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Lower Income Housing Fund (Fund 122) — This fund is utilized to account for the receipt of Lower Income Housing fees and their disbursement for lower income housing projects. Fund balance, revenues, expenditures and transfers for this fund for fiscal years 2013/14 through 2017/18 are detailed in Attachment 2. Unexpended Funds After Five Years Government Code section 66001(d) requires that five years after collecting a development fee subject to AB 1600 and SB 1693, a local agency shall make findings that year and every five years thereafter, with respect to any portion of the fee remaining unexpended. The findings must identify the purpose for which the fee is to be used and demonstrate a nexus between the fee and the purpose for which it was originally charged. The findings must also identify all sources and amounts of funding for completion of the improvement and the approximate date that the improvement will be fully funded. After five years, a local agency is also required to refund the unexpended portion of the fee, and any accrued interest, for which a need cannot be demonstrated. However, when a city makes appropriate findings (including that the purpose for the developer impact fee remains), the city may retain the fee. Staff reviewed development impact fees collected five or more years ago and has determined that all funds held for more than five years are necessary to complete identified projects as shown below by fund. Public Facilities Fund (Fund 203) Amount collected in previous fiscal years subject to 5 year limitation: $0 Funds are 100% expended as accounted for in Attachment 2. Park Development Fund (Fund 222) Amount collected in previous fiscal years subject to 5 year limitation: $0 Funds are 100% expended as accounted for in Attachment 2. Traffic Impact Fund (212) Amount collected in previous fiscal years subject to 5 year limitation: $0 Funds are 100% expended as accounted for in Attachment 2. Tri-Valley Transportation Fund (214) Amount collected in previous fiscal years subject to 5 year limitation: $61,018 Funds are committed to the following project: • Tri-Valley Transportation Development Fee Reserve project#01541 Description: This project establishes a reserve fund for various regional projects to help mitigate traffic congestion in the Tri-Valley area. These funds represent a portion of the costs and are the City's 20% set-aside portion of the Tri-Valley Transportation Development Fees (TVTDF) collected in the City of Pleasanton. The Tri-Valley projects include the following: 1-580/1-680 flyover and hook ramps, State Route 84/1-580 corridor improvements from 1-580 to 1-680, Isabel Route 84/1-680 Interchange, 1-680 auxiliary lanes between Bollinger Canyon Road and Diablo Road, West Dublin-Pleasanton BART Station, 1-580 HOV lanes from Tassajara Road to Vasco Road, 1-680 HOV lanes from State Route 84 to the top of Sunol Grade, I-680/Alcosta Boulevard Interchange Modifications, Crow Canyon Road Safety Improvements, Vasco Road Safety Improvements, and Page 4 of 6