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HomeMy WebLinkAboutAGENDA REPORT 2014 1119 CCSA REG ITEM 08A ITEM 8.A. CITY OF MOORPARK,CALIFORNIA City Council Meotinx• MOORPARK CITY COUNCILY9—oto/' AGENDA REPORT AC .20,09 .- ® Y: A. TO: The Honorable City Council FROM: Dave Klotzle, City Engineer/Public Works Director Prepared by: John Brand, Senior Management Analyst DATE: November 7, 2014 (CC Meeting of 11-19-2014) SUBJECT: Consider Resolution Increasing the Los Angeles Avenue Area of Contribution Fee and Rescinding Resolution No. 2006-2445 BACKGROUND On November 5, 2014, the City Council set November 19, 2014, as the date of a public hearing to consider increasing the Los Angeles Avenue Area of Contribution (LA AOC) fee. Notice of the public hearing was posted and published in accordance with the requirements of the Government Code. Prior to the incorporation of the City, the County of Ventura created the LA AOC in order to provide a mechanism for future development within a certain specified geographical area, to finance specific transportation improvements. The LA AOC fee was last adjusted in March of 2006 by the adoption of Resolution No. 2006-2445 to the following amounts. • Residential (per dwelling unit) $ 7,807 • Commercial / Industrial (per acre) $43,717 DISCUSSION On November 5, 2014 the City Council was provided with a staff report detailing the updated improvement project costs, estimated future land development projects, LA AOC funds available, additional funds required, and a revised fee calculation, (Attachment 1). The revised LA AOC fee calculations along with the 2006 calculation are as follows: Description Revised Amount ($) 2006 Amount ($) % Increase Total Additional LA AOC Fees Required 19,840,138 19,477,659 Divided by the Total Number of EDUs 2,285 2,495 AOC Fee per Residential Unit 8,683 7,807 11.2 Multiplied by 5.6 5.6 - 5.6 AOC Fee per Commercial/Industrial Acre 48,624 43,717 11.2 1 Honorable City Council November 19, 2014 Page 2 If approved the proposed Resolution (Attachment 2) would adjust the LA AOC fee schedule as follows: • Residential (per dwelling unit) • Commercial/ Industrial (per acre) $ 8,683 $48,624 The changes reflect an 11.2% increase in the 2006 fee schedule. Any approved fee increase will not become effective until sixty (60) days after the date the action was taken to increase the fee, or January 18, 2015. Notice of this public hearing has been posted and published as required by the Government Code. Information pertaining to this proposed fee increase, the attached Resolution and the public hearing notice has been provided to the Building Industry Association (BIA). STAFF RECOMMENDATION ROLL CALL VOTE 1. Open the public hearing, take public testimony, and close the public hearing. 2. Adopt Resolution No. 2014-, revising and reenacting the schedule of fees for the Los Angeles Avenue AOC and rescinding Resolution 2006-2445. Attachments: 1 -November 5, 2014, City Council Agenda Report 2 -Draft Resolution 2 TO: FROM: DATE: SUBJECT: BACKGROUND Attachment 1 MOORPARK CITY COUNCIL AGENDA REPORT Honorable City Council ~l Dave Klotzle, City Engineer/Public Works Director Prepared by: John Brand, Senior Management Ana y t October 24, 2014 (CC Meeting of 11/05/2014) Consider Scheduling a Public Hearing for Los Angeles Avenue