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<br />6.4A <br />Page 1 <br /> <br />R. '.',. .8< "PO.' ....R.. '-.T'. . <br />, '., .:" . . - . ," <br />. . . <br />.,. "'. <br /> <br /> <br />October 8,2007 <br /> <br />SUBJECT <br />Introduction of Quimby Act Implementation Ordinance and Parks Impact Fee Ordinance <br /> <br />RECOMMENDATION <br />1. Introduce an ordinance adding Article XVI to Chapter 18 (Local Improvements <br />And Planning) of the City Code Regarding the Parks Impact Fee and Setting the <br />Rates for Such Fee at 50% of the possible maximum <br />2. Introduce an ordinance adding Article XII to Chapter 30 of the City Code <br />regarding Park Dedication Requirements (Quimby) <br /> <br />BACKGROUND <br />The Quimby Implementation Act Ordinance and the Park Impact Fee Ordinance are <br />presented to you again for a first reading in order to make two minor but substantive <br />corrections to each ordinance, which were not identified by legal counsel until after the <br />Council presentation on September 10, 2007. <br /> <br />The corrections to the Quimby Implementation Act Ordinance are as follows: <br /> <br />1. Section 30.145(8) incorrectly states the site improvement costs as $432,670, <br />which lead to the incorrect statement of the cost per acre of land acquisition and <br />site improvements as $2,327,530. The site improvement costs correctly stated is <br />$32,670, and the total land acquisition cost and site improvement cost correctly <br />stated is $1,927,530. <br /> <br />2. Section 30.146(C) incorrectly states the amount of credit per 1 acre of land as <br />$2,327.530. The correct amount of credit granted at a rate of 1 acre of credit is <br />correctly stated as $1,927,530. <br /> <br />The corrections to the Park Impact Fee Ordinance are as follows: <br /> <br />1. Section 18.265 did not include that a Development, subject to both the land <br />dedication requirement and impact fee requirement, shall not only be exempt <br />from the portion of the Impact Fee for the acquisition of land costs, but shall also <br />be exempt from the portion of the Impact Fee for the site improvement costs. <br /> <br />2. Section 4 discusses the Initial Rate for the Impact Fee and sets that Initial Rate <br />at 50%. When discussing the component parts of the Initial Rate that comprise <br />the parkland dedication requirement discussed in Section 18.265, the wrong <br />component costs (site improvement costs and park improvement costs) per acre <br />are referenced, resulting in the wrong percentage of 17.2% being stated as the <br />percentage of the Impact Fee that represents the parkland dedication <br />requirement. The correct component costs to be referenced are the land <br />