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HomeMy WebLinkAboutAGENDA REPORT 2007 0620 CC REG ITEM 08D ITEM 9- 1 - CITY OF MOORPARK,CALIFORNIA City Caunell Meeting o70O7 ACY110Nt 0 BY: _ MOORPARK CITY COUNCIL AGENDA REPORT TO: The Honorable City Council FROM: Yugal K. Lail, City Engineer/ Public Works Direc or� DATE: May 28, 2007 (Council Meeting 6-20-07) SUBJECT: Consider Resolution Rescinding Resolution No. 2006-2471, Pertaining to the Spring Road / Tierra Rejada Road Area of Contribution, SP/TR AOC, and Approving an Increase to the SP/TR AOC Fees DISCUSSION A. Background On June 6, 2007, the City Council set June 20, 2007, as the date of a public hearing to consider increasing the fees for the Spring Road / Tierra Rejada Road Area of Contribution [SP/TR AOC] Fee. Notice of the public hearing was posted and published in accordance with the requirements of the Government Code. B. HistorV Prior to the incorporation of the City, the County of Ventura created the subject Area of Contribution in order to provide a mechanism for future development within a certain specified geographical areas, to finance transportation improvements to Spring Road and to Tierra Rejada Road. C. Last Adjustment The SP/TR AOC fees were last adjusted in June 2006 by the adoption of Resolution No. 2006-2471. The fees set by that Resolution are as follows: • Residential (per dwelling unit) $ 8,557.74 • Commercial / Industrial (per acre) $47,923.38 Cityshare/pubWrks/everyone/staffreport/2007/June/SP_TR AOC-0705 o o ooG 1 Spring Road /Tierra Rejada Road AOC Update June 20, 2007 Page 2 D. Fee Requirements As with past fee adjustments, this fee increase is proposed for the purpose of providing a fee amount sufficient to fund (in the amounts specified herein) certain identified projects. A recent update and recalculation of project costs estimates is set forth in Attachment 1. That chart shows total project requirements to be $1,713,480. Attachment 1 also shows the prior project costs estimates compared to revised project cost estimates. The revised project cost estimates are based on more recent information about project needs and requirements. E. Funds Available A calculation of funds available in the SP/TR AOC Fund [Fund 25021 is as follows: Funds Available Amount($) Cash in Fund [April 30, 2007] 385,909 Less future re-payment of loans to L A AOC Fund (952,863) Sub-Total (566,954) Plus anticipated revenue from Nearon 0 pd by Village 4/14/06 Total (566,954) F. Additional Funds Required Based on the above figures, the future SP/TR AOC fees required to fund all of the projects listed on Exhibit 1, and other Fund obligations, is as follows: Description Amoun ($) Current Funds Available (566,954) Less Total Estimated Project Costs (1,294,530) Sub-Total (1,861,484) Additional Funds Required 1,861,484 Projected Final Fund Balance 0 G. Future Land Development Projects Vacant properties subject to the SP/TR AOC fee are listed as follows: Property AP Number Total Acres Cypress 512-0-260-040; 090; 120 33.58 Next to Pine Crest School 512-0-270-030 2.78 Total 36.36 H. Fee Calculation Based on the above information the required per acre fee is calculated as follows: Requirements ($) Total Acres Per Acre Fee ($) Fee Calculation 1,861,484.00 36.36 51,195.93 C itysh a re/p ubWrks/eve ryone/staff repo rt/2007/June/SP_TRAOC_0705 �``��,,�' 11G2 Spring Road /Tierra Rejada Road AOC Update June 20, 2007 Page 3 I. Recommended Fee Increase Based on the above analysis, it is recommended that the SP/TR AOC fee be increased as follows: Current Fee ($) Change ($) Revised Fee ($) Per Dwelling Unit 8,320.82 821.31 9,142.13 Ind./Comm. (per Acre 46,596.59 4,599.34 51,195.93 Percent Increase: 10% Note 1: The Equivalent Dwelling Unit fee for Residential property is based on 5.6 EDU per acre. Note 2: The ENR Construction Cost Index Increase for the past