HomeMy WebLinkAboutStaff Report dev feesCITY OF PALO ALTO
Memorandum
December 20, 2010
TO: CITY COUNCIL
SUBJECT: Annual Status Report on Developers' Fees
The above-referenced memo was distributed in the December 13,2010 packet without attachments.
We are repacketing it December 20, 20] 0 with all attachments.
LALOPEREZ
Director of Administrative Services
Department
CITY OF P ALO ALTO
Memorandum
December 13,2010
TO: City Council
SUBJECT: Annual Status Report on Developers' Fees
The Annual Status Report on Developers' Fees provides specific information about development
impact fees imposed by the City. The schedule prepared in accordance with Government Code
Section 66006 (ABI600) must be made available to the public at least 15 days before the
Council meeting at which it is considered and within 180 days of the close of the fiscal year.
Since the report is scheduled on the City Council Agenda of January 10, 20 II, it is being
included in this eirrly packet to allow time for public review. Additional infomlation will be
available in the January 10,2011 report.
DirectQJ:,..~ministrative Services
cc: Homebuilders Association
S:ASDIDEBRNACCOUNTING/developer fee early packet memo
Exhibit A
City of Palo Alto
Annual Report on Developers' Fees
for Period Ending June 30, 2010
I Stanford Research Parkl I San Antonio/West
FUND EI Camino Fund Bayshore Fund
Purpose and Authority
for Colleclion
Amount of the Fee
I Fund Balance July 1, 2009
iActtvltv in 2009-10
Revenues
Fees Collected
Interest Earnings
Unrealized Galnlloss Investments
Transfer In from Gas Tax Fund
Transfer In from CIP Fund
Total Revenues
Expenditures
Other
CharleslonlArastradero Corridor
Improvements
(Pl-05002)
Total Expenditures
Ending Balance June 30, 2010
Net Funds Available
Traffic impact fees imposed on new
nonresidential development in the
Slanford Research Parl<lEI Camino
Real CS zone 10 fund Improvements
at eight identified intersections
PAMC Ch. 16.45
$10.38 per square foot
$2,511,906
USE OF FEES;
o
96,593
60,406
$156,999
o
o
o
$2,668,906
$2,668,906
No expanditures have been made from
this fund in Fiscal Year 2010. Fees are
planned to be used for Gunn High School
entrance near Foothill! Araslradero.
Page 1 of 8
TraffiC impact fees imposed on new
nonresidential development in the
San Antonio/West Bayshore Areas
to fund capacity improvements at
four identified intersections.
PAMC Ch. 16.46
$2.14 par square foot
USE OF FEES;
$724,21
No expenditures have been made from this
fund in Fiscal Year 2010. Fees are ptanned
to be used for specific traffic Improvements
in the Charleston/San Antonio Road area,
but have been delayed by a related project
be constructed by the State Department of
Transportation.
121912010
FUND
purpose and AuthOnty
for Collection
01 the Fee
Fund Balance July 1, 2009
Other Revenue from Other Agencies
Interest Earnings
Unrealized Gain/Loss Investments
From State of California
Revenues
Purchase of 801 Alma property
Consultant Fees
IElldlnaBalance June 30, 2010
Commitments/Appropriations
unrealized gain on
l,nvE •• tments
Funds Available
Exhibit A
City of Palo Alto
Annual Report on Developers' Fees
for Period Ending June 30, 2010
Fees imposed on large commercial
and industrial development to
contribute to programs that increase
the City's low income and moderate
income housing stock.
PAMC Ch.16.47
$17.59 per square foot
$1.673.817
USE OF FEES;
3,962
63,865
(4.090)
o
63,737
o
o
o
$1,737,554
o
(82.022)
$1,655,532
No expenditure 01 funds have been made
from this fund in Fiscal Year 2010.
Page 2 018
Fees coIlecied from non-residential
development within the University Ave.
Parking Assessment District In lieu 01
providing the required number of
parking spacas.
PAMC Ch 16.57
$64,272 per space
USE OF FEES:
(5,
$97
No expenditure of funds have been made
from this fund in Fiscal Year 2010.