Area of Contribution Fee Revisions The Los Angeles Avenue Area of Contribution (LA AOC) fees were originally established by the County of Ventura prior to the incorporation of the City. The purpose of these fees is to provide mechanisms for future development projects, within specified geographical areas, to finance specific transportation improvements. The LA AOC fee was last adjusted in March of 2006. Certain changes in the scope and cost of projects funded by this source make it necessary to recommend an adjustment to the fee amounts. The Government Code Section 66018 requires that a public hearing be held prior to the adoption of a new development fee or an increase to any existing development fee. It is recommended that a public hearing be held on November 19, 2014 to consider an adjustment to the LA AOC fees. In preparation for the proposed public hearing, compliance with the public meeting and notice requirements of Government Code Section 66016 will be met. The recommended L A AOC fee adjustments will be provided to the Building Industry Association (BIA) and to any other interested parties prior to the public hearing. Any fee increase approved by the City Council will not become effective until sixty (60) days after the date the action was taken to increase the fee. DISCUSSION The LA AOC fees were previously adjusted in March of 2006 to the amounts shown below. LA AOC Fee Residential (per dwelling unit) Commercial/Industrial (per acre) 2006 $7,807 $43,717 3 Honorable City Council November 5, 2014 Page 2 A. Fee Requirements and Project Cost Estimates As with prior LA AOC fee adjustments, this adjustment is proposed for the purpose of establishing a fee amount sufficient to fund (in the amounts specified herein) certain identified projects. The costs for project design, construction and inspection have risen since the 2006 LA AOC fee adjustment. Several of the projects require additional right- of-way, as well as review and permitting by Caltrans, all of which has historically added significant cost and delays to those projects. The updated project cost estimates are set forth in Attachment 1. The revised project cost requirements total $33,578,870. The cost estimates used in the prior 2006 fee adjustment are shown as well. The cost increases are based on more recent information about project needs and requirements where known. For projects without current cost estimates, the 2006 costs were increased by 24% based on the Engineering News Record (ENR) Construction Cost Index for the period between 2006 and 2014. This is the Index the City uses to determine grading, road and storm drain construction cost estimates and fees for land development projects. For comparison purposes, the Consumer Price Index increased 17%, and the Caltrans Construction Price Index increased 4.8% over the same period. The Caltrans Index is based solely on contract costs of Caltrans projects only, where the ENR Index is based on the cost of labor, equipment and materials of a wider range of representative private and public projects. B. Estimated Future Land Development Projects Attachment 2 is a chart listing all of the future land development projects that are subject to the LA AOC fee, along with an estimate of the· number of dwelling units or acres proposed by each project. The