REPORT TO THE CITY COUNCIL
May 18, 2017
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
Action related to Supplemental Reimbursements for the Urban Growth Management (UGM) and Development Impact Fee Programs.
1. ***RESOLUTION - 57th amendment to the Annual Appropriation Resolution (AAR) No. 2016-118 to appropriate $650,200 for Supplemental Refunds and Reimbursements to approved Developers in the Urban Growth Management (UGM) and Development Impact Fee Programs (Requires 5 affirmative votes).
Body
RECOMMENDATIONS
Staff recommends that the City Council take the following actions:
Adopt the 57th Amendment to the Annual Appropriation Resolution (AAR) No. 2016-118 to appropriate $650,200 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 $650,200 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 mid-year supplemental developer reimbursement are streets, traffic signal, and water main transmission grid. 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 developers who construct capital improvements on the City's behalf, are govern...
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