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2005-234RESOLUTION N0.2005- 234 A RESOLUTION OF THE CITY COUNCII. OF THE CITY OF ANAHEIM ADJUSTING THE AMOUNT OF THE PARK IN- LIEU FEE AND RESCINDING RESOLUTION N0.2004R-128. WHEREAS, the City Council has heretofore adopted and amended Sections 1708.240,17.08.250,17.08.260,17.34.010,17.34.020 and 17.34.030 of the Anaheim Municipal Code establishing a formula for determining maximum park and recreation land dedication or in- lieu fees for the City of Anaheim; and WHEREAS, the following fees to be charged do not exceed the actual cost of acquisition and development of parks in the City of Anaheim and do not exceed the maximum fees authorized pursuant to said sections of the Anaheim Municipal Code; and WHEREAS, the City Council hereby finds and determines that the average cost of park development is One Hundred Eighty-Five Thousand, Nine Hundred Thirteen Dollars and Thirty-four Cents ($185,913.34) per acre and the average cost of park land acquisition is One Million, One Thousand ,Eight Hundred Eighty Dollars ($1,001,880.00)per acre; and WHEREAS, in accordance with this formula, the parkin lieu fees for single family, apartment units and mobile homes would range from $8,457.09 through $5,962.71; and WHEREAS, the City Council believes it is in the best interests of the City of Anaheim and in concert with the desire of the City Council to maintain a stable economic environment that the park in lieu fees for fiscal year 2005-2006 should not be increased above the prior fiscal year by a percentage greater than fifteen percent (15%). NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the park in-lieu fee to be paid as a condition of development of each residential unit is: 15% Increase from FY 04/05 1. Single Family Detached Unit $ 6,936.46 2. Single Family Attached Unit $ 5,388.14 3. Apartment Units - 2 to 4 Units $ 6,998.39 4. Apartment Units - 5 or more Units $ 5,408.78 5. Mobilehome Unit $ 4,149.49 BE IT FURTHER RESOLVED that this Resolution shall become operative sixty {60) days following its date of adoption. BE IT FURTHER RESOLVED that Resolution No. 2004R-128 shall be rescinded upon the operative date of this Resolution. 'THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 20th Day of December , 2005, by the following roll call vote: AYES: Mayor Pringle, Coucil Members Sidhu, Hernandez, Galloway, Chavez NOES: None ABSENT: None ABSTAIN: None crrY o a~nv~ By MAYOR OF TIC ANAHEIM ATTE~ C CLE OF CTfY OF ANAHEIM 40Q23,9 2