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HomeMy WebLinkAbout16-012 - Resolutions - IMPACT FEE ANNUAL REPORTS AB 1600 RESOLUTION NO. 16-012 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA ACCEPTING AB 1600 DEVELOPMENT IMPACT FEE ANNUAL REPORTS FOR THE FISCAL YEARS ENDED JUNE 30, 2014 AND 2015 AND THE AB 1600 DEVELOPMENT IMPACT FEE FIVE YEAR REPORT FOR THE FISCAL YEARS ENDING JUNE 30, 2016 TO JUNE 30, 2020,AND MAKE FINDINGS AS REQUIRED BY CALIFORNIA GOVERNMENT CODE SECTION 66001 A. Recitals 1. Government Code sections 66000 et seq. (commonly known as and referred to herein as AB 1600) regulates the imposition, collection, maintenance, expenditure and reporting of development impact fees imposed on developers for the purpose of defraying all or a portion of the costs of public facilities. 2. The City has imposed and collected development impact fees from developers which are subject to AB 1600 requirements. 3. In accordance with the provisions of AB 1600, the City has established separate funds for each development impact fee, crediting earned interest to those funds, and the accumulated fees and related interest on appropriate expenditures. 4. The City has prepared annual reports for the fiscal years ended June 30, 2014 and 2015 in accordance with the AB 1600 requirements as prescribed in Government Code section 66006, reflecting the beginning and ending balance of each separate fund containing development impact fees; the amount of fees collected and the interest earned for the fiscal year; the amount of expenditures and refunds made in the fiscal year; a description of each interfund transfer and loan, including the repayment date and interest rate of the loan, made from each fund containing development impact fees, and a description of the type of fees and the fee amounts. 5. For the fiscal years ended June 30, 2014 and 2015 there were no interfund transfers, loans made from the funds, or refunds that are reported. 6. In addition to the annual reporting, every five years following the first deposit of developer impact fees, and every five years thereafter, the City is required to make the following findings as prescribed in Government Code section 66001 for any portion of the fees remaining unexpended: 1) identify the purpose to which the fee is put, 2) demonstrate a reasonable relationship between the fee and the purpose for which it is charged, 3) identify all sources and amounts of funding anticipated to complete financing incomplete improvements, and 4) designate the approximate dates on which the funding will be available. 7. The Drainage Facilities Fund, Drainage — Etiwanda/San Sevaine Fund, Drainage Henderson/Wardman Fund, Etiwanda Drainage Fund, Etiwanda Drainage/Upper Etiwanda Resolution No. 16-012 — Page 1 of 3 Fund, Park Development Fund, South Etiwanda Drainage Fund, Transportation Fund, and Lower Etiwanda Drainage Fund, which were established for the purpose of providing a source of funding for specific public facilities, contain some funds which are five or more years old. B. Resolution NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO DOES BY HEREBY FIND, DETERMINE, CONCLUDE, AND RESOLVE AS FOLLOWS: 1. The City Council hereby specifically finds that all of the facts set forth in the Recitals, Part A, of this Resolution are true and correct. 2. The City Council hereby receives and files, and makes available to the public, the City's AB 1600 Development Impact Fee Annual Reports for the fiscal years ended June 30, 2014 and 2015. 3. The City Council hereby receives and files, and makes available to the public, the City's AB 1600 Development Impact Fee Five Year Report for Fiscal Years Ending June 30, 2016 to June 30, 2020 (the "Five Year Report"). 4. In accordance with Government Code, Section 66001(d) and based upon substantial evidence presented to the City Council during its duly notice public meeting on February 3, 2016, including but not limited to written and oral staff reports, the City Council hereby specifically finds as follows with respect to those portions of the accounts or funds remaining unexpended, whether committed or uncommitted: a. The purposes to which the fees are to be put are the purposes stated in the Five Year Report. b. The Five Year Report demonstrates a reasonable relationship between each fee and the purposes for which they are charged. C. The Five Year Report identifies the sources and amounts of funding anticipated to complete financing of incomplete improvements identified the Five Year Report. d. The Five Year Report identifies the approximate dates on which the funding anticipated to complete financing of incomplete improvements is expected to be deposited into the appropriate account or fund. 5. The City Clerk shall certify to the adoption of this Resolution Resolution No. 16-012 — Page 2 of 3 PASSED, APPROVED, AND ADOPTED this 3`d day of February 2016. AYES: Alexander, Kennedy, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None L. Denrr Michael, Mayo _ ATTEST: /6�ja C eynolds, City Clerk 1, JANICE C. REYNOLDS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved and adopted by the City Council of the City of Rancho Cucamonga, California, at a Regular Meeting of said City Council held on the 3rd day of February 2016. Executed this 4'" day of February 2016, at Rancho Cucamonga, California. vs� /� Ja ' ynolds, City Clerk Resolution No. 16-012 — Page 3 of 3