Webinar - Implementing SB 743
Tuesday, October 30, 10-11 AM
Join CLEE's Ethan Elkind and Ted Lamm, along with Chris Ganson and Jeannie Lee of the Governor's Office of Planning and Research, as they discuss CLEE's recent report, Implementing SB 743.
California law now requires developers of new projects, like apartment buildings, offices, and roads, to reduce the amount of overall driving miles the projects generate. To facilitate compliance with Senate Bill 743 (Steinberg, 2013), some local and regional leaders are seeking to create special "banks" or "exchanges" to allow developers to fund off-site projects that reduce vehicle miles traveled (VMT), such as new bike lanes, transit, and busways.
CLEE's new report, Implementing SB 743, provides a comprehensive review of key legal and policy considerations for local and regional agencies tasked with crafting these innovative mechanisms. Our webinar will discuss these considerations and your questions, including:
- Legal requirements under CEQA and Constitutional case law;
- Criteria for mitigation project selection and prioritization;
- Methods to verify VMT mitigation and "additionality"; and
- Measures to ensure equitable distribution of projects.
The webinar will also discuss key bank and exchange features such as:
- Measures to verify the legitimacy of claimed VMT reductions, as well as their "additionality";
- Prioritization of individual mitigation projects, in order to ensure that reductions are achieved as quickly and efficiently;
- Rigorous backstops to ensure that disadvantaged communities are not negatively impacted by-and ideally can benefit from-the ability of developers to move mitigation off-site; and
- Demonstration of both a reasonable substantive relationship and financial proportionality between the proposed development and the fee or condition placed on it.
Register for the webinar here today, or
access the webinar directly here on October 30 at 10 AM Pacific.
We look forward to your joining us next week!