12/912010
,
FUND
/t-'Ltrp()Se and Authority
Collection
I ArrloUl1t of the Fee
Fund Balance July 1, 2009
Revenues
Fees Collected
. Interest Earnings
Unrealized GainlLoss
Transfer In from CIP Fund
Revenues
IOI,er,atirlg Transfer to Capital Projects
Expenditures
IEn,din,a Balance June 30, 2010
Commitments/Aopropriations Re"e,,'. tor unrealIZed gain on
Funds Available
ExhlbllA
City of Palo Alto
Annual Report on Developers' Fees
for Period Ending June 30, 2010
Resldentlal & Non-Residential Housing
Community Facilities
Parks
Fees imposed on new residential and
non-residential development approved
after Jan 28, 2002 for Parks,
PAMC Ch. 16,58
Residential: Single family
$9,971Iresidence (or $14,890lresidence
larger than ~,ooo sq ft); Muttifamily
$8,527Iunil (or $3,300lunit smaller than or
equal to'900 sq ft)
Nonresidential: Commercial/industrial
$4,234 per 1,000 sq ft; HotellMotel
$1,915,00 per 1,000 sq ft
USE OF FEES:
$2,069,660
351,543
67,907
24,887
249,098
$713,415
o
$2,803,275
(116,198)
$2,687,078
No expenditure of funds have been made
from this Fund in Fiscal: Year 2010,
ReSidential & Non-ReSidential Housing
Page 3 of 8
i
Residential & Non-Residential Housing
Community Facilities
Community Centers
Fees imposed on new residential and
non-residential development approved
after Jan 28, 2002 for Community Centers.
PAMC Ch. 16.58
Residential: Single family $2,565fresidence
(or $3,8701residence larger than 3,000 sq ft);
Multifamily $1 ,700funit (or $858/unit smaller
than or equal to 900 sq ft)
Nonresidential: Commercialflndustrial
$239.00 per 1,000 sq ft; HoteVMotel $108,00
per 1,000 sq ft
$1.""'-'"''''
$1,41
USE OF FEES:
No expenditure of funds have been made
from this Fund in Fiscal Year 2010,
Residential Housing
121912010
!"nlou,n< of the Fee
Fund Balance July 1, 2009
Revenues
Fees Collected
Webster Wood In-Lieu Payment
Sale of High St property
Interest Earnings
Unrealized Gain/Loss Investments
Revenues
Expenditures
Housing Program Expense
Allowance for Uncollectible Notes
Principal Retired
Total Expenditures
Ending Balance JUIlI! 30, 2010
Other Com!l1itments/APpropriaUons
I R~9serve lor unrealized gain on
Noles Receivable include
for 3053 Emerson, $1,300,000
House Apts, $934,740 for oak
, for Sheridan APts and
for Palo Alto Gardens.
Funds Available
Exhibit A
City of Palo Alto
Annual Report on Developers' Fees
for Period Ending June 30,.2010
-. .." . , , ' ,j ;~: ' " ; -', ,,"
i on new residential and
non-residential development approved
after Jan 28, 2002 for Libraries.
PAMC Ch. 16.58
Residential: Single family $902lresidence
(or $1,344/residenoe larger than 3,000 sq
ft); Multifamily $S39/unit (or $2961unll
smaller than or equal to 900 sq It)
Nonresidential: Commerciallindustrial
$228.00 per 1,000 sq ft; HoteUMotel
$96.00 per 1,000 sq ft
USE OF FEES:
Page 4 of 8
$439,897
55,708
17,565
6,558
$79,830
o
o
$519,727
(22,214)
$497,512
In-Lieu Fund
I
: '_'''.'!>,I~<R~, ""{\"*~'"'t <t" t ," )X~ ...... ' ',_.",~ c. "
Fees collected from residential
developments of three or more units in
lieu of providing the required below
market rate unit(s) to low and moderate
income households.
PA Comprehensive Plan and
PAMC Chapter 18
Varies
USE OF FEES:
$4,563,766
1,899,836
16,250
o
128,92
21,635
$2,066,647
(255,000)
o
(113,111)
(368,111)
$8,262,302
(35,000)
(111,071)
(3,356,967)
$2,759,2
121912010
Exhibit A
City of Palo Alto
Annual Report on Developers' Fees
for Period Ending June 30, 2010
No expendilure of funds have been made
from this Fund in Fiscal Year 2010.
Page 5 of 8
Expenditures in Fiscal Year 2010 include
$155,000 to Palo Alto Housing Corp for BMR
fees, $113,111 for Oak Manor Apts loan
forgiveness, and $100,000 to Housing Trust
of SC County for affordable housing.