fees established by the Los Angeles Avenue AOC provided for a conversion factor of 5.6 dwelling units per acre to compute the per acre fee for commercial and industrial properties. Based on the total number of dwelling units or acres set forth in Attachment 2, the resultant total number of EDU (equivalent dwelling units) required for the calculation of revised fees is shown below. Description Total Acres Commercial/ Industrial Multiplied by the Conversion Factor Number of EDUs for Comm. I Ind. Property Plus the Number of Residential Units C. Development Agreement Caps Revised Number 2006 Number 83.02 169.50 5.6 5.6 465 949 1,820 1,546 Total EDUs 2,285 2,495 As noted under the table on page 1 of Attachment 2, there is one project, Essex, for which the LA AOC fee has been set at a given rate. The lots for that project are not included in the above calculations. The additional funding requirements used to 4 Honorable City Council November 5, 2014 Page 3 calculate the proposed revised fee (see Section E) does not include the LA AOC fees to be paid by Essex. D. LA AOC Funds Available A summary of the current funds available, and future anticipated receipts, for the LA AOC Fund 2501, is shown below. No provision has been made for future interest income as it is anticipated that any such interest income would be off-set by a comparable rise to the cost of engineering and construction as the result of inflation. The funds available from the prior fee adjustment are shown as well. Description Cash in Fund 2501 (8/31/14} Plus Receivables from: Tierra Rejada Road AOC Fund Loan Outstanding Notes and Interest Development Under Construction Current Amount($} 2006 Amount($) 11,698,843 9,226, 194 177,005 431,675 679,209 952,863 442,525 0 Total Funds Available 12,986,732 10,621,582 E. Additional Funds Required Based on the above figures, the future LA AOC fees required to construct all of the projects listed in Attachment 1 are calculated below. Description Total Estimated Cost of Project Construction Less Total Funds Available Total Additional Funds Required Less Development Agreement Revenue Funding Requirements Used for Fee Calculation F. Revised Fee Calculation Current Amount ($) 2006 Amount($) 33,578,870 30,099,241 (12,986,732) (10,621,582) 20,592, 138 19,477,659 (752,000) 0 19,840, 138 19,477,659 Based on the above information. the revised LA AOC fees are shown below. Description Total Additional LA AOC Fee.s Required Divided by the Total Number of EDUs AOC Fee per Residential Unit Multiplied by 5.6 AOC Fee per Commercial/Industrial Acre STAFF RECOMMENDATION Current Amount($) 2006 Amount($) % Increase 19,840, 138 19,477,659 2,285 2,495 8,683 7,807 11.2 5.6 5.6 48,624 43,717 11.2 Schedule a public hearing to consider an increase to the Los Angeles Avenue AOC fees on November 19. 2014. 5 10/23/14 Li s t of L A A O C Fu n d e d Pr o j e c t s C o m p a r i s o n o f P r i o r C o s t Es t i m a t e an d C u r r e n t C o s t Es t i m a t e 2006 Revised Ex p e n d i t u r e s Re m a i n i n g Co s t s To t a l Pr o j e c t Co s t Le s s Ot h e r Total Future Total Future Co d e Pr o j e c t Na m e to Da t e De s i g n R- 0 - W Co n s t . ln s p . 