Amended IN Senate June 12, 2024 Amended IN Assembly April 15, 2024 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 2553Introduced by Assembly Member FriedmanFebruary 14, 2024An act to amend Section 66005.1 of the Government Code, and to amend Section 21064.3 of the Public Resources Code, relating to land use.LEGISLATIVE COUNSEL'S DIGESTAB 2553, as amended, Friedman. Housing development: major transit stops: vehicular traffic impact fees.Existing law, the California Environmental Quality Act (CEQA) requires a lead agency, as defined, to prepare, or cause to be prepared, and certify the completion of an environmental impact report on a project that it proposes to carry out or approve that may have a significant effect on the environment or to adopt a negative declaration if it finds that the project will not have that effect. CEQA also requires a lead agency to prepare a mitigated negative declaration for a project that may have a significant effect on the environment if revisions in the project would avoid or mitigate that effect and there is no substantial evidence that the project, as revised, would have a significant effect on the environment.CEQA exempts from its requirements residential projects on infill sites and transit priority projects that meet certain requirements, including a requirement that the projects are located within 1/2 mile of a major transit stop. CEQA defines major transit stop to include, among other locations, the intersection of 2 or more major bus routes with a frequency of service interval of 15 minutes or less during the morning and afternoon peak commute periods.This bill would revise the definition of major transit stop to increase the frequency of service interval to 20 minutes.Existing law, the Mitigation Fee Act, imposes various requirements with respect to the establishment, increase, or imposition of a fee by a local agency as a condition of approval of a development project. Existing law requires a local agency that imposes a fee on a housing development for the purpose of mitigating vehicular traffic impacts to set the rate for the fee to reflect a lower rate of automobile trip generation if the housing development satisfies specified characteristics, including that the housing development is located within 1/2 mile of a transit station. Existing law defines transit station for these purposes to mean a rail or light-rail station, ferry terminal, bus hub, or bus transfer station. station, including planned transit stations whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.This bill would instead require the housing development to be located within 1/2 mile of a major transit stop programmed to be completed before the scheduled completion and occupancy of the housing development for purposes of a local agency setting the rate for a mitigating vehicular traffic impacts fee to reflect a lower rate of automobile trip generation. The bill would define major transit stop for these purposes to mean a site containing an existing rail or bus rapid transit station, a ferry terminal served by either a bus or rail transit service, the intersection of 2 or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods, or other major transit stops that are included in the applicable regional transportation plan.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 66005.1 of the Government Code is amended to read:66005.1. (a) When a local agency imposes a fee on a housing development pursuant to Section 66001 for the purpose of mitigating vehicular traffic impacts, if that housing development satisfies all of the following characteristics, the fee, or the portion thereof relating to vehicular traffic impacts, shall be set at a rate that reflects a lower rate of automobile trip generation associated with such housing developments in comparison with housing developments without these characteristics, unless the local agency adopts findings after a public hearing establishing that the housing development, even with these characteristics, would not generate fewer automobile trips than a housing development without those characteristics:(1) The housing development is meets both of the following criteria:(A) Is located within one-half mile of a major transit stop and there programmed to be completed before the scheduled completion and occupancy of the housing development.(B) There is direct access between the housing development and the major transit stop along a barrier-free walkable pathway not exceeding one-half mile in length.(2) Convenience retail uses, including a store that sells food, are located within one-half mile of the housing development.(3) The housing development provides either the minimum number of parking spaces required by the local ordinance, or no more than one onsite parking space for zero to two bedroom units, and two onsite parking spaces for three or more bedroom units, whichever is less.(b) If a housing development does not satisfy the characteristics in subdivision (a), the local agency may charge a fee that is proportional to the estimated rate of automobile trip generation associated with the housing development.(c) As used in this section, housing development means a development project with common ownership and financing consisting of residential use or mixed use where not less than 50 percent of the floorspace is for residential use.(d) For the purposes of this section, major transit stop has the meaning as the term is defined in Section 21064.3 of the Public Resources Code, except that, for purposes of this section, it also includes major transit stops that are included in the applicable regional transportation plan. Major transit stop includes planned major transit stops otherwise meeting this definition whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.(e) This section shall become operative on January 1, 2011.SEC. 2. Section 21064.3 of the Public Resources Code is amended to read:21064.3. Major transit stop means a site containing any of the following:(a) An existing rail or bus rapid transit station.(b) A ferry terminal served by either a bus or rail transit service.(c) The intersection of two or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods.
