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Resolution No. 3438 J�� RESOLUTION NO. 3438 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS RELATING TO VESTING TENTATIVE MAP FEES AS AUTHORIZED BY ARTICLE IX, "VESTING TENTATIVE MAPS, " SECTION 25-58 OF THE CODE OF THE CITY OF CYPRESS WHEREAS, The City Council of the City of Cypress adopted Resolution No. 3056 on February 24, 1986 in accordance with Article IX, Section 25-58 of the Code of the City of Cypress; and, WHEREAS, Said Resolution established a fee schedule for the filing of "Vesting Tentative Maps; " and, WHEREAS, Said Resolution set the filing fee as follows : Vesting Residential Tentative Subdivision Maps (including Parcel Maps) Application Fee: $250 .00 plus $5.00 per lot Final Subdivision Maps (including Parcel Maps) Application Fee: $65.00 plus $5.00 per lot $250 .00 minimum; and, WHEREAS, Because of the length of time a "Vesting Tentative Map" may be valid and the inability to impose new regulations on said map application once it is accepted as complete and vests, significant staff time is required in concentrated segments which is not normally required for non-vesting maps; and, WHEREAS, Subsequent to the establishment of the above referened fee, additional costs have been identified which should be reimbursed by applicants for a "Vesting Tentative Map; " and, WHEREAS, The approval by the City Council of a "Vesting Tentative Map" naturally results in a substantial increase in the value of the property covered by the "Vesting Tentative Map. " NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Cypress that the fee for filing a "Vesting Tentative Map" is set at: Vesting Tentative Subdivision Maps (including Parcel Maps ) Application Fee: $450.00 plus $5 .00 per lot J8 Amendments to Vesting Tentative Subdivision Maps (including Parcel Maps) Application Fee: $450.00 plus $5.00 per lot. Final Subdivision Maps (including Parcel Maps) Application Fee: $150 .00 plus $5.00 per lot $300.00 minimum. PASSED, APPROVED, AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 22nd day of August , 1988 . ; 04;71e%4400.4/ 4;0� YO OF THE CITY OF CYPRESS ATTEST: �� ��rie//r Leb CITY C lK OF THE CIT OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss I, DARRELL ESSEX, City Clerk of the City of Cypress DO HEREBY CERTIFY that the foregoing Resolution was adopted at a regular meeting of the said City Council held on the 22nd day of August , 1988 by the following role call vote: AYES: 4 COUNCIL MEMBERS Coronado, Kanel, Mullen & Arnold NOES: 0 COUNCIL MEMBERS None ABSENT: 1 COUNCIL MEMBERS Davis CITY CLERK OF TH CITY OF CYPRESS -2-