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G East County Animal Shelter Lease/Debt Payments — project#948051 Description Pleasanton's share of the annual animal shelter lease/debt payments Approximate project completion date 2022 Project co st $80,000 a pp roximate cost per year % funded by development impact fees Ranges from 20% to 50% each year Source of funding Public Facilities Fees, General Fund CIP Reserves (ranges from 50% to 80% each year) Downtown Parking)-On-Lieu Fund (226) Amount collected in previous fiscal years subject to 5 year limitation $169 Funds are 99% expended as accounted for in Appendix A The outstanding amount of $169 is result of GASB 31 unrealized interest adjustment that can't be spend Lower!Income Housing Fund (Fund 271) Amount collected in previous fiscal years subject to 5 year limitation $5,189,693 Funds are committed to the following project ® Kottinger Place Redevelopment— project#271005 Description Redevelopment of Kottinger Place and Pleasanton Gardens from a total of 91 units to an 185 units senior housing project Approximate project completion date 2017 Project cost $62,000,000 °A) funded by development impact fees 16 1% Source of funding Lower Income Housing Fees (16 1%) of$4,955,186 expended, Tax Credits, HUD 202 Funds, private bank loans (83 9%) Section 2: City Clerk shall certify to the passage of this resolution and enter it into the book of original resolutions PASSED, /A PPROVED '41D ;k,DOPTED by the City Council of the City of Pleasanton at a regular meeting held on the 20th day of December, 2016 1, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing resolution was adopted by the City Council at a regular meeting by the following vote Ayes Noes Absent Abstain Karen Diaz, City Clerk APPROVED AS TO FORM Daniel Sodergren, City Attorney