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HomeMy WebLinkAboutItem 4.3 - 2989 AB1600 Report Page 1 of 4 STAFF REPORT CITY COUNCIL DATE: December 17, 2019 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 impro vements. The report covers activity which occurred in these funds during Fiscal Year 2018-19. The analysis has determined that all funds held for more than five years are necessary to complete identified projects. STAFF RECOMMENDATION: Accept the report, adopt the Resolution Making Findings Regarding Unexpended Traffic Impact Fees for Fiscal Year 2018-19, and approve the budget change. FINANCIAL IMPACT: The financial impacts and accounting of development impact fees are discussed as part of the Staff Report. The recommended budget change is funded from impact fee funds to reduce impact fee Rights to Reimbursement for Fiscal Year 2019 -20. There is no impact on the General Fund. 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. Requirements of Law The law requires the City to review, on an annual basis, the status of development fees collected, and to provide a report 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 any fees remain unexpended for more than five Page 2 of 4 years, the City Council must adopt a Resolution making certain findings related to the continued need for the funds to complete the improvements. If 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 the Report The Fiscal Year 2018-19 Annual Report of Developer Funds (Attachment 1) provides information covering the period from July 1, 2018 through June 30, 2019. 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 Western Dublin Transportation Impact Fees (Downtown Traffic Impact Fees) Specific Project Mitigation Fund Public Facilities Impact Fees Fire Impact Fees Tri Valley Transportation Development Fees Regional Traffic Impact Fees Category 3 Pass Through Fees: (Freeway Interchange Fees / BART Garage) Dublin - Contra Costa County Traffic Impact Mitigation Fees Dublin Crossing Transportation Fee 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 (7/1/2018 - 6/30/2019) Impact Fee Category Beginning Balance (7/1/2018) Additions: Fees Collected; Interest Revenue Expenses: Project Costs; Interest; Loan Repayments; Pass-Through Ending Balance (6/30/2019) Change Public Facility Fees $18,170,209.77 $ 7,182,990.27 ($1,817,384.10) $23,535,815.94 $5,365,606.17 Fire Impact Fees $144,168.13 $135,868.88 ($100,000.00) $180,037.01 $35,868.88 Traffic Impact Fees $28,885,909.51 $3,910,854.75 ($4,157,863.15) $28,638,901.11 ($247,008.40) TOTAL $47,200,287.41 $ 11,229,713.90 ($6,075,247.25) $52,354,754.06 $5,154,466.65 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 timing of construction. During Fiscal Year 2018-19, the net balance of all funds reported increased by approximately $5.15 million , which was largely attributable to Public Facility Fee and Traffic Impact Fee funds collected during the year, and Page 3 of 4 expenditures such as the installment payment made for the Transit Center parkland acquisition, the Dublin Boulevard Improvements project costs, and the Dougherty Road Improvements project costs. The ending combined balance of $52.35 million is net of negative balances. A detailed accounting of each of the major categories is shown in the schedules included in Attachment 1. Funds Remaining Unexpended More Than Five 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 and to make certain findings to continue to hold those funds. The following Table summarizes the accounts with contributions which have remained unexpended for more than five years. SUMMARY OF ACCOUNTS WITH FUNDS REMAINING UNEXPENDED FOR FIVE YEARS OR MORE AFTER THEY WERE COLLECTED