HomeMy WebLinkAbout4.6 Impact Fee Funds Annual Rpt or
19 82 STAFF REPORT CITY CLERK
` CITY COUNCIL File #600-70
DATE: December 2, 2014
TO: Honorable Mayor and City Councilmembers
FROM: Christopher L. Foss, City Manager "
SUBJECT: Annual Report of Developer Impact Fee Funds Deposits: Pursuant to
Government Code Sections 66002, 66006, and 66008 (AB 1600)
Prepared by Lisa Hisatomi, Assistant Administrative Services Director
EXECUTIVE SUMMARY:
State law requires the City to review and report on an annual basis the status of Development
fees collected to finance public improvements. This report covers activity which occurred in
these funds during Fiscal Year 2013-14. The analysis has determined that all funds held for
more than five years are necessary to complete identified projects.
FINANCIAL IMPACT:
The financial impacts and accounting for the Development Fees are discussed as part of the
Staff Report.
RECOMMENDATION:
Staff recommends that the City Council accept the Annual Report of Developer Impact Fee
Funds for the Year Ended June 30, 2014; and adopt the Resolution Making Findings
Regarding Unexpended Traffic Mitigation Contributions and Downtown Traffic Impact Fees for
Fiscal Year 2013-14.
r
Submitted By %\ Reviewed By
Administrative Services Director Assistant City Manager
DESCRIPTION:
Cities are authorized under State Law to require development applicants to contribute fees
toward off-site public improvements, which are needed as a result of the new development.
Annually the City is required to disclose the status of funds held for this purpose. This report
provides information covering the period from July 1, 2013 through June 30, 2014
(Attachment 1).
Page 1 of 4 ITEM NO. 4.6
Requirements of Law
The law requires the City to review, on an annual basis, the status of development fees
collected. The law provides for a report to be made available within 180 days from the end of
the fiscal year. In addition, Government Code Section 66006(b)(2) requires the report to be
included on the City Council meeting agenda at a public meeting not less than 15 days after the
information was made available. In the event that any fees remain unexpended for more than
five years, the City Council must adopt a resolution making certain findings related to the
continued need for the funds to complete the improvements. 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
The Fiscal Year 2013-14 Annual Report of Developer Funds is shown in Attachment 1. The law
requires disclosure of numerous details with respect to activity in these accounts. This includes:
beginning and ending balances; collections for the year; expenditures for the year; interest
earned; and any refunds. For the purpose of this report the City is providing information on the
following funds:
FUNDS ACCOUNTED FOR IN REPORT (ATTACHMENT 1)
• Eastern Dublin Traffic Impact Fees
• Downtown Traffic Impact Fees
• Public Facilities Impact Fees (Includes Park Dedication Fees)
• Fire Impact Fees
• Tri Valley Transportation Development Fees
• Category 3 Regional Traffic Impact Fees
• Pass Through Fees: (Freeway Interchange Fees / BART Garage)
• Dublin — Contra Costa County Traffic Impact Mitigation Fees
Details of activity for each of the fees are displayed in the Annual Report (Attachment 1). The
following is a high level summary of the activity for the year including the beginning and ending
balances:
ANNUAL REPORT OF DEVELOPER FEES BY CATEGORY (7/1/2013 — 6/30/2014)
Additions: Expenses:
Fees Project Costs;
Beginning Collected; Interest; Loan Ending
Balance Interest Repayments; Balance
IMPACT FEE CATEGORY (7/1/2013) Revenue Pass-Through (6/30/2014)
Public Facility Fees $28,989,874.45 $7,763,806.35 ($7,468,134.25) $29,285,546.55
Fire Impact Fees—
Advance Owed To General ($1,098,606.55) $201,663.45 ($4,964.58) ($901,907.68)
Fund
Traffic Impact Fees $9,542,554.19 $5,450,999.48 ($2,087,919.45) $12,905,634.22
TOTAL $37,433,822.09 $13,416,469.28 ($9,561,018.28) $41,289,273.09
Page 2 of 4
It is important to note that these fees are restricted and can only be used for the capital related
purposes for which they have been collected. Given the multi-year nature of the capital projects
to be financed it is expected that funds will be accumulated and used based on the construction
timing. During Fiscal Year 2013-14, the net balance of all funds reported increased by
approximately $3.85 million which was largely attributable to Public Facility Fee and Traffic
Impact Fee funds collected. The ending combined balance of $41,289,273 is net of negative
balances. A detailed accounting for each of the major categories is shown in the schedules
included in Attachment 1.
