HomeMy WebLinkAbout4.05 AnnualRptDevImpFee$ CITY CLERK
File # J -Iztlol
AGENDA STATEMENT
CITY COUNCIL MEETING DATE: December 17, 2002
SUBJECT: Annual Report of Developer Impact Fee Funds Deposits:
Pursuant to Government Code Sections 66001, 66006 and 66008
(AB 1600)
Report Prepared by: Carole A Perry, Administrative Services
Director and Fred Marsh, Finance Manager
ATTACHMENTS: 1. Annual Report of Developer Impact Fee Funds Deposits
2. Resolution Making Findings Regarding Unexpended
Developer Deposits For Public Improvements
RECOMMENDATION: ~ \6'4/~ccept the reports and adopt the Resolution
FINANCIAL STATEM'E-NT://) All Developer Deposits are anticipated to be utilized for the purpose
for which they were originally collected.
DESCRIPTION: A City is authorized under State Law to require development applicants to
contribute fees toward off-site improvements, which are needed as a result of the new development. The
report in Attachment 1 provides information related to the status of these funds from July 1, 2001 through
June 30, 2002.
Requirements of Law
The law requires the City to review on an annual basis the status of development mitigation fees collected.
Staff previously made available to the public a draft copy of this report on December 6, 2002. In the
event that any fees remain unexpended for more than five years, the City Council must adopt a Resolution
making certain findings. In the event that findings are not made to support the retention of the funds, the
unexpended fees must be returned to the current owners of the subject property.
Major Components of Report
Fund balance reserve accounts have been established for each of the City's Impact Fees and Downtown
Traffic Mitigation Contributions. The information presented in the attachments to this report identify the
status of developer contributions. The ending impact fee balances shown in this report match the amounts
that will be shown on the City Financial Records and reported in the City's Comprehensive Annual
Financial Report for Fiscal Year 2001-2002.
Section #1 of Attachment 1 contains an outline of the various disclosure requirements relating to impact
fees and shows which attachments contain the required information.
Section #2 of Attachment 1 identifies those contributions which have remained unexpended for more than
five years, discussed and summarized by project below:
COPIES TO:
ITEM NO.
G:~Impact FeesXAb 1600 - Impact Fees~FY 2001-02~GENDA.DOC t/4 ~._.
Unexpended Developer
Deposit Balances
Project Name as of June 30, 2002
St. Patrick Way - Regional to Golden Gate $75,578
Dublin Boulevard Improvements - Sierra $4,060
Court to Dougherty Road
Doughcrty Road - North of
Amador Valley Boulevard $8,245
Section #3 of Attachment 1 contains a breakdown of the accounts as of June 30, 2002. In Fiscal Year
2001-2002, interest was allocated to the impact fee funds based upon the average month end cash balances
in each fund.
Section #4 of Attachment 1 was prepared in order to meet the disclosure requirements under section
66006 of the California Government Code. This section of the 1aw requires that the report shows the
percentage of the costs of each public improvement that will be funded by impact fees as compared to
other fimding sources.
Proposed Resolution Making Necessary Findings
In order to retain fimds longer than five years certain findings must be made by the City Council. Staff
has identified ~thc findings necessary as part of the attached Resolution (Attachment 2). Adoption of the
Resolution allows the City to continue to retain the fccs discussed earlier in the report, in order to fund the
projects for which they were collected.
Staff would recommend that the City Council accept the attached reports and adopt the attached
Resolution (Attachment 2).
City of Dublin
Annual Report of Developer Impact Fee Funds Deposits
For the Year Ended June 30, 2002
ATTACHMENT 1
IMPACT FEE DISCLOSURE REQUIREMENTS
Government Code
Section .Requirement See Disclosure At
Provide the following:
66006 (b) (A) 1. A brief description of each of the City's impact fees. Section 2, Part A
66006 (b) (B) 2. The amount charged for the City's impact fees. Section 2, Part B
66006 (b) (C) 3. The beginning and ending balance for the City's Section 3
impact fee accounts.
66006 (b) (D) 4. The amount of fees collected and interest earned. Section 3
66006 (b) (E) 5. An identification of each public improvement on Sections 3 and 4
which fees were expended and the amount of the
expenditures on each improvement, including the
total percentage of the cost of the public
improvement that was funded with fees.
