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HomeMy WebLinkAboutR-10765 - Resolution accepting the 2015-16 annual report on development feesRESOLUTION NO. 10765 (2017 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, ACCEPTING THE 2015-16 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES, REAFFIRMING THE NECESSITY OF DEVELOPMENT IMPACT FEES AND MAKE FINDINGS RELATED TO IMPACT FEE BALANCES AND IN -LIEU FEES WHEREAS, within 180 days after the last day of each fiscal year, the City of San Luis Obispo ("City") is required to make certain information regarding the City's development impact fees publicly available. That information is set forth in Government Code § 66006(b)(1)(A)—(H); and WHEREAS, the City is further 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 information required to be made publicly available pursuant to Government Code § 66006(b)(1)(A)—(H), including, but not limited to, documents describing 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 Government Code § 66006(b)(2). 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 2015-16 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. R 10765 Resolution No. 10765 (2017 Series) Page 2 4. A copy of the approved resolution shall be forwarded to the Interim 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 Vice Mayor Rivoire, seconded by Council Member Christianson, and on the following roll call vote: AYES: Council Members Christianson, Gomez and Pease Vice Mayor Rivoire and Mayor Harmon NOES: None ABSENT: None The foregoing resolution was adopted this 3rd day of January 2017. ATTEST: n. Carrie Gallagher City Clerk APPROVED AS TO FORM: IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, this i D V� day of 3anuw,(LN , '2-o l A. Carrie Gallagher City Clerk R 10765