20 0 6 Es t Cu r r e n t Es t . So u r c e s AOC Cost AOC Cost 80 0 3 LA Av e at Be l t r a m o Pr o j e c t co m p l e t e d 74,222 80 0 4 LA Av e Si g n a l Sy n c Pr o j e c t co m p l e t e d 700,000 2 80 1 2 Pr i n c e t o n Av e . Wi d e n i n g ' 40 0 , 0 0 0 30 0 , 0 0 0 3, 8 0 0 , 0 0 0 6, 0 0 0 , 0 0 0 80 0 , 0 0 0 11 , 3 0 0 , 0 0 0 0 10,900,000 3, 0 0 0 , 0 0 0 30 0 , 0 0 0 1, 0 0 0 , 0 0 0 7, 4 0 0 , 0 0 0 90 0 , 0 0 0 12 , 6 0 0 , 0 0 0 1, 0 0 0 , 0 0 0 8,600,000 3 80 1 3 LA Av e . Wi d e n i n g - Sp r g to Mp k 2 82 5 , 0 0 0 47 5 , 0 0 0 1, 3 0 0 , 0 0 0 1, 7 0 0 , 0 0 0 20 0 , 0 0 0 4, 5 0 0 , 0 0 0 79 6 , 7 7 0 2,878,230 1, 2 0 0 , 0 0 0 70 0 , 0 0 0 1, 8 0 0 , 0 0 0 2, 1 0 0 , 0 0 0 30 0 , 0 0 0 6, 10 0 , 0 0 0 79 6 , 7 7 0 4, 103,230 4 80 2 6 Sp r i n g Rd . Wi d e n i n g & Me d i a n 22 0 , 0 0 0 10 0 , 0 0 0 33 0 , 0 0 0 1, 2 0 0 , 0 0 0 12 0 , 0 0 0 1, 9 7 0 , 0 0 0 0 1.750,000 40 0 , 0 0 0 12 5 , 0 0 0 15 0 , 0 0 0 1, 5 0 0 , 0 0 0 20 0 , 0 0 0 2, 3 7 5 , 0 0 0 0 1,975,000 5 80 3 3 LA / T R Pa r k w a y s Pr o j e c t co m p l e t e d 230,000 80 3 9 Ra i l Xl n g Sp r i n g Pr o j e c t co m p l e t e d 1.440,000 6 80 4 0 Mo o r p a r k Av e . Wi d e n Ca s e y - 3r d 3 15 6 , 7 0 8 84 3 , 2 9 2 4, 0 0 0 , 0 0 0 7, 0 0 0 , 0 0 0 40 0 , 0 0 0 12 , 4 0 0 , 0 0 0 8, 2 7 0 , 8 0 0 3,972,492 15 6 , 7 0 8 1, 2 5 0 , 0 0 0 4, 5 0 0 , 0 0 0 8, 7 5 0 , 0 0 0 80 0 , 0 0 0 15 , 4 5 6 , 7 0 8 7, 7 2 8 , 3 5 4 7,571,646 7 80 4 6 LA / T R Si g n a l Up g r a d e Pr o j e c t co m p l e t e d 196,000 8 80 4 7 LA Av e Me d i a n 0 20 0 , 0 0 0 0 2, 0 0 0 , 0 0 0 20 0 , 0 0 0 2, 4 0 0 , 0 0 0 0 2,400,000 21 0 , 0 0 0 19 0 , 0 0 0 0 3, 5 0 0 , 0 0 0 50 0 , 0 0 0 4, 4 0 0 , 0 0 0 4, 190,000 9 80 5 1 Un d e r g r o u n d Di s t No . 2 4 0 50 , 0 0 0 0 3, 0 0 0 , 0 0 0 50 , 0 0 0 3, 1 0 0 , 0 0 0 2, 5 0 0 , 0 0 0 600,000 0 75 , 0 0 0 0 3, 7 0 0 , 0 0 0 75 , 0 0 0 3, 8 5 0 , 0 0 0 2, 5 0 0 , 0 0 0 1,350,000 10 80 5 8 LA Av e Wi d e n - Ma u r e e n 0 0 0 0 0 0 0 0 to Le t a Ya n c y 10 0 , 0 0 0 0 0 1, 0 0 0 , 0 0 0 20 0 , 0 0 0 1, 3 0 0 , 0 0 0 0 1,200,000 11 80 6 6 LA Av e . Ut i l i t y Un d e r g r o u n d i n g 0 2, 0 0 0 0 29 5 , 0 0 0 3, 0 0 0 30 0 , 0 0 0 0 300.000 at Ar r o y o Br i d g e 15 , 0 0 0 15 , 0 0 0 0 40 0 , 0 0 0 50 , 0 0 0 48 0 , 0 0 0 0 465,000 O" I 12 13 14 ~ " - . . , " / Li s t of L A AO C Fu n d e d Pr o j e c t s Co m p a r i s o n of Pr i o r Co s t Es t i m a t e an d Cu r r e n t Co s t Es t i m a t e Ex p e n d i t u r e s Re m a i n i n g Co s t s To t a l Pr o j e c t Co s t Le s s Ot h e r Co d e Pr o j e c t Na m e to Da t e De s i g n R- 0 - W Co n s t . ln s p . 20 0 6 Es t . Cu r r e n t Es t . So u r c e s xx x x LA Av e . we s t of Ti e r r a Re j a d a Rd . 5 I 10 0 , 0 0 0 0 1, 0 0 0 , 0 0 0 10 0 . 0 0 0 I 1, 2 0 0 , 0 0 0 I 0 Th i s pr o j e c t is no lo n g e r in c l u d e d in th e LA AO C si n c e it wi l l be fu n d e d di r e c t l y by de v e l o p m e n t xx x x En g i n e e r i n g St u d i e s Re a l i g n Fi r s t St . & Po i n d e x t e r Av e . Re a l i g n Th i r d St . & La s s e n Av e . Re m o v e si g n a l an d le f t tu r n s at Pa r k La n e & L. A . Av e . Pe d e s t r i a n Br i d g e ov e r L. A . Av e . Ad d ' I la n e fr o m NB Pr i n c e t o n on t o 11 8 xx x x Dr a i n a g e Im p r o v e m e n t s No t e s Pr i o r Su b - t o t a l Re v i s e d Su b - T o t a l Ad m i n i s t r a t i o n (5 % ) A d m i n i s t r a t i o n (5 % ) 1 Pa r t i a l fu n d i n g by Fe d e r a l gr a n t 2 Pa r t i a l fu n d i n g by Fe d e r a l gr a n t 0 40 0 , 0 0 0 0 10 0 , 0 0 0 0 10 0 , 0 0 0 0 10 0 , 0 0 0 ~I 10 0 , 0 0 0 10 0 , 0 0 0 01 10 0 , 0 0 0 12 5 , 0 0 0 Pr i o r To t a l Pr o j e c t Re q u i r e m e n t s Re v i s e d To t a l Pr o j e c t Re q u i r e m e n t s 0 0 0 0 0 0 0 0 0 0 40 0 , 0 0 0 0 0 0 10 0 , 0 0 0 0 0 0 10 0 , 0 0 0 0 0 0 10 0 , 0 0 0 0 0 0 10 0 . 