66006 (b) (G) 6. A description of each interfund transfer or loan Section 2, Part C
made from the account or fund, including the public
improvement on which the transferred or loaned fees
will be expended, and, in the case of an interfund
loan, the date on which the loan will be repaid, and
the rate of interest that the account or fund will
receive on the loan.
66006 (b) (H) 7. The amount of refunds made pursuant to Section 3
subdivision (e) of Section 66001 and any allocations
pursuant to subdivision (f) of Section 66001.
8. At the time the local agency imposes a fee for Section 2, Part B
public improvements on a specific development
project, it shall identify the public improvement that
the fee will be used to finance.
9. A determination that there is a reasonable Section 2, Part B
relationship between the fees' use and the type of
development project on which the fee is imposed.
10. A determination that there is a reasonable Section 2, Part B
relationship between the need for the public facility
and the type of project on which the fee is imposed.
G:\Impact Fees~Abl600 - Impact Fees~FV 2001-02\OUTLINE.DOC ATTACHMENT 1, SECTION 1
IMPACT FEE DISCLOSURE REQUIREMENTS
Government Code
Section Requirement See Disclosure At
11. For thc fifth year following the first deposit into the Section 2, Par~ D and
account or fund, and every five years thereafter, thc attached Resolution for
City shall make all of the following findings with items a-e below.
respect to those portions of thc impact fcc
remaining unexpcndcd, whether committed or
uncommitted.
66001 (d) (1) a. Identify the purpose to which the fee is to be used
for.
66001 (d) (2) b. Demonstrate a reasonable relationship between
the fee and the purpose for which it is to be
charged.
66001 (d) (3) c. Identify all sources and amounts of funding
anticipated to complete financing in incomplete
improvements.
66001 (d) (4) d. Designate the approximate dates on which the
funding referred to in item c above is expected to
be deposited into the appropriate account or fund.
66006 (b) (1) (F) e. When sufficient funds have been collected, the
agency shall identify, within 180 days of the
determination that sufficient funds have been
collected, an approximate date by which the
construction of the public improvements will
commence.
G:Xlmpact FeesXAbl600 - Impact FeesXFY 2001-02\OUTLINE.DOC ATTACHMENT 1, SECTION 1
DISCLOSURES RELATING TO THE CITY'S IMPACT FEES
A. DESCRIPTION OF THE CITY'S IMPACT FEES
The City of Dublin has established the following Impact Fees and Traffic Mitigation Contributions:
· Eastern Dublin Traffic Impact Fees
· Downtown Traffic Mitigation Contributions
· Public Facilities Impact Fees
· Park Dedication Fees
· Fire Impact Fees
· Tri Valley Transportation Development Fees
· Freeway Interchange Fees
· Noise Mitigation Fees
· ~ Dublin - Contra Costa Traffic Impact Mitigation Fees.
These impact fees were established to pay for the design, development and construction of projects for
streets, public facilities, parks, fire capital expansion projects and noise mitigation.
B. AMOUNTS CHARGED BY THE CITY FOR IMPACT FEES AND PUBLIC
IMPROVEMENTS FUNDED BY THESE FEES
The amounts charged for the impact fees noted above are dependent upon the type and size of a particular
development and were based upon related studies, conducted prior to the adoption of the fees. City
Council has adopted and imposed the subject £ees through the passage of the following resolutions:
Impact Fee Resolution / Ordinance
Eastern Dublin Traffic Impact Fees Resolution 225-99
Public Facility Impact Fees Resolution 60-99
Amended by Resolution 214-02
Park Dedication Fees Chapter 9.28 Dublin Municipal Code
Fire Impact Fees Resolution 37-97
Amended by Resolution 208-00
Tri Valley Transportation Development Fees Resolution 89-98
Amended by Resolution 85-99
Pleasanton Interchange Fees Resolution 11-96
Amended by Resolution 155-98
Noise Mitigation Fees Resolution 33-96
Dublin - Contra Costa Traffic Impact Resolution 74-00 and Contra Costa County
Mitigation Fees. Ordinance No. 2000-24
G:'tImpact FeesLa, bl600 - Impact FeesXFY 2001-02\disclosures on impact fees. DOC ATTACHMENT 1 SECTION 2
The studies adopted as part of the resolutions noted above identify the public improvements that those
fees will be used to finance. These studies also show that there is a reasonable relationship a.) between
the fees' use and the type of development project on which the fee is imposed and b.) between the need
for the public facility and the type of development project on which the fee is imposed.
