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HomeMy WebLinkAboutResolution No. 3283177 RESOLUTION NO. 3283 A RESOLUTION OF THE CITY OF CYPRESS RELATING TO THE ADOPTION OF ORDINANCE NO. 778. WHEREAS, the City of Cypress (the "City "), pursuant to the home rule provisions of Article II, Section 5 and Section 7 of the California Constitution, is authorized to make and enforce all ordinances and regulations with respect to municipal affairs which are not in conflict with the laws of the State; and WHEREAS, Article XI, Section 7 of the constitution of the State of California authorizes the City, in the exercise of its police powers, to impose fees upon land developments having an adverse impact upon City improvements; and WHEREAS, the City Council has adopted Resolution No. 3282 of the City, setting forth its policies regarding the allocation of the cost of public improvements which will benefit developed properties, and the imposition of fees therefor; and WHEREAS, the City Council, upon communication with City staff and its independent consultants, has considered various options for the allocation for such costs; and WHEREAS, the City Council has determined that one means of providing for the financing of public improvements which are necessitated by the development of undeveloped land within the City is the imposition of development fees to be levied at the earliest stages of the planning and review process for the devel- opment of such properties in order to finance specific improve- ments; and WHEREAS, the City staff and independent consultants of the City have determined that certain specific public improvements are necessary to accommodate the increased volume of traffic which will result from the development of property within the City designated as "Business Park" (BP) in the Land Use Element of the City's General Plan, as approved by Resolution No. 3121, adopted July 28, 1986, and amended by Resolution No. 3136, adopted September 22, 1986; and WHEREAS, the City Council has determined that a resolution providing for the imposition of public improvement fees to fi- nance such improvements is necessary and appropriate and will promote the public interest and welfare of all of the citizens of Cypress; and WHEREAS, this resolution is intended to implement the General Plan of the City of Cypress, Circulation Element, as approved by Resolution No. 3121, adopted on July 28, 1986. NOW, THEREFORE, BE IT RESOLVED By the City Council of the City of Cypress, California: Section 1. The foregoing recitals are true and correct. Section 2. The City Council hereby expresses its intention to cause development fees to be levied for the purpose of financ- ing the traffic improvements which are described on Exhibit A, attached hereto and incorporated herein for all purposes (the "Public Improvements "). The City Council finds that the con- struction and installation of said Public Improvements are neces- sary to accommodate the increased volume of traffic which will result from the development of undeveloped property within the City, designated as "Business Park" (BP) in the Land Use Element of the City's General Plan. Section 3. The City Council hereby determines that a Public Improvement Fee shall be imposed pursuant to the Ordinance in the 179 amount of $0.44 per square foot of gross building floor area , excluding retail and hotel developments, to finance the cost of the Public Improvements. Section 4. The fee to be imposed by the Ordinance (the "Public Improvement Fee ") shall be used to defray the cost of constructing and installing the Public Improvements as more fully set forth in the Ordinance. The Public Improvement Fee shall be deposited by the City in a special account. At such time as the City has accumulated sufficient amounts of Public Improvement Fee, along with accrued interest, to commence the construction and installation of any part of the Public Improvements, amounts shall be drawn from said special account for that purpose. PASSED AND ADOPTED by the City Council of the City of Cy- press at a regular meeting held on the 27th day of July, 1987. ATTEST: CI Y CtERK F TH CITY OF CYPRESS STATE OF CALIFORNIA ) SS COUNTY OF ORANGE F THE CITY OF CYPRESS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 27th day of July, 1987, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Arnold, Coronado, Davis, NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None Mullen and Kanel CITY CLERK` OF TH'E CITY OF CYPRESS EXHIBIT A CYPRESS BUSINESS PARK CAPITAL IMPROVEMENTS FOR TRAFFIC MITIGATION IMPROVEMENT Intersection Modifications 1. Bloomfield /Cerritos 2. Bloomfield /Cerritos Right -of -Way 3. Cerritos /Moody 4. Walker /Ball 5. Walker /Cerritos 6. Valley View /Ball 7. Valley View /Cerritos 8. Valley View /Katella 9. Valley View /Katella Right -of -Way 10. Valley View /Katella Bypass Road 11. Valley View /Katella Bypass Road Right -of -Way 12. Holder /Ball 13. Holder /Katella 14. Knott /Cerritos 15. Knott /Orangewood 16. Valley View /Orangewood (excluding west leg by developer) 17. Signal Interconnection Hardware • JUNE 19, 1987 179 ESTIMATED COST Public Imprvmt.Fee Developer Total $ 74,800 - $ 74,800 20, 000 43, 700 50, 700 40, 000 148, 600 103, 500 538, 600 132, 000 918, 000 1,937,000 41,600 103, 000 45, 700 38, 800 93, 200 30, 000 Street System Improvements 18. Holder Street Connection Across Stanton Channel 120,000 19. Katella Avenue Widening Valley View to Holder (North Side) 20. Cerritos Avenue Widening Walker to Progress (South Side) 21. Valley View Widening Plaza to Katella (West Side) TOTALS: 63, 800 $120, 000 34, 500 20, 000 43, 700 50, 700 160, 000 148, 600 138, 000 538, 600 132, 000 918, 000 1,937,000 41, 600 103, 000 45, 700 38,800 93, 200 30, 000 110,000 230,000 34, 300 (AHFP) 98, 100 67,000 - 67,000 160,000 - 160,000 $4,770,000 $298,800 $5,068,800 *Developer Participation Not Determined