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HomeMy WebLinkAboutAGENDA REPORT 1999 0120 CC REG ITEM 10QITEM 10AWke CITY OF MOORPARK, CALIFORNIA City Council Meeting of I a MOORPARK CITY COUNCIL ACTION: An�r��l��� AGENDA REPORT BY: TZIL, TO: Honorable City Council FROM: John E. Nowak, Assistant City Manager :�Et/0 DATE: 06 January 1999 (Council Meeting of 01- 20 -99) SUBJECT: Consider the FY 1997 -98 Section 66006 Report. BACKGROUND: Section 66006 of the California Government Code requires cities to give an annual accounting of all funds derived from developer fees. The report is received by the City Council and provided for public information. DISCUSSION: Pursuant to Section 66006 of the California Government Code, the City has prepared a report on all funds with revenues derived from developer fees. A total of eight (8) funds are reported. For each fund the following information is provided for fiscal year 1997/98: 1. Brief description of the type of fee 2. Amount of the fee 3. Beginning and ending balance 4. Amount of fee collected and interest earned 5. Public improvements on which the funds were expended 6. Approximate date for start of certain public improvements 7. Description of interfund transfers or loans 8. Amount of refunds issued. The report was made available to the public on December 31, 1998. Section 66006 Report 600168 Meeting of 20 January 1999 Page 02 STAFF RECOMMENDATION: That the City Council receive and file the Section 66006 report for Fiscal Year 1997/98. Attached: Section 66006 Report GO01Cy City of Moorpark, California Accounting of Fund Information as Required by Section 66006 of the California Government Code for Fiscal Year 1997/1998 Made Available to the Public on: December 31, 1998 (Revisions made on January 14, 1999) Scheduled for Public Review at the City Council Meeting of January 20, 1999 0001170 Introduction In compliance with Section 66006 of the California Government Code (the Code), the City of Moorpark is required to provide a separate accounting for those funds that are derived from developer "Fees" and the proceeds of such fees are used to provide "Public Facilities." The Code provides the following definitions: Fee: " . . . A monetary exaction other than a tax or special assessment, whether established for a broad class of projects by legislation of general applicability or imposed on a specific project on an ad hoc basis, that is charged by a local agency to the applicant in connection with approval of a development project for the purpose of defraying all or a portion of the cost of public facilities related to the development project ..." Public Facilities: "... includes public improvements, public services and community amenities..." Additionally, the Code requires the following information be reported for each fund holding such fees: (1) A brief description of the type of fee in the account or fund; (2) The amount of the fee; (3) The beginning and ending balance of the account or fund; (4) The amount of fees collected and interest earned; (5) An identification of each public improvement on which fees were expended and the amount of the expenditure on each improvement, including the total percentage of the cost of the public improvement that was funded with fees; (6) An identification of and approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement and the public improvement remains incomplete; (7) A description of each interfund transfer or loan made for the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account will receive on the loan; and (8) The amount of refunds made pursuant to subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) of Section 66001 (of the Code). The following pages provide the information required by the Code for each fund holding developer fees that defray all or a portion of the cost of public facilities related to development projects. 000171 Fund 201 — Traffic Systems Management Fund " This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1997/98. OOOJL 72 Item Description Response (1) A brief description of the type of fee in the Fees based on the air quality impacts of development. account or fund (2) The amount of the fee The fee is calculated based on the Ventura County Air Pollution Control District's guidelines. (3) The beginning and ending balance of the Beginning Balance (07/01/97): $ 945,146 account or fund Ending Balance (06/30/98): $ 1,058,310 (4) The amount of the fees collected and the Amount of Fees Collected: $ 62,664 interest earned Interest Earned: $ 52,070 (5) An identification of each public improvement on Arroyo Vista Bike Path (8003): $ 1,570 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 