Amended IN Senate June 12, 2024 Amended IN Assembly April 15, 2024 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 2553Introduced by Assembly Member FriedmanFebruary 14, 2024An act to amend Section 66005.1 of the Government Code, and to amend Section 21064.3 of the Public Resources Code, relating to land use.LEGISLATIVE COUNSEL'S DIGESTAB 2553, as amended, Friedman. Housing development: major transit stops: vehicular traffic impact fees.Existing law, the California Environmental Quality Act (CEQA) requires a lead agency, as defined, to prepare, or cause to be prepared, and certify the completion of an environmental impact report on a project that it proposes to carry out or approve that may have a significant effect on the environment or to adopt a negative declaration if it finds that the project will not have that effect. CEQA also requires a lead agency to prepare a mitigated negative declaration for a project that may have a significant effect on the environment if revisions in the project would avoid or mitigate that effect and there is no substantial evidence that the project, as revised, would have a significant effect on the environment.CEQA exempts from its requirements residential projects on infill sites and transit priority projects that meet certain requirements, including a requirement that the projects are located within 1/2 mile of a major transit stop. CEQA defines major transit stop to include, among other locations, the intersection of 2 or more major bus routes with a frequency of service interval of 15 minutes or less during the morning and afternoon peak commute periods.This bill would revise the definition of major transit stop to increase the frequency of service interval to 20 minutes.Existing law, the Mitigation Fee Act, imposes various requirements with respect to the establishment, increase, or imposition of a fee by a local agency as a condition of approval of a development project. Existing law requires a local agency that imposes a fee on a housing development for the purpose of mitigating vehicular traffic impacts to set the rate for the fee to reflect a lower rate of automobile trip generation if the housing development satisfies specified characteristics, including that the housing development is located within 1/2 mile of a transit station. Existing law defines transit station for these purposes to mean a rail or light-rail station, ferry terminal, bus hub, or bus transfer station. station, including planned transit stations whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.This bill would instead require the housing development to be located within 1/2 mile of a major transit stop programmed to be completed before the scheduled completion and occupancy of the housing development for purposes of a local agency setting the rate for a mitigating vehicular traffic impacts fee to reflect a lower rate of automobile trip generation. The bill would define major transit stop for these purposes to mean a site containing an existing rail or bus rapid transit station, a ferry terminal served by either a bus or rail transit service, the intersection of 2 or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods, or other major transit stops that are included in the applicable regional transportation plan.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
Amended IN Senate June 12, 2024 Amended IN Assembly April 15, 2024
Amended IN Senate June 12, 2024
Amended IN Assembly April 15, 2024
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION
Assembly Bill
No. 2553
Introduced by Assembly Member FriedmanFebruary 14, 2024
Introduced by Assembly Member Friedman
February 14, 2024
An act to amend Section 66005.1 of the Government Code, and to amend Section 21064.3 of the Public Resources Code, relating to land use.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 2553, as amended, Friedman. Housing development: major transit stops: vehicular traffic impact fees.
