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HomeMy WebLinkAboutAGENDA REPORT 2006 0607 CC REG ITEM 08Bei TY 0 F MOORPARK, CALIFORNIA City Council Meeting of -7-AC04 ACTICIIV:�Q,p�a MOORPARK CITY COUNCILear��� aoos -a3�� AGENDA REPORT ZY:• TO: The Honorable City Council FROM: Yugal K. Lall, City Engineer / Public Works Director BY: Ken Gilbert, Public Works Consultant DATE: May 17, 2006 (Council Meeting 06- 07 -06) SUBJECT: Consider Resolution Rescinding Resolution No. 2005 -2361, 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 up A Background On April 26, 2006, the City Council set June 7, 2006, 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. History Prior to the incorporation of the City, the County of Ventura created the subject Areas 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. Last Adiustment The SP/TR AOC fees were last adjusted in July of 2005 by the adoption of Resolution No. 2005 -2361. The fees set by that Resolution are as follows Residential (per dwelling unit) Commercial / Industrial (per acre) $ 7,240.11 $40,544.64 PW/YKL06028/RPT /04/27/06 0000010 Spring Road / Tierra Rejada Road AOC Update June 7, 2006 Page 2 D. Fee Requirements E. F G. 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 $1,001,604. Attachment 1 also shows the prior project costs estimates compared to revised project cost estimates. The revised project cost estimates are based on more recent information about project needs and requirements. Funds Available A calculation of funds available in the SP/TR AOC Fund (Fund 2502) is as follows: Funds Available Amount ($) Cash in Fund [April 1, 20061 66,330 Less retention owed to Environmental Construction (68,739) Less future payment to Simi - Conejo (48,242) Plus deferred revenue 6,361 Less future re- payment of loans to L A AOC Fund (952,863) Sub -Total (997,153) Plus anticipated revenue from Nearon 466,263 Total (530,890) Additional Funds Required Based on the above figures, the future SP/TR AOC fees required to fund all of the projects listed on Attachment 1, and other Fund obligations, is as follows: Description Amoun ($) Current Funds Available (530,890) Less Total Estimated Project Costs (1,211,604) Sub -Total (1,742,494) Additional Funds Required 1,742,494 Projected Final Fund Balance 0 Future Land Development Projects Vacant properties subject to the SP/TR AOC fee are listed as follows: Property AP Number Total Acres Cypress 512 -0- 260 -040; 090; 120 33.58 Next to Pine Crest School 512 -0- 270 -030 2.78 Total 36.36 P W /YKLOW2&RPT /04/27/08 000011 Spring Road / Tierra Rejada Road AOC Update June 7, 2006 Page 3 H. Fee Calculation Based on the above information the required per acre fee is calculated as follows: Requirements ($) Total Acres Per Acre Fee ($) Fee Calculation 1,742,494.00 36.36 47,923.38 I. Recommended Fee Increase Based on the above analysis, it is recommended that the SP/TR AOC fee be increased as follows: Current Fee ($) Change ($) Revised Fee ($) Per Dwelling Unit 7,240.11 1,317.63 8,557.74 Ind. /Comm. (per Acre 40,544.64 7,378.74 47,923.38 Percent Increase: 18% Note: The Equivalent Dwelling Unit fee for Residential property is based on 5.6 EDU per acre. J. Public Hearina As stated above, a Public Hearing on this matter was set for June 7, 2006. Notice of that hearing has been posted and published as required by law. Also, a copy of information pertaining to this proposed fee increase, the attached Resolution and the public hearing notice has been provided to the Building Industry Association (BIA). K. 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. L. 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. PW/YKL06028/RPT /04127/08 000012 Spring Road / Tierra Rejada Road AOC Update June 7, 2006 Page 4 STAFF RECOMMENDATIONS (ROLL CALL VOTE) 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 (Attachment 2) increasing the fees for the Spring Road / Tierra Rejada Road AOC. Attachments: Attachment 1 Attachment 2 PWNKLW02&R"i0a2noa Future Project Cost Estimate Resolution 09e013 Attachment 1 Page 1 List of SP/TR AOC Funded Projects Comparison of Prior Cost Estimate and Current Cost Estimate Sub -total Revised Sub -Total Administration (5 %) Administration (5%) Total Revised Total Less Costs Less Other Prior to Sources Apr -06 336,000 48,005 336,000 48,005 0 55,426 0 707,314 0 0 0 0 0 0 0 0 0 0 0 0 Prior Est, Code Name Design R -O -W Const. Insp. Total Project Cost Prior Est. Current Est. 1 8036 T R Rd Sig Intercon. 50,000 0 546,900 40,000 636,900 0 95,000 0 675,000 40,000 200,000 810,000 2 8042 T R Rd Median 32,000 0 734,000 5,000 771,000 19,174 0 815,239 815 835,228 3 8042 T R Med, at Freeway 0 0 0 0 0 & Interchage US 10,000 0 189,500 500 200,000 4 - -- Signal Mod. Projects 30,000 0 160,000 10,000 200,000 30,000 0 160,000 10,000 200,000 5 - -- Curb Radii Mod. 20,000 0 175,000 5,000 200,000 20,000 0 175,000 5,000 200,000 Sub -total Revised Sub -Total Administration (5 %) Administration (5%) Total Revised Total Less Costs Less Other Prior to Sources Apr -06 336,000 48,005 336,000 48,005 0 55,426 0 707,314 0 0 0 0 0 0 0 0 0 0 0 0 Prior Est, Revised Total Future Total Future AOC Exp. AOC Exp. 252,895 425,995 715,574 127,914 0 200,000 200,000 200,000 200,000 200,000 1,807,900 336,000 103,431 1,368,469 2,245,228 336,000 755,319 68,423 1,807,900 336,000 103,431 1, 2,245,228 336,000 755,319 1,153,909 57,695 1,211,604 Attachment 2 RESOLUTION NO. 2006 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, RESCINDING RESOLUTION NO. 2005 -2361, 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 2005 by the adoption of Resolution No. 2005 -2361; 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 April 26, 2006, the City Council set the date of June 7, 2006, 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 7, 2006, setting forth certain justifications for the approval of an increase to the fees for the SP/TR AOC; and WHEREAS, on June 7, 2006, the City Council held a public hearing, as required by law, and duly considered any input provided regarding said proposed fee increase. PWNKLOBO80/RPT /04128106 () p) (1 0 Resolution No. 2006 - 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 7, 2006, implementing those changes to the SP/TR AOC fees described herein, upon the effective date of July 17, 2006. SECTION 2. Resolution No. 2005 -2361 is hereby rescinded upon the effective date of this Resolution. SECTION 3. The fees set forth in Resolution No. 2005 -2361 pertaining to the SP/TR AOC, are hereby revised to be as follows: - ---... _ .............. _.._ ... _ .......... _ ... --- ..................... -----......._--.--.........._- Per Residential Unit ' Per Commercial / ......_..... ...--_- ........... _._ ............... _ ......... - -_.... Industrial Acre Fee Amount: $8557.74 47923.38 .. _ ... Note: This fee ... is the result of a 18% 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 7th day of June, 2006. ATTEST: Deborah S. Traffenstedt, City Clerk Patrick Hunter, Mayor PW/YKL08030/RPT /04/28/06 090016