The Fire Impact Fee Fund is negative due to funds advanced for the construction of Station 17.
As fees are collected they are used to repay borrowed funding from the General Fund, including
interest.
Funds Remaining Unexpended More Than 5 Years After Being Collected
One of the provisions in the State law regulating development fees is to regularly review funds
collected and held for more than five years without being expended. The law requires the City
Council to make certain findings in order to continue to hold fees collected and unexpended for
more than five years. The following Table summarizes the accounts with contributions which
have remained unexpended for more than five years. All of the projects are identified in the
adopted City of Dublin 2014-2019 Capital Improvement Program.
SUMMARY OF ACCOUNTS WITH FUNDS REMAINING UNEXPENDED
FOR FIVE YEARS OR MORE AFTER THEY WERE COLLECTED
Fees Developer
Unspent Fees
For More Unspent Total
Than 5 For Less Designated
Years as of Than 5 Accumulated As of
Source of Fee 6/30/14 Years Interest 6/30/2014
Mitigation Funds: Dublin
Boulevard Improvements — $140,248.70 None $252,443.35 $392,692.05
Sierra Court to Dublin Court
st1012 (960026)
Mitigation Funds: Scarlett Drive
Extension (Dublin Blvd to Dougherty $28,801.83 None $92,280.00 $121,081.83
Rd)
Downtown TIF Funds $37,952.69 $804,498.43 $51,672.76 $894,123.88
Proposed Resolution Making Necessary Findings
In order to retain fees longer than five years, certain findings must be made by the City Council.
Without this action the fees would need to be refunded. All of the fees summarized in the
previous section of this report have identified projects that will require the funding in the future.
The funding needed includes the accumulated interest, which is expended only on the
authorized projects. The City continues to allocate interest on the balances retained. Staff has
identified the findings necessary as part of the attached Resolution (Attachment 2). Adoption of
the Resolution allows the City to continue to retain the fees, in order to fund the projects for
which they were collected.
Page 3 of 4
NOTICING REQUIREMENTS/PUBLIC OUTREACH:
Government Code Section 66006(b)(2) requires the report is to be included on the City Council
meeting agenda at a public meeting not less than 15 days after the information was made
available. Staff previously made available to the public a draft copy of this report on Monday,
November 17 2014. In addition the Government Code Section requires that the notice of the
meeting shall be mailed, at least 15 days prior to the meeting, to any interested party who files a
written request with the local agency for mailed notice of the meeting. The Administrative
Services Department mailed notices to interested parties who have filed requests in the past.
ATTACHMENTS: 1. Annual Report of Developer Impact Fee Funds for the Year Ended
June 30, 2014
2. Resolution Making Findings Regarding Unexpected Traffic Mitigation
Contributions for Fiscal Year 2013-14
Page 4 of 4
City of Dublin
Annual Report of Developer Impact Fee Funds Deposits
For the Year Ended June 30, 2014
CONTENTS
SECTION INFORMATION PAGE(S)
Section 1: Table of Disclosure Requirements With Cross
Reference To Government Code and Location In 1-2
City of Dublin Report ...........................................
Section 2: Description Impact Fees Included In Report ............ 3
Section 3: Status of Funds
• Interfund Loans & Transfers
• Specific Funds Held In Excess of 5 Years 4 - 6
• Refunds.................................................
Section 4: 2013-14 Accounting of Impact Fees By Major
Category
• Public Facility Impact Fees
• Fire Impact Fees 7
• Traffic Impact Fees...................................
Section 5: Detail By Fund - Traffic Impact Fees 8
Contributions....................................................
