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THE CITY OF <br /> . f , „ :,1�; CITY COUNCIL AGENT• t, , 'EReIST • <br /> LEASANTON© <br /> December 20, 2016 <br /> Finance <br /> TITLE: /A D••PT RESOLUTION I'/1AKING THE FINDING THAT CERTAIN <br /> DEVEILOPI0ENT IMPACT FEES (A;1600 ,A ND SB1693) COLLECTED, ARE <br /> UNEXPENDED AFTErt FIVE YE,' RS BUT -",RE COHm OTTED TO <br /> PARTICULAR PROJECTS <br /> SUf,rir' ARV <br /> As required by AB1600 and SB1693, this annual report has been prepared showing the <br /> status of development impact fees held as of June 30, 2016 The attached resolution <br /> finds that certain development impact fees have been held for five or more years and <br /> identifies the projects and the City's commitment thereto for the City's retention of the <br /> funds This report also contains the annual information on Water and Sewer Connection <br /> fees as required by SB1760. <br /> Staff published the required public hearing notice on November 30, 2016 in the Valley <br /> Times and made this report available to the public fifteen (15) days in advance of this <br /> meeting, as required by law <br /> RECO END/TION <br /> Adopt a resolution finding that certain development impact fees subject to AB1600 and <br /> SB1693 are unexpended after five years and the funds are committed to particular <br /> projects <br /> FIN/A NCI..&L STATE"Nfl ENT <br /> AB 1600 requires the development impact fees held by the City that meet the criteria <br /> described in this report be refunded if the findings in the attached resolution are not <br /> adopted <br />