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HomeMy WebLinkAboutR-10679 - ACCEPTING THE 2014-15 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES AND REAFFIRMING THE NECESSITY OF DEVELOPMENT IMPACT FEES AND A FINDING THAT FEES ARE NEEDED IN THE AIRPORT AREA SPECIFIC PLANRESOLUTION NO. 10679 (2015 Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, ACCEPTING THE 2014 -15 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES AND REAFFIRMING THE NECESSITY OF DEVELOPMENT IMPACT FEES AND A FINDING THAT FEES ARE NEEDED IN THE AIRPORT AREA SPECIFIC PLAN WHEREAS, the City of San Luis Obispo ( "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 view as required by Government Code section 66006. 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 2014 -15 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 to be put has been identified. 2. There is a continued need for the improvements and that there is a reasonable relationship between the fee and the impacts for development for which the fees are collected. 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 program budget cycle. Resolution No. 10679 (2015 Series) Page 2 4. As of June 30, 2015, the balance in Account 450, Airport Area Impact Fee of $349,383 has been has been held longer than five years. At this time, the City Council finds that these uncommitted funds have a specified purpose for projects identified in the adopted Airport Area Specific Plan and related fee programs and that there is a reasonable relationship between the fee and the purpose for which it was charged. Presently, there are not sufficient funds available to complete projects identified in the AASP program, such as the financing of improvements on Tank Farm Road or the Santa Fe Road Bridge Realignment. In FY 15 -16 the Council has allocated $50,000 to commence a Project Study Report for the Santa Fe Road Bridge Relocation project to determine project alternatives and costs for programming of design and environmental work in FY 2016 -17. AASP Fees are being held in the account for these purposes and other AASP purposes. 5. A copy of the approved resolution shall be forwarded to the Director of Finance 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 2015 -17 Capital Improvement Plan. Upon motion of Council Member Ashbaugh, seconded by Council Member Christianson, and on the following roll call vote: AYES: Council Members Ashbaugh, Christianson, and Rivoire, Vice Mayor Carpenter and Mayor Marx NOES: None ABSENT: None The foregoing resolution was adopted this 15th day of December, 2015. ATTEST: City Clerk 7711A �.. 4Jarx R 10679 Resolution No. 10679 (2015 Series) Page 3 APPROVED AS TO J.PFiristine Dietrick ity Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, this L day of J ctv; VPAj R 10679