Section Detail - Traffic Impact Fees (Project Specific 9
5A: Mitigation) Contributions....................................
Section 6: Schedule of Funding For Public Improvements And
Percentage Funded By Developer Fees......... 10
Data Available To Public November 17, 2014
Presented City Council Meeting December 2, 2014
ATTACHMENT 1
Section 1
TABLE OF IMPACT FEE DISCLOSURE REQUIREMENTS
WITH CROSS REFERENCES
Government Information Found
Code Section Requirement In City Report At
Provide the following:
66006 (b) (A) 1. A brief description of each of the City's impact Section 2, Part A
fees.
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 4 and
impact fee accounts. Section 5
66006 (b) (D) 4. The amount of fees collected and interest earned. Section 4, Section 5,
And Section 5A
66006 (b) (E) 5. An identification of each public improvement on Section 6
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) (F) 6. An identification of an approximate date by which Section 3, Part B
the construction of the public improvement will
commence if the local agency determines that
sufficient funds have been collected to complete
financing on an incomplete public improvement, as
identified in paragraph (2) of subdivision (a) of
Section 66001, and the public improvement
remains incomplete.
66006 (b) (G) 7. A description of each interfund transfer or loan Section 3, Part A
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) 8. The amount of refunds made pursuant to Section 3, Part C
subdivision (e) of Section 66001 and any
allocations pursuant to subdivision (f) of Section
66001.
1
Section 1
TABLE OF IMPACT FEE DISCLOSURE REQUIREMENTS
WITH CROSS REFERENCES
Government Information Found
Code Section Requirement In City Report At
66001 (d) 9. For the fifth year following the first deposit into the Section 3, Part B and
account or fund, and every five years thereafter, attached Resolution
the City shall make all of the following findings for items a-e below.
with respect to those portions of the impact fee
remaining unexpended, 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
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.
2
Section 2
DESCRIPTION OF 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 Impact Fee
• Public Facilities Impact Fees
• Park Dedication Fees
• Fire Impact Fees
• Tri Valley Transportation Development Fees
• Freeway Interchange Fees
• Dublin — Contra Costa Traffic Impact Mitigation Fees
These impact fees were established to pay for the design, development and construction of
public improvement projects for: streets; public facilities; parks; fire capital expansion projects
and community amenities.
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. The City Council has adopted and imposed the subject fees through the passage of
the following resolutions. These fees are updated on an annual basis based upon various cost
indexes described in further detail as part of the resolutions for these fees:
Impact Fee Resolution / Ordinance
Eastern Dublin Traffic Impact Fees Resolution 225-99
(Includes BART Garage Pass-Through) Amended by Resolution 111-04
Updated by Resolution 40-10
Downtown Traffic Impact Fee Resolution 210-04
Amended by Resolution 47-09
Public Facility Impact Fees Resolution 60-99
Amended by Resolutions 214-02 & 45-09
Park Dedication Fees Chapter 9.28 Dublin Municipal Code
Fire Impact Fees Resolution 37-97 - Amended by
Resolutions 208-00,12-03, 77-05 & 46-09
Tri-Valley Transportation Development Resolution 89-98
Fees Amended by Resolutions 85-99 & 87-03
Pleasanton Interchange Fees Resolution 11-96
Amended by Resolution 155-98
Dublin — Contra Costa Traffic Impact Resolution 74-00 and Contra Costa
Mitigation Fees. County Ordinance No. 2000-24
The studies and supporting documentation presented or 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.
3
SECTION 3
STATUS OF FUNDS
A. INTERFUND LOANS AND TRANSFERS OF IMPACT FEES
No inter-fund loans or transfers of impact fees were granted to other funds during Fiscal Year
2013-14. The Fire Impact Fee Fund received an advance / loan from the General Fund in both
Fiscal Year 2003-04 and Fiscal Year 2004-05. Collections of Fire Impact Fees are being used
to repay the advance. Interest accrues at the rate equal to the City's return on its investment
portfolio.