12/9/2010
FUND
purpose and Authority
for Collection
Amount of the Fee
Fund Balance July 1, 2009
M!ivltv In 2009·10 .
Revenues
Fees Cotlected
tnterest Earnings
Unrealized Gain/Loss Investments
Total Revenues
Expenditures
Operating Transfer 10 Capital Projects
Fund
Total Expenditures
Ending Balance June 30, 2010
Other Commitments/Reappropriations
Reserve for unrealized gain on
investments
Net Funds Available
Exhibit A
City of Palo Alto
Annual Report on Developers' Fees
for Period Ending June 30, 2010
Parkland Dedication Charleston-Arastradero Corridor
Pedestrian and BIcyclist Safety
;:::t:,;;:; ',P':i:~; ,;';~, -,,,"};o--:,},~~~: ;J:.:::i,:t::~''f:-l",,'!:X<;';;}:\)Jl>;:>!;:-:~'dt;:'_:;';::':·;' '.;+;:V.(;,' ,\J; :'t:-:):' ',t '~~ \:~.: ,::. .'.!; ~ ~;.! ~ .:-,~, ;:1:'? ~('iY' : 'J: ift>;.:\: !:J,::;i;: < ::}
Fees on parkland dedication imposed Fees collected from new development arid·
on new residential and non-residential re-development within the Charleston-
development Arastradero Corridor to provide for pedest
Gov! Code Sec,66477 (Quimby Act)
Varies
USE OF FEES:
$296,038
o
11,375
4,537
$16,912
o
o
$311,950
. (13,670)
$298,280
No expenditure of funds have been made
from this Fund in Fiscal Year 20m
, ",".,1:
Page 6 of 8
rian and bicyclist safety improvements
PAMC Ch 16.60
Residential: $1,045.11 per unit; Commercial:
$0,31 per sq ft
USE OF FEES:
$466,721
80,023
17,129
5,253
$102,405
(81,900)
(81,900)
$487,226
(22,214)
Budgeted transfers in the amount of $81,900
were made the the Capital ImpIovement
Fund in Fiscal Year 2010 for the Corridor
Plan (PL·05002).
121912010
FUND
Purpose and Authority for Collection
Amount of the Fee
Fund Balance July 1, 2009
Activity in 2009·10
Revenues
Fees Collected
Interest Earnings
Unrealized Gain/Loss Investments
Total Revenues
Expenditures
Fund
Operating Transfer to BMR Fund
Principal Retired
Total Expenditures
Ending Balance June 30, 2010
Other CommitmentsiReappropriaUons
Reserve for unrealized gain on
investments
Net Funds Available
Exhibit A
City of Palo Alto
Annual Report on Developers' Fees
lor Period Ending June 30, 2010
Transportation impact fees imposed on
new development In !he Stanford
Research Park to fund congestion
reduction projects.
PAMC Ch. 16.59
Varies
USE OF FEES:
$123,219
46,953
6,154
4,226
$57,333
o
o
$180,552
(6,835)
$173,717
No expenditure of funds have been made
from this Fund in Fiscal Year 2010
Page 7 018 1219/2010
AlllOUlll of the Fee
Capacity Fees Collected
Water
Wastewater Collection
Total
Exhibit A
City of Palo Alto
Annual Report on Developers' Fees
f6r Period Ending June 30, 2010
(INFORMATION ONLy)
Water and Wastewater Collection
Capacity fees charged to developers that
are adding load to the water end sewer
systems effective July 1, 2005.
California Government Code Sect 66000
Water Domestic: 518 In., 314 In. $3,600, 1
In. $6,750, 1112 In. $13,500, 2 in.
$27,000,3 in. by est. $90IFU ,4 In. by est.
$901FU , 6 In. by est $901FU Water Fire
Service: 2 In. $750, 4 In. $9,000, 6 In.
$22,530,8 In. $43,080, lOin. $69,510
Sewer: 4 In. $7,500 first 50 FU, $l50IFU
addilional, 6 in. by est. $150IFU, 8 in. by
est. $1501FU
FU Is fixture unit
USE OF FEES:
$436,080
38,750
$474,830
The fees are used exclusively for water
and sewer system Improvements
Page 8 Of 8 121912010