0 0 0 I 0 0 0 10 0 , 0 0 0 0 1, 4 5 0 , 0 0 0 75 , 0 0 0 1. 6 2 5 , 0 0 0 2, 0 2 5 . 0 0 0 I 0 1, 8 0 0 , 0 0 0 10 0 , 0 0 0 0 A m o u n t of In c r e a s e : Pe r c e n t In c r e a s e : 2006 Total Future AOC Cost 1,200,000 400,000 1,625,000 28,665,944 1,433,297 30,099,241 >>> >>> 3 Pr i o r fu n d i n g wa s 11 3 Fu n d 20 0 2 (T r a f f i c Mi t i g a t i o n ) 11 3 Fu n d 29 0 2 (M R A ) 11 3 LA AO C - fu t u r e fu n d i n g to be 11 2 Fu n d 20 0 2 (T r a f f i c Mi t i g a t i o n ) 112 LA AOC 4 Ot h e r fu n d i n g so u r c e s : Fu n d 23 3 0 (A D 9 2 - 1 ) - $4 2 6 , 4 4 7 ; Ru l e 20 A - $2 1 5 , 0 0 0 an d ot h e r so u r c e s to be de t e r m i n e d - $1 , 8 5 8 , 5 5 3 5 No im p r o v e m e n t s ar e cu r r e n t l y ne c e s s a r y . If de v e l o p m e n t oc c u r s we s t of Bu t t e r Cr e e k Rd . th e im p r o v e m e n t s wi l l be fu n d e d by th e de v e l o p m e n t . 10/23/14 Revised Total Future AOC Cost 100,000 100,000 100,000 100,000 100,000 2,025,000 31,979,876 1,598,994 33,578,870 3,479,629 11.6% At t a c h m e n t 2 (p . 1) LO S AN G E L E S AV E N U E AO C Su m m a r y of Fu t u r e La n d De v e l o p m e n t Pr o j e c t s Re s i d e n t i a l T5 1 3 0 T5 1 8 7 T5 4 0 5 T5 3 4 7 T5 4 6 3 T5 0 5 3 RP O 05 - 0 2 SP 1 T5 5 0 5 Mo o r p a r k 15 0 K. Ho v n a n i a n K. Ho v n a n i a n Bi r d s a l l To l l Br o s . Ma s t e r s Pa c i f i c Co m m u n i t i e s • Ch i u Hi t c h Ra n c h 5 M a n d Gr a n d Mo o r p a r k No r t h Hi l l s Vi l l a g e 7 Ra s m u s s e n 8 MR A Ev e r e t t St . 9 Mo o r p a r k RV Si t e 10 MR A Wa l n u t Ca n y o n Dr . In f i l l TO T A L Lo c a t i o n We s t of Wa l n u t Cy n Rd no r t h of Wi c k s Ro a d W/ s i d e of Wa l n u t Cy n Rd no r t h of Ca s e y Ro a d W/ s i d e of Wa l n u t Cy n Rd no r t h of Ca s e y Ro a d E/ s i d e of Wa l n u t Cy n Rd @ Ch a m p i o n s h i p Dr N/ s i d e of Ch a m p i o n s h i p Dr ea s t of Gr i m e s Cy n Rd S/ s i d e of Lo s An g e l e s Av e we s t of Le t a Ya n c y Rd E/ s i d e of Wa l n u t Cy n Rd @ Ev e r e t t St We s t of Mo o r p a r k Av e no r t h of Po i n d e x t e r We s t of Wa l n u t Cy n Rd no r t h of Ca s e y Ro a d N/ s i d e of Lo s An g e l e s Av e n u e ea s t of Sh a s t a Av e . W/ s i d e of Ga b b e r t Rd no r t h of Po i n d e x t e r W/ s i d e of Ga b b e r t Rd no r t h of Po i n d e x t e r Fo r m e r Fi r e St a t i o n We s t si d e of Sp r i n g Rd so u t h of Lo s An g e l e s Av e Wa l n u t Ca n y o n Dr i v e Va r i o u s St a t u s Ex p i r e d PD Ap p r o v e d Ap p r o v e d Ex p i r e d PD Ap p r o v e d Pr o p o s e d Pr o p o s e d Pr o p o s e d Pr o p o s e d Pr o p o s e d Pr o p o s e d Pr o p o s e d Po t e n t i a l Po t e n t i a l Po t e n t i a l Po t e n t i a l Pr o j e c t s wi t h LA AO C Fe e se t by De v e l o p m e n t Ag r e e m e