Chico City Council adopted an ordinance adjusting development impact fees.

SUMMARY OF ORDINANCE NO. 2620 ADOPTED BY THE CHICO CITY COUNCIL Pursuant to Government Code section 36933(c), the following summary shall serve as the publication requirement for adoption of an ordinance adding various sections to the Chico Municipal Code regarding the annual adjustments of development impact fees. The ordinance, as summarized below, was adopted by the Chico City Council at its meeting of March 3, 2026. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CHICO AMENDING SECTIONS 3.85.320, 3.85.420, 3.85.520, AND 3.85.620 OF THE CHICO MUNICIPAL CODE RELATING TO ANNUAL ADJUSTMENTS OF DEVELOPMENT IMPACT FEES TO ALLOW FOR FEE DECREASES WHEN APPLICABLE CONSTRUCTION COST INDICES DECLINE The City Council of the City of Chico introduced an ordinance at its February 17, 2026 meeting, and adopted an ordinance at its meeting of March 3, 2026, that amend provisions of the Municipal Code governing annual adjustments to development impact fees for transportation, storm drainage, park facilities, and building and equipment. The amendments allow fees to be adjusted downward as well as upward based on changes in applicable construction cost indices. The ordinance will become effective thirty (30) days after final adoption. The ordinance was adopted by the following vote of the City Council: For: Goldstein, Hawley, O'Brien, van Overbeek, Winslow, Bennett, Reynolds; Against: None. Copies of the ordinance are available for review in the City Clerk's Office, Municipal Center, 411 Main Street, Chico 95928.