower value multi-purpose open space. In other words, the SJMSCP does not enhance multi-purpose open space lands but allocates some of the costs of enhancements on agricultural and n. lands preserves to the conversion of multi-purpose open space lands to assist with the financing of those enhancements. Sources: SJCOG, Inc., SJMSCP 2019 Annual Report ICF, and Hausrath Economics Group. SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - 134 AssessmentEnhancementFEE - 7/21/20 Percent Change 2020- 2020 Fees 020- 2020Fees 2021 $3,831 29% $1,916 29% $15,274 -16% $63,915 62% FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 8/4/20 TABLE C.1 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category C (part) Compliance and Effectiveness Monitoring Cost Assumptions (2020 dollars) Remainder of Permit Term (for all preserve Remainingyearsin permit term Compliance Monitoring Annual cost per acre, including reporting Total Compliance Monitoring Cost - Remainder of Permit Term Effectiveness Monitoring, including reporting Habitat Mapping Annual cost per acre Total habitat mapping cost - remainder of permit term Swainson's Hawk Monitoring Annual cost per acre Total Swai nson's hawk monitoring cost - remainder of permit term Vernal Pool Monitoring Annual cost per acre Total vernal pool monitoring cost - remainder of permit term Burrowing Owl Monitoring Cost per survey year, all preserves Total burrowing owl monitoring cost- remainder of permit term Fall Crane Monitoring Cost per survey year, all preserves Total fall crane monitoring cost - remainder of permit term Riparian Brush Rabbit Monitoring Cost per survey year, all preserves Total fall crane monitoring cost - remainder of permit term Southwest Grasslands Monitoring Covered plant survey cost per acre per year San Joaquin kit fox survey cost per acre per year Total Southwest grasslands monitoring cost - remainder of permit term $4.00 $7,546,528 all acres $4.00 annualized per acre assuming every 5 years $6,393,100 all acres, except Vernal Pool Zone $6.00 assume annual surveys $9,755,235 in all but Southwest Zone $5.00 annualized per acre assuming every 5 years $7,808,411 in Vernal Pool Zone and Central ZoneVernal Pool Preserves $24,500 $253,167 assume every 3 years $13,200 $81,840 assume every 5 years $14,800 $45,880 assume every 10 years $1.00 $1.00 $521,519 Southwest Zone only Effectiveness Monitoring Cost - Remainder of Permit Term $24,859,151 Sources: SJCOG, Inc. and SJMSCP 2019 Annual Report, ICF, and Hausrath Economics Group. SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - C1 MonitoringCost All Acres - 8/4/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 8/4/20 TABLE C.1 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category C (part) Compliance and Effectiveness Monitoring Cost Assumptions ( dollars) ASSUMPTIONS FOR POST PERMIT COSTS Acres Monitored, Year 50 All acres 100,842 All but Vernal Pool Zone 82,910 All but Southwest Zone 91,221 Vernal Pool Zone 17,932 Central Zone Vernal Pool Preserves 1,325 Southwest Zone&W19,621 Annual Average Compliance & Effectiveness Monitoring Cost at end of Permit $1,410,100 Percent of annual cost assumed to continue in perpetuity 25� Effectiveness Monitoring Cost in perpetuity, annual cost $352,525 SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - C1 MonitoringCost All Acres - 8/4/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 8/4/20 TABLE C.2 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category C (part) Project Management & Administration Cost Assumptions (2020 dollars) Remainder of Permit Term Remaining years in permitterm 31 Project Management & Administration cost Total annual project management & administrative staff cost $898,000 2.25 FTE +CFO time: salaries, benefits, OH, updated 8/3/2020 Legal and other direct costs $71,840 8% %ofcumulativetotal to 12/31/2019, per expense analysis Total annual project management & administration cost $969,840 Total Project Management & Administration cost remainder of permit term $30,065,040 Allocation to Project Management & Administration, based on allocation of actual costs to 12/31/2019 Project management cost allocation $24,052,032 80%1 $6,643,586 Cumulativetotal actual through 12/31/2019 Administration cost allocation $6,013,008 20%1 $1,478,404 Cumulative total actual through 12/31/2019 Habitat Plan Environmental Consulting Annual cost for consulting services $291,0007 estimate based on last four years expenditures Total Habitat Plan Environmental Consulting remainder of permit term $9,021,000 Land Manager Coordination/Oversight Annual cost Total Land Manager Coordination/Oversight cost remainder of permit term Financial Plan 5 -Year Review and Update Number of five-year updates for remainder of the permit term Consultant contract, every 5 years Legal review, every 5 years Total Financial Plan 5 -Year Review and Update cost remainder of permit term Sources: SJCOG, Inc. and SJMSCP 2019 Annual Report, ICF, and Hausrath Economics Group. $6,600 average cost for HTAC meetings and support $204,600 6 $85,000 cost per contract $16,000 $606,000 ASSUMPTIONS FOR POST PERMIT COSTS Annual Average Management & Administration cost at end of permit $969,840 Percent of annual cost assumed to continue in perpetuity 50% Annual Management & Administration cost in perpetuity (all preserves) $485,000 (roughly 1 FTE) SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - C2 PMAdminCost - 8/4/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 8/4/20 TABLE C.3 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category C Permit Term Costs( dollars) Adjustments for Remaining Fund Balance Total Cost - Remainder ofPermit Cost Category Term Compliance Monitoring $7,546,528 Effectiveness Monitoring, including reporting 24,859,151 Project Management 24,052,032 Administration 6,013,008 Habitat Plan Environmental Consulting 9,021,000 Land Manager Coordination/Oversight 204,600 Financial Plan 5 -Year Review and Update 606,000 $72,302,320 Category C Fund Balance as of 12/31/2019 for costs on existing preserves ($25,186,646) Net cost for remainder of the permit term $47,115,673 SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - C3 Permit Term Cost Adjustments - 8/4/20 Table C.4 Inflation 3.00% 2020 Five -Year Economic Analysis and Fee Update Investment Management Fees 1.00% SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Real Return On Investments 3.25% SJMSCP Endowment Fund Cash Flow (2020 Dollars) - DIVERSIFIED PORTFOLIO Total Nominal Return On Investments 7.25% Calendar Year 2021 2022 2023 2024 2025 2026 2027 2028 21 22 23 24 25 26 27 28 Category C Fee Revenue $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 Investment Earnings' $152,244 $166,165 $180,538 $195,378 $210,701 $226,522 $242,856 $259,722 Total Revenue $428,329 $442,249 $456,622 $471,463 $486,785 $502,606 $518,940 $535,806 Beginning Fund Balance $4,546,403 NA NA NA NA NA NA NA Closing Fund Balance $4,974,732 $5,416,981 $5,873,603 $6,345,066 $6,831,851 $7,334,457 $7,853,397 $8,389,203 Calendar Year 2029 2030 2031 2032 2033 2034 2035 2036 Category C Fee Revenue 29 30 31 32 33 34 35 36 Category C Fee Revenue $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 Investment Earnings' $277,135 $295,115 $313,679 $332,846 $352,637 $373,070 $394,168 $415,951 Total Revenue $553,220 $571,199 $589,763 $608,931 $628,721 $649,154 $670,252 $692,035 Closing Fund Balance $8,942,423 $9,513,622 $10,103,385 $10,712,316 $11,341,037 $11,990,191 $12,660,443 $13,352,478 Calendar Year 2037 2038 2039 2040 2041 2042 2043 2044 37 38 39 40 41 42 43 44 Category C Fee Revenue $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 Investment Earnings' $438,442 $461,664 $485,641 $510,397 $535,957 $562,349 $589,598 $617,733 Total Revenue $714,526 $737,748 $761,725 $786,481 $812,042 $838,433 $865,682 $893,817 Closing Fund Balance $14,067,004 $14,804,752 $15,566,477 $16,352,958 $17,164,999 $18,003,432 $18,869,114 $19,762,931 Calendar Year 2045 2046 2047 2048 2049 2050 Total Ongoing 45 46 47 48 49 50 Year 21-50 51+ Category C Fee Revenue $276,084 $276,084 $276,084 $276,084 $276,084 $276,084 $8,282,525 $0 Investment Earnings' $646,782 $676,775 $707,743 $739,717 $772,731 $806,817 $12,941,072 $837,525 $21,223,597 Total Revenue $922,866 $952,859 $983,827 $1,015,801 $1,048,815 $1,082,901 $837,525 Net Post -Permit Costs NA NA NA NA NA NA NA $837,525 Net Cash Flow $922,866 $952,859 $983,827 $1,015,801 $1,048,815 $1,082,901 $21,223,597 $0 Closing Fund Balance $20,685,797 $21,638,656 $22,622,483 $23,638,284 $24,687,099 $25,770,000 $25,770,000 $25,770,000 1. Investment Earnings = (Prior Year Closing Fund Balance + (Annual Fee Revenue / 2) x (Real Return On Investments). SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - C4 Endowment - Diversified - 8/4/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 8/4/20 TABLE C.5 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category C Monitoring and Program Management/Administration, including endowment for post -permit costs( dollars) Cost Allocation by Habitat Type Total Preserve Remainder of Preserves by Habitat Type Acres' Percent of Total Permit Term Post permit Total Non -vernal Pool Natural/Ag lands 82,910 82% $38,737,435 $6,809,704 $45,547,139 Vernal pool grasslands 15,811 16% 7,387,258 1,298,616 $8,685,874 Vernal pool wetted 2,121 2% 990,979 174,206 $1,165,185 100,842 100% $47,115,673 $8,282,525 $55,398,198 Note: Net of existing fund balance allocated to Category C permit -term and post -permit costs. 1. includes 600 acres of neighboring lands preserves. Sources: SJCCG, Inc. and SJMSCP 2019 Annual Report, ICF, Urban Economics, and Hausrath Economics Group SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - C5 MonitorAdminCostAlloc - 8/4/20 FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 8/4/20 TABLE C.6 2020 Five -Year Economic Analysis and Fee Update SJMSCP Fee Update - 2020 (for 2021 SJMSCP Development Fee Cycle) Category Monitoring and Program Management/Administration, includingendowment for post -permit costs Fee Calculations (2020 dollars) Percent Post Change Permit Remainder of 2020- Share of Habitat Type Permit Term Post permit Total 2020 Fees 2021 Total Costs associated with non -vernal pool natural/agricultural lands conversic Non -vernal pool Natural/Agricultural land conversion (acres), remaining Multi-purpose open spaceconversion (acres), remaining' Multiplierfor natural/agricultural land conversion Multiplierfor multi-purpose open space conversion' Monitoring & Administration Component of Natural (non -vernal pool)/Agricultural Lands Fee Monitoring & Administration Component of Multi -Purpose Open Space Feel Costs associated with vernal pool grasslands Vernal pool grassland conversion (acres), remaining Monitoring & Administration Component of Vernal Pool Grasslands Fee $38,737,435 49,654.31 34,494.82 1 0.5 $6,809,704 $45,547,139 49,654.31 49,654.31 34,494.82 34,494.82 1 1 0.5 0.5 $579 $102 $290 $51 $7,387,258 5,163.08 $1,431 $1,298,616 5,163.08 $252 $681 $341 $8,685,874 5,163.08 $1,682 Costs associated with vernal pool wetted $990,979 $174,206 $1,165,185 Vernal pool wetted conversion (acres), remaining 706.75 706.75 706.75 Monitoring & Administration Component of Vernal Pool Wetted Fee $1,402 $246 $1,649 Note: Net of existing fund balance allocated to Category C permit -term and post -permit costs. 