B. 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 have 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, at the beginning of Fiscal Year
2013-14 (July 1, 2013). The balances were evaluated based on "developer fees collected'
separate from interest revenue. As of July 1, 2013 there were four projects involving the use of
Traffic Mitigation Contributions, which have developer fees that continued to be held for more
than five years. The Projects are included in the adopted City of Dublin Five Year Capital
Improvement Program 2014-2019. In accordance with State Law, the City Council has
previously adopted Resolution #196-13 on December 3, 2013 declaring the need to continue to
maintain the funds. Based on expenditures during Fiscal Year 2013-14, as of June 30, 2014,
there are three projects that have developer funds collected and held for more than five years.
Details related to the projects which have funds held for more than five years are identified
below:
1. PROJECT# st1012 - DUBLIN BLVD. IMPROVEMENTS - SIERRA COURT TO DUBLIN
COURT
Unspent Developer Fees Total Project Costs
Mitigation Source Held More Than 5 Years As Identified in CIP
Dublin Blvd
Improvements — $140,248.70 $754,281 (2014-2019)
Sierra Court to Dublin $3,098,550 (Future)
Description of Project This project is proceeding with the design and right-of-way phase. The
ultimate project will widen Dublin Boulevard from Sierra Court to Dublin Court, underground
existing overhead utilities, and install bike lanes. This project will increase the roadway capacity
from four to six lanes. Previous phases have widened other portions of Dublin Boulevard. 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.
Source of Funding Traffic Mitigation Contributions are being used for current budgeted
design work. A portion of the future unfunded project is eligible for funding from Category 2
Eastern Dublin Traffic Impact Fees.
Approximate Project Completion A contract for design services with Bellecci & Associates
was approved by the City Council. Utility undergrounding design and coordination is scheduled
to be complete by summer 2015. Right-of-way appraisals and roadway design are proceeding
4
SECTION 3
STATUS OF FUNDS
with anticipated completion in the winter of 2015. A precise completion date has not been
established for the complete project including construction.
2. SCARLETT DR & IRON HORSE TRAIL EXTENSION - DUBLIN BLVD — DOUGHERTY
ROAD (Future Project)
Unspent Developer Fees Total Project Costs As
Mitigation Source Held More Than 5 Years Identified In CIP
Scarlett Dr. & Iron Horse Trail
Extension — Dublin Blvd / $28,801.83 $11,916,398
Dougherty Rd
Description of Project This project would provide an extension of Scarlett Drive and relocate
and enhance a portion of the Iron Horse Trail. The roadway element is a connection between
Dougherty Road and Dublin Boulevard (within the former Southern Pacific Railroad Right-of-
Way).
Source of Funding Dublin Crossing Development Agreement Transportation Fees, Traffic
Mitigation Contributions, Category 2 Eastern Dublin TIF Fees; Alameda County Transportation
Commission Project Funds.
Approximate Project Completion Dates A precise completion date for the project has not been
established. It is currently expected that it will be a date outside the current 5 Year CIP planning
horizon.
3. DOWNTOWN TRAFFIC IMPACT FEE FUNDS (Various Projects)
Unspent Developer Fees Total Project Costs As
Source Held More Than 5 Years Identified In CIP
Downtown Traffic Impact $37,952.69 $1,104,674
Fees (Fund #4304)
Description of Proiect(s) The Downtown Traffic Impact Fee identified six improvement projects
to be constructed. Projects include: St. Patrick Way Extension; Golden Gate Widening; Dublin
Blvd / Golden Gate Drive Intersection Improvements; Dublin Blvd / Amador Plaza Intersection
Improvements; Dublin Blvd / Dougherty Road Intersection Improvements; and San Ramon Road
Dublin Boulevard Intersection Improvements. Some elements have been completed; however
the proportionate share may have been funded from other sources. The Downtown Traffic
Impact Fee study also included a future update of the impact fee. An update of the Downtown
Traffic Impact Fee has commenced, following the October 7, 2014, adoption of the Bicycle and
Pedestrian Master Plan. The impact fee update is scheduled to be complete in summer 2015.
