REPORT TO THE CITY COUNCIL
August 21, 2014
FROM: SCOTT L. MOZIER, PE, Director
Public Works Department
THROUGH: ANDREW J. BENELLI, PE, City Engineer/Assistant Director
Public Works Department, Traffic and Engineering Services Division
BY: ANN LILLIE, Senior Engineering Technician
Public Works Department, Traffic and Engineering Services Division
SUBJECT
Title
*RESOLUTION - Adopting the 11th amendment to the Annual Appropriation Resolution 2014-95 recognizing $10,000 in revenue from developer contributions to form the City of Fresno Community Facilities District No. 15 East Copper River Maintenance District (the eastern half of the Copper River Ranch Development, between Silaxo Lane (private street), East Copper Avenue, North Willow Avenue and North Baird Avenue) (Council District 6) (Requires 5 affirmative votes)
Body
RECOMMENDATION
Adopt the 11th amendment to the Annual Appropriation Resolution No. (AAR) 2014-95 recognizing $10,000 in revenue from developer contributions to form the City of Fresno "(City") Community Facilities District No. 15 East Copper River Maintenance District ("CFD No. 15").
EXECUTIVE SUMMARY
Copper River Ranch LLC has deposited $10,000 to cover the costs incurred by the City for the formation of CFD No. 15 to fund the Services (defined below) for certain required public improvements associated with this development. The intent of this district is to ensure that the City will have no General Fund obligation related to the improvements. Adoption of the resolution will authorize the use of these deposits for formation related expenditures. (See attached location map)
BACKGROUND
On July 24, 2014, the Copper River Ranch LLC requested that the City form a Community Facilities District to fund the operations and maintenance ("Services") of certain required public improvements located within public easements associated with the easterly portion of the Copper River Ranch development. Services are as described and permitted by the City of Fresno Special Tax Financing Law, Chapter 8, Division 1, Article 3 of the Fresno Municipal Code and the Mello-Roos Community Facilities Act of 1982 (Chapter 2.5, commencing with Section 53311, of Part 1, Division 2, Title 5 of the California Government Code).
In accordance with City policy, the project proponents deposited $10,000 to cover district formation expenses normally incurred by the City. The proposal anticipates that no General Fund money will be used for the project.
The purpose of the attached amendment to AAR 2014-95 is to grant staff authorization to access the $10,000 deposit to cover a variety of City-incurred expenditures directly related to the district formation process.
The attached resolution has been approved as to form by the City Attorney's Office.
ENVIRONMENTAL FINDINGS
By the definition provided in the California Environmental Quality Act Guidelines Section 15378 this item does not qualify as a project and is therefore exempt from the California Environmental Quality Act requirements.
LOCAL PREFERENCE
Local preference was not considered since this item does not include a bid or award of a construction or services contract.
FISCAL IMPACT
There will be no impact to the General Fund as a result of the recommended action. All expenditures will be covered by CFD No. 15 revenue derived from $10,000 in formation fees received from the developer.
Attachments: Location Map
Resolution
Petition