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HomeMy WebLinkAboutReso 1996-18466 RESOLUTION NO. 18466 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING FINDINGS THAT THE UNEXPENDED FUNDS 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 ("DIF") to make available specified financial data to the public each fiscal year; 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 ad 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: · Transportation Development Impact Fee (TDIF) The projects listed in Attachment B, Table 1, are to be constructed using monies collected by the Transportation Development Impact Fee. Any funds in the account that are five or more years old have been appropriated for specific projects. No funds in the account five or more years are uncommitted. · EastLake Park Development Impact Fee The fees collected prior to FY91-92 plus the interest earned are still needed for park facilities. Currently, the funds are on loan to Eastlake Development Company to be repaid July 1, 1999. · Public Facilities DIF - Corporation Yard Relocation. The City is in the process of siting a new corporation yard. The fees collected prior to FY91-92 are still needed for the intended purpose. Presented by Approved as to form by Ann Y. Moore Director of Finance Acting City Attorney Resolution 18466 Page 2 TABLE 1 TRANSPORTATION DIF CAPITAL IMPROVEMENT PROJECTS Revised D1F Street Location Cost as of Status as of June 30, 1996 Jan., 1994 State Route 125 North San Miguel to Telegraph Canyon Road $(: Transferred to SR-125 DIF/CFD State Route 125 South Telegraph Canyon Road to East Orange (] Transferred to SR-125 DIF/CFD ~venue Telegraph Canyon Road Paseo Del Rey to East of Paseo Laden 3,452,00( Widening to 6-lane prime Telegraph Canyon Road 1-805 Interchange Phase II 1,814,00C Interchange Improvements (Phase IIA is under construction) East "H" Street 1-805 Interchange Modifications 3,780,00~ Interchange Improvements (Phase I completed) Otay Lakes Road Telegraph Canyon Road to East Orange 4,574,00C Construction as 6-lane prime (only Avenue Phase I - 4 lanes included) Bonita Road Otay Lakes Road to Central Avenue 370,00C Widening to 4-1ane major Bonita Road Central Avenue to San Miguel Road 792,00~ Widening to 4-lane major San Miguel Road Bonita Road to SR-125 1,574,500! Second Part of SR-125 DIF/CFD Proctor Valley Road Mr. Miguel Road to Hunte Parkway 5,377,000 Construction as 6-lane prime (East "H" Street) East Orange Avenue Oleander to Sunbow Eastern Boundary 6,266,000 Construction as 6-lane prime East Palomar Street Oleander to Sunbow Eastern Boundary 6,782,000 Construction as 4-lane major Hunto Parkway Proctor Valley Road to Telegraph Canyon 4,395,000 Construction as 4-lane major Road Hunto Parkway Club House Drive to East Orange Avenue 1,250,000 Construction as 4-lane major East Orange Avenue Eastlake Parkway to Hunte Parkway 6,356,000 Construction as 6-lane pr:ane Paseo Ranehero Telegraph Canyon Road to East Orange 3,388,000 Construction as 6-lane prime (only Avenue Phase I - 4 lanes included) East Orange Avenue Eastern Sunbow Botmdary to Eastlake 18,233,000 Construction as 6-hne prime Parkway East Orange Avenue l-g05 Intorchange Modifications 4,064,000 Interchange Improvements East Palomar Street Eastern Sunbow Boundary to Paseo 3,120,000 Construction as C-lane major Ranthero Resolution 18466 Page 3 TABLE 1 (continued) TRANSPORTATION DIF CAPITAL IMPROVEMFNT PROJECTS Revised DIF Street Locatinn Cost as of Status as of Jun, 30, 1996 Jan., 1994 EastPalomarStroet 1-805 Interchange 2,673,000 Interchange Improvements Telegraph Canyon Road ~ Hunte Parkway to Wucste Road 3,114,000 Construction as 4-lane major (Otay Lakes Road) East Orange Avenue Hunte Parkway to Olympic Training Center 5,104,000 Construction as 4-lane major Telegraph Canyon Road SR-125 to Eastlake Parkway 1,493,900 Widening to 8-lane prime (Otay Lakes Road) Eastlake Parkway Fenton Street to Telegraph Canyon Road 980,400 Widening to 6-lane major (Otay Lakes Road) East "H" Street 1-805 to Hidden Vista Drive 901,000 Widening to 8 lanes Bonita Road Otay Lakes Road Intersection 105,000 Intersection Improvements Otay Lakes Road Elmhurst Drive Intersection 70,000 Intersectinn Improvements East "H" Street Otay Lakes Road Intersection 221,000 Intersection Improvements Truffle Signal System wide 138,00C Interconnection Eastlake Parkway Eastlake High School Southern Boundary to 3,268,5001 Construction as 4-lane major East Orange Avenue East "H" Street Paseo Del Rey to Tierra Del Rey 682,00C Street Widening (Phase 1 & 2 completed) Bonita Road 1-805 to Plaza Bonita Road 270,00C Street Widening (Completed) TOTAL PROJECT COSTS 94,608,30C DIF program support 5% of total project cost 4,613,552 GRAND TOTAL 99,221,852 Resolution 18466 Page 4 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 22nd day of October, 1996, by the following vote: AYES: Councilmembers: Alevy, Moot, Padilia, Rindone, Hotton NAYES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Shir~y Horton, Mayor ATTEST: Authelet, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. 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. 18466 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 22nd day of October, 1996. Executed this 22nd day of October, 1996. Beverly ~,. Authelet, City Clerk