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Fees for each of the fee zones within the areas of benefit are: <br />SJHTC Single Family Multi -Unit Non - Residential <br />Residential Residential <br />Zone A $1,305 /unit $760 /unit $1.75 /sf. <br />Zone 3 $1,010 /unit $590 /unit $1.30 /sf. <br />F /ETC <br />Zone A S1,295 /unit $755 /unit $1.80 /sf. <br />Zone 3 $ 920 /unit $535 /unit $1:05 /sf. <br />Developers who are required to construct portions of the transportation <br />corridors will receive credit for that work toward the payment of, their fees. <br />The amount of credit will not be adjusted with subsequent revisions to the fee <br />program once it is memorialized by agreement. This credit may be transferred <br />to another landowner within the same area of benefit only with the change in <br />title to the land. <br />Payment of fees for residential multi -unit rental projects may be deferred for <br />a period of 5 years from issuance of a building permit. The developer must <br />enter into an agreement to pay the fee in effect at the time payment is due <br />and provide a security in the amount of the fee plus 15 %. <br />Properties which are exempt from payment of property taxes will generally be <br />exempt from payment of corridor fees. Governmental owned and constructed <br />facilities and utilities will be exempt unless the facility is used for <br />commercial or revenue generating purposes. <br />Portions of twelve cities are included within the benefit areas for the SJHTC <br />and F /ETC. The County may adopt a fee program only within the unincorporated <br />areas. Participation by cities, therefore, is an important ingredient to a <br />successful program that does not create inequities to property owners within <br />differing jurisdictions. City and County cooperation is not only required in <br />the adoption of a program and collection of fees, but should extend to <br />decisions regarding expenditure of the funds. It is planned that Joint Powers <br />Agencies consisting of City and County members will be created to plan and <br />implement the Corridors. All fees collected under this program will be <br />deposited in accounts specifically for the transportation corridors to <br />accomplish this purpose. <br />!PC <br />.' <br />