twelve months is 3.9%. J. Public Hearing As stated above, a Public Hearing on this matter was set for June 20, 2007. Notice of that hearing has been posted and published as required by law. K. Building Industry Association (BIA) A copy of information pertaining to this proposed fee increase, the attached draft Resolution and the public hearing notice were provided to the Building Industry Association (BIA). A response was received and is attached as Attachment 3. In response to the BIA letter, the proposed fee increase is not based on any increase to the Consumer Price Index or the Engineering Record Construction Const Index. The proposed increase is based on a current assessment of project needs and available funds. L. Resolution The attached Resolution (Attachment 2), if adopted, will revise the Spring Road / Tierra Rejada Road AOC fees to be as Noted in Section H above. M. Effective Date of Fee Increase Any approved fee increase will not become effective until sixty (60) days after the date the action was taken to increase the fee. Cityshare/pubWrks/everyone/staffreport/2007/June/SP_TR AOC-0705 Spring Road /Tierra Rejada Road AOC Update June 20, 2007 Page 4 STAFF RECOMMENDATIONS 1. Open the public hearing on the proposed adjustment to the Spring Road /Tierra Rejada Road AOC fee, receive all related input and then close the public hearing. 2. Adopt the attached Resolution [Exhibit 2] increasing the fees for the Spring Road / Tierra Rejada Road AOC. Attachments: 1: Future Project Cost Estimate 2: Resolution I BIA letter O 4 Cityshare/pubWrks/everyone/staffreport/2007/June/SP_TR AOC-0705 Attachment 1 Page 1 List of SP/TR AOC Funded Projects Comparison of Prior Cost Estimate and Current Cost Estimate Less Costs Prior Est. Revised Total Project Cost Less Other Prior to Total Future Total Future Code Name Design R-O-W Const. Insp. Prior Est. Current Est. Sources May-07 AOC Exp. AOC Exp. 1 8036 T R Rd Sig Intercon. 95,000 0 675,000 40,000 810,000 336,000 48,005 425,995 84,000 0 570,000 40,000 694,000 633,000 0 61,000 2 8042 T R Rd Median 19,174 0 815,239 815 835,228 0 707,314 127,914 Phase 1 S 2 38,000 0 914,000 5,200 957,200 0 707,314 249,886 3 8042 T R/Freeway 10,000 0 189,500 500 200,000 0 0 200,000 Interchage L/S 0 0 O 0 0 0 0 0 4 --- Moorpark Rd/T R Rd 0 0 0 0 0 0 0 0 NB Left-Turn Mod. 5,000 0 215,000 5,000 225,000 0 O 225,000 5 --- Signal Mod.Projects 30,000 0 160,000 10,000 200,000 0 0 200,000 30,000 0 200,000 10,000 240,000 0 0 240,000 6 --- Curb Radii Mod. 20,000 0 175,000 5,000 200,000 0 0 200,000 24,000 0 427,000 6,000 457,000 0 0 457,000 Sub-total 2,245,228 336,000 755,319 1,153,909 Revised Sub-Total 2,573,200 633,000 707,314 1,232,886 Administration (5%) 57,695 Administration(5°/,) 61,644 Total 2,245,228 336,000 755,319 1,211,604 Revised Total 2,573,200 633,000 707,314 1,294,530 11! Attachment 2 RESOLUTION NO. 2007 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, RESCINDING RESOLUTION NO. 2006-2471, AND REVISING AND REENACTING THE SCHEDULE OF FEES FOR THE SPRING ROAD / TIERRA REJADA ROAD 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 t these fees and the improvements to be funded by said fees; and WHEREAS, the fees for the Spring Road / Tierra Rejada Road Area of Contribution [SP/TR AOC] were last adjusted by the City Council in 2006 by the adoption of Resolution No. 2006-2471; 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 SP/TR 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 May 16, 2007, the City Council set the date of June 20, 2007, as the date of a public hearing to consider possible action to increase the amount of the SP/TR AOC fees; and WHEREAS, the City Council received and considered a report on June 20, 2007, setting forth certain justifications for the approval of an increase to the fees for the SP/TR AOC; and WHEREAS, on June 20, 2007, the City Council held a public hearing, as required by law, and duly considered any input provided regarding said proposed fee increase. 