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Attachment D - Prologis Letter Requesting DIF Credits

Victorville City Council
December 17, 2024

Document
Attachment D - Prologis Letter Requesting DIF Credits
Meeting
December 17, 2024
Body
Victorville City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on victorvilleca.primegov.com. That file is the official record.

A
ttachment D
Prologis Letter
Requesting DIF Credits

3546 Concours St., Suite 100 | Ontario | California | 91764 | United States of America Prologis LP
3546 Concours St.

Suite 100
Ontario, CA 91764

November 1, 2024

Subject: Lot 45 DIF Credit Agreement Request

Fredy A. Bonilla, PE
City Engineer
City of Victorville
14343 Civic Drive
Victorville, CA 92392

We are formally requesting an agreement with the City of Victorville that establishes a Development Impact Fee (DIF) credit for the required improvements on Gateway Drive. Per City Council Policy No.23-002, the center lanes of travel (38 -feet for a Major A rterial) are allowed to be credited 67% the cost of the Road DIF which is estimated to be $1,259,772.20.

Please let us know if you need any additional information to complete the DIF Credit agreement as we are hoping to begin the street improvements in the first quarter of 2025. Thank you in advance.

Sincerely,

Jose Borrayo
Director, Development
Prologis

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