n t th e r e f o r e no t in c l u d e d in th e up d a t e d fe e ca l c u l a t i o n RP O 20 1 2 - 0 2 Es s e x So u t h of Ca s e y Rd we s t of Mo o r p a r k Av e Ex p i r e d PD No t e s 1. Un i t s in pr o j e c t ar e ba s e d on nu m b e r al l o w e d un d e r cu r r e n t Ge n e r a l Pl a n Zo n i n g . To t a l Un i t s In Pr o j e c t 1 11 0 24 8 17 21 50 28 4 30 41 5 9 22 50 13 5 45 12 12 13 4 3 20 0 2. Th e un i t s su b j e c t to AO C fe e s is th e mo s t re a l i s t i c es t i m a t e of un i t s t. h a t ma y be co m p l e t e d be f o r e th e AO C fe e Is up d a t e d ag a i n . Th e nu m b e r s li s t e d ar e es t i m a t e s on l y an d do no t in d i c a t e an ap p r o v e d en t i t l e m e n t ac t i o n . 3. Ge n e r a l Pl a n Am e n d m e n t wo u l d be re q u i r e d fo r hi g h e r nu m b e r of un i t s . Un i t s Su b j e c t to AO C 2 11 0 18 3 17 21 50 28 3 30 58 5 30 0 22 25 81 20 69 12 12 18 2 0 20 0 4. Th e un i t s su b j e c t to AO C is th e av e r a g e of th e cu r r e n t zo n i n g nu m b e r an d th e ma x . po s s i b l e un i t s le s s 87 un i t s th a t we r e pa i d fo r in 20 0 1 . 5. Th e un i t s su b j e c t to AO C is th e av e r a g e of th e cu r r e n t zo n i n g nu m b e r an d th e ma x . po s s i b l e . 6. Th e un i t s su b j e c t to AO C Is ap p r o x . 75 % of th e ma x . po s s i b l e . 7. Th e un i t s su b j e c t to AO C is 50 % of th e ma x . po s s i b l e . 8. Th e un i t s su b j e c t to AO C Is th e av e r a g e of th e cu r r e n t zo n i n g nu m b e r an d th e ma x . po s s i b l e . 9. Th e un i t s su b j e c t to AO C is ba s e d on th e cu r r e n t de v e l o p m e n t pr o p o s a l . 1 o. Th e un i t s su b j e c t to A O C is th e a v e r a g e of th e cu r r e n t zo n i n g nu m b e r an d th e ma x . po s s i b l e . 00 Max. Poss. Units with GPA 3 110 183 17 21 50 457 60 755 390 66 50 148 26 93 12 12 2450 LA AOC Fee $3,760 Remaining as of 11 /5/14 Total $752,000 l. D Co m m e r c i a l & In d u s t r i a l CP D 20 0 5 - 0 1 Sh e s h e b o r G h a r b a g h i Bi r k e n s h a w Pr o p e r t y Lo t be t w e e n Co n d o r & 11 8 Fo r m e r MR A so u t h Hi g h St . Fo r m e r MR A / L u c a s Pr i n c e t o n Av e Co n d o r / P r i n c e t o n Ka vi i Fa i r f i e l d In n 50 0 L. A . Av e - Li n d s t r o m Mo o r p a r k We s t St u d i o s He r r i t a g e MR A Mo o r p a r k Av e . MR A TO T A L Re v i s e d . 10 / 2 4 / 2 0 1 4 11 :O O AM At t a c h m e n t 2 (p . 2) LO S AN G E L E S AV E N U E AO C Su m m a r y of Fu t u r e La n d De v e l o p m e n t Pr o j e c t s To t a l Ac r e s To t a l Ac r e s S/ s i d e of Lo s An g e l e s Av e we s t of Le t a Ya n c y W/ s l d e of L A Av e . so u t h of La s s e n N/ s i d e of Co n d o r Dr (N ) ea s t of Pr i n c e t o n Av e S/ s i d e of Hi g h St r e e t ea s t of Mo o r p a r k Av e Sl s i d e of Pr i n c e t o n Av e . ea s t of 11 8 / 2 3 br i d g e N/ E Co r n e r of Co n d o r (S ) an d Pr i n c e t o n We s t of Pr i n c e t o n Av e @ SR 11 8 S/ s i d e of Wh i t e Sa g e Ro a d ea s t of SR 23 S/ s i d e of Lo s An g e l e s Av e N/ s i d e of Lo s An g e l e s Av e we s t of Ga b b e r t Rd 46 7 Hi g h St 34 7 Mo o r p a r k Av e . In Pr o j e c t Su b j e c t to AO C Ex p i r e d PD 1. 6 4 1 . 