1. The fee calculation allocates the costs associated with agricultural habitat and non -vernal pool natural lands preserves to conversion of both those high value lands (agricultural land and non -vernal pool natural land) and lowervalue multi-purpose open space, thereby assisting with the financing of management and monitoring on agricultural and natural lands preserves. Sources: SJCOG, Inc., SJMSCP 2019 Annual Report, ICF, Urban Economics, and Hausrath Economics Group. SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - C6 MonitorAdmin FEE - 8/4/20 $847.22 -20% $424.16 -20% $2,580.93 -35% $2,533.80 -35% 15% 15% 15% 15% FINANCIAL ANALYSIS UPDATE PRELIMINARY DISCUSSION DRAFT - 8/4/20 Category A Category B Category C SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - Fee Summary Comparison - 8/4/20 Monitoring, Assessment & Management & 2021 Fees- Draft Proposed Acquisition Enhancement Administration, & Total Total Rounded Percent Difference Acquisition Enhancement Post -permit Total Total Rounded Enhancement Endowment Other Open Space $5,870.00 $2,471.00 $341.00 $8,682.00 $8,682 Natural/Ag Lands $11,740.00 $4,942.00 $681.00 $17,363.00 $17,363 Vernal Pool Grasslands $57,036.00 $12,826.00 $1,682.00 $71,544.00 $71,544 Vernal Pool Wetted $56,057.00 $103,580.00 $1,649.00 $161,286.00 $161,286 Vernal Pool Grasslands Category A Category B Category C 35.4% 35.4% Vernal Pool Wetted 63.2% 62.1% Monitoring, 60.0% 60.0% Assessment & Management & 2020 Fees -Adopted Acquisition Enhancement Administration, & Total Total Rounded Post -permit Endowment Other Open Space $4,072.00 $1,916.00 $424.16 $6,412.16 $6,412 Natural/Ag Lands $8,144.00 $3,831.00 $847.22 $12,822.22 $12,822 Vernal Pool Grasslands $34,978.00 $15,274.00 $2,580.93 $52,832.93 $52,833 Vernal Pool Wetted $34,339.00 $63,915.00 $2,533.80 $100,787.80 $100,788 SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - Fee Summary Comparison - 8/4/20 Monitoring, Assessment & Management & Difference Per Acre ($) Acquisition Assessment & Administration, & Total Total Rounded Percent Difference Acquisition Enhancement Post -permit Total Total Rounded Enhancement Endowment Other Open Space $1,798 $555 ($83) $2,270 $2,270 Natural/Ag Lands $3,596 $1,111 ($166) $4,541 $4,541 Vernal Pool Grasslands $22,058 ($2,448) ($899) $18,711 $18,711 Vernal Pool Wetted $21,718 $39,665 ($885) $60,498 $60,498 SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - Fee Summary Comparison - 8/4/20 Monitoring, Management & Assessment & Percent Difference Acquisition Administration, & Total Total Rounded Enhancement Post -permit Endowment Other Open Space 44.2% 29.0% -19.6% 35.4% 35.4% Natural/Ag Lands 44.2% 29.0% -19.6% 35.4% 35.4% Vernal Pool Grasslands 63.1% -16.0% -34.8% 35.4% 35.4% Vernal Pool Wetted 63.2% 62.1% -34.9% 60.0% 60.0% SJMSCP Cost and Fee Analysis 2021 Five Year Update.xlsx - Fee Summary Comparison - 8/4/20 RESOLUTION NO. 2020-277 A RESOLUTION OF THE LODI CITY COUNCIL SETTING THE SAN JOAQUIN COUNTY MULTI -SPECIES HABITAT CONSERVATION AND OPEN SPACE PLAN DEVELOPMENT FEE SCHEDULE FOR 2021 WHEREAS, the City Council of the City of Lodi adopted an ordinance establishing the authority for collection of a Development Fee for the San Joaquin County Multi -Species Habitat Conservation and Open Space Plan (SJMSCP) for all new developments pursuant to the SJMSCP within the City of Lodi; and WHEREAS, a "Fee Study" dated July 16, 2001, was prepared, which analyzed and identified the costs, funding, and cost -benefit of