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01/2812019 <br />Parks Impact Fee section of the Fees Report; and <br />D. The approximate date on which the funding is expected to be <br />deposited into the appropriate fund is listed in Table H, at the end of <br />the Parks Impact Fee section of the Fees Report. <br />3. Affordable Housing Impact Fee Findings. With respect to the <br />unexpended Affordable Housing Impact Fee funds as of June 30, 2018, this <br />Council hereby finds, determines, and declares, in compliance with <br />California Government Code Section 66001 (d)(1)(A through D): <br />A. The purpose of the Affordable Housing Impact Fee is to (1) enhance <br />the public welfare by imposing a residential and nonresidential <br />development project housing impact fee whereby developers of <br />residential and nonresidential development projects will mitigate the <br />impacts of their projects on the need for affordable housing by <br />contributing to the supply of housing for households with very low, low, <br />and moderate incomes; and (2) implement the Housing Element by <br />creating a mechanism to provide benefits to the community from new <br />development in the form of affordable housing, thereby helping to meet <br />the needs of all socioeconomic elements of the community as provided <br />in the Housing Element; <br />B. The reasonable relationship between the Affordable Housing Fee and <br />the purpose for which it is charged was developed starting in October <br />2014. At its October 24, 2014 meeting, the City Council adopted its <br />2015-2023 Housing Element which contemplates, among other <br />Page 5 of 7 <br />ATTY/RESO.0005/CC RESO FY 17-18 DEVELOPMENT FEES RESO. NO. 15734 <br />REV: 01-18-19 DZ MUFF NO. 301 <br />