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HomeMy WebLinkAboutReso 1995-18037- RESOLUTION NO. 18037 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 WHEN 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 A, 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 $783,060 from fees collected prior to FY90-91 plus interest are needed to satisfy Eastlake Park obligations. The City is also in the process of reviewing the original Eastlake Park cri3dits and Eastlake II and Eastlake III agreements. As of June 30, 1995, the funds are stil/~,eded for t e intended purpose. Presented by ~B~rl~pr ved as m Robert Powell' uce M. Boogaard Director of Finance City Attorney' Resolution No. 18037 Page 2 ATTACHMENT A TABLE 1 TRANSPORTATION DIF CAP|TAL IMPROVEMENT PROJECTS Resolution No. 18037 Page 3 TABLE 1 TRANSPORTATION D[F CAPITAL IMPROVE1V[F_J~ PROJECTS l~vlmi DIF SOwst Location Cost u of _m,,~,,_ u ofJtmm ]O, 1995 Jan., 1994 EutPalonmrStrmet I-a0~ Internhangs 2,673,000 Intuchangslmprovs~nente Tclcgrql Canyon Road Hunts Pativmy to Wum~ Road 3,114.000 Construction u 4*lane major East Orange Avemtm Hunit Parkway to O|ympie Training Center $,101,000 ConMngQon u ~-Iane major Teiognph Canyon Road SR-12~ ~ ~astlakc Padcway 1,493.900 W'tdening to I-brig priffm Eastlake l~td~y Ftnton S~et to Telegraph Canyon Road 980.400 WideribI to 6-lane major East 'H' StrMt 1-10S to Hidd¢o Vis,a Drive 901,0C0 Widening to I h Bonite Road ~ay LAkes Road lnter~e~tion 10S.000 Intersection Improvemenu G~y Lake~ Road Elmhunt Drive Interr. e~tion 70.000 Interw~tion Improvemenu F~st *H* SU'e~I OUy L~es Road Intersection 221,000 lnten~ctlon Improvements Trafrg Signal System wide 131.000 I~teroosmection ~ PeA, way Eastlake HiSh School Southern Bouada~ to 3,268,~00 Construction as i-lent major East Oren~ Avenoa East 'H' Smut Pago D¢I Rey to Tterm Del Rcy 682,(X~0 $t~ Widening ~nus 1 i 2 ~ompJm~d) Bonlta Road 1-80~ to Plaza Bonite Road 270,000 Stt~i Widening TOTAL PROJECT COSTS 94.608300 D|F program support 5 1 of total proira coat 4.613.~52 GRAND TOTAL 99,221,8S2 T Resolution No. 18037 Page 4 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 19th day of September, 1995, by the following vote: AYES: Councilmembers: Alevy, Moot, Padilia, Rindone, Horton NAYES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None ATTEST: -Beverly A. ,~,uthele~--~y ~ler~k'~ ~ T' 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. 18037 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 19th day of September, 1995. Executed this 19th day of September, 1995. ,~Beverly A. Auth~it ClJe ~