1,570 the expenditures on each improvement in FY % of project funded by fees: 100.00% 97/98, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Arroyo Vista Bike Path (8003): $ 1,570 public improvement on which the transferred or loaned fees will be expended, and in the case Interfund Loans: $ - of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) I Additional Comments: I None J " This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1997/98. OOOJL 72 Fund 202 — Citywide Traffic Mitigation Fund OOOJL 73 Item Description Response (1) A brief description of the type of fee in the Fees to fund mitigation measures for increased traffic account or fund flows generated by developments within the City (2) The amount of the fee Negotiated with developers based upon the estimated impact of development on traffic flow within the City (3) The beginning and ending balance of the Beginning Balance (07101/97): $ 937,115 account or fund Ending Balance (06/30198): $ 1,077,751 (4) The amount of the fees collected and the Amount of Fees Collected: $ 87,329 interest earned Interest Earned: $ 53,307 (5) An identification of each public improvement on No fees expended in Fiscal Year 1997/1998. which fees were expended and the amount of the expenditures on each improvement in FY 97/98, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or Interfund Loans: $ - loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: I None OOOJL 73 Fund 205 — Crossing Guard Fund 000IL74 Item Description Response (1) A brief description of the type of fee in the Fees for the provision of crossing guards at specific account or fund locations. (2) The amount of the fee Negotiated with developers in areas where development would impact pedestrian routes to and from schools within the City. (3) The beginning and ending balance of the Beginning Balance (07/01/97): $ 124,204 account or fund Ending Balance (06/30/98): $ 114,386 (4) The amount of the fees collected and the Amount of Fees Collected: $ - interest earned Interest Earned: $ 6,387 (5) An identification of each public improvement on Crossing Guard Expenses: $ 16,205 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 48,614 the expenditures on each improvement in FY 97/98, including the total percentage of the cost % of project funded by fees: 33.33% of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Crossing Guard Expenses $ 16,205 public improvement on which the transferred or loaned fees will be expended, and in the case Interfund Loans: $ - of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: I None 000IL74 Fund 211.900 — Tierra Rejada Road /Spring Road Area of Contribution Fund * This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1997/98. 000IL75 Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific account or fund project areas (see Appendix A). (2) The amount of the fee $ 3,553 /residential unit $19,892 /commercial acre (3) The beginning and ending balance of the Beginning Balance (07/01/97): $ 1,066,625 account or fund Ending Balance (06/30/98): $ 1,023,849 (4) The amount of the fees collected and the Amount of Fees Collected: $ 17,765 interest earned Interest Earned: $ 56,262 (5) An identification of each public improvement on AV Pedestrian Bridge (8002): $ 67,479 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 202,458 * the expenditures on each improvement in FY % of project funded by fees: 33.33% 97/98, including the total percentage of the cost of the public improvement that was funded with Spring Road Bridge (8017): $ 39,005 fees TOTAL COST OF PROJECT: $ 39,005 * % of project funded by fees: 100.00% Moorpark/Tierra Rejada Intersection Improvements (8039): $ 8,464 TOTAL COST OF PROJECT: $ 8,464 % of project funded by fees: 100.00% WATT Annexation (8057): $ 1,855 TOTAL COST OF PROJECT: $ 1,855 % of project funded by fees: 100.00% (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the AV Pedestrian Bridge (8002): $ 67,479 public improvement on which the transferred or Spring Road Bridge (8017): $ 39,005 loaned fees will be expended, and in the case Moorpark/Tierra Rejada of an interfund loan, the date on which the loan Intersection Improvements (8039): $ 8,464 will be repaid, and the rate of interest that the WATT Annexation (8057): $ 1,855 account or fund will receive on the loan Interfund Loans: $ - (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: I None * This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1997/98. 