| One of the good things about the new zoning (known as SEASP) for the lands in and around Los Cerritos Wetlands was the creation of a wetlands mitigation fund. Developers proposing to re-develop land near Los Cerritos Wetlands must pay into that fund to help mitigate the indirect impacts that their higher, denser developments will bring to the area. These impacts will be generated by the increased population around this unique and highly sensitive natural wetlands resource. The Sensitive Coastal Resource Fee will be $.25 per gross square foot for new (where there is a net increase in square footage) development. Which amounts to a total dollar figure of $670,000. The impact fee applies to approximately 2,547 units and 307,071 gross square feet of non-residential uses. The fee is derived from calculations focused on the estimated cost of the assumed “impact area,” which would be development adjacent to the Los Cerritos Wetlands, in the amount of 8 acres. This is an innovative and forward-thinking aspect of the new zoning and we were happy to see it included in the original authorizing vote for SEASP. On Tuesday the City Council voted to put the fee into place. While we wish the amount available for protecting our local wetlands was more, we recognize that the City had to balance legal, conservation, and other issues to come up with the fee amount. And you can be sure we will be working with the City to add to or improve this new mitigation fee ordinance where possible. Click here to see the agenda item that was before the City Council on Tuesday night and here to read our letter of concern. |
Additional protection as development proposals proceed under the new zoning for the lands in and around Los Cerritos Wetlands