Existing law, the California Environmental Quality Act (CEQA) requires a lead agency, as defined, to prepare, or cause to be prepared, and certify the completion of an environmental impact report on a project that it proposes to carry out or approve that may have a significant effect on the environment or to adopt a negative declaration if it finds that the project will not have that effect. CEQA also requires a lead agency to prepare a mitigated negative declaration for a project that may have a significant effect on the environment if revisions in the project would avoid or mitigate that effect and there is no substantial evidence that the project, as revised, would have a significant effect on the environment.CEQA exempts from its requirements residential projects on infill sites and transit priority projects that meet certain requirements, including a requirement that the projects are located within 1/2 mile of a major transit stop. CEQA defines major transit stop to include, among other locations, the intersection of 2 or more major bus routes with a frequency of service interval of 15 minutes or less during the morning and afternoon peak commute periods.This bill would revise the definition of major transit stop to increase the frequency of service interval to 20 minutes.Existing law, the Mitigation Fee Act, imposes various requirements with respect to the establishment, increase, or imposition of a fee by a local agency as a condition of approval of a development project. Existing law requires a local agency that imposes a fee on a housing development for the purpose of mitigating vehicular traffic impacts to set the rate for the fee to reflect a lower rate of automobile trip generation if the housing development satisfies specified characteristics, including that the housing development is located within 1/2 mile of a transit station. Existing law defines transit station for these purposes to mean a rail or light-rail station, ferry terminal, bus hub, or bus transfer station. station, including planned transit stations whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.This bill would instead require the housing development to be located within 1/2 mile of a major transit stop programmed to be completed before the scheduled completion and occupancy of the housing development for purposes of a local agency setting the rate for a mitigating vehicular traffic impacts fee to reflect a lower rate of automobile trip generation. The bill would define major transit stop for these purposes to mean a site containing an existing rail or bus rapid transit station, a ferry terminal served by either a bus or rail transit service, the intersection of 2 or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods, or other major transit stops that are included in the applicable regional transportation plan.
Existing law, the California Environmental Quality Act (CEQA) requires a lead agency, as defined, to prepare, or cause to be prepared, and certify the completion of an environmental impact report on a project that it proposes to carry out or approve that may have a significant effect on the environment or to adopt a negative declaration if it finds that the project will not have that effect. CEQA also requires a lead agency to prepare a mitigated negative declaration for a project that may have a significant effect on the environment if revisions in the project would avoid or mitigate that effect and there is no substantial evidence that the project, as revised, would have a significant effect on the environment.
CEQA exempts from its requirements residential projects on infill sites and transit priority projects that meet certain requirements, including a requirement that the projects are located within 1/2 mile of a major transit stop. CEQA defines major transit stop to include, among other locations, the intersection of 2 or more major bus routes with a frequency of service interval of 15 minutes or less during the morning and afternoon peak commute periods.
This bill would revise the definition of major transit stop to increase the frequency of service interval to 20 minutes.
Existing law, the Mitigation Fee Act, imposes various requirements with respect to the establishment, increase, or imposition of a fee by a local agency as a condition of approval of a development project. Existing law requires a local agency that imposes a fee on a housing development for the purpose of mitigating vehicular traffic impacts to set the rate for the fee to reflect a lower rate of automobile trip generation if the housing development satisfies specified characteristics, including that the housing development is located within 1/2 mile of a transit station. Existing law defines transit station for these purposes to mean a rail or light-rail station, ferry terminal, bus hub, or bus transfer station. station, including planned transit stations whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.
