Laserfiche WebLink
• <br /> TOWN OF TRUCKEE <br /> 111 California <br /> RESOLUTION 2016-08 <br /> A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE <br /> WHEREAS, California government code section 66001, article 4 requires specific <br /> findings be made in order to retain development impact fees which have been on deposit in a <br /> municipality in excess of five years; and <br /> WHEREAS, At the conclusion of the 2014/2015 fiscal year the AB 1600 (traffic impact) <br /> fee program account contained $3,608,930 in funds respectively which had been deposited in <br /> excess of five years prior to the end of the fiscal year; and <br /> WHEREAS, The source of the $3,608,930 deposited but unspent in the AB 1600 <br /> (traffic impact) fee program fund in excess of five years prior to the end of the 2014/2015 fiscal <br /> year was the unexpended portion of the $12,038,861 in revenues which were deposited into the <br /> fund prior to fiscal year 2010/2011. <br /> NOW THEREFORE BE IT RESOLVED that the Town Council of the Town of <br /> Truckee hereby makes the following findings; <br /> 111 <br /> 1. Funds which were deposited in the Town of Truckee AB 1600 (traffic impact)fee program <br /> fund in excess of five years prior to the end of the 2014/2015 fiscal year are intended for <br /> expenditure on elements of current projects such as the West River Street Bike Lane and on <br /> elements of future projects such as the Pioneer Trail extension/Bridge Street extension <br /> project, which is included in the capital improvement project list adopted in the February 26, <br /> 2007 Town of Truckee AB 1600 Traffic Impact Fee Study, final report. <br /> 2. A reasonable relationship between the fee and the purpose for.which it is charged is shown <br /> in the traffic mitigation fee report dated May 17, 1999 approved by the Town,Council through <br /> Ordinance No. 99-05. <br /> 3. The sources and amounts of funding anticipated to complete financing of any incomplete <br /> improvements, the approximate dates when funding is expected to be deposited, and the <br /> approximate dates of completion of those projects are shown on Exhibit A, incorporated by <br /> reference herein. <br /> 4. The funds which are on deposit in the AB 1600 (traffic impact) fee program fund, which were <br /> collected in excess of 5 years prior to the end of the 2014/2015 fiscal year, or are on deposit <br /> in excess of the prescribed five year limit established by government code section 66001, <br /> article 4 for the following reasons: <br /> a. Implementation of certain projects in the current and previous AB 1600 (traffic impact) <br /> fee program capital improvement project list is dictated by schedules of other agencies <br /> which preclude expenditure of these funds within the prescribed five year time frame. <br />