000IL75 Fund 211.901 — Los Angeles Avenue Area of Contribution Fund 000176 Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific account or fund project areas (see Appendix A). (2) The amount of the fee $ 2,772 /residential unit $15,519 /commercial acre (3) The beginning and ending balance of the Beginning Balance (07/01/97): $ 7,461,797 account or fund Ending Balance (06/30/98): $ 7,841,057 (4) The amount of the fees collected and the Amount of Fees Collected: $ 155,965 interest earned Interest Earned: $ 397,127 Transfers In: $ 897 Other Additions: $ 7,101 (5) An identification of each public improvement on AV Pedestrian Bridge (8002): $ 134,979 * which fees were expended and the amount of TOTAL COST OF PROJECT: $ 202,458 the expenditures on each improvement in FY % of project funded by fees: 66.67% 97/98, including the total percentage of the cost of the public improvement that was funded with E. L.A. Ave. Widening (8008): $ 30,785 * fees TOTAL COST OF PROJECT: $ 30,785 % of project funded by fees: 100.00% New L.A. Ave. Widening (8009): $ 17 * TOTAL COST OF PROJECT: $ 17 % of project funded by fees: 100.00% New L.A. Ave. Bridge (8012): $ 12,898 * TOTAL COST OF PROJECT: $ 12,898 % of project funded by fees: 100.00% Poindexter Turn Lane (8015): $ 1,151 * TOTAL COST OF PROJECT: $ 1,151 % of project funded by fees: 100.00% L.A. Ave. /Maureen Ln. (8050): $ 2,000 TOTAL COST OF PROJECT: $ 2,000 % of project funded by fees: 100.00% (6) An identification of an approximate date by Several projects mentioned above are the beginnings which the construction of the public of multi - million dollar proposed construction projects improvement will commence if the local agency along the L.A. Avenue corridor. Construction would determines that sufficient funds have been begin after pre- construction activities are completed collected to complete public improvement and (i.e. design, engineering, right -of -way acquisition, the public improvement remains incomplete etc.). 000176 Item Description Response (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the AV Pedestrian Bridge (8002): $ 134,979 public improvement on which the transferred or E. L.A. Ave. Widening (8008): $ 30,785 loaned fees will be expended, and in the case New L.A. Ave. Widening (8009): $ 17 of an interfund loan, the date on which the loan New L.A. Ave. Bridge (8012): $ 12,898 will be repaid, and the rate of interest that the Poindexter Turn Lane (8015): $ 1,151 account or fund will receive on the loan L.A. Ave. /Maureen Ln. (8050): $ 2,000 Interfund Loans: AD 92 -1 Improvements: $ 42,461 AD 92 -1 Assessment Advances: $ 966,719 See notes below for information regarding the loan and advances. (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments Date of Repayment: Not Specified Interest Rate of Loan: 0.00% This loan was made to complete certain engineering tasks for AD 92 -1. The repayment will occur at the time when AD 92 -1 has sufficient funds to repay the AOC. The Assessment Advances were made to certain property owners within the AD and the LA Ave. AOC. These sums accrue interest at the Local Agency Investment Fund rate and are payable upon issuance of a building permit of $1,000 or the expiration of 30 years from the date of the note (Notes were issued in 1993). * This is a project that has been or will be funded for more than one (1) year. The total cost of the project identified represents the expenditure in Fiscal Year 1997/98. 600177 Fund 211.902 — Casey Road /Gabbert Road Area of Contribution Fund 000178 Item Description Response (1) A brief description of the type of fee in the Fees for street and related improvements to specific account or fund project areas (see Appendix A). (2) The amount of the fee $ 1,560 /residential unit $ 4,940 /commercial acre (3) The beginning and ending balance of the Beginning Balance (07/01/97): $ 48,675 account or fund Ending Balance (06/30/98): $ 49,664 (4) The amount of the fees collected and the Amount of Fees Collected: $ 1,560 interest earned Interest Earned: $ 2,629 (5) An identification of each public improvement on Casey Rd. Widening Study (8060): $ 3,200 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 3,200 the expenditures on each improvement in FY % of project funded by fees: 100.00% 97/98, including the total percentage of the cost of the public improvement that was funded with (6) entification of an approximate date by Sufficient funds have not been collected to complete which the construction of the public financing on any project proposed for this fund. improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Casey Rd. Widening Study (8060): $ 3,200 public improvement on which the transferred or loaned fees will be expended, and in the case Interefund Loans: $ - of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: I None 000178 Fund 212 — Park Improvement Fund Item Description