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HomeMy WebLinkAboutRESO 9732DocuSign Envelope ID: 7D789F78-2354-4534-9E82-DC17308CBOE1 Resolution No. 9732 Resolution of the Council of the City of Palo_ Alto Making Findings Regarding Continuing Need for Unexpended Community Center Development Fees in the Amount of $822,873; Library Development Fees in the Amount of $537,983; and Park Development Fees in the Amount of $430,859. RECITALS A. Government Code Section 66001(d) requires the City to make certain findings with respect to development fees collected which remain unexpended or uncommitted five of more fiscal years after deposit of such fees; and B. As authorized under Chapter 16.58 of the Palo Alto Municipal Code, the City has collected a development fee known as the "Community Center Impact Fee" for the purpose of funding development and improvements to community centers; and C. The sum of $822,873, representing fees collected pursuant to Chapter 16.58 since January 2002, together with accrued interest thereon, remains unexpended five or . more years after deposit of the fees ("unexpended Community Center Impact development fees"); and D. As authorized under Chapter 16.58 of the Palo Alto Municipal Code, the City has collected a development fee known as the "Library Impact Fee" for the purpose of funding development and improvements to libraries; and E. The sum of $537,983, representing fees collected pursuant to Chapter 16.58 since January 2002, together with accrued interest thereon, remains unexpended five or more years after deposit of the fees ("the unexpended Library development fees"); F. As authorized under Chapter 16.58 of the Palo Alto Municipal Code, the City has collected a development fee known as the "Park Development Fee" for the purpose of funding acquisition of land and improvements for neighborhood and district parks; and G. The sum of $430,859, representing fees collected pursuant to Chapter 16.58 since January 2007, together with accrued interest thereon, remains unexpended five or more years after deposit of the fees ("the unexpended Park Development fees"). The Council of the City of Palo Alto RESOLVES as follows: SECTION 1. The Council makes the following findings: Community Center Fees 1 016 Yang\2017-12-05 RESO Unspent Impact Fees DocuSign Envelope ID: 7D789F78-2354-4534-9E82-DC17308C80E1 1. The Community Center fees were collected pursuant to Chapter 16.58 of the Palo Alto Municipal Code, to be used for the purpose of funding construction of community centers. 2. The unexpended Community Center fees in the amount of $822,873 are intended to be used to fund projects related to the new Junior Museum and Zoo (JMZ) including increased access for pedestrian and bicycles, parking improvements, and exhibits. 3. These funds have not been expended to date because an expenditure plan for the new JMZ is still being finalized, including partnerships with non-profit organizations with established alliances with the JMZ. A transfer of funds is anticipated by the end of Fiscal Year ("FY") 2021. 4. The need for the improvements for which the Community Center fees were collected was identified in an Environmental Impact Report ("EIR") certified by the City Council on January 13, 1986. 5. The Community Center fees continue to be required in order to fund the improvements specified in Chapter 16.58 and in this resolution. 6. Based on the foregoing, a continuing need for the Community Center fees has been demonstrated. Library Fees 7. The Library fees were collected pursuant to Chapter 16.58 of the Palo Alto Municipal Code, to be used solely for the purpose of funding the development of libraries. 8. The City plans to spend the unexpended Library fees in the amount of $537,983 to fund new self-service library machines that can be placed in locations that the library does not currently serve, as well as higher-capacity book processing machines to facilitate book returns and sorting. This development may include the expansion of prir:it and electronic materials. 9. These funds have not been expended to date because the library is evaluating new technologies and developing a plan for effective deployment of these resources. A transfer of funds is anticipated by the end of FY 2019. 10. The need for the improvements for which the Library fees were collected was identified in an EIR certified by the City Council on January 13, 1986. 11. The Library fees continue to be required in order to fund the improvements specified in Chapter 16.58 and in this resolution. 2 016 Yang\2017-12-05 RESO Unspent Impact Fees DocuSign Envelope ID: 70789F78-2354-4534-9E82-DC17308C80E1 12. Based on the foregoing, a continuing need for the Library fees has been demonstrated. Park Development Fees 13. The Park Development fees were collected purs.uant to Chapter 16.58 of the Palo Alto Municipal Code to be used for the purpose of developing neighborhood or district parks in underserved communities. 14. The unexpended Parkland Development fees in the amount of $430,859 are intended to be used to fund priority Capital Improvement Projects that expand the capacity of existing neighborhood and district parks, including installation of bathrooms, field improvements, trail expansion, dog parks, and parking improvements, as identified in the FY 2018 Adopted Capital budget. A transfer of funds is anticipated by the end of FY 2020. 15. The fees continue to be required in order to fund the improvements specified in Chapter 16.58 and in this resolution. 16. Based on the foregoing, a continuing need for the Park Dedication fees has been demonstrated. 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