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be used and demonstrate a nexus between the fee and the purpose for which it was <br /> originally charged. The findings must also identify all sources and amounts of funding <br /> for completion of the improvement and the approximate date that the improvement will <br /> be fully funded. After five years, a local agency is also required to refund the <br /> unexpended portion of the fee, and any accrued interest, for which a need cannot be <br /> demonstrated. However, when a city makes appropriate findings (including that the <br /> purpose for the developer impact fee remains), the city may retain the fee. <br /> Staff reviewed development impact fees collected five or more years ago and has <br /> determined that all funds held for more than five years are necessary to complete <br /> identified projects as shown below by fund. <br /> Capital Facilities Fund (Fund 203) <br /> Amount collected in previous fiscal years subject to 5 year limitation: $636,566 <br /> Funds are committed to the following project: <br /> • Design and Construct New Fire Station #3 project#17423 <br /> Description: This project involves construction of a new station, fully <br /> compliant with modern codes and fire service needs on the existing <br /> Station #3 site. The building assessment determined that the total cost to <br /> remove the existing building and construct a new facility is approximately <br /> $8.0 million. This cost includes housing the fire personnel in temporary <br /> facilities during construction, envisioned to be located in the northernmost <br /> section of the Valley Community Hospital parking lot. <br /> Approximate project completion date: 2022 <br /> Project cost: $8,035,000 <br /> % funded by Capital Facilities Fees: 61% <br /> Source of funding: Capital Facilities Fees and Developer Contributions <br /> Park Development Fund (Fund 222) <br /> Amount collected in previous fiscal years subject to 5 year limitation: $0 <br /> Funds are 100% expended as accounted for in Attachment 2. <br /> Traffic Impact Fund (212) <br /> Amount collected in previous fiscal years subject to 5 year limitation: $0 <br /> Funds are 100% expended as accounted for in Attachment 2. <br /> Tri-Valley Transportation Fund (214) <br /> Amount collected in previous fiscal years subject to 5 year limitation: $147,809 <br /> Funds are committed to the following project: <br /> • Tri-Valley Transportation Development Fee Reserve project#01541 <br /> Description: This project establishes a reserve fund for various regional projects <br /> to help mitigate traffic congestion in the Tri-Valley area. These funds represent a <br /> portion of the costs and are the City's 20% set-aside portion of the Tri-Valley <br /> Transportation Development Fees (TVTDF) collected in the City of Pleasanton. <br /> The Tri-Valley projects include the following: 1-580/1-680 flyover and hook ramps, <br /> State Route 84/1-580 corridor improvements from 1-580 to 1-680, Isabel Route <br /> 84/1-680 Interchange, 1-680 auxiliary lanes between Bollinger Canyon Road and <br /> Diablo Road, West Dublin-Pleasanton BART Station, 1-580 HOV lanes from <br /> Tassajara Road to Vasco Road, 1-680 HOV lanes from State Route 84 to the top <br /> Page 4 of 7 <br />