Response (1) A brief description of the type of fee in the Quimby fees (Developer payments in lieu of account or fund dedicating park land), fees on commercial, industrial, and multi - family developments, donations to the City, or revenue received from lease or sale of park land to be used for construction of parks. The City's Landscaping and Art in Public Places fees area are also in this fund. (2) The amount of the fee Park in lieu fee: A formula based on a dwelling unit factor (currently 3.22), the parkland dedication requirement (currently 5 acres /1,000 persons) and the fair market value per acre (varies per development) Tree and Landscaping Fee: $0.05 per square foot for commercial and industrial projects. Art in Public Places Fee: $0.10 per square foot for commercial and industrial projects. (3) The beginning and ending balance of the Beginning Balance (07/01/97): $ 487,374 account or fund Ending Balance (06/30/98): $ 894,174 (4) The amount of the fees collected and the Amount of Fees Collected: $ 369,511 interest earned Interest Earned: $ 59,027 (5) An identification of each public improvement on Park Improvements $ 21,738 which fees were expended and the amount of TOTAL COST OF PROJECT: $ 21,738 the expenditures on each improvement in FY 97/98, including the total percentage of the cost % of project funded by fees: 100.00% of the public improvement that was funded with fees (6) An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: made from the account or fund, including the Park Improvements $ 21,738 public improvement on which the transferred or loaned fees will be expended, and in the case Interfund Loans: $ - of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: None Fund 212 -754 — Library Facilities Fund 0001.80 Item Description Response (1) A brief description of the type of fee in the Fee on new development to meet the added library account or fund service demands within the City pursuant to City Ordinance Number 238. (2) The amount of the fee $460.56 /single- family dwelling unit $298.46 /multi- family dwelling unit $306.03 /mobil home $.10 /square foot of non - residential (3) The beginning and ending balance of the Beginning Balance (07/01/97): $ - account or fund Ending Balance (06/30/98): $ - (4) The amount of the fees collected and the Amount of Fees Collected: $ - interest earned Interest Earned: $ - (5) An identification of each public improvement on No fees expended in Fiscal Year 1997/1998. which fees were expended and the amount of the expenditures on each improvement in FY 97/98, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by Sufficient funds have not been collected to complete which the construction of the public financing on any project proposed for this fund. improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or Interfund Loans: $ - loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: I Fund was established during FY 97/98 :AI 0001.80 Fund 402 — Police Facilities Fund 0001,81, Item Description Response (1) A brief description of the type of fee in the A percentage of Building and Safety permits for account or fund construction of police facilities within the City pursuant to City Ordinance Number 206. (2) The amount of the fee (3) The beginning and ending balance of the Beginning Balance (07/01/97): $ 540,919 account or fund Ending Balance (06/30/98): $ 592,193 (4) The amount of the fees collected and the Amount of Fees Collected: $ 21,955 interest earned Interest Earned: $ 29,319 (5) An identification of each public improvement on No fees expended in Fiscal Year 1997/1998. which fees were expended and the amount of the expenditures on each improvement in FY 97/98, including the total percentage of the cost of the public improvement that was funded with fees (6) An identification of an approximate date by Sufficient funds have not been collected to complete which the construction of the public financing on any project proposed for this fund. improvement will commence if the local agency determines that sufficient funds have been collected to complete public improvement and the public improvement remains incomplete (7) A description of each interfund transfer or loan Interfund Transfers: $ - made from the account or fund, including the public improvement on which the transferred or Interfund Loans: $ - loaned fees will be expended, and in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive on the loan (8) The amount of refunds made pursuant to Refunds Made: $ - subdivision (e) of Section 66001 (of the Code) and any allocations pursuant to subdivision (f) Allocations Made: $ of Section 66001 (of the Code) Additional Comments: I None 0001,81, t