C. INTERFUND LOANS AND TRANSFERS OF IMPACT FEES
No interfund loans or transfers of impact fees are outstanding and none were made during Fiscal Year
2001-2002.
D. ANALYSIS OF FEES LEVIED AGAINST DEVELOPMENT PROJECTS IN
ACCORDANCE WITH SEC. 66001 OF THE (CGC) AND UNSPENT AFTER 5 YEARS
The purpose of the review was to identify monies that had been collected and held for a period of more
than five years and to make appropriate disclosures. The City of Dublin has analyzed the balance of
monies held in its impact fee funds and has determined that there are three projects involving the use of
Downtown Traffic Mitigation Contributions which continue to hold funds for more than five years. The
Projects are accounted for in the adopted City of Dublin Five Year Capital Improvement Program 2002 -
2007. In accordance with State Law the City Council has previously adopted Resolution #202-01 on
12/4/01 declaring the need to continue to maintain the funds related to Projects 96850 and 96870 in order
to complete the intended projects.
Details related to the two projects and funds held for more than five years are identified below:
1. PROJECT 96850 - DOUGHERTY RD NORTH OF AMADOR VALLEY BLVD. TO
NORTH OF HOUSTON PLACE
Amount Collected in Fiscal Year 1990 Subject to 5 Year Limitation: $8,245
Project Cost As Identified In CIP: $6,142,688
Description of Project
This project consists of two phases. The first phase widened the travel lanes by removing existing dirt
medians on Dougherty Road and replacing them with new pavement. This completed the ultimate
pavement improvements for southbound traffic for this segment of Dougherty Road. A second phase of
this project will widen Dougherty Road from four to six lanes and will include landscaped medians from
Amador Valley Boulevard to north of Houston Place.
The first phase of this project allowed the two southbound lanes to move away from the westerly curb,
thus improving intersection sight distance and providing an area along the curb for bus stops, emergency
parking ~and on-street bicyclists. The City also overlayed this segment of Dougherty Road, including a
portion of Dougherty Road north of Amador Valley Boulevard.
Source of Funding
Federal ISTEA Grant, Local Measure B monies, State Gas Taxes, State SB 300 Grant, and Downtown
Traffic Mitigation Contributions.
Approximate Project Completion Dates
It is estimated that the project will be completed in Fiscal Year 2006-2007. It is possible that phases
based upon available funding could begin at an earlier date.
2. ST. PATRICK WAY - REGIONAL STREET TO GOLDEN GATE DRIVE 96870
Amount Collected in Fiscal Years 1994, 1995 and 1997 Subject to 5 Year Limitation: $75,578
Project Cost As Identified In CIP: $4,915,386
Description o£Proiect
This project will construct a 2-lane roadway between Golden Gate Drive and Regional Street south of and
parallel to Dublin Boulevard. The need for a connector road for three long commercial cul-de-sacs was
first identified in the City's original Downtown Study. This need is becoming more apparent as this
portion of the Central Business District develops further and the proposed BART parking lot is
constructed along Golden Gate Drive.
Source of Funding
Downtown Traffic Mitigation Contributions, BART mitigation funds, and developer mitigation
improvements.
Approximate Project Completion Dates
It is estimated that the timing of the complete contributions will be beyond Fiscal Year 2006-2007. It is
possible that phases based upon available funding could begin at an earlier date.
3. Dublin Boulevard Improvements - Sierra Court to Dougherty Road 96930
Amount Collected in Fiscal Year 1997 Subject to 5 Year Limitation: $4,060
Project Cost As Identified In CIP: $1,879,725
Description of Project
This project will widen and overlay Dublin Boulevard from Sierra Court to Dougherty Road. This project
will increase the roadway capacity from four to six lanes and add bicycle lanes. This is the third phase of
the Dublin Boulevard widening. The widening of this segment of Dublin Boulevard will complete the
improvements on Dublin Boulevard from San Ramon Road to Dougherty Road. Recent traffic studies
have shown that six lanes of traffic will be needed as Dublin expands to the east.
