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RES-2006-141RESOLUTION N0.2006- 141 A RESOLUTION OF THE CITY COUNCII. OF THE CITY OF ANAHEIM ADJUSTING THE AMOUNT OF THE PARK IN-LIEU FEE AND RESCINDING RESOLUTION N0.2005-234 WHEREAS, the City Council has heretofore adopted and amended Sections 17.08.240, 17.08.250, 17.08.260, 17.34.010, 17.34.020, and 17.34.030 of the Anaheim Munccipal Code establishing a formula for determining maximum pazk and recreation land dedication or in-lieu fees for~the City of Anaheim; and WHEREAS, the following fees to be chazged do not exceed the actual cost of acquisition and development of pazks 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 fords and determined that the average cost of pazk 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 pazk in lieu fees for single family apartment units and mobile homes would range from Eight Thousand Four Hundred Fifty-Seven Dollars and Nine Cents ($8,457.09) through Five Thousand Nine Hundred Sixty-Two Dollazs and Seventy-One Cents ($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 pazk in lieu fees for fiscal yeaz 2006_-2007 should not increase above the prior fiscal yeaz. NOW, THEREFORE, BE TT RESOLVED by the City Council of the City of Anaheim that the pazk in-lieu fee to be paid as a condition of development of each residential unit is: Single Family Detached Units: $6,936.46 Single Family Attached Units: $5,388.14 Apartment Units - 2 to 4 Units: $6,998.39 Apartment Units - 5 or more Units: $5,408.78 Mobile Home 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 BE IT FURTHER RESOLVED that Resolution No. 2005-234 shall be rescinded upon the operative date of this Resolution.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 2U Day of Jae, 2006, by the following roll call vote: AYES: Mayor Pringle, Council Members Sidhu, flernandez~, Galloway, Chavez NOES: Noae ABSENT: None ABSTAIN None CITY OF AN IM By MAYOR OF THE CITY O IM ATTEST: CITY C K OF CITY OF AHEIM e~ ~oo.~~irr~~brob