Source of Funding Traffic Mitigation Contributions, Category 2 Eastern Dublin TIF Fees;
Federal Transportation for Livable Communities Grant; Contra Costa County / Dublin
(Dougherty Valley) Impact Fees.
Approximate Project Completion Dates A precise completion date for the project has not been
established. It is currently expected that it will be will be a date outside the current 5 Year CIP
5
SECTION 3
STATUS OF FUNDS
planning horizon. The impact fee update will evaluate the existing project list and will include
evaluation of new projects, including projects in the Bicycle and Pedestrian Master Plan.
C. REFUNDS
No refunds were made during Fiscal Year 2013-14.
D. RETIREMENT OF IMPACT FEE OBLIGATIONS
During Fiscal Year 2013-14, payments were made to retire Impact Fee Credit Obligations as
follows..
Fee Type Amount
Payments to holders of Impact Fee Credits that Eastern Dublin Traffic
had converted to Rights to Reimbursement Impact Fee — $200,000.00
Category 1
Reimbursement pursuant to the construction Eastern Dublin Traffic
agreement for the Tassajara Interchange. Impact Fee — $210,361.15
(Alameda County Surplus Property Authority and Category 1
the Lin Family)
Reduction In Advance Assumed By Alameda Eastern Dublin Traffic
County Surplus Property Authority (Original Impact Fee — $100,000.00
Advance Was made by BART For East Dublin Category 2
Station Access)
TOTAL $510,361.15
6
CITY OF DUBLIN CAPITAL IMPACT FEE REPORT
SECTION 4
FEES BY MAJOR CATEGORY(Activity July 1,2013-June 30,2014)
TRAFFIC IMPACT
PUBLIC FACILITY FIRE FACILITY FEES
FEES IMPACT FEES (ALL CATEGORIES) GRAND TOTAL
Funds 4101-4109 Fund 4201 Funds 4301-4309
(Includes Park Detail In Schedule 5
Dedication Fees)
Ending Available 6/30/2013 $28,989,874.45 ($1,098,606.55) $9,542,554.19 $37,433,822.09
Fees Collected:7/1/2013-6/30/2014 7,614,381.05 201,663.45 5,393,800.09 13,209,844.59
Interest 7/1/2013-6/30/2014 149,425.30 - 57,199.39 206,624.69
Less 2013-14 Expenditures
Park Project Expenditures (7,468,134.25) - (7,468,134.25)
Traffic Improvements(Various Project Nos) (900,635.94) (900,635.94)
Interest on Loan from General Fund for (4,964.58) (4,964.58)
Construction of Fire Stations
Retirement of Impact Fee Obligations (510,361.15) (510,361.15)
Refunds Per CGC 66001(e)/(f)
Pass Through Funds(See Schedule 5) (676,922.36) (676,922.36)
Ending Balance 6/30/2014 $29,285,546.55 ($901,907.68) $12,905,634.22 $41,289,273.09
7
CITY OF DUBLIN CAPITAL IMPACT FEE REPORT
SECTION 5
BREAKDOWN OF TRAFFIC IMPACT FEE FUNDS (Activity July 1,2013 -June 30,2014
LOCAL TRAFFIC IMPACT FEES(EASTERN DUBLIN&DOWNTOWN)
DOWNTOWN SUB-TOTAL"A"
TRAFFIC IMPACT 1-580/FALLON RD EAST DUBLIN
CATEGORY 1 CATEGORY 2 FEE INTERCHANGE TIF(EDTIF)
Fund#4301 Fund#4302 Fund#4304 Fund#4307
Ending Available 6/30/2013 $2,154,018.27 $1,358,901.19 $682,317.98 - $4,195,237.44
Fees Collected:7/1/2013-6/30/2014 2,629,514.35 1,088,857.27 215,910.48 3,934,282.10
Interest 7/1/2013-6/30/2014 16,299.58 9,156.99 4,076.42 29,532.99
(Less:2013-14 Expenditures)
Traffic Improvements (8,181.00) (8,181.00)