6 4 Po t e n t i a l 7. 5 0 7. 5 0 Po t e n t i a l 10 . 0 0 10 . 0 0 Po t e n t i a l 1. 8 0 1. 8 0 Po t e n t i a l 1. 5 0 1. 5 0 po t e n t i a l 3. 2 2 3. 2 2 Po t e n t i a l 20 . 0 0 20 . 0 0 Ex p i r e d PD 2. 3 8 2. 3 8 Ex p i r e d CU P 1. 9 8 1 . 9 8 Ap p r o v e d 32 . 0 0 32 . 0 0 Po t e n t i a l 0. 5 0 0. 5 0 Po t e n t i a l 0. 5 0 0. 5 0 83 . 0 2 83 . 0 2 S: \ P u b l i c Wo r k s \ C I P s \ L A AO C I L A AO C \ U p d a t e d LA AOC Fut Land Dev 11-5-14 Attachment 2 RESOLUTION NO. 2014 --- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, RESCINDING RESOLUTION NO. 2006-2445, AND REVISING AND REENACTING THE SCHEDULE OF FEES FOR THE LOS ANGELES AVENUE AOC WHEREAS, the County of Ventura established certain areas of contribution in 1981 to provide a method of collecting fees from future development projects and to promote orderly growth, such fees to be used to finance specific street improvements; and WHEREAS, upon incorporation of the City of Moorpark, the County of Ventura transferred responsibility for the administration of these Areas of Contribution to the City; and WHEREAS, since the incorporation of the City, the City has periodically made adjustments to these fees and the improvements to be funded by said fees; and WHEREAS, the fees for the Los Angeles Avenue Area of Contribution (LA AOC) were last adjusted by the City Council in 2006 by the adoption of Resolution No. 2006- 2445; and WHEREAS, it has been determined that estimated project costs have increased since the subject fees were last adjusted and it is, therefore, necessary and appropriate for the City Council to consider an increase to the LA AOC fees; and WHEREAS, Government Code Section 66000 et. seq. requires the City to hold a public hearing, as part of a regularly scheduled meeting, to consider written or oral presentation concerning any proposed increase in fees; and WHEREAS, pursuant to said Sections of the Government Code, on November 5, 2014, the City Council set the date of November 19, 2014, as the date of a public hearing to consider possible action to increase the amount of the LA AOC fees; and WHEREAS. the City Council received and considered a report on November 5, 2014 setting forth certain justifications for the approval of an increase to the fees for the LA AOC; and WHEREAS, on November 19, 2014, the City Council held a public hearing as required by law, and duly considered any input provided regarding said proposed fee increase. 10 Resolution No. 2014---- Page 2 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. Pursuant to Government Code Section 66017, this Resolution shall become effective sixty (60) days following the public hearing held on November 19, 2014, implementing those changes to the LA AOC fees described herein, upon the effective date of January 18, 2014. SECTION 2. Resolution No. 2006-2445 is hereby rescinded upon the effective date of this Resolution. SECTION 3. The fees set forth in Resolution No. 2006-2445 pertaining to the LA AOC, are hereby revised to be as follows: Per Residential Unit Fee Amount: $8,683 Per Commercial I Industrial Acre $48,624 SECTION 4. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original Resolutions. PASSED AND ADOPTED this 19th day of November, 2014. Janice Parvin, Mayor ATTEST: Maureen Benson, City Clerk 11