HomeMy WebLinkAboutAGENDA REPORT 2012 1107 CCSA REG ITEM 10T t.iqi Council Meeting ITEM 10.T.
ACTIt?W
MOORPARK CITY COUNCIL ACTING AS
SUCCESSOR HOUSING AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK
AGENDA REPORT
TO: Honorable City Council
FROM: David C. Moe ll, Redevelopment Manager
DATE: October 24, 2012 (Successor Housing Agency Meeting of 1117/12)
SUBJECT: Consider Ratification of Development Fees for the Charles Street
Terrace Affordable Housing Project
BACKGROUND AND DISCUSSION
The Moorpark 20, Limited Partnership ("Area Housing Authority") has completed the
construction of the Charles Street Terrace Project which consists of 20 affordable low
and very low income units located at 396 Charles Street ("Project"). During the
entitlement phase of the Project, the Area Housing Authority paid several development
fees to the City of Moorpark ("City") prior to issuing the building permit:
$ 20,000.00 Entitlement Processing
$ 31,933.24 Traffic System Management
$ 29,826.64 Intersection Improvement
$156,140.00 LA Ave AOC
$ 50,365.53 Art in Public Places
$ 300.00 Electronic Conversion
$ 2,900.00 County TMF
$ 446.20 City Engineering Fees
$291,911.61 Total
However, at the time of issuing the building permit the Park and Citywide Traffic Fees
were deferred to a later time to help offset the upfront cost of reconstructing the
southern and western block walls in the Project, not originally planned in the design.
Staff determined that the remaining fee amounts needed to be paid were $5,000.00 for
each unit for both the Park Fee and Citywide Traffic Fee. These fee amounts were
similar to those included in the Essex Development Agreement.
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Honorable City Council
November 7, 2012
Page 2
On May 16, 2012, the Area Housing Authority paid the Park and Citywide Traffic Fees in
full to the City. Staff is seeking City Council ratification that the $100,000.00 Park and
$100,000.00 Citywide Traffic fee amounts have been appropriately charged and
collected for the Project.
FISCAL IMPACT
None.
STAFF RECOMMENDATION
Ratify staff's determination that the $100,000.00 Park and $100,000.00 Citywide Traffic
fee amounts have been appropriately charged and collected for the Project.
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