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Resolution No. 96-13 1 <br />Page Two <br /> <br /> D. The mount of the development impact fees collected, the cash <br /> balance (including interest earnings) as of June 30, 1996 for each fee <br /> held for five years or more, the purpose the fee is committed, and <br /> expected commitment period are as follows: <br /> <br /> (i) Fund 425--$27,705, Division St. Victorians <br /> Cash Balance--S35,978 <br /> Project--Division Street Utility Undergrounding <br /> This project is listed in 95-96 CIP Budget, <br /> but is not fully funded. <br /> <br /> (ii) Fund 427--$12,717, Balch Enterprises <br /> Cash Balance--S17, 110 <br /> Project--Intersection improvements at Valley/Santa <br /> Rita and Bernal/Stanley Boulevard. <br /> Project is scheduled for 1997-98 with major <br /> funding from N.P.I.D. No. 1. <br /> <br /> (iii) Fund 429--$27,560, Chewon <br /> Cash Balance--S35,050 <br /> Project--Intersection improvements at Owens/Hopyard <br /> intersection. <br /> Project is scheduled for this fiscal year with <br /> major ~mding from N.P.I.D. No. 1. <br /> <br /> (iv) Fund 430--$4,000 Chewon <br /> Cash Balance--S5,087 <br /> Project--Street Overlay <br /> Project will be completed this fiscal year. <br /> <br /> (v) Fund 437--$23,398, Taubman Corporation <br /> Cash Balance--S30,888 <br /> Project--Traffic signal installation <br /> Project was constructed by Kaiser Permanente; <br /> City is waiting for Kaiser's invoice. <br /> <br /> <br />