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HomeMy WebLinkAboutReso 132-21 Making Findings Regarding Unexpended Traffic Impact Fees for Fiscal Year 2020-21Reso. No. 132-21, Item 4.3, Adopted 12/07/2021 Page 1 of 2 RESOLUTION NO. 132 - 21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN MAKING FINDINGS REGARDING UNEXPENDED TRAFFIC IMPACT FEES FOR FISCAL YEAR 2020-21 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 2020-2025 Capital Improvement Program and include the improvements described below: Source of Fee Unexpended Developer Fees as of June 30, 2021 1. Project Specific Mitigation: Central Parkway & Park Place Drive Traffic Signal $55,500 2. Eastern Dublin Traffic Impact Fee Category 1 $5,688,439 3. Western Dublin Transportation Impact Fee $1,241,872 4. Dublin - Contra Costa County Traffic Impact Mitigation Fees $2,102,468 5. Tri-Valley Transport. Development Fee $1,527,622 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 finds and determines 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 2020-21. B. The contributions and fees which have been collected for the Traffic Improvements will remain committed for construction of the improvements identified in the adopted 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 2020-2025 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. {Signatures to follow on next page} Reso. No. 132-21, Item 4.3, Adopted 12/07/2021 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 7th day of December 2021, by the following vote: AYES: Councilmembers Hu, Josey, Kumagai, McCorriston and Mayor Hernandez NOES: ABSENT: ABSTAIN: ___________________________ Mayor ATTEST: ___________________________ City Clerk