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HomeMy WebLinkAboutItem 4.04 EDublTrffc ImpctFee (2) ..".... . ;j . . CITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: April 24, 1995 SUBJECT: Budget Transfer for East Dublin Traffic Impact Fee Study Report by: Lee S. Thompson, Public Works Director EXHIBITS A TT ACHED: Budget transfer fonn RECOMMENDATION: ~ Approve an additional budget appropriation of $840 to the Capital Improvement Project "Traffic Impact Fee Study for East Dublin. FINANCIAL STATEMENT: ,V/The sum of $840 will be advanced from the General Fund to pay the f])v consultant. The advancement will be repaid from future traffic ~ impact fees levied in the Eastern Dublin area. DESCRIPTION: The firm of Barton-Aschman, Transportation Consultants, were hired to perform studies and prepare recommendations for the adoption of an Eastern Dublin Traffic Impact Fee. Due to the need for additional exposure of study and proposed fees in the review/approval period, Staff had requested that the consultant attend additional meetings. As the consultant was at the maximum amount of fee allowed in his contract, it is necessary to authorize additional compensation for the extra work and an additional appropriation to cover the cost. g:\agenmisc\/ifi840 ;:~::.-3L!l-------------------------~::~-~::--::~-~:=--~~~ ~ (] ~-,._,---,,-_.._-----_._--_._. ~.,#" ~ .... . . cn'! OF tJUULlII UUllGET CIlIlIIGE FORM ClIl\1IGE FORti --L- new oPPI:opdation.l.xx..l buuyet transfer .Ll budget change .Ll uecrease budget account lncI:ease budget account ~ I~ elr Fmld: East Dublin TIF Study - Contract Svcs. account II laccount " 1 $ 11 300 - Qh49 7.10 - 000 $ R.1O ~ I name' UCCllunt IL !llCCOUlIt /I 2 :t. 12 $ name I name accowlt II l;;lccount II 3 $ 13 $ ~ I n;:lme account II laccount " 'I $ 11 $ mUlle I~ occount II laccount II 5 $ 15 $ .......!E!!.!!Q I~ (lccouut II \account II G $ 16 $ ~ I n(lffie ;:lccounl It laccollnt II 7 :I; 17 :I; ~ I name ar.:r:ount It I accoun t It 8 :I; 18 $ 'l'OTIIL BUOOET lllCRElISES $ 'roTlIL BUDGET DECREASES $ REASONS, JUSTIFICATION, AND ITEMIZED COSTS: Eastern Dublin Traffic Impact Fee Study - Additional meeting attendance required of consultant. The cost of the project will be recovered from fees collected at a later' date. An operating transfer from the General frmd to Ftmd 300 is authorized lmti.l monies are collected to repay the General Frmd. CITY HANaGER \ \ date signature CUY COUNCIL \ \ date signature