Resolution No. 2287RESOLUTION NO 2287
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
ESTABLISHING A METHOD AND INDEX FOR UPDATING THE DRAINAGE
FEE FOR THE MASTER PLAN OF DRAINAGE TO REFLECT INCREASES
IN CONSTRUCTION COSTS
062
WHEREAS, the Cypress City Council approved the City Engineer's report
on February 13 1968 which established a drainage fee of $1 100 per acre, and
WHEREAS, the drainage fee was based on construction costs in effect in
February 1968• and
WHEREAS, there has been a substantial increase in construction costs
since 1968; and
WHEREAS, the drainage fee established in 1968 should be revised to
reflect current cost, and
WHEREAS the weekly construction magazine ENGINEERING NEWS -RECORD
published by McGraw-Hill, Inc in New York, N Y publishes a construction
cost index history for the Los Angeles area beginning in 1954, and
WHEREAS the cost index published by ENGINEERING NEWS -RECORD is an
acceptable index of general construction costs, and
WHEREAS, general construction costs are indicated in the column
titled CCI for the Los Angeles cost index, and
WHEREAS the ratio between the construction cost index for 1968
and 1980 is 2 870• and
WHEREAS, applying this ratio to the drainage fee of $1,100 00 per acre
established in February 1968 results in a revised fee of $3 157 00 per acre
effective March 1980; and
WHEREAS, it is desired to update the drainage fee annually based on
the ENGINEERING NEWS -RECORD cost index,
NOW, THEREFORE, BE IT RESOLVED that the drainage fee of $1,100 00 per
acre established in February 1968 shall be updated annually based on the
cost index for construction costs in Los Angeles as published by ENGINEERING
NEWS -RECORD, New York New York The drainage fee shall be updated on or
before July 1 of each year based upon the most recent such cost index For
the fiscal year commencing July 1 1980 the drainage fee shall be $3,157 00
PASSED AND ADOPTED by the City Council of the City of Cypress at a
regular meeting held on the 8th day of September 1980
ATTEST:
CITY ERK THE CITY OF CYPRESS
STATE OF CALIFORNIA ) SS
COUNTY OF ORANGE )
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MAYOR OF 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 8th day of September 1980, by the following
roll call vote*
AYES. 4 COUNCIL MEMBERS' Coronado, Mullen, Rowan and Evans
NOES: 0 COUNCIL MEMBERS. None
ABSENT. 1 COUNCIL MEMBERS' Lacayo
CITY CLERK OF THE F CYPRESS
CI Y 0