RES-2009-113RESOLUTION NO. 2009- 113
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM APPROVING THE AMOUNT OF THE PARK-IN
LIEU FEE FOR THE PLATINUM TRIANGLE AREA AND
RESCINDING RESOLUTION NO. 2008 -106
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
\naheim 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 determined that the
average cost of park development is Two Hundred Five Thousand, Five Hundred Four
Dollars and Eighty -Nine Cents ($205,504.98) per acre and the average cost of park land
acquisition is Two Million. Nine Hundred Forty Thousand, Three Hundred Dollars
$2.940.300.00) per acre: and
WHEREAS, in accordance with this formula, the park -in -lieu fees for the
Platinum Triangle may not exceed Nine Thousand Four Hundred Thirty-Seven Dollars
and Forty -One Cents $9.437.41): 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 2009 -2010 should not
increase above the prior fiscal year.
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 within the Platinum Triangle Area is:
Platinum Triangle Residential Unit: $8,114.01
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. 2008 -106 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rescinded upon the operative date of this Resolution.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 23rdiay of June 2009, by the following roll call
vote:
AYES: Mayor Pringle, Council Members Hernandez, Sidhu, Galloway, Kring
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
L4.1 AL.. AI(�Ot■_
.ATTEST:
CITY C ERK OF THE CITY OF NAHEIM
'2561.1 /bgranato /4 -14 -09
MA OF THE CIT A AHEIM