REPORT TO THE CITY COUNCIL
FROM: SCOTT MOZIER, PE, Director
Public Works Department
BY: HARMANJIT DHALIWAL, PE, Assistant Director
Public Works Department, Special Projects and Capital Management Division
YVONNE DIAZ, Administrative Manager
Public Works Department, Administration Division
SUBJECT
Title
***RESOLUTION - Adopting the 5th Amendment to the Annual Appropriation Resolution No. 2025-179 to appropriate $644,100.00 for Developer Reimbursements. (Council District 1 and 5) (Requires 5 Votes) (Subject to Mayor's Veto)
Body
RECOMMENDATION
Staff recommends that the City Council adopt the 5th Amendment to the Annual Appropriation Resolution No. 2025-179 to appropriate $644,100.00 for Developer Reimbursements for park land dedication.
EXECUTIVE SUMMARY
Staff recommends the Council adopt a resolution approving the rebudget of funding for develop reimbursements for dedication of park land so that the appropriations in FY 2025 are sufficient to cover anticipated expenditures. The recommended resolution will appropriate $644,100.00 in funding to the current fiscal budget year.
BACKGROUND
On March 25, 2010, the Council approved the Development Agreement by and between the City of Fresno and Fancher Creek Properties, LLC (Fancher Creek). The Development Agreement required Fancher Creek, to pay the Citywide Park Facility Impact Fee and the Parkland Dedication In-Lieu Fee for park impacts and construction. The development agreement states the Fancher Creek will receive dollar-for-dollar credit for eligible costs, which shall be determined by the Director of Parks and Recreation and Community Services Department. Additionally, on April 24, 2025, the Council approved an Infrastructure Reimbursement agreement between the City of Fresno and Fancher Creek in an amount not to exceed $3,500,000.
On June 30, 2022, the Council approved the Development Agreement by and between the City of Fresno and Parc West Development, Inc. (Parc West). The Developme...
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