Source of Funding
Downtown Traffic Mitigation Contributions, Category 2 Eastern Dublin TIF Fees
Approximate Project Completion Dates
It is estimated that the project will be completed in Fiscal Year 2004-2005. It is possible that phases
based upon available funding could begin at an earlier date.
E. REFUNDS
No refunds have been made pursuant to Section 66001(¢), nor have allocations been made pursuant to
section 66001(f). See Attachment 1, Section 3 for additional details.
CITY OF DUBLIN CAPITAL IMPACT FEE REPORT 200112002
Detailing Activity From July 1, 2001 - June 30, 2002
EASTERN
DUBLIN PUBLIC PARK
TRAFFIC FACILITIES DEDICATION FIRE
IMPACT FEES IMPACT FEES ' FEES IMPACT FEES
Subobjects 23-25, 30-31,40,43 Fund 310 Fund 315 Fund 320
Balance Available 7/1/01 $8,202,853.03 $8,637,709.53 $438,667.32 $1,083,522.20
Fees Collected: 7/1/01-6/30/02 12,048,946.42 2,786,737.40 932,916.00 1,439,060.51
Interest 7/1/01 - 6/30/02 705,532.50 428,174.60 58,533.23 73,367.00
Less 2001/02 Expenditures
Civic Center Library (93450) (3,737,040.97)
Dublin Sports Grounds Renovation (95830) (76,110.76)
Emerald Glen Park - Phase 1 (95600) (46,906.31)
Emerald Park Fire Station (93510) (289,660.83)
Fallon Fire Station (93511) (290,638.11 )
Fallon Sports Park (95851) (2,572.50)
Impact Fee Studies (Various Project Nos) (5,202.84) (1,620.00)
Traffic Improvements (Various Project Nos) (3,769,869.71)
Refunds Per CCC 66001 (e)/(f)
Ending Balance 6/30/02 $17,187,462.24 $8,060,898.91 $1,354,005.79 $2,014,030.77
TRI VALLEY DUBLIN -
TRANSPORTATION FREEWAY NOISE CONTRA COSTA
DEVELOPMENT INTERCHANGE MITIGATION TRAFFIC IMPACT
FEES FEES FEES MITIGATION FEES
Object 331-0032 Object 331-0022 Fund 001 Object 331-0026 Fund 380 Object 331-0044
Balance Available 7/1/01 $1,349,916.59 $72,599.83 $20,781.02 $213,160.63
Fees Collected: 7/1/01-6/30/02 222,184.40 404,853.32 3,617.84 73,178.13
Interest 7/1/01 - 6/30/02 62,722.48 1,015.60 11,604.12
Less 2001/02 Expenditures (16,983.94)
Regional Traffic Improvements (116,187.37)
Freeway Interchange Reimbursements (432,233.47)
Refunds Per CCC 66001 (e)/(f)
Ending Balance 6/30/02 $1,518,636.10 $45,219.68 $25,414.46 $280,958.94
Date Printed: t2/9/2002 3:26 PM Filename: .:~impactfee~ab1600~annual activity report,xls ATTACHMENT 1 SECTION 3 '~
CITY OF DUBLIN CAPITAL IMPACT FEE REPORT 2001/2002
DETAIL OF DOWNTOWN TRAFFIC MITIGATION CONTRIBUTIONS
Detailing Activity From July 1, 2001 - June 30, 2002
DOWNTOWN TRAFFIC MITIGATION CONTRIBUTIONS
331-0005 331-0006 331-0007 331-0008 331-0010 331-0011
Dougherty Rd Scarlett Extension Parallel Rd Dougherty Rd Village Pkwy Dublin Blvd
Im@mvements Dougherty/Dublin Blvd St. Patrick Way n/o AVB Si~]nals Sierra-Clark
ClP PROJECT # 96550 96860 96870 96850 96560 96920
Balance Available 7/1/01 272,666.28 105,616.15 503,279.34 242,573.61 (10,952.35) 20,104.44
Fees Collected: 7/1/01-6/30/02 249,257.00 176,317.00 93,538.00 9,283.00 187,696.79
Interest 7/1/01 - 6/30/02 22,243.52 12,146.01 21,681.87 14,480.08 1,348.58
Less 2001/02 Expenditures (5,606.92) (176,498.00)
Refunds Per CGC 66001(e)/(f)
