RES 16906 - Laserfiche WebLink

D The amount of the development impact fees collected, the cash balance (including interest earnings) as of June 30, 2016 for each fee held for five years or more, the purpose the fee is committed, additional sources of funding and the expected date that funding will be available are as follows Public Facilities Fund (Fund 154.) Amount collected in previous fiscal years subject to 5 year limitation $1,798,600 Funds are committed to the following projects • City Hall Office Bldg & Civic Center Site Improvement Reserve - project#988029 Description Improvements to the City Civic Center including the Pleasanton Library Approximate project completion date 2021 Project cost $150 million to $200 million % funded by development impact fees 20% Source of funding Public Facilities Fees (20%), other sources to be determined (80%) • City Parking Lot Maintenance and Rehabilitation— project#138034 Description Design and construct by contract the rehabilitation and preventative maintenance treatments to 23 City owned parking lots that comprise 800,000 square feet of pavement Approximate project completion date 2017 Project cost $200,000 % funded by development impact fees 50 0% Source of funding Public Facilities Fees (50 0%) of$113,408 expended, Misc General Fund CIP Funds (50 0%) of$200,000 expended • Library Roof Replacement— project#148008 Description Replace the leaking and deteriorating tile roof installed on the Library in 1988 in order to prevent structural damage to other portion of the building Approximate project completion date 2017 Project cost $340,000 % funded by development impact fees 70 6% Source of funding Public Facilities Fees (70 6%), Misc General Fund CIP Funds (29 4%) • 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 cost $80,000 approximate 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 Parkinq-ln-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