TITLE
Resolution adopting the City of Long Beach Traffic Mitigation Program (TMP) Twelfth Annual Report; amending the Traffic Mitigation Program to add recommended changes to the City's Transportation Improvement Plan and making findings relative thereto in accordance with Long Beach Municipal Code Sections 18.17.170, 18.19.180 and Government Code Sections 66001 and 66006. (Citywide)
DISCUSSION
The attached Twelfth Annual Traffic Mitigation Program Report (Exhibit A to the resolution) summarizes the status of implementation of the citywide Traffic Mitigation Program (TMP), and provides detailed information on development, capital improvement, and financial activity related to the program. This report covers the fiscal year ending September 30, 2003.
The TMP is the City's program for implementing the transportation improvements needed to meet increased traffic resulting from economic growth using a combination of public funds, such as gas tax and federal grants, and impact fees from new development. The TMP was designed as the mechanism by which the City could implement its basic access strategy to support economic growth, while protecting neighborhoods and maintaining mobility.
The attached report describes program implementation during the reporting period of the fiscal year ending September 30, 2003. This report is provided in accordance with Traffic Mitigation Program Ordinance No. C-6836 (as amended by Ordinance No C-6848), adopted on December 18, 1990, and Airport Area Assessment District Ordinance No. C-6776, adopted August 28, 1990, as well as Long Beach Municipal Code Chapters 18.17 and 18.19 and California Government Code Sections 66001 and 66006.
During the reporting period, the City issued permits for 876 residential units, 160,072 gross square feet of industrial development, and 633,290 gross square feet of commercial development, which will generate an estimated 2,174 afternoon peak hour trips each weekday.
A total of $1.5 million in trans...
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