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Res15 15411
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Res15 15411
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Last modified
6/11/2015 4:00:59 PM
Creation date
6/11/2015 4:00:58 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/8/2015
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06/08/2015 <br /> transportation improvements that are, and shall be, specified in the 2000 <br /> Study and its periodic updates; and (6) the specific Fees imposed on <br /> various types of development are based on evidence provided by <br /> transportation studies and research on the volumes of traffic generated by <br /> various land use types, and are presented in an Impact Fee Schedule <br /> included in the Account Report. This reasonable relationship remains <br /> befinreen the current need for the Fee and the purpose for which it was <br /> originally collected; <br /> (c) The City has established a separate fund to account for fees <br /> to finance the implementation of transportation improvements identified in <br /> the 2000 Study as mitigation measures for continued development within <br /> the City, as documented in the financial account statements included in <br /> the Account Report. The City's adopted General Plan identified <br /> transportation improvements to mitigate measures for continued <br /> development in the City. Transportation Impact Fees collected previously <br /> and in the future are necessary to fund the transportation improvements. <br /> The overall total year-end balance for Fiscal Year 2013-14 in the <br /> Transportation Impact Fee account is $9,473,990. Direct developer <br /> contributions to some improvements, as well as State and regional grants <br /> and funding programs, and other funds under City control, are anticipated <br /> sources of funding to complete financing of incomplete improvements; <br /> and <br /> ATTY/RES0.3088/CC RESO TRAFFIC IMPACT MITIGATION FEE RE50.#15411 <br /> REV:05-19-15 VR MUFF#702 <br /> Page 4 of 5 <br />
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