Meeting Time: August 20, 2024 at 10:00am PDT
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Agenda Item

13. Recommendation to approve a Regional Road Impact Fee (RRIF) Offset Agreement between the Regional Transportation Commission of Washoe County (RTC), Lemmon Drive Villas Property LLC, and Washoe County for eligible improvements to be made to the intersection of Lemmon Drive, Vista Knolls Parkway, and Sunset View Drive for the Lemmon Drive Estates and Highland Project. Under the RRIF Program, offset agreements are allowed to provide waivers of Regional Road Impact Fees in exchange for contributions of Offered Improvements, which may then be used to offset Regional Road Impact Fees. The RRIF Offset Agreement being authorized by this action will result in an estimated $534,635.00 in RRIF Waivers being issued to Lemmon Drive Villas Property LLC in exchange for roadway infrastructure designed, built, and dedicated by the Lemmon Drive Villas Property LLC within the Lemmon Valley area of Washoe County. Community Services. (Commission District 5.) FOR POSSIBLE ACTION