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<br />29 I Cily of Kedw()oll CiI.y <br /> <br />7A <br />Page 35 <br /> <br />Funding Strategies <br /> <br />FUNDING SOURCES <br /> <br />Introduction - Continued <br /> <br />Whih) many measllrc~s \\'('rt~ passed during the late <br />1 Dm)'s and early 1 nncrs, lhe measure Ihat has had <br />tl)(, most widespread impacl since Proposilion 13 <br />\\'as pas1wcl in 1 H!){) HS Proposition 218. This measure <br />acids ArLicles .xIIlC amI XIlID to lhe stale consLiluUoll. <br />Proposition 218 (jOf'S the following: <br /> <br />· Limits authority of local governments to impose <br />taxfS ann properLy-related assessments. <br />fees and chargp-s, requirt's that, a majority of <br />voters approve increases in general t.axes and <br />reiterates that two-thirds must appI'ove <br />CI special lax <br /> <br />· Requires that assessment.s. fees. and charges <br />Ihal aer imposed as a condition of land <br />O\vnersl1ip must bt) suhmitter] to properlY <br />()\\ners for approval or rejeclion. after noticf' <br />and puhlic hearing <br /> <br />· Limits Ihe amount of an assessmenl on <br />a properlY to the "special benefit" that is <br />conferl'ecl on the property <br /> <br />· Limits fees amI chat'ges to the cost of providing <br />the set'vice and establishp.s t.hal such fees <br />and charges may not be imposed fOl' genel'al <br />government.al services t.hat are generally <br />availahle lO the publiC <br /> <br />Potential Funding Sources <br /> <br />\0 slllgll\ financing suurce is likely tu pruvide all uf tile <br />rf'SOlll'ces I'r.quired to construct the fHcilities idp.ntified in t,hf' <br />Replacement F'acilit.ies Scoping SlUcly. Financing will require <br />a hknd of sources and techniques. The following section <br />idellLin~s potential findncing sources For tile City. <br /> <br />T H ( <br /> <br />SPOrts Management <br />..~' . 0 U P <br /> <br />DEVELOPMENT RELATED FINANCING <br /> <br />In response to Ihe fis('(ll c'hl-lngr's t.llar hogan with PI'O!lnslIlOn <br />13 rJp.scril1l'cf earlier, California cities generally tUl'I1e<J to <br />various forms of devcloprnenl.-relal,r,d financing t.o provide t.he <br />public improvement.s-such as streets, sewers. walet' sysl(~ms <br />and parks- that were require(1 to sel've new clevelopment.. <br />The two most. common t.echniques llsed hy cities to pt'oville <br />park improvements are ()uimhy Act c1e(licalions and fees and <br />Devp,lopment, Impact Pep,s, These techniques require a clear <br />r<'iationship. or nexus, lJet\\'een t.he new developmr.nt and <br />necessary pUllllc services. <br /> <br />Quimby Act Dedication and Pees <br /> <br />Section {Hi 4 77 of the GovernowllI Corle (known as t.he <br />Quimhy Act) grants cities and counties aut.hority to l'equil'e <br />lllt' dedication of pal'kland-or the payment of a fee in-lieu <br />thereof-by a new residential subdivision, The Qulmhy Act <br />allows a cit.y or county to rf.quire ~uch a dedicat.ion at the <br />parkland stanclar<1lhat was in effect at the lime of adoption <br />of the implementing ordinance to a maximum of 5.0 acres <br />per 1,000 resldenl populations, The City has a Quimby Act <br />ordinance in place, <br /> <br />Development Impact Fees (DIFs) <br /> <br />Tlwse are fees that art> paid by a developer at or near the <br />time of development. to pay for various pulllic improvements <br />t.hat are required to serve the new development. Such [eCR 81'(' <br />l'equired as conditions of approval of a proposed development <br />and are t'cquiredunder the city's pO\VP.I'S ovet' land use, <br /> <br />Section 60000 (et seq) of the California Government Code <br />estahlishes a demanding set of requirements fot' development <br />impacL fees. This section of the Government COdll (enacted <br />as AB 1 ()GO) I'equlres an agency that estahlishes. increases <br />or imposes a development, impact. fee as a condit.ion of <br />development approval to do the following: <br />