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HomeMy WebLinkAbout1990-002 . , , . SBE00099-18/3338S/dc 12/27/89 0320 RESOLUTION NO. qO 7 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, REVISING THE AMOUNT OF AN INFRASTRUCTURE FEE TO BE LEVIED FOR RIGHT-OF-WAY IMPROVEMENTS AND PUBLIC IMPROVEMENTS WHEREAS, the City of San Bernardino, California (the "City") has on December 4, 1989, previously adopted an Urgency Ordinance (the "December Urgency Ordinance") which established and authorized the levy of an infrastructure fee (the "Infrastructure Fee") for the purposes of funding the costs of certain Right-of-Way Improvements and Public Improvements, all as more fully described in the December Urgency Ordinance; and WHEREAS, in connection with its adoption of the December Urgency Ordinance, the City on December 4, 1989, also adopted a Resolution (the "December Resolution") setting the amount of the Infrastructure fee; and WHEREAS, the City has simultaneously herewith adopted an Urgency Ordinance (the "January Urgency Ordinance") extending the date of the December Urgency Ordinance and making technical revisions thereto in order to provide for the funding of the Right-of-Way Improvements and the Public Improvements; and WHEREAS, the City deems it necessary to adopt this Resolution in order to provide for a revision to the amount of the - 1 - . Infrastructure Fee set in the December Resolution which revision is attributable to the inclusion within the definition of Right-of-Way Improvements as defined in the December Urgency Ordinance, of certain portions of Palm Avenue between Kendall Avenue and Verdemont Avenue, which portions are immediately adjacent to undeveloped properties. NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. Infrastructure Fee. The Infrastructure Fee as established pursuant to the December Urgency Ordinance and set by the December Resolution is hereby revised to be the amount of $7,375.00 per Equivalent Dwelling Unit as said term is defined in the December urgency Ordinance. Said Infrastructure Fee shall be subject to further increase pursuant to the terms of any subsequent resolutions to be adopted by the Mayor and Common Council as may be deemed necessary in the best interests of the City. Section 2. Voluntarv Prepayment. At the option fee payer or developer, the total dollar amount of Infrastructure Fee set by this Resolution and attributable parcel of property of such fee payer or developer within Verdemont Area may be VOluntarily prepaid immediately upon effective date of this Resolution and for a periOd of thirty days thereafter. Such voluntary prepayment will exempt the of a the to a the the (30) fee - 2 - . , payer or developer from paying any increases in the Infrastructure Fee which may be attributable solely to an increase in the costs of the Right-of-Way Improvements or the Public Improvements or the financing of the Right-of-Way Improvements or the Public Improvements. As an alternative, any fee payer or developer may (i) receive as a credit towards the Infrastructure Fee attributable to such fee payer or developer, all or a portion of the costs of any Right-of-Way Improvements that may be or may have been acquired, constructed or installed by such fee payer or developer or (ii) may voluntarily prepay only a portion of the initial Infrastructure Fee subj ect to such fee payer or developer' s commitment to pay the remaining portion of the Infrastructure Fee as hereinafter provided. In the event a fee payer or a developer opts to pay only a portion of the Infrastructure Fee as hereinabove provided, the portion to be prepaid shall equal thirty percent (30%) of the entire Infrastructure Fee attributable to such fee payer or developer and said fee payer or developer will execute an agreement with the City whereby such fee payer or developer will agree to pay the remaining balance of the Infrastructure Fee attributable to such fee payer or developer, with interest accruing at twelve percent (12%) annually, at the earlier of (i) the time such fee payer or developer would otherwise be required to pay the Infrastructure Fee under the terms of the December urgency Ordinance or (ii) December 4, 1994. Section 3. Time of Pavrnent. To the extent any fee payer or developer does not vOluntarily prepay the Infrastructure Fee as provided in Section 2, hereof, the Infrastructure Fees as set - 3 - . , . forth in this Resolution and attributable to a parcel of property of such fee payer or developer within the Verdemont Area shall be paid at the times and in the manner as set forth in the December Urgency Ordinance. Section 4. This Resolution shall take effect upon the date of its adoption and shall remain in effect for the same period that the January Urgency Ordinance remains in effect, and for the period of any extensions to the January Urgency Ordinance. I HEREBY adopted by the San Bernardino at held on the ,rn the following vote, CERTIFY that Mayor and a n ad i ourned day of to wit: the foregoing Common Counci 1 reaular resolution of the meeting was duly Ci ty of thereof, 1990, by .1Hnllnry , AYES: Council Members Rp; lly Mrlllrl!":lpy Minnr Mi IIp-r NAYS: rr\11nr<; 1 M""mh;:::>rc:: PlAY""-=:: Pone-Ludlam ABSENT: COlIne;l Memher Estrada day of ~/.Ur/?/..4h4l'/ City Clerk The foregoing resolution is hereby approved this -)It," .1nnllHry , 1990. Approved as to form and legal content: JAMES F. PENMAN City Attorney BY~J - 4 -