MAJOR THOROUGHFARE AND BRIDGE FEE PROGRAMJoint Powers Agreement • June 26th, 2013
Contract Type FiledJune 26th, 2013The City of Irvine, County of Orange, and neighbor cities entered into a Joint Powers Agreement to set up a development fee program in order to help pay for construction of the San Joaquin Hills and Foothill/Eastern Transportation Corridors. The Joint Powers Agreement was established because it had become apparent that the transportation corridors could not be fully funded from traditional revenue sources. Since future developments within prescribed areas will benefit from construction of these transportation facilities, it was decided that future development should pay a portion of these costs.