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Resolution No. 4400RESOLUTION NO. 4400 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS ESTABLISHING REGIONAL TRAFFIC IMPROVEMENT FEES FOR DEVELOPMENT WITHIN THE CITY OF CYPRESS WHEREAS, the City Council of the City of Cypress did on September 12, 1994, adopt Ordinance No. 926 establishing regional traffic impact fee requirements for new development /redevelopment within the City of Cypress; and, WHEREAS, said ordinance put forth that the fee amounts shall be established by resolution of the City Council; and, WHEREAS, the City Council finds and determines as follows: A. The City is committed to the provision of regional circulation improvements at the levels necessary to mitigate regional service deficiencies resulting from new development within the City. B. A Regional Traffic Impact Fee is one of the preferred methods of ensuring that new development bears a proportionate share of the cost of regional traffic improvements necessary to accommodate such development. This must be done in order to protect the public health, safety, and welfare. C. The City Council of the City of Cypress has the authority to adopt this Resolution pursuant to Government Code Section 66000 et seq. D. The City Council, after careful consideration of the matter, hereby finds and declares that a Regional Traffic Impact Fee imposed upon residential and nonresidential development in order to finance Regional Traffic Improvements, the demand for which is created by such developments, is in the best interest of the general welfare of the City and its residents, is equitable, does not impose an unfair burden on such development by forcing developers and builders to pay more than their fair or proportionate share of the cost, and deems it advisable to adopt this Resolution as hereinafter set forth. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CYPRESS DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS: SECTION 1. That the Regional Traffic Impact Fees authorized by Ordinance No. are hereby established as shown on Exhibit "A". SECTION 2. That said fees were based on the Regional Traffic Impact Fee Study dated August 1994, and that said fees may be revised by the City Council to incorporate the findings and conclusions of subsequent studies. SECTION 3. That the Regional Traffic Impact Fees collected pursuant to Ordinance No. and this Resolution shall be expended on the provision of regional traffic improvement projects and programs as approved by the City Council. Such expenditures may include, but shall not be limited to, the following: A. The reimbursement to cities adjacent to Cypress for the City's share of direct and indirect costs incurred by said cities for the development of regional traffic improvement projects and programs pursuant to Ordinance No. 926, including but not limited to, the costs of land acquisition, planning, legal advice, engineering, design, construction and equipment. B. The reimbursement for all costs incurred by the City associated with the administration of each account. C. The issuance of bonds or notes, secured by the appropriate Reserve Account, for the provision of regional traffic improvement projects and programs. 74 SECTION 4. That not later than January 30 of each year following the date of adoption of this Resolution, a report shall be prepared by the City Manager for the City Council to make findings with respect to any portion of the regional traffic improvement fees remaining unexpended or uncommitted in its account five or more years after deposit of those fees, to identify the purpose to which the fees are to be put, and to demonstrate a reasonable relationship between the fees and the purpose for which they were charged. The required findings need only be made for moneys in the possession of the City. The City Council shall review the report at a noticed public hearing. The City shall refund to the current record owner on a prorated basis the unexpended portion of collected fees with interest, for which need cannot be demonstrated pursuant to this section. SECTION 5. The Mayor shall sign this resolution and the City Clerk shall attest and certify to the passage and adoption thereof. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 11th day of October, 1994. MAYOR OF THE CITY OF CYPRESS ATTEST: CITY CLERK 0 THE CJ5 Y 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 duly adopted at a regular meeting of the said City Council held on the 1 lth day of October, 1994, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Age,Bowman, Kerry, Nicholson NOES: 0 COUNCIL MEMBERS: None and Partin ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF TH ITY OF CYPRESS EXHIBIT A Pe,„ . « 6 k 7 k k/ -0 - �2 ~� 49 &Q 2Q � 0 11 11 11 \ a 2 d / § + + % / • \'q ± o/ 0 %� Q) / ƒ ) / o k \ \ 8 .¢ [ % 2 '0 /7 a. I-. g \ / �§ k k k k / \ �0 - ] ƒ ) § e c 0u ƒ // bA /§ 2 + a' _ . V / \ u / 0 .- / ° 2 ® / q ) %.$ 2 / .\ Q A § m o. [ b 9 / ƒ a J w ƒ± { 2/ / 0 8ƒ V, -- ■ II ■ -0 .0 ƒ ƒ ( t q / ƒ $a ƒ \2 /\ �/ - ® .. • • 0 w 0 2 ' ¥ 2 u 3 \ flk 6 o _o 0 Q u O@ -0 �S � / 2 ) e '4E UcQ Q ' I I I jc 76 EXHIBIT A - 1 REGIONAL TRAFFIC IMPROVEMENT FEE RATES LAND USE FEE RATE COMMERCIAL - RETAIL • Shopping Center Total Size o < 50,000 SF • 100,000 SF • 200,000 SF • 300,000 SF $0.16 $0.15 $0.13 $0.12 * Restaurant o Fast Food w /Drive- Through o Fast Food w/o Drive - Through o High Turnover (Family) $0.71 o Quality (Dinner House) $0.22 * Hotel locations, * Motel * Discount Store (Freestanding) * Hardware /Paint Store * New Car Sales RESIDENTIAL $36 $36 $0.12 $0.18 $0.14 * Single Family (Low Density) $52 * Low Rise Condo /Townhome (Medium Density) • Low Rise Apartment (High Density) $44 $31 * Retirement Community $13.46 * Elderly Housing (Attached) $ 3.85 $1.64 $1.43 DESCRIPTOR per SF per SF per SF per SF per SF per SF per SF per SF per Room per Room per SF per SF per SF per DU per DU per DU per DU per DU NOTES Includes 50% Passby Credit Includes 40% Passby Credit Includes 30% Passby Credit Includes 25% Passby Credit Includes 40% Passby Credit Includes 40% Passby Credit Includes 25% Passby Credit Includes 10% Passby Credit Given the potential the business hotel rates were used. 77 AND USE OFFICE, INDUSTRIAL * General Office Total Size EXHIBIT A - 2 REGIONAL TRAFFIC IMPROVEMENT FEE RATES FEE RATE DESCRIPTOR NOTES o < 50,000 SF $0.13 per SF o 100,000 SF $0.11 per SF o 200,000 SF $0.10 per SF o 400,000 SF $0.08 per SF o 600,000 SF $0.07 per SF o 800,000 SF or greater $0.06 per SF Single Tenant /Corporate Office $0.11 per SF " Research & Development $0.07 per SF Warehouse $0.04 per SF " Light Industrial $0.06 per SF ,; Manufacturing $0.05 per SF