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HomeMy WebLinkAbout1992-098 ( 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION No. 92-98 RESOLUTION OF THE CITY OF SAN BERNARDINO ESTABLISHING A SPECIAL FEE AREA FOR PALM AVENUE BOX CULVERT AT CABLE CREEK AND TRAFFIC SIGNALS AT PALM AVENUE AND KENDALL DRIVE. WITNESSETH: WHEREAS, development of the area in the vi ci ni ty of Palm Avenue and Kendall Dri ve is conti ngent upon the construction of the Box Culvert at Cable Creek and Palm Avenue and the Traffic Signals at Palm Avenue and Kendall Drive, and WHEREAS, construction of the box culvert and traffic signal is needed to provide full access and protection for the existing and future development; and WHEREAS, authorization to proceed with AD 987 has been granted for a 50% portion of the required funding, and WHEREAS, no other financing plan has been established to fund the remaining 50% cost of the improvements; and WHEREAS, the Ci ty has advanced funds for constructi on of the required improvements based on a loan from the Economic Development Agency; and WHEREAS, a public hearing was duly advertised and held on March 2,1992, and duly closed; and WHEREAS, it is necessary to impose a special fee of $0.02 per square foot of net lot area on all development within the Palm/Kendall Signal and Drain Special Fee Area, NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: SECTION 1: Prior to building permit approval within the Palm/Kendall Signal and Drain Special Fee Area, the following special fees shall be paid in addition to the normal fees: 2/12/92 1 (1) For all development, a fee of $0.02 per 2 square foot of the lot, excluding dedicated streets. 3 (2) Said special fee shall be adjusted annually 4 each July 15, in the amount of the change in the yearly 5 Construction Cost Index as published in the Engineering News 6 Record as of July 7 of each year. 7 SECTION 2. The Palm/Kendall Signal and Drain 8 Special Fee is augmented by Assessment District No. 987 which is 9 paying a 50% share of the costs. 10 SECTION 3. The Palm/Kendall Signal and Drain 11 Special Fee area is described as follows: 12 That area shown as Zone 1 of Assessment Di stri ct No. 13 987 as recorded wi th the County of San Bernardi no, offi ci al 14 records, Book 63, pages 53-72, of Assessment Di stri ct and 15 Community Facilities District Maps, and filed with the City 16 Department of Publ i c Works, in Book 29 begi nni ng at Page 25 of 17 Assessment District Maps. 18 SECTION 4. Funds coll ected from the speci al fees 19 in this area shall be applied as a repayment of a loan, 20 including interest, to the Palm/Kendall and Drain Special Fee 21 Area. 22 23 24 25 26 27 28 -2- 2/12/92 RES 0 : EST A B LI S H I Ii G S P E C I A L FEE ARE A FOR PAL M A V E N U E B a.x C U L V E R T AT CABLE CREEK AND TRAFFIC SIGNALS AT PALM AVENUE AND KENDALL DRIVE 1 2 3 4 I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Counci 1 of the Ci ty of San Bernardino at a regular meeting thereof, held on the 16th day of March , 1992, by the following vote, 5 to-wit: 6 Council Members: 7 ESTRADA 8 REILLY 9 HERNANDEZ 10 MAUDSLEY 11 MINOR 12 POPE-LUDLAM 13 MILLER 14 15 16 AYES NAYS ABSTAIN ABSENT x x x x x x x ~~s~rk approv Ythi s / / _\1~ The day of fOregOin~ r~ol uti on is hereby n D./If , 1992. /;l; ,~//7 17 18 19 20 21 22 23 24 BY: Approved as to form and legal content: JAMES F. PENMAN City Attorney 25 26 27 28