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HomeMy WebLinkAboutR-10853 Accepting the 2016-17 Annual report on development impact feesRESOLUTION NO. 10853 (2018 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, ACCEPTING THE 2016-17 ANNUAL REPORT ON DEVELOPMENT IMPACT FEES AND REAFFIRMING THE NECESSITY OF DEVELOPMENT IMPACT FEES 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 review as required by California 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 2016-17 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. 4. A copy of the approved resolution shall be forwarded to the Interim Director of Finance for use in overseeing these monies. R 10853 Resolution No. 10853 (2018 Series) Page 2 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 Christianson, seconded by Council Member Rivoire, and on the following roll call vote: AYES: Council Members Gomez, Rivoire and Pease, Vice Mayor Christianson and Mayor Harmon NOES: None ABSENT: None The foregoing resolution was adopted this 91h day of January 2018. I Mayor Hei i Harmon ATTEST: Carrie Gallagher City Clerk APPROVED AS TO FORM: istine 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, this k3 rd day of 1$ Carrie Gallagher City Clerk R 10853