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HomeMy WebLinkAboutR-11535 accepting the 2023-24 Annual Report on Development Impact Fees (AB 1600) and making findings related to the Development Fees held longer than five yearsR 11535 RESOLUTION NO. 11535 (2024 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, ACCEPTING THE 2023-24 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES AND MAKING FINDINGS RELATED TO DEVELOPMENT IMPACT FEES HELD LONGER THAN FIVE YEARS WHEREAS, the City of San Luis Obispo (“City”) has an established Development Impact Fee program and collects applicable impact fees pursuant to Municipal Code Chapter 4.56; 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 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 NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows/or that (whatever action is needed): SECTION 1. Recitals. All the above recitals are true and correct and are incorporated herein by this reference. SECTION 2. Acceptance. The 2023-24 Annual Report on Development Impact Fees, attached hereto as Exhibit A, is hereby accepted. SECTION 3. Findings. The findings reflected in the 2023-24 Annual Report on Development Impact Fees, related to fee revenue held longer than five years are hereby adopted. Docusign Envelope ID: 77460BAD-D0F3-40AC-AE4D-B2A28B91B126 Resolution No. 11535 (2024 Series) Page 2 R 11535 Upon motion of Vice Mayor Shoresman, seconded by Council Member Marx, and on the following roll call vote: AYES: Council Member Boswell, Francis, Marx, Vice Mayor Shoresman, and Mayor Stewart NOES: None ABSENT: None The foregoing resolution was adopted this 10th day of December 2024. ___________________________ 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: 77460BAD-D0F3-40AC-AE4D-B2A28B91B126 12/14/2024 | 12:24 PM PST