DEVELOPMENT AGREEMENTS - POST JANUARY 1, 2004
CITY OF LAKE ELSINORE, CALIFORNIA
DEVELOPMENT AGREEMENT - POST JANUARY 1, 2004 FEES SUBJECT TO SECTION 66006
DEVELOPMENT AGREEMENT PROJECT STATUS
TOTAL
UNITS
UNITS
TO DATE DAG FEE
AFFORDABLE
HOUSING IN-LIEU
FEE
ALBERHILL
PARK FEE
SUMMERLY
TRAFFIC IMPACT
FEE ("STIF") EXISTING DIF FEES PER ORDINANCE
VILLAGES AT LAKESHORE ("WESTLAKE")
(RESIDENTIAL)
PROJECT COMPLETE
$500 DAG Fee per unit YES, COVERED IN THE AB1600 REPORT. 2020-2021 169 169 84,500$ 545,602$ Affordable Housing Fee ($2 per sq ft)
169 169 84,500$ -$ N/A N/A LAING-CP ("SUMMERLY") (RESIDENTIAL) PROJECT COMPLETE
Description: $4,500 DAG fee per unit for
extraordinary infrastructure
2010-2011 7 31,500$
2011-2012 77 346,500
2012-2013 181 814,500
2013-2014 115 517,500
2014-2015 138 621,000
2015-2016 183 823,500
2016-2017 227 1,021,500
2017-2018 209 940,500
2018-2019 264 1,188,000
2019-2020 26 117,000
2020-2021 115 517,500
2021-2022 126 567,000
SUBTOTAL 1,668 1,668 7,506,000$
STIF - Summerly Traffic Impact Fee ($1.30 per sq ft)
2017-2018 1,582,388.91$
2018-2019 437,323.20
2019-2020 662,677.06
2020-2021 559,799.20
2021-2022 (109,564.63)
Interest Earnings Accumulated 193,414.59
SUBTOTAL 3,326,038.33$
1,668 1,668 7,506,000$ N/A N/A 3,326,038.33$
CANYON HILLS ESTATES (RESIDENTIAL) PROJECT NOT STARTED
$5,500 DAG FEE 132 - 0 YES, COVERED IN THE AB1600 REPORT.
ALBERHILL VILLAGES (RESIDENTIAL) PROJECT NOT STARTED
Alberhill Park Fee - SINGLE FAMILY (SFR) 2,724 - -$ YES, COVERED IN THE AB1600 REPORT.
Alberhill Park Fee - MULTI-FAMILY (MFR) 3,420 - - Alberhill Park Fee - MIXED USE DWELLING 1,880 - - 8,024 - N/A N/A -$ N/A
MOHR AFFINITY (OUTLET MALL PADS - FUTURE) PROJECT NOT STARTED -$ -$ 50,000$ -$ -$ -$ YES, COVERED IN THE AB1600 REPORT. -$ -$ 50,000$ -$ -$ -$
SPORTS COMPLEX (COMMERCIAL) PROJECT NOT STARTED
Description: Pays Impact Fees per City Ordinances for Development Impact Fees. As such, these are covered in the AB1600 Annual Report. YES, COVERED IN THE AB1600 REPORT.
N/A N/A N/A N/A N/A -$
Paid Initial Development Agreement Fee $50,000; Pay $2.50/sf Commercial Development Agreement Fee
Alberhill Villages – Paid Initial Development Agreement Fee $100,000; Pay Development Agreement Fee (subject to annual adjustment and subject to limited exemptions) $4,500/Single Family unit, $3,200/Multi-Family unit; $2,500/Mixed Use unit; $1.00/sf Commercia/Retail/lndustrial Building and Private lnstitutional/Places of Worship (non- sanctuary); Pay $2.00/sf Alberhill Park Fee in addition to fees covered in the AB1600 report.