Source of Fee Fees Unspent for More Than 5 Years as of 6/30/2019 Developer Fees Unspent for Less Than 5 Years Accumulated Interest Total Designated As of 6/30/2019 2018-23 CIP Remaining Project Costs Mitigation Fund: Central Parkway & Park Place Traffic Signal $55,500 None $9,497 $64,997 $400,000 Eastern Dublin TIF1 $1,665,873 $8,191,084 $671,223 $10,528,180 $11,656,967 Western Dublin TIF* $288,714 $1,184,322 $146,208 $1,619,245 $1,059,498 Tri-Valley Transport. Development Fee $933,984 $3,819,427 $286,374 $5,039,784 $6,003,017 *8 projects in the fee programs will be undertaken beyond the current CIP time frame, totaling approximately $12 million Proposed Resolution Making Necessary Findings To be able 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 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 allocated to and expended on only the authorized projects. Adoption of the Resolution (Attachment 2) will allow the City to continue to retain the fees to fund the projects for which they were collected. Right to Reimbursement As part of the Consolidated Impact Fee Administrative Guideline s, there are provisions for the City to annually evaluate impact fee balances held by the City. Staff is to evaluate possible use of funds collected to reduce Impact Fee Credits that have converted to a Right to Reimbursement (RTR). When a developer is granted an Impact Fee Credit, the initial “credit period” is 10 years. Page 4 of 4 During that time the credit can be applied against fees owed. At the end of the “credit period”, a developer has an option to extend the “credit period” in perpetuity or convert to a RTR. The RTR continues for 10 years, and any unpaid amount is forfeited at the end of the RTR period. The following is a summary of current impact fee RTR balances and proposed RTR disbursement amounts for Fiscal Year 2019-20: Impact Fee Fund RTR Balance RTR Disbursement $ FY 2019-20 Budget Budget Change Eastern Dublin TIF1 $157,589.00 $157,589.00 $400,000.00 $0 Fire $1,679,823.80 $100,000.00 $60,000.00 $40,000.00 STRATEGIC PLAN INITIATIVE: Strategy 1: Assure the City’s long-term financial sustainability; Strategic Objective 1A: Maintain strong conservative fiscal policies. NOTICING REQUIREMENTS/PUBLIC OUTREACH: 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. Staff previously made available to the public a draft copy of this report on Monday, December 2, 2019. In addition, the Government Code Section requires that notice of the meeting shall be mailed, a t 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, 2019 2. Resolution Making Findings Regarding Unexpended Traffic Impact Fees for Fiscal Year 2018-19 3. Budget Change Form ATTACHMENT 1 City of Dublin Annual Report of Developer Impact Fee Funds Deposits For the Year Ended June 30, 2019 CONTENTS SECTION INFORMATION PAGE(S) Section 1: Table of Disclosure Requirements With Cross Reference To Government Code and Location In City of Dublin Report ……………………………………. 1-2 Section 2: Description Impact Fees Included In Report ………... 3-4 Section 3: Status of Funds • Interfund Loans & Transfers • Specific Funds Held In Excess of 5 Years • Refunds…………………………………………. 5-7 Section 4: 2018-19 Accounting of Impact Fees by Major Category • Public Facility Impact Fees • Fire Impact Fees • Traffic Impact Fees…………………………….. 8 Section 5: Detail by Fund - Traffic Impact Fees Contributions……………………………………………. 9 Section 5A: Detail - Traffic Impact Fees (Project Specific Mitigation) Contributions……………………………... 