The City Council of the City of Culver City finds:
A. The purpose of this Subchapter is to facilitate the development and availability of housing affordable to a range of households with varying income levels within the City through creation and imposition of a fee on new commercial development, which will partially fund the need for affordable housing created by the workforce of this new commercial development.
B. The requirements of this Subchapter are based on a number of factors including, but not limited to, the City's commitment to increasing opportunities for affordable housing, the immediate need for affordable housing, as reflected in local, state, and federal housing regulations and policies; the demand for affordable housing created by commercial development; and the impact that the lack of affordable housing production has on the health, safety, and welfare of the City's residents including its impacts on traffic, transit and related air quality impacts, and the demands placed on the regional transportation infrastructure. Imposing a fee that is reasonably related to the burdens created by new commercial development on the City's need for affordable housing will enable the City to fund development of affordable housing units that will contribute to addressing these impacts and fulfilling these goals.
C. The City has commissioned the preparation of a jobs-housing nexus study. It shows, and the City Council finds, that there is a reasonable relationship between the purpose for which the fees established by this Subchapter are to be used and the type of development projects on which the fees are imposed, and between the amount of the fees and the cost of the affordable housing units or portion of the units attributable to the development on which the fees are imposed.
D. It is the intent of the City Council that the fee required by this Subchapter shall be supplementary to any conditions imposed upon a development project pursuant to other provisions of this Code, the City Charter, the Subdivision Map Act, the California Environmental Quality Act, and other state and local laws, which may authorize the imposition of project specific conditions on development.
(Ord. No. 2021-009 § 2 (part))