the San Joaquin County Multi -Species Habitat Conservation and Open Space Plan; and WHEREAS, the purpose of the SJMSCP Development Fee is to finance the goals and objectives of the SJMSCP that include, but are not limited to, preserve land acquisition, preserve enhancement, land management, and administration that compensate for such lands lost as a result of future development in the City of Lodi and in San Joaquin County; and WHEREAS, after considering the Fee Study and the testimony received at the public hearing, the Lodi City Council approved said report; and further found that the future development in the City of Lodi will need to compensate cumulative impacts to threatened, endangered, rare, and unlisted SJMSCP Covered Species and other wildlife and compensation for some non -wildlife related impacts to recreation, agriculture, scenic values and other beneficial Open Space uses; and WHEREAS, an "Updated Fee Study" was prepared in 2006, 2011, 2016, and 2020 which analyzed and identified the costs and funding of the SJMSCP; and WHEREAS, the SJMSCP Development Fees are divided into three categories: Category A — Acquisition; Category B — Enhancement; and Category C — Land Management/ Administration as seen in the table below; and 2021 SJMSCP Development Fees Habitat Category A Category B Counded Category % Total FeeTrF ;; Oen Space_ AG/Natural $5,870.00 $2,471.00 $341.00 $ 8,682.00 $8,682 $4,942.00 $681.00 $17,363.00 $17,363 Vernal Pool rag sslands) _$11,740.00 $57,036.00 $12,826.00 $71,544.00 $1,682.00 $71,544 _( Vernal Pool (wetted) $56,057.00 $103,580.00 $1,649.00 $161,286.00 1 $161,286 WHEREAS, the SJMSCP Development Fees will be increased consistent with the Updated Fee Study findings for the year 2021; and WHEREAS, to ensure that the SJMSCP development fees keep pace with inflation, annual adjustments, based on the method set forth in this resolution, shall be made to the fees annually; and WHEREAS, the method of annual adjustments was modified in 2011, 2016, and again in 2020; and WHEREAS, the Updated Fee Study with the SJMSCP and the fee amendment were available for public inspection and review in the office of the City Clerk for more than ten days prior to the date of this Public Hearing. NOW, THEREFORE, BE IT RESOLVED AND DETERMINED by the City Council of the City of Lodi as follows: 1. The City Council finds and declares that the purposes and uses of the Development Fee, and the determination of the reasonable relationship between the fees' uses and the type of development project on which the fees are imposed, are all established in Ordinance 1707, and remain valid, and the City Council therefore adopts such determinations. 2. The City Council finds and declares that since adoption of Ordinance 1707, the cost of land has increased in San Joaquin County; and that in order to maintain the reasonable relationship established by Ordinance 1707, it is necessary to increase the Development Fee for the San Joaquin County Multi -Species Habitat Conservation and Open Space Plan. 3. The Development Fee for natural lands, agricultural land, vernal pool habitat and multi- purpose open space conversion shall be consistent with the table identified in Exhibit "A" and attached hereto. 4. The Fee provided in this resolution shall be effective on January 1, 2021. 