10 Section 6: Schedule of Funding For Public Improvements And Percentage Funded By Developer Fees……… 11 Data Available to Public December 2, 2019 Presented City Council Meeting December 17, 2019 SECTION 1 TABLE OF IMPACT FEE DISCLOSURE REQUIREMENTS WITH CROSS REFERENCES 1 Government Code Section Requirement Information Found In City Report 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 impact fee accounts. Section 4 and 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 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. Section 6 66006 (b) (F) 6. An identification of an approximate date by which 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. Section 3, Part B 66006 (b) (G) 7. A description of each interfund transfer or loan 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. Section 3, Part A 66006 (b) (H) 8. The amount of refunds made pursuant to subdivision (e) of Section 66001 and any allocations pursuant to subdivision (f) of Section 66001. Section 3, Part C SECTION 1 TABLE OF IMPACT FEE DISCLOSURE REQUIREMENTS WITH CROSS REFERENCES 2 Government Code Section Requirement Information Found In City Report At 66001 (d) 9. For the fifth year following the first deposit into the account or fund, and every five years thereafter, the City shall make all of the following findings with respect to those portions of the impact fee remaining unexpended, whether committed or uncommitted. Section 3, Part B and attached Resolution for items a-e below. 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. SECTION 2 DESCRIPTION OF IMPACT FEES 3 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 • Western Dublin Transportation Impact Fee (Downtown Traffic Impact Fee) • Public Facilities Impact Fees • Parkland Dedications • 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 (Includes BART Garage Pass-Through) Resolution 225-99 Amended by Resolution 40-10, 111-04 Western Dublin Transportation Impact Fee (Downtown Traffic Impact Fee) Resolution 210-04 Amended by Resolutions 147-16, 47-09 Public Facility Impact Fees Resolution 32-96 Amended by Resolutions 110-17, 134-15, 45-09, 214-02, 60-99 Park Land Dedications Chapter 9.28 Dublin Municipal Code Amended by Ordinances 08-17, 08-15 Fire Impact Fees Resolution 37-97 Amended by Resolutions 111-17, 77-05 12-03, 208-00, 46-09 Tri-Valley Transportation Development Fees Resolution 89-98 Amended by Resolutions 68-15, 87-03, 85-99 Pleasanton Interchange Fees Resolution 11-96 Amended by Resolution 155-98 Dublin – Contra Costa Traffic Impact Mitigation Fees. Resolution 74-00 and Contra Costa 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 SECTION 2 DESCRIPTION OF IMPACT FEES 4 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. SECTION 3 STATUS OF FUNDS 5 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 2018-19. 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 2018- 19 (July 1, 2018). The balances were evaluated based on “developer fees collected’ separate from interest revenue. As of July 1, 2018, there was one project involving the use of Traffic Mitigation Contributions, which has developer fees that continued to be held for more than five years. There were also three impact fees that have developer fees that continued to be held for more than five years. The Projects are included in the City of Dublin Five Year Capital Improvement Program 2018–2023 Update. In accordance with State Law, the City Council has previously adopted Resolution #141-18 on December 18, 2018 declaring the need to continue to maintain the funds. Based on expenditures during Fiscal Year 2018-19, as of June 30, 2019, there is one project that uses Traffic Mitigation Contributions which has developer fees that continued to be held for more than five years. Eastern Dublin Traffic Impact Fee Category 1, Western Dublin Transportation Impact Fee, and Tri-Valley Transportation Development Fees also 