SUBJECT: Approval of a Public Facilities Impact Fee Credit Agreement Between the City of Merced and Gateway Park Development Partners, LLC, to Provide Credit of the Public Safety Portion of the Public Facilities Impact Fee in Exchange for the Dedication of 1.5 Acres of Land at the Southeast Corner of Gerard Avenue and Pluim Drive (Extended) for a Future Fire Station REPORT IN BRIEF Considers approving a Public Facilities Impact Fee Credit Agreement to provide credit for the Public Safety portion of the Public Facilities Impact Fee in exchange for the dedication of 1.5 acres of land for a future fire station. RECOMMENDATION City Council - Adopt a motion: A. Approving the Public Facilities Impact Fee Credit Agreement between the City of Merced and Gateway Park Development Partners, LLC; and, B. Authorizing the City Manager or the Deputy City Manager to execute the agreement.

Consent Item Passed Introduced October 17, 2023

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: October 17, 2023
On agenda: November 6, 2023
Passed: November 6, 2023