Ending Balance 6/30/02 538,559.88 294,079.16 524,961.21 350,591.69 (1,669.35) 32,651.81
DOWNTOWN TRAFFIC MITIGATION CONTRIBUTIONS
331-0013 331-0014 331-0027 331-0029 331-0046
Dougherty Dublin/Silvergate Dublin Blvd. AVB Bike Lane Village Pkway
Houston Place Impvts Sierra D~hty Stagecoach Sidewalk Widen
ClP PROJECT # 96850 96010 96930 96070
Balance Available 7/1/01 14,909.73 38,380.49 293,865.41 29,143.23 111,970.28
Fees Collected: 7/1/01-6/30/02 135,255.00 234,619.54 26,909.00
Interest 7/1/01 - 6/30/02 6,469.27 1,653.48 22,767.76 2,414.80 4,823.81
Less 2001/02 Expenditures
Refunds Per CGC 66001(e)/(f)
Ending Balance 6/30/02 156,634.00 40,033.97 551,252.71 58,467.03 116,794.09 ·
Printed: 12/9/20023:27 PM Filename:g:\impacffee~ab1600~annualactivityreport.xls ATTACHMENT 1 SECTION 3
SCHEDULE OF FUNDING FOR PUBLIC IMPROVEMENTS
TRAFFIC IMPACT FEES AND DOWNTOWN TRAFFIC MITIGATION CONTRIBUTIONS
LISTING OF ACCOUNTS WITH ACTIVITY IN FISCAL YEAR 2001/2002
Prior Years Current Year % Developer Budgeted CIP Grand % Developer
Project Expenditures Project Expenditures Fee Funded Project Expenditures Projected Fee Funded for
All Funds All Funds Project to Date All Funds Total per Projected Total
Dept No Project Name Thru 6/30/01 Fiscal Year 2001/02 TOTAL Expenditures 7/1/2002 - 6/30/2007* 5 Year CIP Expenditures
East Dublin Traffic Impact Fees Project Costs
96400 E. Dublin Arterial Improvements $107,001.62 $185,188.14 $292,189.76 $70,821,091.00 $71,113,280.76
95600 Emerald Glen Park $164,465.00 $0.00 $164,465.00 $133,135.00 $297,600.00
96410 I580 / Hacienda Interchange $1,369,499.83 $203,098.65 $1,572,598.48 $0.00 $1,572,598.48
96420 I580 / Tassajara Road Interchange $1,646,791.68 $1,579,758.70 $3,226,550.38 $8,550,064.00 $11,776,614.38
96430 I580 / Fallon Road Interchange $1,117,452.88 $241,756.01 $1,359,208.89 $7,379,690.00 $8,738,898.89
96890 Dublin Blvd- Dougherty/Scarlett $1,044,148.92 $1,433,558.49 $2,477,707.41 $0.00 $2,477,707.41
96650 Eastern Dublin Street ROW Acquisition $4,373,014.86 $126,509.72 $4,499,524.58 $110,000.00 $4,609,524.58
Total Expense Developer Fees $9,822,374.79 $3,769,869.71 $13,592,244.50 96% $86,993,980.00 $100,586,224.50 99%
96430 1580 / Fallon Road Interchange $0.00 $59,594.70 $59,594.70 $35,105.30 $94,700.00
96890 Dublin Blvd - Dougherty/Scarlett $270,598.00 $196,824.27 $467,422.27 $0.00 $467,422.27
Total Expense Other Funds $270,598.00 $256,418.97 $527,016.97 4% $35,105.30 $562,122.27 1%
Total for Projects $10,092,972.79 $4,026,288.68 $14,119,261.47 100% $87,029,085.30 $101,148,346.77 100%
Downtown Traffic Mitigation Project Costs
96852 D0ugherty Rd Improvements Houston P1/I-580 $58,627.98 $5,606.92 $64,234.90 $6,095,669.00 $6,159,903.90
96920 Dublin Blvd - Village Parkway to Sierra Court $101,615.42 $176,498.00 $278,113.42 $0.00 $278,113.42
Total Expense Developer Fees $160,243.40 $182,104.92 $342,348.32 24% $6,095,669.00 $6,438,017.32 61%
96920 Dublin Blvd - Village Parkway to Sierra Court $360,023.34 $753,789.46 $1,113,812.80 $2,942,783.00 $4,056,595.80
Total Expense Other Funds $360,023.34 $753,789.46 $1,113,812.80 76% $2,942,783.00 $4,056,595.80 39%