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. CENTRAL PARKWAY & PARK PLACE (FORMERLY SYBASE DRIVE) TRAFFIC SIGNAL Mitigation Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs (Estimate) Central Parkway & Park Place Traffic Signal $55,500 $400,000 Description of Project: This project will install a traffic signal at the existing intersection of Central Parkway and Park Place (formerly Sybase Drive). Mitigation fees were paid to partially fund the intersection improvements as a condition of approval of the Sybase Corporate Headquarters Facility, Planning Commission Resolution No. 00-23. The signal installation is required as a condition of phase 2 of the Zeiss Innovation Center project. Source of Funding: Traffic Mitigation Contribution. Approximate Project Completion Date: Phase 2 of the Zeiss Innovation Project is anticipated to be completed in the year 2025. SECTION 3 STATUS OF FUNDS 6 2. EASTERN DUBLIN TRAFFIC IMPACT FEE CATEGORY 1 (EDTIF1) Funding Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs as Identified in CIP EDTIF1 $1,665,873 $11,656,967 Description of Projects: This fee is collected for all the Eastern Dublin Traffic Impact Fee Category 1 (EDTIF1) projects contained within the Eastern Dublin Traffic Impact Fee program. Of the EDTIF1 projects that are contained within the program, four projects are currently in process, as part of the adopted City of Dublin Five Year Capital Improvement Program 2018–2023. Those projects are: Citywide Signal Communications Upgrade (CIP No. ST0713), Dublin Boulevard Extension – Fallon Road to North Canyons Parkway (CIP No. ST0216), Tassajara Road Improvements – North Dublin Ranch Drive to Quarry Lane School (CIP No. ST0119), and Tassajara Road Realignment and Widening – Fallon Road to North City Limit (CIP No. ST0116). There are twenty-two other projects within the Eastern Dublin Traffic Impact Fee program, which will be completed outside the current 5-year CIP planning horizon. Approximate Project Completion Dates: The Citywide Signal Communications Upgrade (CIP No. ST0713) is a multi-year project, which includes an update to the City of Dublin Travel Demand Forecasting Model. The Model update is anticipated to be completed by the end of 2020. Design of the Dublin Boulevard Extension project (CIP No. 0216) is anticipated to be completed in in mid- 2021. Both Tassajara Road projects (CIP No. ST0116 and ST0119) will begin design in Fiscal Year 2019-2020, with Contra Costa County taking lead on the design for CIP No. ST0116. Construction of both projects is anticipated to begin in late 2021 or early 2022. 3. WESTERN DUBLIN TRANSPORTATION IMPACT FEE (WDTIF) Funding Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs as Identified in CIP WDTIF $288,714 $1,059,498 Description of Projects: This fee is collected for all the projects contained within the Western Dublin Transportation Impact Fee (WDTIF) program, which was updated in September 2016. Of the nine WDTIF projects that are contained within the program, two projects are currently in process, as part of the adopted City of Dublin Five Year Capital Improvement Program 2018– 2023. The projects are: Amador Plaza Road Bicycle and Pedestrian Improvements (CIP No. ST0815), the project will widen the roadway for a new right-turn lane from southbound Amador Plaza Road to Dublin Boulevard; Citywide Signal Communications Upgrade (CIP No. ST0713), the project will update the existing City of Dublin Travel Demand Forecasting Model to provide traffic flow projections on the arterial and collector roadways as well as analyze future land use development proposals and transportation network changes in the City. St. Patrick Way Extension project is not within the current Capital Improvement