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RESOLUTION NO. 22-1347 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, FINDING <br /> THAT CERTAIN DEVELOPMENT IMPACT FEES SUBJECT TO AB 1600 and SB 1693 <br /> ARE UNEXPENDED AFTER FIVE YEARS AND THE FUNDS ARE COMMITTED TO <br /> PARTICULAR PROJECTS <br /> WHEREAS, Government Code Section 66001(d), effective January 1, 1989, requires the <br /> City (a) to 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 identify the purpose <br /> to which the fee is to be put and to demonstrate a reasonable relationship between the fee and <br /> the purpose for which it is charged, (c) to identify all sources and amounts of funding anticipated <br /> to complete financing and (d) to designate the approximate date the expected funding will be <br /> deposited; and <br /> WHEREAS, pursuant to Government Code Section 66006 (b)(2), the information was <br /> made available to the public on December 5, 2022; and a public meeting was held on December <br /> 20, 2022-, and <br /> WHEREAS, staff has reviewed the development impact fees collected from June 30, 2017 <br /> to determine if any such development fees still remain unexpended; and <br /> WHEREAS, staff has found that development impact fees collected for this period remain <br /> unexpended and the City is committed to use these unexpended amounts for construction of <br /> capital improvements as follows: <br /> Unexpended Amounts by Fund: <br /> Park Development Fund $ 3,307,233 <br /> Traffic Impact Fee 4,451,197 <br /> Tri-Valley Transportation Development Fee 1,559,421 <br /> Downtown Parking-In-Lieu 582,460 <br /> Total Fees Subject to AB 1600 $ 9,900,311 <br /> NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF <br /> PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: <br /> SECTION 1. That there are development impact fees remaining unexpended but these <br /> fees are committed to constructing improvements identified in subsection D below that will <br /> implement goals and objectives of the City's General Plan; <br /> SECTION 2. That the City's objective to mitigate the impacts caused by the development <br /> of residential, commercial, and industrial land will be assisted by the purchase of the equipment <br /> or construction of the improvements; <br /> SECTION 3. That there is a reasonable relationship between the purpose of each of the <br /> developer fees and the purpose for which it is charged and committed as stated below in <br /> subsection D. <br />