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HomeMy WebLinkAboutR-10974 accepting The 2017-18 annual report on development impact fees reaffirming thie necessity & make findings related to impact fee balances and in-lieu feesRESOLUTION NO. 10974 (2019 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, ACCEPTING THE 2017-18 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES REAFFIRMING THE NECESSITY OF DEVELOPMENT IMPACT FEES AND MAKE FINDINGS OF DEVELOPMENT IMPACT FEES AND MAKE FINDINGS RELATED TO IMPACT FEE BALANCES AND IN -LIEU FEES WHEREAS, the City has an established Development Impact Fee program and collects applicable fees accordingly; and 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. 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 2017-18 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. 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. 4. A copy of the approved resolution shall be forwarded to the Finance Director for use in overseeing these monies. R 10974 Resolution No. 10974 (2019 Series) Page 2 SECTION 4. These findings are based, in part, on information provided in the City of San Luis Obispo's 2017-19 Capital Improvement Plan. Upon motion of Council Member Christianson, seconded by Vice Mayor Pease, and on the following roll call vote: AYES: Council Members Christianson, Gomez, and Stewart, Vice Mayor Pease and Mayor Harmon NOES: None ABSENT: None The foregoing resolution was adopted this 15`h day of January 2019. ATTEST: Teresa Purrington 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 2—y` day of ZO Teresa Purrington City Clerk R 10974