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In addition to the Quimby ordinance, many local agencies have put in place a "park impact fee" which requires a "Nexus Study" to measure the impact new residents (or workers/customers/ visitors) place on the public park lands and facilities. A park impact fee (which is separate from a Quimby fee) may be imposed on all development - - - residential, commercial and industrial. Park impact fees have become more common among California agencies (since Quimby fees only apply to residential development and may not be sufficient in and of themselves to complete public parks and alleviate the impact of new development). The City of Thousand Oaks is approaching build -out and the square footage of planned new development which may be subject to such a fee may or may not warrant the establishment and imposition of such a fee. A "Nexus Study" may help to answer that question. In addition, since such a fee would be created and implemented via the development approval process, the City of Thousand Oaks would be a critical partner in the establishment and implementation of such a fee through its ordinances and the conditioning process associated with permitting of new development. In addition to performing a Park Impact Fee Nexus Study, the consultant will be asked to review the application of the existing Quimby ordinance to residential development within the Thousand Oaks Boulevard Specific Plan. This area had largely been limited by zoning laws to commercial development, but under the recently approved Specific Plan, there may also be a mix of residential and commercial uses. A possible outcome of the consultant's review may be a recommendation for a modified approach to calculation of the Quimby fee within that Specific Plan area. STRATEGIC PLAN COMPLIANCE 3.2.4 Conduct a development impact fee study to determine whether the District is adequately capturing fees associated with the impacts of all new development. HILLCREST CENTER 403 WEST HILLCREST DRIVE, THOUSAND OAKS, CALIFORNIA 91360-4223 (805) 495-6471 FAX: (805) 497-3199 E-MAIL:parks@crpd.org