This bill would instead require the housing development to be located within 1/2 mile of a major transit stop programmed to be completed before the scheduled completion and occupancy of the housing development for purposes of a local agency setting the rate for a mitigating vehicular traffic impacts fee to reflect a lower rate of automobile trip generation. The bill would define major transit stop for these purposes to mean a site containing an existing rail or bus rapid transit station, a ferry terminal served by either a bus or rail transit service, the intersection of 2 or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods, or other major transit stops that are included in the applicable regional transportation plan.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 66005.1 of the Government Code is amended to read:66005.1. (a) When a local agency imposes a fee on a housing development pursuant to Section 66001 for the purpose of mitigating vehicular traffic impacts, if that housing development satisfies all of the following characteristics, the fee, or the portion thereof relating to vehicular traffic impacts, shall be set at a rate that reflects a lower rate of automobile trip generation associated with such housing developments in comparison with housing developments without these characteristics, unless the local agency adopts findings after a public hearing establishing that the housing development, even with these characteristics, would not generate fewer automobile trips than a housing development without those characteristics:(1) The housing development is meets both of the following criteria:(A) Is located within one-half mile of a major transit stop and there programmed to be completed before the scheduled completion and occupancy of the housing development.(B) There is direct access between the housing development and the major transit stop along a barrier-free walkable pathway not exceeding one-half mile in length.(2) Convenience retail uses, including a store that sells food, are located within one-half mile of the housing development.(3) The housing development provides either the minimum number of parking spaces required by the local ordinance, or no more than one onsite parking space for zero to two bedroom units, and two onsite parking spaces for three or more bedroom units, whichever is less.(b) If a housing development does not satisfy the characteristics in subdivision (a), the local agency may charge a fee that is proportional to the estimated rate of automobile trip generation associated with the housing development.(c) As used in this section, housing development means a development project with common ownership and financing consisting of residential use or mixed use where not less than 50 percent of the floorspace is for residential use.(d) For the purposes of this section, major transit stop has the meaning as the term is defined in Section 21064.3 of the Public Resources Code, except that, for purposes of this section, it also includes major transit stops that are included in the applicable regional transportation plan. Major transit stop includes planned major transit stops otherwise meeting this definition whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.(e) This section shall become operative on January 1, 2011.SEC. 2. Section 21064.3 of the Public Resources Code is amended to read:21064.3. Major transit stop means a site containing any of the following:(a) An existing rail or bus rapid transit station.(b) A ferry terminal served by either a bus or rail transit service.(c) The intersection of two or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 66005.1 of the Government Code is amended to read:66005.1. (a) When a local agency imposes a fee on a housing development pursuant to Section 66001 for the purpose of mitigating vehicular traffic impacts, if that housing development satisfies all of the following characteristics, the fee, or the portion thereof relating to vehicular traffic impacts, shall be set at a rate that reflects a lower rate of automobile trip generation associated with such housing developments in comparison with housing developments without these characteristics, unless the local agency adopts findings after a public hearing establishing that the housing development, even with these characteristics, would not generate fewer automobile trips than a housing development without those characteristics:(1) The housing development is meets both of the following criteria:(A) Is located within one-half mile of a major transit stop and there programmed to be completed before the scheduled completion and occupancy of the housing development.(B) There is direct access between the housing development and the major transit stop along a barrier-free walkable pathway not exceeding one-half mile in length.(2) Convenience retail uses, including a store that sells food, are located within one-half mile of the housing development.(3) The housing development provides either the minimum number of parking spaces required by the local ordinance, or no more than one onsite parking space for zero to two bedroom units, and two onsite parking spaces for three or more bedroom units, whichever is less.(b) If a housing development does not satisfy the characteristics in subdivision (a), the local agency may charge a fee that is proportional to the estimated rate of automobile trip generation associated with the housing development.(c) As used in this section, housing development means a development project with common ownership and financing consisting of residential use or mixed use where not less than 50 percent of the floorspace is for residential use.(d) For the purposes of this section, major transit stop has the meaning as the term is defined in Section 21064.3 of the Public Resources Code, except that, for purposes of this section, it also includes major transit stops that are included in the applicable regional transportation plan. Major transit stop includes planned major transit stops otherwise meeting this definition whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.(e) This section shall become operative on January 1, 2011.
