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(2) The TIAR shall assess impacts to transportation facilities in the immediate vicinity and <br />general area of the project, and to the transportation facilities serving the project area. <br />(3) The TIAR shall include projections for future growth in traffic, for a minimum of five, ten, <br />and twenty years, and shall include other approved or proposed development that is expected to impact <br />the project area, with reasonable assumptions about the build-out of such development. <br />(4) The TIAR shall present an assessment of the impacts of the project on LOS and an evaluation <br />of alternative plans for mitigating those impacts. The evaluation shall include budgetary cost estimates <br />for the capital and operating costs of promising alternative plans. <br />(e) Mitigation Required. <br />(1 } If the LOS for any transportation facility in the project area is (A) currently worse than the <br />acceptable level of service, or (B) projected to become worse than the acceptable level of service during <br />the five year period of the TIAR, any rezoning of the property, if approved, shall contain conditions that <br />require mitigation of adverse traffic effects before occupancy of the project is permitted, or that <br />occupancy be delayed until the level of service has reached the acceptable level and is no longer <br />projected to be worse than the acceptable level. <br />(2) Where the LOS deficiency is due to roadway or intersection deficiencies in the immediate <br />vicinity of the project, the conditions of zoning shall require local mitigation. Where the deficiency in <br />LOS is due to insufficient capacity in the transportation facilities serving the project area, the conditions <br />of zoning shall require area mitigation. <br />(3) If there is more than one way to mitigate an adverse effect, the director shall present to the <br />council the pros and cons of the alternatives. <br />(f) Mitigation requirements will be deemed satisfied when: <br />(1) A public agency has committed funds for area mitigation that will remove the I.OS <br />deficiency. In the case of the State, commitment of funds means that the governor has released funds to <br />complete the improvement. In the case of the County, commitment of funds means that the council has <br />appropriated funds to complete the improvement; or <br />(2) The private developer's commitment to implement mitigation has been secured by bond or <br />equivalent security, or mandatory participation in an improvement district, community facilities district, <br />or other equivalent means of guaranteeing performance. <br />(g) A developer's area mitigation expenses shall be credited against any fair share or similar fee <br />requirement for roads. A developer's local mitigation expenses shall be credited against any fair share or <br />similar fee requirement for roads if the council determines that the mitigation substantially benefits the <br />general public and was not necessary primarily for the benefit of the project. In general, roads that are <br />necessary for access to or within a development or turn lanes for a private project shall not qualify for <br />fair sl-iare credit. <br />3 <br />