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HomeMy WebLinkAboutR-11563 authorizing various fund reappropriations and transfers to support the Righetti Community PaR 11563 RESOLUTION NO. 11563 (2025 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, AUTHORIZING VARIOUS FUND REAPPROPRIATIONS AND TRANSFERS TO SUPPORT THE RIGHETTI COMMUNITY PARK PROJECT, SPECIFICATION NUMBER 2000054, AND APPROVING AN ADDENDUM TO THE ORCUTT AREA SPECIFIC PLAN (OASP) ENVIRONMENTAL IMPACT REPORT FOR THE RIGHETTI COMMUNITY PARK PROJECT WHEREAS, Righetti Community Park was identified in the OASP as a key public amenity, planned to serve both the Orcutt Area and the broader San Luis Obispo community; and WHEREAS, the decision to lead construction of the OASP Parks was identified in 2016 as an update to the OASP Public Facilities Financing Plan; and WHEREAS, the OASP Parks, originally estimated at $6.04 million in 2016, are now estimated at $24.23 million due to construction inflation and the progression of detailed design plans; and WHEREAS, the current design of the Righetti Community Park aligns with the general intent of the OASP, while incorporating refinements into the design rather than major modifications that would significantly affect the scope of the project; and WHEREAS, the original assumption that developers would fund 100% of the community park through impact fees is no longer viable due to rising construction costs, delays in park development and limited remaining development to generate additional fees; and WHEREAS, the City has supported the parks’ advancement through successive Financial Plans, beginning in 2019–21 and continuing through the 2023–25 cycle, and WHEREAS, funding to support the OASP Parks was previously allocated into the Development Related Park Improvement Project Account (2000057) in various sub-task, and WHEREAS, to fund construction for the project, staff is recommending the City Council approve the transfer of $304,637 in Capital Outlay Funds (LRM) from the Development Related Park Improvements account (2000057-00); and Docusign Envelope ID: 1CFD7B88-0768-4DF1-BDD6-56EC63CE08C9 Resolution No. 11563 (2025 Series) Page 2 R 11563 WHEREAS, to fund construction for the project, staff is recommending the City Council approve the transfer of $3,987,138 in Capital Outlay Funds (LRM) from the Development Related Park Improvements account (2000057-02); and WHEREAS, to fund construction for the project, staff is recommending the City Council approve the transfer of $19,802.04 in OASP Park Improvement Funds from the Development Related Park Improvements account (2000057-03); and WHEREAS, to fund construction for the project, staff is recommending the City Council approve the transfer of $1,558,970.27 in OASP Park Improvement Funds from the Development Related Park Improvements account (2000057-03); and WHEREAS, to fund construction for the project, staff is recommending the City Council approve the transfer of $14,850.80 in OASP Park Improvement Funds from the Development Related Park Improvements account (2000057-04); and WHEREAS, to fund construction for the project, staff is recommending the City Council approve the transfer of $783,512.85 in Capital Outlay Funds (LRM) from the Development Related Park Improvements account (2000057-05); and WHEREAS, to fund construction for the project, staff is recommending the City Council approve the transfer of $500,000 in OASP Park Improvement Funds from the Development Related Park Improvements account (2000057-05); and WHEREAS, to represent available and collected funds, staff is recommending the City Council disappropriate $180,197.96 in OASP Park Improvement Funds from the Development Related Park Improvements account (2000057) due to the overcommitment of the fund; and WHEREAS, to remove funding that will be used for other projects, staff is recommending the City Council reappropriate $1,136,522 in Park Improvement Impact Fee- Citywide Fund back to the unallocated fund’s balance from the Development Related Park Improvements account (2000057). Docusign Envelope ID: 1CFD7B88-0768-4DF1-BDD6-56EC63CE08C9 Resolution No. 11563 (2025 Series) Page 3 R 11563 NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. Environmental Review. The transfer of funds is not subject to environmental review under the California Environmental Quality Act (CEQA) because it is not a “project” as defined by CEQA Guidelines Section 15378. An addendum to the Orcutt Area Specific Plan Final Environmental Impact Report (Final EIR) has been prepared for the Righetti Community Park Project in accordance with the requirements of CEQA Guidelines Section 15162 and 15164. The Addendum concluded that: 1. The Righetti Community Park project is consistent with the OASP and the assumptions evaluated in the 2010 Final EIR; 2. No new or more severe environmental impacts would result from the proposed design; 3. No new significant information or changed circumstances exist that would require further review; and 4. All applicable mitigation measures continue to apply and remain effective. Subsequent or supplemental environmental review is not required. Docusign Envelope ID: 1CFD7B88-0768-4DF1-BDD6-56EC63CE08C9 Resolution No. 11563 (2025 Series) Page 4 R 11563 SECTION 2: Action. The City Council authorizes disappropriating $180,197.96 overcommitted OASP Park Improvement Funds from the Development Related Park Improvements project; reappropriate $1,136,522 in Park Improvement Impact Fee – Citywide Fund back to the fund’s unallocated balance; approve the transfer of $5,075,278.85 in Capital Outlay (LRM) Fund, $2,093,623.11 OASP Park Improvement Funds from the Development Related Park Improvements account (2000057) to the Righetti Community Park account (2000054). The City Council additionally approves the Addendum to the OASP Final EIR. Upon motion of Council Member Francis, 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 20th day of May 2025. ___________________________ 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: 1CFD7B88-0768-4DF1-BDD6-56EC63CE08C9 6/6/2025 | 10:06 AM PDT