5. That the Lodi City Council hereby approves the proposed Habitat Conservation and Open Space fee adjustment. Dated: November 18, 2020 I hereby certify that Resolution No. 2020-277 was passed and adopted by the City Council of the City of Lodi in a regular meeting held November 18, 2020, by the following vote: AYES: COUNCIL MEMBERS — Chandler, Nakanishi, and Mayor Kuehne NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — Mounce ABSTAIN: COUNCIL MEMBERS — None J NNIFE USMIR City Clerk 2020-277 CHAIR GV Z Ar VICECHAIR ARdrao L Cheley PRESIDENT Nimpher Aymm' cmsgor ESCALON, LATHROP, LODI, MANITCA, RIPON, sroQcroN. TRACY, AND THECOUN YOr SANJOAQUIN Exhibit A SJCOG, Inc. 555 East Weber Avenue ■ Stockton, CA 95202 • (209) 235-0600 ■ FAX (209) 235-0438 San Joaquin County Multi -Species Habitat Conservation & Open Space Plan (SJMSCP) 2021 Undated Habitat Fees* Habitat Type j Fee Per Aere Natural �.!_ ..—S. -I.7,363 Myriculture $17,363 Vernal Pool - u lari& $711,544 V $ j.6'1.,286 * Effective January 1, 2021 — December 31, 2021 l� 2021 Endowment Fees with In -lieu Land** Type of PreserveManagement Enllancenterrt Cnsr/aerc Land cost/sere, TOTAL 1119R ACRE ENDOWMENT Agricultural Habitat Lauds $4,942.00 $681.00 $5,623.00 Natural Lands $4,942.00 $681.00 $5,623.00 Vernal Pool Habitat Vernal Pool Grasslands $12,826.00 $1,682.00 $14,508.00 Vernal Pool 6Vetled $103,580.00 $ tM9.00.1 $105,229.00 ** Effective January 1, 2021 — December 31, 2021 in lieu of Fees to be used as the endowment for the dedicated land preserves (Category B+ Q based on impacted acres. VELB Mitigation A special fee category shall apply when removal of the Valley Elderberry Long -horned Beatle (VELB) habitat of elderberry shrubs occurs. The fee shall be paid to SJCOG, Inc. or a VELB mitigation bank approved by the Permitting Agencies. The current fee, as established in the VELB Conservation Fund Account managed by the Center for Natural Lands Management, and approved by the USFWS, is $1,800 per VELB Unit (one unit= one stem over V in diameter at ground level which is removed). Pees shall be established by the ,IPA during preconstruction surveys (i.e., counts of steins to be removed with and without exit holes shall be completed during preconstruction surveys) and shall be paid to the JPA prior to ground disturbance or stem removal, whichever comes first. Public Hearing to Set 2021 SJC Multi-Species Habitat Fees Submitted by Community Development Department In August 2020, the San Joaquin Council of Governments Board approved Habitat Conservation Plan fee schedule: 2021 Updated Habitat Fees* Habitat Type Fee Per Acre Multi -Purpose Open Space $8,682 Natural $17,363 Agriculture $17,363 Vernal Pool - uplands $71,544 Vernal Pool - wetted $161,286 * Effective January 1, 2021 —December 31, 2021 2021 Endowment Fees with In -lieu Land** ** Effective January 1, 2021 — December 31, 2021 in lieu of fees to be used as the endowment for the dedicated land preserves (Category B + C) based on impacted acres. Enhancement Land TOTAL PER Type of Preserve Cast/acre Management ACRE Cost/acre ENDOWMENT Agricultural Habitat Lands $4,942.00 $681.00 $5,623.00 Natural Lands $4,942.00 $681.00 $5,623.00 Vernal Pool Habitat Vernal Pool Grasslands $12,826.00 $1,682.00 $14,508.00 Vernal Pool Wetted $103,580.00 $1,649.00 $105,229.00 ** Effective January 1, 2021 — December 31, 2021 in lieu of fees to be used as the endowment for the dedicated land preserves (Category B + C) based on impacted acres. These fee adjustments are based upon the required 5 year review financial update. The resulting 2021 per acre fees have increased by 35.4%, based on the rise in land acquisition cost as follows: • Open space lands increased from $6,412.00 to $8,682.00 • Ag. and Nature lands increased from $12,822.00 to $17,363.00 • Habitat grasslands increased from $52,833.00 to $71,544.00 • Habitat wetlands increased from $100,788.00 to $1619286.00 Recommended Action: Staff is recommending the adoption of a resolution setting the San Joaquin County Multi - Species Habitat Conservation and Open Space Plan Development Fees for 2021 End of