Retirement of Impact Fee (410,361.15) (100,000.00) (510,361.15)
Obligations
Refunds Per CGC 66001(e)/(f) -
Ending Balance 6/30/2014 $4,389,471.05 $2,356,915.45 $894,123.88 $0.00 $7,640,510.38
NON-EASTERN DUBLIN TRAFFIC IMPACT FEES Regional/Mitigation)
SPECIFIC
DUBLIN- PROJECT
CATEGORY 3 CONTRA COSTA TRI-VALLEY MITIGATION
LOCAL COUNTY TRANSPORTATION FUND(See 5A for SUB-TOTAL"B"
REGIONAL FEES MITIGATION DEVELOPMENT FEE Breakdown) OTHER FEES
Fund#4303 Fund#4305 Fund#4306 Fund#4309
Ending Available 6/30/2013 $1,549,478.87 $2,345,759.10 $643,002.21 $809,076.57 $5,347,316.75
Fees Collected:7/1/2013-6/30/2014 0.00 434,132.99 348,462.64 0.00 782,595.63
Interest 7/1/2013-6/30/2014 6,809.10 12,358.74 5,411.94 3,086.62 27,666.40
(Less:2013-14 Expenditures)
Traffic Improvements (747,383.66) - (145,071.28) (892,454.94)
Retirement of Impact Fee
Obligations
Ending Balance 6/30/2014 $808,904.31 $2,792,250.83 $996,876.79 $667,091.91 $5,265,123.84
PASS-THROUGH
GRAND TOTAL
FREEWAY TRAFFIC FEES
INTERCHANGE& (Pass-Through+
BART GARAGE "A"+"B")
Ending Available 6/30/2013 $0.00 $9,542,554.19
Fees Collected:7/1/2013-6/30/2014 676,922.36 5,393,800.09
Interest 7/1/2013-6/30/2014 57,199.39
(Less:2013-14 Expenditures)
Traffic Improvements (900,635.94)
Retirement of Impact Fee (510,361.15)
Obligations
Refunds Per CGC 66001(e)/(f) 0.00
BART Garage
Reimbursements to ACSPA (450,473.37) (450,473.37)
Freeway Interchange
Reimbursements-City of (226,448.99) (226,448.99)
Pleasanton
Ending Balance 6/30/2014 $0.00 * $12,905,634.22
"Note"Pass-Through"Balance excludes Year-End Interest accrual recorded as a liability.
8
CITY OF DUBLIN CAPITAL IMPACT FEE REPORT 2013-14
SECTION 5A
DETAIL OF TRAFFIC MITIGATION CONTRIBUTIONS (From July 1, 2013 -June 30, 2014)
4309.41003 4309.41004 4309.41005&41006
Scarlett Extension Parallel Rd Dougherty
Doug hert /Dublin Blvd St. Patrick Way Houston PI to AVB
CIP PROJECT# 096840(prior System) st0494(960010) st0911 (960025)
Balance Available 7/1/2013 $120,621.64 $89,061.62 $13,402.17
Fees Collected: 7/1/2013-6/30/2014 - - -
Interest 7/11/20113-6/30/2014 460.19 339.79 39.83
Less 2013-14 Expenditures (13,442.00)
Refunds Per CGC 66001(e)/(f) - - -
Ending Balance 6/30/2014 $121,081.83 $89,401.41 $0.00
4309.41008 4309.41009
Dublin Blvd. Sybase
Sierra Dougherty Traffic Signal GRAND TOTAL
CIP PROJECT# st1012(960026) Not Yet Assigned
Balance Available 7/1/2013 $522,317.46 $63,673.68 $809,076.57
Fees Collected: 7/1/2013-6/30/2014 - - -
Interest 7/11/20113-6/30/2014 2,003.88 242.93 3,086.62
Less 2013-14 Expenditures (131,629.28) (145,071.28)
Refunds Per CGC 66001(e)/(f) - - -
Ending Balance 6/30/2014 $392,692.06 $63,916.61 $667,091.91
9
CITY OF DUBLIN IMPACT FEE REPORT
SECTION 6
SCHEDULE OF FUNDING FOR PUBLIC IMPROVEMENTS&PERCENTAGE DEVELOPER FEES
LISTING OF ACCOUNTS WITH ACTIVITY JULY 1,2013 to JUNE 305 2014
Fiscal Year Fiscal Year
2013-14 2013-14 Total Project %From
Expenditures Expenditures Expenditures Developer
CIP# Project Name (Developer Fee Funds) (Other Funds) (Fiscal Year) Fees
PUBLIC FACILITY FEES