Total for Projects $520,266.74 $935,894.38 $1,456,161.12 100% $9,038,452.00 $10,494,613.12 100%
Tri Valley Transportation Fees Proiect Costs
Regional Transportation Projects
Expense Developer Fees $3,595,137.86 $0.00 $3,595,137.86 100% $18,724,439.00 $22,319,576.86 100%
Expense Other Funds $0.00 $0.00 $0.00 $0.00 $0.00
Total for Project $3,595,137.86 $0.00 $3,595,137.86 100% $18,724,439.00 $22,319,576.86 100%
96380 I580 / San Ramon Rd Interchange
Expense Developer Fees $186,214.73 $116,187.37 $302,402.10 84% $1,559,599.00 $1,862,001.10 97%
Expense Other Funds $56,816.45 $0.00 $56,816.45 16% $0.00 $56,816.45 3%
Total for Project $243,031.18 $116,187.37 $359,218.55 84% $1,559,599.00 $1,918,817.55 100%
Dublin - Contra Costa Traffic Impact Mitigation Fees Proiect Costs
96563 Traffic Signal at Dougherty Road and Willow Creek Road
Expense Developer Fees $0.00 $16,983.94 $16,983.94 100% $194,006.00 $210,989.94 100%
Expense Other Funds $0.00 $0.00 $0.00 $0.00 $0.00
Total for Project $0.00 $16,983.94 $16,983.94 100% $194,006.00 $210,989.94 100%
* Includes projected future costs that are not anticipated to be funded within the next five Fiscal Years.
ATTACHMENT 1 SECTION 4
SCHEDULE OF FUNDING FOR PUBLIC IMPROVEMENTS
FIRE, PARK DEDICATION AND PUBLIC FACILITIES IMPACT FEES
LISTING OF ACCOUNTS WITH ACTIVITY IN FISCAL YEAR 2001/2002
Prior Years Current Year % Developer Budgeted CIP/Operating Grand % Developer
Project Expenditures Project Expenditures Fee Funded Project Expenditures Projected Fee Funded for
All Funds All Funds Project to Date All Funds Total per Projected Total
Dept No Project Name Thru 6/30/01 Fiscal Year 2001/02 TOTAL Expenditures 7/1/2002 - 6/30/2007* 5 Year CIP Expenditures
Fire Impact Fee Fund
93510 Emerald Park Fire Station
Expense Developer Fees $680,908.57 $289,660.83 $970,569.40 100% $4,760,829.00 $5,731,398.40 100%
Expense Other Funds $0.00 $0.00 $0.00 $0.00 $0.00
Total for Project $680,908.57 $289,660.83 $970,569.40 100% $4,760,829.00 $5,731,398.40 100%
93511 Fallon Fire Station
Expense Developer Fees $0.00 $290,638.11 $290,638.11 100% $4,396,561.00 $4,687,199.11 100%
Expense Other Funds $0.00 $0.00 $0.00 $0.00 $0.00
Total for Project $0.00 $290,638.11 $290,638.11 100% $4,396,561.00 $4,687,199.11 100%
94510 Fire Fee Study Update
Expense Developer Fees $9,020.59 $1,620.00 $10,640.59 100% $0.00 $10,640.59 100%
Expense Other Funds $0.00 $0.00 $0.00 $0.00 $0.00
Total for Project $9,020.59 $1,620.00 $10,640.59 100% $0.00 $10,640.59 100%
Public Facilities Impact Fee Fund
95851 Fallon SportsPark
Expense Developer Fees $0.00 $2,572.50 $2,572.50 100% $57,729,185.00 $57,731,757.50 100%
Expense Other Funds $0.00 $0.00 $0.00 $0.00 $0.00
Total for Project $0.00 $2,572.50. $2,572.50 100% $57,729,185.00 $57,731,757.50 100%
94500 Public Facility Impact Fee Study
Expense Developer Fees $0.00 $5,202.84. $5,202.84 100% $0.00 $5,202.84 100%
Expense Other Funds $0.00 $0.00 $0.00 0% $0.00 $0.00
Total for Project $0.00 $5,202.84 $5,202.84 100% $0.00 $5,202.84 100%
93450 Civic Center Library
Expense Developer Fees $494,827.16 $3,737,040.97 $4,231,868.13 45% $3,652,549.43 $7,884,417.56 44%
