HomeMy WebLinkAbout18-132 - ResolutionRESOLUTION NO. 18-132
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA ACCEPTING THE AB 1600 DEVELOPMENT IMPACT FEE
ANNUAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2018 AND
MAKING FINDINGS AS REQUIRED BY CALIFORNIA GOVERNMENT
CODE SECTION 66001
WHEREAS, 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; and
WHEREAS, the City has imposed and collected development impact fees from developers which
are subject to AB 1600 requirements; and
WHEREAS, 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; and
WHEREAS, the City has prepared the annual report for the fiscal year ended June 30, 2018 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; and
WHEREAS, for the fiscal year ended June 30, 2018, there were no interfund transfers or loans
made from the fund, nor refunds that were made; and
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY
RESOLVES, as follows:
The recitations above 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 Report for the fiscal year ended June 30, 2018.
3. The City Clerk shall certify to the adoption of this Resolution.
Resolution No. 18-132 — Page 1 of 2
PASSED, APPROVED, AND ADOPTED this 19th day of December 2018.
L. Dennis Michael, Ma or
ATTEST:
dlrd�k Lo &wttt&
J ice C. Reynolds, C erk
STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss
CITY OF RANCHO CUCAMONGA )
I, Janice C. Reynolds, City Clerk of the City of Rancho Cucamonga, do hereby
certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of
the City of Rancho Cucamonga, at a Regular Meeting of said Council held on the 19th day of December
2018.
AYES: Hutchison, Kennedy, Michael, Scott and Spagnolo
NOES: None
ABSENT: None
ABSTAINED: None
Executed this 201h day of December, 2018, at Rancho Cucamonga, California.
JaWice C. Reynolds, Clerk
Resolution No. 18-132 — Page 2 of 2