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CITY COUNCIL OF THE CITY OF PLEASANTON <br />ALAMEDA COUNTY, ALAMEDA <br /> <br /> RESOLUTION NO. 04-043 <br /> <br />A RESOLUTION FINDING THAT CERTAIN FUNDS <br />COLLECTED FROM DEVELOPERS ARE UNEXPENDED <br />AFTER FIVE YEARS BUT THAT THE FUNDS ARE <br />COMMITTED TO PARTICULAR PROJECTS <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />Government Code 66001(d), effective January 1, 1989, requires the City (a) to <br />make findings once each fiscal year with respect to any portion of a fee remaining <br />unexpended in its account five or more years after deposit of the fee, (b) to <br />identify the purpose to which the fee is to be put and to demonstrate a reasonable <br />relationship between the fee and the purpose for which it is charged, (c) to identify <br />all sources and amounts of funding anticipated to complete financing and (d) to <br />designate the approximate date the expected funding will be deposited; and <br /> <br />staff has reviewed the development fees collected between July 1, 1997 and June <br />30, 1998 to determine if any such development fees remain unexpended; and <br /> <br />staff has found that there are three development impact fees collected from <br />developers for this period that remain unexpended; and <br /> <br />the City is committed to use two of the fees to reimburse certain parties for the <br />construction of capital improvements for which these fees have been collected and <br />the City is committed to use one fee for construction of a capital improvement if <br />and when certain issues are resolved; and <br /> <br />staff has reviewed the development fees collected between July 1, 1992 and June <br />30, 1993 that received findings five years ago to determine if any such <br />development fees still remain unexpended; and <br /> <br />staff has found that there are three development impact fees collected from <br />developers for this period that received findings five years ago and remain <br />unexpended; and <br /> <br />the City is committed Io construct capital improvements for which two of these <br />fees have been collected and is waiting to disburse the other fee to Kaiser <br />Permanente; and <br /> <br /> <br />