SECTION 1. Section 66005.1 of the Government Code is amended to read:
### SECTION 1.
66005.1. (a) When a local agency imposes a fee on a housing development pursuant to Section 66001 for the purpose of mitigating vehicular traffic impacts, if that housing development satisfies all of the following characteristics, the fee, or the portion thereof relating to vehicular traffic impacts, shall be set at a rate that reflects a lower rate of automobile trip generation associated with such housing developments in comparison with housing developments without these characteristics, unless the local agency adopts findings after a public hearing establishing that the housing development, even with these characteristics, would not generate fewer automobile trips than a housing development without those characteristics:(1) The housing development is meets both of the following criteria:(A) Is located within one-half mile of a major transit stop and there programmed to be completed before the scheduled completion and occupancy of the housing development.(B) There is direct access between the housing development and the major transit stop along a barrier-free walkable pathway not exceeding one-half mile in length.(2) Convenience retail uses, including a store that sells food, are located within one-half mile of the housing development.(3) The housing development provides either the minimum number of parking spaces required by the local ordinance, or no more than one onsite parking space for zero to two bedroom units, and two onsite parking spaces for three or more bedroom units, whichever is less.(b) If a housing development does not satisfy the characteristics in subdivision (a), the local agency may charge a fee that is proportional to the estimated rate of automobile trip generation associated with the housing development.(c) As used in this section, housing development means a development project with common ownership and financing consisting of residential use or mixed use where not less than 50 percent of the floorspace is for residential use.(d) For the purposes of this section, major transit stop has the meaning as the term is defined in Section 21064.3 of the Public Resources Code, except that, for purposes of this section, it also includes major transit stops that are included in the applicable regional transportation plan. Major transit stop includes planned major transit stops otherwise meeting this definition whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.(e) This section shall become operative on January 1, 2011.
66005.1. (a) When a local agency imposes a fee on a housing development pursuant to Section 66001 for the purpose of mitigating vehicular traffic impacts, if that housing development satisfies all of the following characteristics, the fee, or the portion thereof relating to vehicular traffic impacts, shall be set at a rate that reflects a lower rate of automobile trip generation associated with such housing developments in comparison with housing developments without these characteristics, unless the local agency adopts findings after a public hearing establishing that the housing development, even with these characteristics, would not generate fewer automobile trips than a housing development without those characteristics:(1) The housing development is meets both of the following criteria:(A) Is located within one-half mile of a major transit stop and there programmed to be completed before the scheduled completion and occupancy of the housing development.(B) There is direct access between the housing development and the major transit stop along a barrier-free walkable pathway not exceeding one-half mile in length.(2) Convenience retail uses, including a store that sells food, are located within one-half mile of the housing development.(3) The housing development provides either the minimum number of parking spaces required by the local ordinance, or no more than one onsite parking space for zero to two bedroom units, and two onsite parking spaces for three or more bedroom units, whichever is less.(b) If a housing development does not satisfy the characteristics in subdivision (a), the local agency may charge a fee that is proportional to the estimated rate of automobile trip generation associated with the housing development.(c) As used in this section, housing development means a development project with common ownership and financing consisting of residential use or mixed use where not less than 50 percent of the floorspace is for residential use.(d) For the purposes of this section, major transit stop has the meaning as the term is defined in Section 21064.3 of the Public Resources Code, except that, for purposes of this section, it also includes major transit stops that are included in the applicable regional transportation plan. Major transit stop includes planned major transit stops otherwise meeting this definition whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.(e) This section shall become operative on January 1, 2011.
