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HomeMy WebLinkAbout79-10 - Resolutions RESOLUTION NO. 79-10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCkMONGA SETTING A SYSTEMS DEVELOPMENT FEE IN ACCORDANCE WITH ORDINANCE NO. 61 OF THE CITY OF RANCHO CUCA~ONGA. The City Council of the City of Rancho Cucamonga hereby does resolve as follows: WHEREAS, Ordinance No. 61 of the City of Rancho Cucamonga provides for the collection of a Systems Development Fee to provide a predictable and equitable funding source for capital improvements by requiring new development to "buy into" the pre-existing City infrastructure so that the impact of new growth on existing improvements will be borne by new development; and WHEREAS, Ordinance No. 61 requires that every applicant for a building permit shall pay a Systems Development Fee equal to an amount set by Resolution by the City Council of the City of Rancho Cucamonga. NOW, THEREFORE, BE IT RESOLVED that the City of Rancho Cucamonga sets a Systems Development Fee equal to one percent (1%) of the estimated building permit valuation of a building and that payment of the Systems Development fee shall be made concurrently with the payment of any and all building permit fees levied on construction of said building. ALSO, BE IT RESOLVED that funds collected under this fee may be utilized for the following studies: Preparation of subarea trafficways studies to establish specific street standards. Precise alignment plans for major and secondary thoroughfares. Specific Urban Design Plans for Special Boulevards. Establishment of City improvement standards and specifications. Multimodal Transportation Element Studies. PASSED, APPROVED, and ADOPTED this 18th day of April, 1979. AYES: ~ikels, Palombo, West, Frost. NOES: None ABSENT: Schlosser // / Ma-F~ ATTF~T: d////