Expense Other Funds $1,010,408.79 $4,161,727.68 $5,172,136.47 55% $4,967,697.30 $10,139,833.77 56%
Total for Project $1,505,235.95 $7,898,768.65 $9,404,004.60 100% $8,620,246.73 $18,024,251.33 100%
95600 Emerald Glen Park
Expense Developer Fces $4,868,628.08 $46,906.31. $4,915,534.39 96% $6,842,404.00 $11,757,938.39 98%
Expense Other Funds $179,279.00 $0.00 $179,279.00 4% $1,000.00 $180,279.00 2%
Total for Project $5,047,907.08 $46,906.31 $5,094,813.39 100% $6,843,404.00 $11,938,217.39 100%
Park Dedication Impact Fee Fund
95600 Emerald Glen Park
Expense Developer Fees $2,066,400.00 $0.00 $2,066,400.00 100% $4,626,800.00 $6,693,200.00 100%
Expense Other Funds $0.00 $0.00 $0.00 0% $1,000.00 $1,000.00 0%
Total for Project $2,066,400.00 $0.00 $2,066,400.00 100% $4,627,800.00 $6,694,200.00 100%
95830 Dublin Sports Ground Renovation
Expense Developer Fees $0.00 $76,110.76 $76,110.76 100% $397,613.00 $473,723.76 29%
Expense Other Funds $0.00 $0.00 $0.00 $1,165,275.00 $1,165,275.00 71%
Total for Project $0.00 $76,110.76 $76,110.76 100% $1,562,888.00 $1,638,998.76 100%
Includes projected future costs that are not anticipated to be funded within the next five Fiscal Years.
ATTACHMENT 1 SECTION 4
MAKING FINDINGS REGARDING UNEXPENDED
DOWNTOWN TRAFFIC MITIGATION CONTRIBUTIONS
FOR FISCAL YEAR 2001-2002
Recital
1. The City has collected contributions for off-site traffic improvements needed as a result of new
development, which will not be expended within five years after deposit. The improvements are
described in the 2002-2007 Capital Improvement Program and include the improvements described
below:'
Unexpended Developer
Deposit Balances
Project Name as of June 30, 2002
St. Patrick Way - Regional to Golden Gate $75,578
Dublin Boulevard Improvements - $4,060
Sierra Court to Dougherty Road
Dougherty Road - North of $8,245
Amador Valley Boulevard
2. The Three projects described in the recital above are referred to as the "Three Traffic Improvements."
Findings
The Council finds, on the basis of the foregoing Recitals, that:
A. The contributions which have been collected for the Three Traffic Improvements will remain
unexpended in Fiscal Year 2001-2002;
B. The contributions which have been collected for the Three Traffic Improvements will remain committed
for construction of the improvements identified in the adopted Capital Improvement Program;
C. The purpose for which the contributions will be used is construction of the Three Traffic Improvements,
as described above and in the 2002 - 2007 Capital Improvement Program;
D. The contributions were collected to make the Three Traffic Improvements, which improvements will
mitigate traffic impacts caused by the new development projects which paid the contributions; and
E. The contributions which have been collected for the Three Traffic Improvements are needed for
construction of the Three Traffic Improvements.
ATTACHMENT 2
PASSED, APPROVED, AND ADOPTED THIS 17th day of December 2002. /'~/'~y/O/fl'-
AYES:
NOES:
ABSENT:
ABSTAIN:
Mayor
ATTEST:
City Clerk
G:~rnpact FeesXAb1600 - Impact Fees~FY 2001-02Xresolution version 2.doc