HomeMy WebLinkAboutAgenda Statement 1988/04/05 Item 14COUNCIL AGENDA STATEMENT
• Item 14
Meeting Date 4/5/88
ITEM TITLE: Resolution ~,3 `~ Authorizing the Eastlake Development
Company to construct a portion of Otay Lakes Road from Rutgers
Avenue to the eastern boundary of the Eastlake Business Center
and receive a cash or credit reimbursement as determined by
the City against Development Impact Fees required by Ordinance
No. 2251 at the time building permits are issued for the
developer's project
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SUBMITTED BY: Director of Public Works
REVIEWED BY: City Managerf~~~,,/r~ (4/5ths Vote: Yes No X )
The Eastlake Development Company has requested authorization to construct a
portion of Otay Lakes Road from Rutgers Avenue to the eastern boundary of the
Eastlake Business Center and receive a cash or credit reimbursement against
Development Impact Fees pursuant to Ordinance No. 2251 adopted January 12,
1988.
The Environmental Review Coordinator conducted an Initial Study, IS-88-19, of
• potential environmental impacts due to the implementation of this project.
Based on the Initial Study and comments received, the Coordinator concluded
that there would be no significant environmental impact and recommended that
the City Council adopt a Negative Declaration for the project.
RECOMMENDATION:
1. Based on the Initial Study and comments on the Initial Study and Negative
Declaration (copies of all attached), find that this project will have no
significant environmental impacts and adopt the Negative Declaration
issued on IS-88-19.
2. That City Council adopt the resolution.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
Ordinance No. 2251 established a Development Impact Fee to pay for
transportation facilities in the eastern territories of the City. The
ordinance provides that a developer may request authorization from the City
Council to construct one or more of the transportation facilities listed in
the ordinance.
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• Page 2,-Item 14
Meeting Date 4/12 88
The segment of Otay Lakes Road from Rutgers Avenue east approximately 4400
feet to the western boundary of the Eastlake Business Center as a 4-lane major
road on 6-lane graded facility is one of the facilities listed in the
ordinance. Also the segment through Eastlake Business Center is constructed
on the south side, but needs to be constructed on the north side and is one of
the facilities in the ordinance.
It is anticipated that most of the major projects listed in the ordinance
establishing the Development Impact Fee will be built by developers and/or
assessment districts and that developers will earn credits against future fees
at the building permit stage. There will be relatively few projects that will
be funded directly by the Development Impact Fees. Should the credits from
future projects not be enough to offset the developer's front-end expense for
a particular project, the City will reimburse additional monies to the
developers at the time that the City feels there are adequate funds to do so
and that reimbursement will not delay needed future projects.
Attached is a copy of the request for authorization to construct which
contains a description and cost estimate of the improvements along with other
information and statements as required to be submitted to the City Council.
FISCAL IMPACT: None to the City. The Eastlake Development Company will
advance all necessary funds to construct the project and will receive a credit
or cash reimbursement in accordance with the provisions of Ordinance No.
2251. The total estimated cost of the facilities to be constructed is
$6,833,151.
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t'-,_: wit;; Council of
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Dated
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