HomeMy WebLinkAboutAGENDA REPORT 1986 0519 CC REG ITEM 10D MUUKYAKI�
ITEM _LO�L
JAMES D. WEAK STEVEN KUENY
Mayor �.��` City Manager
THOMAS C. FERGUSON ' CHERYL J. KANE
Mayor Pro Tern City Attorney
ALBERT PRIETO O RICHARD MORTON
Councilmember Director of
DANNY A. WOOLARD Community
Councilmember b,�* Development
LETA YANCY-SUTTON R. DENNIS DEILZEIT
Councilmember City Engineer
DORIS D. BANKUS JOHN V. GILLE:SPIE
City Clerk MEMORANDUM Chief of Police
THOMAS P. GENOVESE
City Treasurer
T O • The Honorable City Council
FROM : Steven Kueny, City Manager
DAT E : May 15, 1986
SUBJECT • PD-1010 (PALMER) PARK FACILITIES (QUIMBY) FEE
BACKGROUND
Condition 30 f. of the approved conditions for the subject project requires
the payment of a fee for park facilities commonly known as Quimby Fees.
The developer was also conditioned (Condition 29) to be responsible for
one-half (1/2) of the cost for design and construction of a pedestrian bridge
across the Arroyo Simi. The City could require the developer to construct
the entire bridge at their cost with reimbursement for the second one-half
(1/2) portion to come from adjacent development to the west. Condition 30 f.
specifically excluded any credit for the bridge towards the Quimby Fee.
DISCUSSION
At the time of the approval of PD 1010, an accurate estimate of the potential
Quimby Fees was not available. The fee itself is calculated based upon the
fair market value of the property at the time the final map is filed or the
zone clearance when the first building permit of an apartment project is
requested. PD 1010 is required to pay fees for the equivalent of 3.7 acres
of land plus 20%. The estimated fee is in excess of $750,000.
In comparison to other multi-family projects approved and proposed,
including Regal (120 condominiums), Oliver PD 1046 (27 townhomes) and
Lincoln Properties PD 1051 (proposed 136 apartments) , PD 1010 is required
to pay comparably more due to the bridge requirement. The cost of the
bridge is estimated as high as $300,000. It was originally estimated at
$190 - $200,000. (This estimate is for new construction, not the proposed
railroad bridge relocation).
799 Moorpark Avenue Moorpark, California 93021 (805)529-6864
PD-1010 PARK FACILITIES FEE
May 15, 1986
Page 2
In light of the information of the amount likely to be paid in Quimby Fees,
it is recommended that the City Council reconsider giving credit for the
developer's one-half (1/2) requirement for constructing the pedestrian
bridge with a "not to exceed amount" as monitored by the City Engineer.
This action would not change the City's ability to require the developer
to construct the full bridge as previously mentioned.
RECOMMENDED ACTION
Modify condition 30 f. of PD 1010 and LDM-3 to allow credit against the
Park Facilities Fee for one-half (1/2) the cost of the pedestrian bridge ,
not to exceed $150,000, with the amount of credit determined by the City
Engineer.
SK:igb
cc: Parks & Recreation Commission
Mr. Geoff Palmer