RES-2007-109RESOLUTION NO. 2007-1 09
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM ADJUSTING THE AMOUNT OF THE PARK IN
LIEU FEE FOR THE PLATINUM TRIANGLE AREA AND
RESCINDING RESOLUTION NO. 2006 -140
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 1734.030 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 determined that the
average cost of park development is One Hundred Eighty -Five Thousand, Nine Hundred
Thirteen Dollars and Thirty -Four Cents ($1 85,913.34) 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 Three Hundred Seventy -Eight Dollars
and Sixty -Four Cents ($9,378.64); 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 2007 -2008 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. 2006 -140 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rescinded upon the operative date of this Resolution.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 thisigthDay of 2007, by the following roll call
vote:
AYES:
NOES:
ABSENT:
ABSTAIN NONE
CITY ANAHEIMJ
By
MAYOR OF THE CITY ANAHEIM
ATTEST:
6U01.2
101.2
Mayor Pringle, Council Members Hernandez, Sidhu, Galloway, Kring
NONE
NONE