HomeMy WebLinkAboutReso 115-94 PublicSvcFees RESOLUTION NO. 115- 94
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN
AMENDING RESOLUTION 96-84 ESTABLISHING FEES
AND CHARGES FOR PUBLIC SERVICES
WHEREAS, the City Council has adopted Resolution 53-93, which
adopted the Eastern Dublin Specific Plan; and
WHEREAS, included in the Resolution was a determination that fees
would be established pursuant to Government Code Section 65456, to
recover the costs of preparing and adopting the Specific Plan, together
with interest thereon; and
WHEREAS, a fee has been developed which covers the cost incurred
in preparing the Specific Plan; and
WHEREAS, the fee has been developed in a manner which prorates the
cost among all properties included in the Specific Plan; and
WHEREAS, the fee shall be collected from all persons seeking
governmental approvals, which are considered to be consistent with the
Specific Plan; and
WHEREAS, the City COuncil Resolution No. 53-93 also contemplated
that there would be a fee collected for interest costs associated with
the preparation of the Specific Plan; and
WHEREAS, several property owners affected by the fee elected to
voluntarily deposit monies towards their respective share prior to the
adoption of the plan; and
WHEREAS, staff will institute internal procedures to credit fees
prepaid by affected property owners or their representatives; and
WHEREAS, staff will institute internal procedures to annually
adjust the rate of interest in accordance with Resolution 53-93.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Dublin does hereby adopt EXHIBIT 8 - DEVELOPMENT FEES, as attached
hereto and by reference made a part hereof, which shall be incorporated
with Resolution No. 96-84 as amended.
PASSED, APPROVED AND ADOPTED this 14th day of November, 1994.
AYES:
Councilmembers Burton, Houston, Howard, Moffatt, and
Mayor Snyder
NOES: None
ABSENT: None
EXHIBIT 8
DEVET-OPMENT . FEES
Eastern Dublin Specific Plan Preparation Fee
Applicable To: All property within the Eastern Dublin Specific
Plan Area (As adopted by the Dublin City
Council 5/10/93 - Resolution No. 53-93).
Amount of Fee: The calculation of the fee will be comprised of
three components as follows:
BASE FEE: $ 229.39 times the number of"
acres, or portion thereof, as the parcel
is described by the Alameda County
Assessor records.
INTEREST: Beginning July 1, 1994, the
initial interest rate shall be calculated
and accrue on a monthly basis at 0,426%,
for each month or portion thereof.
On an annual basis Staff shall calculate a
new monthly interest rate. The revised
interest rate shall be based upon the
average weighted investment yield earned
by the City, on its pooled investment
funds in the previous fiscal year. The
interest rate shall accrue on a monthly
basis as described above.
CREDIT: Property Owners who contributed
monies prior to the adoption of the
Specific Plan shall receive a credit based
upon the amount of Specific Plan Costs
which were prepaid.
Payment Due:
Prepayment:
Both the accrued interest and per acre
charges are due at the time of application for
approval of a land use and Development Plan
pursuant to Section 8-31.13 of the City's
Zoning Ordinance.
Property Owners may elect to prepay the amount
owed at any time.