66005.1. (a) When a local agency imposes a fee on a housing development pursuant to Section 66001 for the purpose of mitigating vehicular traffic impacts, if that housing development satisfies all of the following characteristics, the fee, or the portion thereof relating to vehicular traffic impacts, shall be set at a rate that reflects a lower rate of automobile trip generation associated with such housing developments in comparison with housing developments without these characteristics, unless the local agency adopts findings after a public hearing establishing that the housing development, even with these characteristics, would not generate fewer automobile trips than a housing development without those characteristics:(1) The housing development is meets both of the following criteria:(A) Is located within one-half mile of a major transit stop and there programmed to be completed before the scheduled completion and occupancy of the housing development.(B) There is direct access between the housing development and the major transit stop along a barrier-free walkable pathway not exceeding one-half mile in length.(2) Convenience retail uses, including a store that sells food, are located within one-half mile of the housing development.(3) The housing development provides either the minimum number of parking spaces required by the local ordinance, or no more than one onsite parking space for zero to two bedroom units, and two onsite parking spaces for three or more bedroom units, whichever is less.(b) If a housing development does not satisfy the characteristics in subdivision (a), the local agency may charge a fee that is proportional to the estimated rate of automobile trip generation associated with the housing development.(c) As used in this section, housing development means a development project with common ownership and financing consisting of residential use or mixed use where not less than 50 percent of the floorspace is for residential use.(d) For the purposes of this section, major transit stop has the meaning as the term is defined in Section 21064.3 of the Public Resources Code, except that, for purposes of this section, it also includes major transit stops that are included in the applicable regional transportation plan. Major transit stop includes planned major transit stops otherwise meeting this definition whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.(e) This section shall become operative on January 1, 2011.
66005.1. (a) When a local agency imposes a fee on a housing development pursuant to Section 66001 for the purpose of mitigating vehicular traffic impacts, if that housing development satisfies all of the following characteristics, the fee, or the portion thereof relating to vehicular traffic impacts, shall be set at a rate that reflects a lower rate of automobile trip generation associated with such housing developments in comparison with housing developments without these characteristics, unless the local agency adopts findings after a public hearing establishing that the housing development, even with these characteristics, would not generate fewer automobile trips than a housing development without those characteristics:
(1) The housing development is meets both of the following criteria:
(A) Is located within one-half mile of a major transit stop and there programmed to be completed before the scheduled completion and occupancy of the housing development.
(B) There is direct access between the housing development and the major transit stop along a barrier-free walkable pathway not exceeding one-half mile in length.
(2) Convenience retail uses, including a store that sells food, are located within one-half mile of the housing development.
(3) The housing development provides either the minimum number of parking spaces required by the local ordinance, or no more than one onsite parking space for zero to two bedroom units, and two onsite parking spaces for three or more bedroom units, whichever is less.
(b) If a housing development does not satisfy the characteristics in subdivision (a), the local agency may charge a fee that is proportional to the estimated rate of automobile trip generation associated with the housing development.
(c) As used in this section, housing development means a development project with common ownership and financing consisting of residential use or mixed use where not less than 50 percent of the floorspace is for residential use.
(d) For the purposes of this section, major transit stop has the meaning as the term is defined in Section 21064.3 of the Public Resources Code, except that, for purposes of this section, it also includes major transit stops that are included in the applicable regional transportation plan. Major transit stop includes planned major transit stops otherwise meeting this definition whose construction is programmed to be completed prior to the scheduled completion and occupancy of the housing development.
(e) This section shall become operative on January 1, 2011.
SEC. 2. Section 21064.3 of the Public Resources Code is amended to read:21064.3. Major transit stop means a site containing any of the following:(a) An existing rail or bus rapid transit station.(b) A ferry terminal served by either a bus or rail transit service.(c) The intersection of two or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods.
SEC. 2. Section 21064.3 of the Public Resources Code is amended to read:
### SEC. 2.
21064.3. Major transit stop means a site containing any of the following:(a) An existing rail or bus rapid transit station.(b) A ferry terminal served by either a bus or rail transit service.(c) The intersection of two or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods.
21064.3. Major transit stop means a site containing any of the following:(a) An existing rail or bus rapid transit station.(b) A ferry terminal served by either a bus or rail transit service.(c) The intersection of two or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods.
21064.3. Major transit stop means a site containing any of the following:(a) An existing rail or bus rapid transit station.(b) A ferry terminal served by either a bus or rail transit service.(c) The intersection of two or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods.
21064.3. Major transit stop means a site containing any of the following:
(a) An existing rail or bus rapid transit station.
(b) A ferry terminal served by either a bus or rail transit service.
(c) The intersection of two or more major bus routes with a frequency of service interval of 20 minutes or less during the morning and afternoon peak commute periods.