Presentation or Please immediately confirm receipt of'this fax by calling 333-6702 CITY OF LODI P. O. BOX 3006 LODI, CALIFORNIA 95241-1910 ADVERTISING INSTRUCTIONS SUBJECT: NOTICE OF PUBLIC HEARING TO CONSIDER ADOPTING RESOLUTION SETTING THE SAN JOAQUIN COUNTY MULTI -SPECIES HABITAT CONSERVATION AND OPEN SPACE PLAN DEVELOPMENT FEES FOR 2021 PUBLISH DATE: SATURDAY, NOVEMBER 7, 2020 TEAR SHEETS WANTED: One (1) please SEND AFFIDAVIT AND BILL TO: JENNIFER CUSMIR, CITY CLERK LNS ACCT. X5100152 City of Lodi P.O. Box 3006 Lodi, CA 95241-1910 DATED: THURSDAY, NOVEMBER 5, 2020 ORDERED BY: JENNIFER CUSMIR CITY CLERK 7I! PAMELA M. FAPRIS ASSISTANT CITY CLERK KAYLEE CLAYTON ADMINISTRATIVE CLERK Verify Appearance of this Legal in the Newspaper — Copy to File Emailed to the Sentinel at legals@lodinews.com at (pages) forms\advins.doc R OF L R Arg DECLARATION OF POSTING NOTICE OF PUBLIC HEARING TO CONSIDER ADOPTING RESOLUTION SETTING THE SAN JOAQUIN COUNTY MULTI -SPECIES HABITAT CONSERVATION AND OPEN SPACE PLAN DEVELOPMENT FEES FOR 2021 On Thursday October 5, 2020, in the City of Lodi, San Joaquin County, California, a Notice of Public Hearing to consider adopting resolution setting the San Joaquin County Multi -Species Habitat and Open Space Plan Development Fees for 2021 (attached and marked as Exhibit A) was posted at the following locations: Lodi City Clerk's Office Lodi City Hall Lobby Lodi Carnegie Forum WorkNet Office I declare under penalty of perjury that the foregoing is true and correct. Executed on October 5, 2020, at Lodi, California. ORDERED BY: JENNIFER CUSMIR CITY CLERK PAMELA M. FARRRIS KAYLEE CLAYTON ASSISTANT CITY CLERK ADMINISTRATIVE CLERK \\cvcfilv0l\administration$\Administration\CLERK\Public Hearings\AFFADAVITS\DECPOSTCD 092420.doc CITY OF LODI Carnegie Forum 305 West Pine Street, Lodi NOTICE OF PUBLIC HEARING Date: November 13, 2020 Time: 7:00 p.m. For information regarding this notice please contact: Jennifer Cusmir City Clerk Telephone: (209) 333-6702 NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that on Wednesday, November 18, 2020, at the hour of 7:00 p.m., or as soon thereafter as the matter may be heard, the City Council will conduct a public hearing at the Carnegie Forum, 305 West Pine Street, Lodi, to consider the following item: a) Adopting a resolution setting the San Joaquin County Multi -Species Habitat Conservation and Open Space plan Development Fees for 2021. While social distancing measures are imposed due to COVID-19, Council chambers are closed to the public during meetings of the City Council. Members of the public may view and listen to the open session of the meeting at www.facebook.comlCit ofLadil or llttps://:coanTi.us/ /Ji 785468/Z09?pwd=bEF3cy9QK09WSzNMQWIsZFFNSIN6Zz09. Information regarding this item may be obtained in the Community Development Department, 221 West Pine Street, Lodi, (209) 333-6711. All interested persons are invited to present their views and comments on this matter. Written statements may be filed with the City Clerk, City Hall, 221 West Pine Street, 2n", Floor, Lodi, 95240, at any time prior to the hearing scheduled herein, and oral statements may be made at said hearing. If you challenge the subject matter in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice or in written correspondence delivered to the City Clerk, 221 West Pine Street, at or prior to the close of the public hearing. By Order of the Lodi City Council: iifer Cus Clerk Dated: November 4, 2020 Approve as to form: J .c agdich City Attorney AVISO: Para obtener ayuda interpretativa con esta noticia, por favor (lame a la oficina de la Secretaria Municipal, a las (209) 333-6702. CLERK\PUBHEARINOTICESINOTCDD_DevFees_teleconf 10/30/20