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HomeMy WebLinkAboutR-11386 accepting the 2021-22 Annual Report on Development Impact Fees (AB 1600) reaffirming the necessity for Development Impact Fees and make findings related to Impact Fee BalancesR 11386 RESOLUTION NO. 11386 (2023 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, ACCEPTING THE 2021-22 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES REAFFIRMING THE NECESSITY FOR DEVELOPMENT IMPACT FEES AND MAKE FINDINGS RELATED TO IMPACT FEE BALANCES AND IN-LIEU FEES WHEREAS, the City of San Luis Obispo (“City”) has an established Development Impact Fee program and collects applicable fees accordingly; and WHEREAS, the City is required to make certain findings every five years with respect to the unexpended fund balance of certain development impact fee funds pursuant to California Government Code section 66001; and WHEREAS, the documents reflecting the balance in each development impact fee fund or account, accrued interest in said fund or account and the amount of expenditure by public facility for the fiscal year have been made available for public review as required by California Government Code section 66006; and NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. Recitals. All of the above recitals are true and correct and are incorporated herein by this reference. SECTION 2. Acceptance. The 2021-22 Annual Report on Development Impact Fees is hereby accepted. SECTION 3. Findings. The following findings are made as required under Government Code section 66001: 1. The purpose to which each Development Impact Fee is collected for has been identified. 2. There is a continued need for the improvements and that there is a reasonable relationship between the fee, the timing of the improvements, and the impacts for development for which the fees are collected. i. Excess funding in the Margarita Area Park Impact Fee Fund continues to be held since the land zoned for the park space is privately owned and the current owners are not interested in selling. The City still anticipates using the funds collected for the MASP park at the time the landowner decides to sell or develop the property. ii. Excess funding in the Airport Area Transportation Impact Fee Fund is held for the planned Prado Road Interchange which will mitigate transportation impacts in this area. Construction of the interchange is currently programmed to initiate in summer 2025. DocuSign Envelope ID: 8958C56F-7C19-496E-8BA3-338B2F6D7807 Resolution No. 11386 (2023 Series) Page 2 R 11386 3. The sources and amounts of funding anticipated to complete the financing of capital projects have been identified and will be deposited into the appropriate account upon receipt or during the normal capital improvement p rogram budget cycle. 4. A copy of the approved resolution shall be forwarded to the Finance Director for use in overseeing these monies. SECTION 4. These findings are based, in part, on information provided in the City of San Luis Obispo’s 2021-23 Capital Improvement Plan. Upon motion of Vice Mayor Marx, seconded by Council Member Shoresman, and on the following roll call vote: AYES: Council Member Francis, Pease, Shoresman, Vice Mayor Marx, and Mayor Stewart NOES: None ABSENT: None The foregoing resolution was adopted this 17th day of January 2023. ___________________________ Mayor Erica A. Stewart ATTEST: ______________________ Teresa Purrington City Clerk APPROVED AS TO FORM: ______________________ J. Christine Dietrick City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, on ______________________. ___________________________ Teresa Purrington City Clerk DocuSign Envelope ID: 8958C56F-7C19-496E-8BA3-338B2F6D7807 1/20/2023 | 7:43 AM PST