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HomeMy WebLinkAboutReso 1998-18965 RESOLUTION NO. 18965 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADJUSTING THE TELEGRAPH CANYON DRAINAGE FEE AS PROVIDED FOR IN ORDINANCE NO. 2384 WHEREAS, in 1990 the City Council established the Telegraph Canyon Drainage Fee by Ordinance No. 2384 for drainage improvements identified in the Telegraph Canyon Drainage Plan ("Drainage Fees"); and WHEREAS, Section IV of Ordinance No. 2384 provides that the Drainage Fees may be adjusted as necessary to reflect changes in the Engineering News Record (ENR) Construction Cost Index, the cost of the drainage facilities, changes in land use designation and other sound engineering and financing information; and WHEREAS, the ENR Construction Cost Index is a monthly composite figure of the cost of various construction, material and labor costs as measured by the Engineering News Record Magazine and is a accurate predictor of the effects of inflation on a typical construction project; and WHEREAS, an increase to the Drainage Fee was last considered in 1992, however the fee remained unchanged for various factors; and WHEREAS, staff believes that after six years with no adjustment to the Drainage Fee considered by the City Council it is time to revisit the amount of said fee; and WHEREAS, a noticed public hearing was held by the City Council on April 21, 1998 to consider an adjustment to the Drainage Fee; and WHEREAS, the amount of the ENR Construction Cost Index has increased since the adoption of the Drainage Fee, staff recommends an adjustment to the Drainage Fee, as provided for in Section IV of Ordinance 2384, to ensure that the facilities identified in the Telegraph Canyon Drainage Plan will be built as needed, and WHEREAS, the following methodology is recommended for adjusting the Drainage Fee: ENR Construction Cost Index - August, 1992 $5032.16 ENR Construction Cost Index - March, 1998 $5875.44 Increase in Index ($5875.44 + $5032.16) 1.1675 Revised Fee (83922.00 x 1.1675) $4579.00 NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby adjust the Telegraph Canyon Drainage Fee as provided in Ordinance No. 2384 to $4,579 per acre in accordance with the methodology described herein. Presented by Approved as to form by ~rk% Director JgJ~rl M. Kaheny J ity Attorney Resolution 18965 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 21st day of April, 1998, by the following vote: AYES: Councilmembers: Padilia, Rindone, Salas and Horton NAYES: Councilmembers: None ABSENT: Councilmembers: Moot ABSTAIN: Councilmembers: None Shirley Hort~n,'Mayor ATTEST: ~Aut~elet, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 18965 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 21st day of April, 1998. Executed this 21st day of April, 1998. ~Auth~tet, City Clerk