REPORT TO THE CITY COUNCIL
May 12, 2016
FROM: SCOTT L. MOZIER, PE, Director
Public Works Department
BY: ANDREW J. BENELLI, PE, City Engineer/Assistant Director
Public Works Department, Traffic and Engineering Services Division
SUBJECT
Title
Actions related to Supplemental Reimbursements for the Urban Growth Management (UGM) and Development Impact Fee Programs.
1. ***RESOLUTION - 43rd amendment to the Annual Appropriation Resolution (AAR) No. 2015-104 to appropriate $605,000 for supplemental refunds and reimbursements to approved developers in the Urban Growth Management (UGM) and Development Impact Fee Programs (Requires five affirmative votes)
Body
RECOMMENDATIONS
Staff recommends that the City Council take the following actions:
1. Adopt the 43rd Amendment to the Annual Appropriation Resolution (AAR) No. 2015-104 to appropriate $605,000 for supplemental refunds and reimbursements to approved developers in the Urban Growth Management (UGM) and Development Impact Fee programs.
EXECUTIVE SUMMARY
Staff is recommending the Council appropriate $605,000 in UGM and Development Impact Fees toward supplemental reimbursements and refunds to eligible developers. Reimbursements will be made in accordance with the Fresno Municipal Code on a first-in, first-out basis to developers who have completed their required construction of necessary infrastructure in excess of their fee obligation. Infrastructure types included in this June supplemental developer reimbursement are Copper River Interior Collectors and Roundabouts, Transmission Grid Water Mains in Service Areas B and D; and Water Supply Area 501-S. Funds are available in the UGM and Citywide Development Impact Fee programs for these appropriations.
BACKGROUND
Under the Governmental Accounting Standards Board's (GASB) Rule 34, any funds that are used to construct public infrastructure must be appropriated. UGM and Citywide Development Impact Fee programs revenue, which are used to reimburse de...
Click here for full text