Program, the project is anticipated to be completed in conjunction with the St. Patrick Way Residential Project, a private 499-unit apartment building at 6700 Golden Gate Drive. Approximate Project Completion Dates: The Amador Plaza Road Bicycle and Pedestrian Improvements project (CIP No. ST0815) is in final design. Pending the necessary right-of-way SECTION 3 STATUS OF FUNDS 7 acquisition from one property owner, the project is anticipated to be complete in mid-2021. Right- of-way acquisition for the St. Patrick Way Extension project is anticipated to be complete in 2020. 4. TRI-VALLEY TRANSPORTATION DEVELOPMENT FEES (TVTD) Funding Source Unspent Developer Fees Held More Than 5 Years Remaining Project Costs as Identified in CIP TVTD $933,984 $6,003,017 Description of Projects: This fee is collected for all projects contained within the Tri-Valley Transportation Development Fee (TVTD) program, which was established through a Joint Exercise of Powers Agreement entered on April 22, 1998, between the City of Dublin, City of Livermore, City of Pleasanton, City of San Ramon, Town of Danville, County of Alameda, and County of Contra Costa. There are two TVTD projects in the adopted City of Dublin Five Year Capital Improvement Program 2018–2023. One TVTD project is Tassajara Road Realignment and Widening – Fallon Road to North City Limit (CIP No. ST0116). The other TVTD project is Tassajara Road Improvements – North Dublin Ranch Drive to Quarry Lane School (CIP No. ST0119). Both projects will complete street improvements to Tassajara Road. Approximate Project Completion Dates: Both projects are dependent upon environmental review and adoption of a General Plan Amendment, which is anticipated to be complete in spring 2020. Design and right-of-way acquisition for both projects are anticipated to begin in spring 2020. It is anticipated that construction of both projects will begin in late 2021 or early 2022. C. REFUNDS No refunds were made during Fiscal Year 2018-19. D. RETIREMENT OF IMPACT FEE OBLIGATIONS During Fiscal Year 2018-19, payments were made to retire Impact Fee Credit Obligations as follows: Fee Type Amount Payments to holders of Impact Fee Credits that had converted to Rights to Reimbursement Eastern Dublin Traffic Impact Fee – Category 1 $168,121.26 Reimbursement pursuant to the construction agreement for the Tassajara Interchange. (Alameda County Surplus Property Authority) Eastern Dublin Traffic Impact Fee – Category 1 $65,519.41 Payments to holders of Impact Fee Credits that had converted to Rights to Reimbursement Eastern Dublin Traffic Impact Fee – Category 2 $33,178.08 Payments to holders of Impact Fee Credits that had converted to Rights to Reimbursement Fire Impact Fee $100,000.00 TOTAL $366,818.75 PUBLIC FACILITY FEES FIRE FACILITY IMPACT FEES TRAFFIC IMPACT FEES (ALL CATEGORIES) GRAND TOTAL Funds 4101-4111 Fund 4201 Funds 4301-4311 Detail In Schedule 5 Ending Available 6/30/2018 $18,170,209.77 $144,168.13 $28,885,909.51 $47,200,287.41 Fees Collected: 7/1/2017-6/30/2018 6,554,554.29 132,170.23 3,314,034.41 10,000,758.93 Interest 7/1/2017 - 6/30/2018 628,435.98 3,698.65 596,820.34 1,228,954.97 Less 2018-19 Expenditures Project Expenditures (1,817,384.10) (100,000.00) (3,543,338.33) (5,460,722.43) Interest on Loan from General Fund for Construction of Fire Stations - Retirement of Impact Fee Obligations (266,818.75) (266,818.75) Refunds Per CGC 66001(e)/(f)- Pass Through Funds (See Schedule 5) (347,706.07) (347,706.07) Ending Balance 6/30/2019 $23,535,815.94 $180,037.01 $28,638,901.11 $52,354,754.06 SECTION 4 CITY OF DUBLIN CAPITAL IMPACT FEE REPORT FEES BY MAJOR CATEGORY (Activity July 1, 2018 - June 30, 2019) 8 EASTERN DUBLIN CATEGORY 