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HomeMy WebLinkAboutReso 2000-052 RESOLUTION NO. 2000-052 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING FINDINGS THAT THE UNEXPENDED FU~NDS IN THE VARIOUS DIF FUNDS ARE STILL NEEDED TO PROVIDE CONSTRUCTION OF FACILITIES FOR WHICH THE FEES WERE COLLECTED WHEREAS, Government Code §66000 requires local agencies assessing Development Impact Fees CDIF") to make available specified financial data to the public each fiscal year; and WHEREAS, this information has been available in the City Clerk's office for public review since December 27, 1999; and WHEREAS, it also required that the local agency review this information at a public meeting; and WHEREAS, local agencies are also required to make findings once each year for any funds remaining unexpended or uncommitted for five or more years, which findings must identify the purpose for the fee and demonstrate a reasonable relationship between the fee and the purpose for which it was charged. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby make findings that the unexpended funds in the various DIF Funds are still needed to provide construction of facilities for which the fees were collected for the following projects: EastLake Park Development Impact Fee The fees collected prior to Fiscal Year 1993 plus the interest earned are still needed for park facilities. Per Council approval and a request from the EastLake Development Co. for their cash flow needs, the funds are on loan to EastLake Development Company to be repaid on demand. No other DIF or PAD funds contain monies that have been on deposit for five or more years. BE IT FURTHER RESOLVED that the staff report and all exhibits are hereby incorporated into the record of these proceedings. Presented by Approved as to form by J ' . Kaheny ' C/) Deputy City Manager ey Administrative Services Resolution 2000-052 __ Page 2 PASSED, APPROVED, and .~d2)OPTED by the City Council c~f the City of Chula Vista, California, this 15th day of February, 2000, by the following vote: AYES: Councilmembers: Davis, Moot, Padilla, Salas, and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: None Shi~ayoff~r ATTEST: Susan Bigelow, City Cle~e~ STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2000-052 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 15m day of February, 2000. Executed this 15th day of February, 2000. Susan Bigelow, City Clerk