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2022-02-04 Tyreman - FEIR & Developer Fees Inquiry_RedactedRe: FEIR for Coral Mountain Nicole Criste <ncriste@terranovaplanning.com> Fri 2/4/2022 6:40 AM To:AOL Mail ;Cheri Flores <clflores@laquintaca.gov> Cc:Consulting Planner <ConsultingPlanner@laquintaca.gov> ** EXTERNAL: This message originated outside of the City of La Quinta. Please use proper judgement and cau;on when opening a=achments, clicking links or responding to requests for informa;on. ** Commissioner, We do not have a date yet. It will be some ;me aEer the 20th. Nicole Nicole Sauviat Criste Consulting Planner City of La Quinta TERRA NOVA PLANNING & RESEARCH, INC.® 42635 Melanie Place, Ste 101 PALM DESERT, CA. 92211 (760) 341-4800 FAX#: 760-341-4455 E-Mail: ncriste@terranovaplanning.com From: AOL Mail Reply-To: AOL Mail Date: Thursday, February 3, 2022 at 9:00 PM To: Nicole Criste <ncriste@terranovaplanning.com>, "clflores@laquintaca.gov" <clflores@laquintaca.gov> Subject: FEIR for Coral Mountain Hi Nicole, I have heard that the FIER will be available later this month. Can you confirm the date for publication? Thanks Dale -----Original Message----- From: AOL Mail To: ncriste@terranovaplanning.com <ncriste@terranovaplanning.com>; clflores@laquintaca.gov <clflores@laquintaca.gov> Sent: Wed, Jan 12, 2022 9:50 am Subject: Re: Cost of a unit of housing So the $386,200 is for single family residence as is the $36,000 in Developer Fees. The $317,074 and the $29,000 is for multi unit dwellings. Firefox https://outlook.office.com/mail/AAMkAGJiMWY1OTY1LTBhY2EtN... 1 of 3 4/2/22, 10:21 AM Thanks for clarifying those numbers. Dale -----Original Message----- From: Nicole Criste <ncriste@terranovaplanning.com> To: AOL Mail ; clflores@laquintaca.gov <clflores@laquintaca.gov> Sent: Wed, Jan 12, 2022 9:31 am Subject: Re: Cost of a unit of housing Mr. Tyerman, Yes, it’s correct – one is for apartments, one for houses. Nicole Sauviat Criste Principal TERRA NOVA PLANNING & RESEARCH, INC.® 42635 Melanie Place, Ste 101 PALM DESERT, CA. 92211 (760) 341-4800 FAX#: 760-341-4455 E-Mail: ncriste@terranovaplanning.com From: AOL Mail Reply-To: AOL Mail Date: Wednesday, January 12, 2022 at 8:49 AM To: Nicole Criste <ncriste@terranovaplanning.com>, "clflores@laquintaca.gov" <clflores@laquintaca.gov> Subject: Re: Cost of a unit of housing Nicole, the Developer fees also showed going from $29,000 to $36,000. Not sure if this is right. Dale -----Original Message----- From: Nicole Criste <ncriste@terranovaplanning.com> To: AOL Mail ; clflores@laquintaca.gov <clflores@laquintaca.gov> Sent: Wed, Jan 12, 2022 6:50 am Subject: Re: Cost of a unit of housing Firefox https://outlook.office.com/mail/AAMkAGJiMWY1OTY1LTBhY2EtN... 2 of 3 4/2/22, 10:21 AM Mr. Tyerman, I reviewed the paragraph you quote below, and the language is wrong. The sentence should read as shown below in red, and I have changed the language in the element. The $317,000 for affordable rental units is still correct. The paragraph below should have stated that the calculation was for a single family home. I apologize for the confusion and thank you for catching the error. Nicole Nicole Sauviat Criste Principal TERRA NOVA PLANNING & RESEARCH, INC.® 42635 Melanie Place, Ste 101 PALM DESERT, CA. 92211 (760) 341-4800 FAX#: 760-341-4455 E-Mail: ncriste@terranovaplanning.com From: AOL Mail Reply-To: AOL Mail Date: Tuesday, January 11, 2022 at 10:16 PM To: "clflores@laquintaca.gov" <clflores@laquintaca.gov>, Nicole Criste <ncriste@terranovaplanning.com> Subject: Cost of a unit of housing Hi Nicole and Cheri, Here is the quote from page 233 of the HE report showing the cost per unit is not $386,200. Up from the $317,000. It also shows an increase in developer fees from $29,000 to $38,613. I suspect the $386,200 is documented in another place in the HE. As I asked tonight how do we explain the increases, both in total cost and in the developer fees? Thanks for a great meeting tonight and your good work to get us here. Dale Table II-46 presents an overview of City fees for an average 1,500- square-foot tract home with a two-car garage in a low density subdivision and an average 950-square-foot multifamily home with a two-car garage. Table II-47 identifies fees for various planning actions, such as zoning changes, tentative tract maps, and conditional use permits. Based on the fees presented in these tables, and the average cost of building an affordable housing unit a single family home in the City ($386,200), the development fees per unit would be about $38,613 per unit, or 10% of the building cost. Given that the City’s fee schedule and development impact fees are consistent with those of other Coachella Valley cities, and that affordable housing projects are often exempted from fees, the costs associated with City fees are not considered a constraint to the development of affordable housing. Firefox https://outlook.office.com/mail/AAMkAGJiMWY1OTY1LTBhY2EtN... 3 of 3 4/2/22, 10:21 AM