1 EASTERN DUBLIN CATEGORY 2 WESTERN DUBLIN TRANSPORTATION IMPACT FEE DUBLIN CROSSING TRANSPORTATION FEE SUB-TOTAL "A" TRAFFIC IMPACT FEES Fund #4301 Fund # 4302 Fund # 4304 Fund #4311 Ending Available 6/30/2018 $9,747,874.09 $5,425,705.54 $1,527,860.20 $2,735,796.70 $19,437,236.53 Fees Collected: 7/1/2018-6/30/2019 818,992.66 638,293.11 59,175.92 291,852.00 1,808,313.69 Interest 7/1/2018 - 6/30/2019 212,058.98 115,392.38 32,208.73 31,508.87 391,168.96 (Less: 2018-19 Expenditures) Traffic Improvements (17,104.70) (3,064,677.90) - (3,081,782.60) Retirement of Impact Fee Obligations (233,640.67) (33,178.08) (266,818.75) Refunds Per CGC 66001(e)/(f) Ending Balance 6/30/2019 $10,528,180.36 $3,081,535.05 $1,619,244.85 $3,059,157.57 $18,288,117.83 CATEGORY 3 LOCAL REGIONAL FEES DUBLIN - CONTRA COSTA COUNTY MITIGATION TRI-VALLEY TRANSPORTATION DEVELOPMENT FEE SPECIFIC PROJECT MITIGATION FUND (See 5A for Breakdown) SUB-TOTAL "B" OTHER FEES Fund # 4303 Fund # 4305 Fund # 4306 Fund # 4309 Ending Available 6/30/2018 $415,489.67 $4,742,409.62 $4,225,778.04 $64,995.65 $9,448,672.98 Fees Collected: 7/1/2018-6/30/2019 - 395,972.31 716,062.34 45,980.00 1,158,014.65 Interest 7/1/2018 - 6/30/2019 8,655.62 99,051.87 97,943.89 205,651.38 (Less: 2018-19 Expenditures) Traffic Improvements - (461,555.73) - (461,555.73) Retirement of Impact Fee Obligations - - - Ending Balance 6/30/2019 $424,145.29 $4,775,878.07 $5,039,784.27 $110,975.65 $10,350,783.28 PASS-THROUGH FREEWAY INTERCHANGE & BART GARAGE GRAND TOTAL TRAFFIC FEES (Pass-Through+ "A" + "B") Ending Available 6/30/2018 - $28,885,909.51 Fees Collected: 7/1/2018-6/30/2019 $347,706.07 3,314,034.41 Interest 7/1/2018 - 6/30/2019 596,820.34 (Less: 2018-19 Expenditures) Traffic Improvements (3,543,338.33) Retirement of Impact Fee Obligations (266,818.75) Refunds Per CGC 66001(e)/(f) BART Garage Reimbursements - ACSPA (202,415.41) (202,415.41) Freeway Interchange Reimbursements - City of Pleasanton (145,290.66) (145,290.66) Ending Balance 6/30/2019 * $28,638,901.11 * Note "Pass-Through" Balance excludes Year-End Interest accrual recorded as a liability. CITY OF DUBLIN CAPITAL IMPACT FEE REPORT SECTION 5 LOCAL TRAFFIC IMPACT FEES REGIONAL/MITIGATION TRAFFIC IMPACT FEES BREAKDOWN OF TRAFFIC IMPACT FEE FUNDS (Activity July 1, 2018 - June 30, 2019) 9 4309.41018 4309.41009 Dougherty / Scarlett Park Place Intersection Traffic Signal GRAND TOTAL CIP PROJECT #Not Yet Assigned Ending Available 6/30/2018 $64,995.65 $64,995.65 Fees Collected: 7/1/2018-6/30/2019 $45,980.00 $45,980.00 Interest 7/1/2018 - 6/30/2019 - (Less: 2018-19 Expenditures)- Refunds Per CGC 66001(e)/(f)- Ending Balance 6/30/2019 $45,980.00 $64,995.65 $110,975.65 SECTION 5A CITY OF DUBLIN CAPITAL IMPACT FEE REPORT DETAIL OF TRAFFIC MITIGATION CONTRIBUTIONS (From July 1, 2018 - June 30, 2019) 10 CIP # Project Name Fiscal Year 2018-19 Expenditures (Developer Fee Funds) Fiscal Year 2018-19 Expenditures (Other Funds) Total Project Expenditures (Fiscal Year) % From Developer Fees PUBLIC FACILITY FEES pk0105 Emerald Glen Park Rec. & Aquatic Complex $217,991.15 $217,991.15 100% pk0115 Don Biddle Community Park 46,297.40 46,297.40 100% pk0216 Sean Diamond Park 21,468.42 21,468.42 100% pk0514 Jordan Ranch Neighborhood Park 1,094.50 1,094.50 100% pk0414 Fallon Sports Park - Phase 2 57,175.07 57,175.07 100% pk0119 Fallon Sports Park - Phase 3 75,631.38 75,631.38 100% Payment of Transit Center Parkland Acquisition 1,368,186.00 1,368,186.00 N/A Ops Program Park & Rec Master Plan Update 29,540.18 29,540.18 N/A TOTAL PUBLIC FACILITY FEE PROJECTS $1,817,384.10 $1,817,384.10 100% FIRE FACILITY FEE Fire Impact Fee Right to Reimbursement 100,000.00 100,000.00 TOTAL FIRE FACILITY FEE EXPENDITURE $100,000.00 $100,000.00 100% TRAFFIC IMPACT FEES (Excludes "Pass -Through" Payments - BART GARAGE & INTERCHANGE FEES) Ops Program TIF Administration EDTIF Update (Fund 4301)$16,992.38 $16,992.38 Dept. Operating Budget Total $16,992.38 $16,992.38 N/A Non-Departmental- Credit Pmts & Pass Through EDTIF1 (Fund 4301) Pmts reducing Credits Held $233,640.67 $233,640.67 EDTIF2 (Fund 4302) Pmts reducing Credits Held 33,178.08 33,178.08 Non-Dept. Budget Total $266,818.75 $266,818.75 N/A st0911 Dougherty Rd Impvts Sierra Ln To N. City Limits EDTIF2 (Fund 4302)$29,582.00 Dougherty Valley TIF (Fund 4305)461,555.73 st0911 Total $491,137.73 $2,754,477.53 $3,245,615.26 15% st1012 Dublin Boulevard - Sierra Court to Dougherty EDTIF2 (Fund 4302)$3,035,095.90 st1012 Total $3,035,095.90 $3,506,903.50 $6,541,999.40 46% st0119 Tassajara Rd Impvts - N Dublin to Quarry Ln School EDTIF1 (Fund 4301)$112.30 $112.30 st0216 Total $112.30 $112.30 100% TOTAL TRAFFIC IMPACT FEE PROJECTS $3,810,157.06 $6,261,381.03 $10,071,538.09 38% SECTION 6 CITY OF DUBLIN IMPACT FEE REPORT SCHEDULE OF FUNDING FOR PUBLIC IMPROVEMENTS & PERCENTAGE DEVELOPER FEES LISTING OF ACCOUNTS WITH ACTIVITY JULY 1, 2018 to JUNE 30, 2019 11 ATTACHMENT 2 RESOLUTION NO. XX - 19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * MAKING FINDINGS REGARDING UNEXPENDED TRAFFIC IMPACT FEES FOR FISCAL YEAR 2018-19 WHEREAS, 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 2018- 2023 Capital Improvement Program and include the improvements described below: Source of Fee Unexpended Developer Fees as of June 30, 2019 1. Project Specific Mitigation: Central Parkway & Park Place Drive Traffic Signal $55,500 2. Eastern Dublin Traffic Impact Fee Category 1: Eastern Dublin traffic improvements $1,665,873 3. Western Dublin Transportation Impact Fee $288,714 4. Tri-Valley Transport. Development Fee $933,984 WHEREAS, the contributions and fees and their associated projects described in the recital above are referred to as the "Traffic Improvements." NOW, THEREFORE, BE IT RESOLVED that the City Council of City of Dublin hereby find and determine that the foregoing recitals and determinations are true and correct: A. The contributions and fees which have been collected for the Traffic Improvements will remain unexpended after Fiscal Year 2018-19. B. The contributions and fees which have been collected for the Traffic Improvements will remain committed for construction of the improvements identified in the adop ted Capital Improvement Program. C. The purpose for which the contributions and fees will be used is construction of the Traffic Improvements, as described above and in the 2018-2023 Capital Improvement Program. D. The contributions and fees were collected to make the Traffic Improvements, which improvements will mitigate traffic impacts caused by the new development proje cts which paid the fees. E. The contributions and fees which have been collected for the Traffic Improvements are needed for construction of the Traffic Improvements. PASSED, APPROVED, AND ADOPTED this 17th day of December 2019, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ____________________________ Mayor ATTEST: ___________________________ City Clerk Budget Change Reference #: From Un-Appropriated Reserves X Budget Transfer Between Funds From Designated Reserves Other Account Amount Account Amount 4201.1901.86101 $40,000.00 12/17/2019 Posted By:Date: As Presented at the City Council Meeting **********Finance Use Only********** CITY OF DUBLIN Right to Reimbursement for Fire Impact Fee REASON FOR BUDGET CHANGE FISCAL YEAR 2019-20 BUDGET CHANGE FORM Fire Impact Fee - Non-Dept - Impact Fee Obligation City Council's Approval Required ATTACHMENT 3