pk0105 Emerald Glen Park Recreation and Aquatic Complex 1,975,216.23 0.00 1,975,216.23 100%
pk0212 Passatempo Neighborhood Park 1,534,200.79 0.00 1,534,200.79 100%
pk0311 Positano Hills Neighborhood Park 13,612.61 0.00 13,612.61 100%
pk0414 Fallon Sports Park-Phase II 508,457.17 0.00 508,457.17 100%
pk0514 Jordan Ranch Neighborhood Park 135,366.67 0.00 135,366.67 100%
pk0713 Shannon Park Water Play Area 547,733.01 0.00 547,733.01 100%
pk0813 Iron Horse Parkland Acquisition and Master Plan 2,674,975.02 1,954,024.95 4,628,999.97 58%
Ops 7901 Emerald Glen Recreation and Aquatic Business Plan 77,826.69 77,826.69 N/A
TOTAL PUBLIC FACILITY FEE PROJECTS $7,467,388.19 $1,954,024.95 $9,421,413.14 79%
FIRE FACILITY FEES
(No active Projects. Fees collected are used to repay funds advanced).
TRAFFIC IMPACT FEES(Excludes"Pass-Through"Payments-BART GARAGE&INTERCHANGE FEES)
Ops 8301 Downtown TIF Administration
Downtown TIF(Fund 4304:Dept 8301) 8,181.00
Dept.Operating Budget Total 8,181.00 0.00 8,181.00 N/A
OP 1901 Non-Departmental-Credit Pmts
EDTIF Cat1 (Fund 4301)Pmts reducing Credits Held 410,361.15
EDTIF(Category 2) 100,000.00
Non-Dept.Budget Total 510,361.15 0.00 510,361.15 N/A
st0911 Dougherty Rd Impvts Sierrra Ln To North City Limits
EDTIF-Cat 3(Fund 4303) 747,383.66
Specific Project Mitigation Fees(41005&41006) 13,442.00
st0911 Total 760,825.66 0.00 760,825.66 100%
st1012 Dublin Boulevard-Sierra Court
Specific Project Mitigation Fees(41008) 131,629.28
st1012 Total 131,629.28 0.00 131,629.28 100%
TOTAL TRAFFIC IMPACT FEE PROJECTS $1,410,997.09 $0.00 $1,410,997.09 100%
10
RESOLUTION NO. -14
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN
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MAKING FINDINGS REGARDING UNEXPENDED
TRAFFIC MITIGATION CONTRIBUTIONS FOR FISCAL YEAR 2013-14
Recital
1. The City has collected contributions for completion of off-site public 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 Fiscal Year 2014-2019 Five Year Capital
Improvement Program and include the improvements described below:
Unexpended
Developer Fees as
Source of Fee of June 30, 2014
1. Project Specific Mitigation: Dublin Blvd. Improvements $140,248.70
— Sierra Court to Dublin Court (CIP# st1012)
2. Project Specific Mitigation: Scarlett Drive Extension
Between Dublin Blvd and Dougherty Road (Future $28,801.83
Project)
3. Downtown Traffic Impact Fees: - Various Projects $37,952.69
identified in the Fee Resolution.
2. The three fees and their associated projects described in the recital above are referred to as
the "Three Traffic Improvements."
Findings
The City 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 after Fiscal Year 2013-14.
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 2014-2019 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 fees.
E. The contributions which have been collected for the Three Traffic Improvements are needed
for construction of the Three Traffic Improvements.
PASSED, APPROVED, AND ADOPTED this 2nd day of December 2014.
AYES:
NOES:
ABSENT:
ABSTAIN:
Mayor
ATTEST:
City Clerk
ATTACHMENT 2