Title:
Title
Mitigation Fee Act Annual Report for the Year Ending June 30, 2019 (Noticed 12/13/2019)
End
FileID
File ID: 2019-01621
Location
Location: Districts 1, 3, 4, 6, and 8
Recommendation:
Recommendation
Pass a Motion to receive and file the Mitigation Fee Act Annual Report for the Year Ending June 30, 2019.
Contact: Eric Frederick, Program Specialist, (916) 808-5129; Sheri Smith, Special Districts Manager, (916) 808-7204, Department of Finance
Body
Presenter: None.
Attachments:
1-Description/Analysis
2-Exhibit A: Mitigation Fee Act Annual Report for the Year Ending June 30, 2019
Description/Analysis
Issue Detail: The Mitigation Fee Act (California Government Code Section 66000 et. Seq., hereafter the Act) and City Code section 18.56.150 mandate an annual report be prepared regarding development impact fees charged by the City and made available to the public. The Mitigation Fee Act Annual Report for the Year Ending June 30, 2019 (attached as Exhibit A) fulfills the annual reporting requirements for the following development impact fee funds:
• 65th Street Fee Fund
• Central City Fee Fund
• Downtown Transportation Fee Fund
• Jacinto Creek Planning Area Fee Fund
• North Natomas Drainage Fee Fund
• North Natomas Public Facilities Fee Fund
• North Natomas Public Facilities Land Acquisition Fee Fund
• North Natomas Regional Park Land Acquisition Fee Fund
• North Natomas Transit Fee Fund
• Railyards Fee Fund
• River District Fee Fund
• Willowcreek Fee Fund
The report presents the following information as required by the Act and City Code:
• A brief description of the type of fee in the account or fund.
• The amount of the fee.
• The beginning and ending balance of the account or fund.
• The amount of the fees collected, and interest earned.
• An identification of each public improvement on which fees were expended and the amount of the expenditures on each improvement, including the total percentage of the cost of the public improvement that was funded by the fees.
• An identification of an approximate date by which the construction of the public improvement will commence if the local agency determines that sufficient funds have been collected to complete financing on an incomplete public improvement.
• A description of each interfund transfer or loan made from the account or fund, including the public improvement on which the transferred or loaned fees will be expended, and, in the case of an interfund loan, the date on which the loan will be repaid, and the rate of interest that the account or fund will receive the loan.
• The amount of any refunds made once it has been determined that sufficient revenues have been collected to fund all projects.
• The amount of any automatic annual adjustment, including the basis of the calculation.
Pursuant to the Act and City Code, the report included as Exhibit A was made available to the public on December 13, 2019.
Policy Considerations: Filing the required annual report will satisfy the requirements of the Act and City Code.
Economic Impacts: Not applicable.
Environmental Considerations:
California Environmental Quality Act (CEQA): Under CEQA Guidelines, this report contains administrative activities that do not constitute a project and is therefore exempt from review (14 Cal Code Reg. §15378(b)(2)).
Sustainability: Not applicable.
Commission/Committee Action: None.
Rationale for Recommendation: The Act and City Code section 18.56.150 require an annual report be filed with City Council for all the City’s impact fee funds. The attached report will satisfy the filing requirements for the impact fee funds included therein.
Financial Considerations: There are no financial impacts to any City funds.
Local Business Enterprise (LBE): Not applicable.