10 0 0.G 6 Resolution No. 2007- 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 June 20, 2007, implementing those changes to the SP/TR AOC fees described herein, upon the effective date of August 19, 2007. SECTION 2. Resolution No. 2006-2471 is hereby rescinded upon the effective date of this Resolution. SECTION 3. The fees set forth in Resolution No. 2006-2471 pertaining to the SP/TR AOC, are hereby revised to be as follows: Per Residential Unit Per Commercial / . Industrial Acre Fe ----_.... . Note: This fee is the result of a ten percent (10%) increase from the prior fee. 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 20th day of June, 2007. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Jun. 4. 2007 10: 11AM No- 6647 P. 2 ATTACHMENT 3 June 4,2007 The Honorable Patrick Hunter,Mayor Bin Moorpark City Council 799 Moorpark Avenue Greater L.A./ Moorpark,CA 93021 Ventura Chapter Delivered Via Facsimile and&Mail t II,,! RE: PROPOSED SPRING ROAD/TIERRA R.1✓JADA ROAD AREA OF _ .. 11-. -.. ._.... -__.I. 28460 Ave.Stanford,Suitc 11 1 0 CONTRIBUTION(SP/TR AOC)FEE REVISION Santa Clarita,California 91355 661.257.5046 Dear Mayor Hunter: Fax 661:2.57.5045 www.biaglay.org On behalf of the approximately 500 companies and their representative employees who make up the Greater LA/Ventura Chapter of the Building Industry Association of Southern California (BIA), thank you for the opportunity to comment on the proposed Spring Road/Tierra Rejada Road Area of Contribution(AOC) Fee Increase. After carefully reviewing the updated AOC fee increase, the 13IA finds that the proposed fee raises many questions in the planning, amount,and timing of proposed increase. First and foremost, it has only been a year since the last AOC fee increase to this particular area. BIA/GLAV is concerned of the planning of the AOC fee proposal process. Greater detail needs to be spent on the actual planning and research in the amount of the fee in hopes to minimize constant increases and maximize the predictability of such a fee. This can be done through a comprehensive AOC fee study that includes information from the City's General Plan and arranges the AOC fee to cover a.series of years, instead of only one year at a time. In addition with concerns over the rapid repeated increase of the fee, the actual dollar amount of increase also draws concern, The AOC fee's increase of ten percent does not represent a normal annual CPI adjustment. It is important to be aware and vigilant of the amount of fee increases, especially when increases are done so closely together. We also have concerns with the timing of which the increases are coming and the amount of increases the current housing market can absorb. As you may know, the housing market is currently in a downward part of its usual cyclical phase. Fee increases, such as this one proposed in Moorpark, can usually be absorbed when the market is up.But given the market's current phase, we are concerned that the increase in fees can harm and negatively effect development in the City of Moorpark. Developers will realistically absorb the increased fees, yet pass the cost onto the consumer, furthering the cost of new homes—and continuing to price many families out of the dream of home ownership. The Building Industry Association of Greater Los Angeles/Ventura would like to offer its expertise to help the City of Moorpark develop practical techniques to implement fee Jun. 4. 2007 10: 11AM No. 6647 P. 3 increases that recognize the reality of the current market and meet the satisfaction of both the City and the building industry. Sincerely, Terra C. Donlon Vice President of External Affairs Building Industry Association Greater Los AngelesNentura Chapter 0 0 G9