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RES-2011-086RESOLUTION NO. 2011- 086 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM APPROVING THE AMOUNT OF THE PARK- IN -LIEU FEE AND RESCINDING RESOLUTION NO. 2010-094 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 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 Six Hundred Thirty -Five Thousand Dollars ($635,000.00) per acre and the average cost of park land acquisition is Two Million, Seven Hundred Eighty -Seven Thousand, Eight Hundred Forty Dollars ($2,787,840.00) per acre; and WHEREAS, in accordance with this formula, the park in lieu fees for single family apartment units and mobile homes would range from Twenty -Four Thousand, Three Hundred Seventy Dollars and Sixty -Two Cents ($24,370.62) through Seventeen Thousand, One Hundred Eighty -Two Dollars and Sixty -Six Cents ($17,182.66); 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 2011 -2012 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 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 BE IT FURTHER RESOLVED that Resolution No. 2010 -094 shall be rescinded upon the operative date of this Resolution.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 14th day of ,Tune , 2011, by the following roll call vote: AYES: Mayor Tait, Council Members Sidhu, Eastman, Galloway and Murray NOES: None ABSENT: None ABSTAIN: None CITY OF ANAHEIM By MA OR OF THE CITY OF ANAHEIM ATTEST: mh& V'bi CITY CLERK OF THE CITY OF A AHEIM CA0483719- vl- Reso_Park_in_ lieu fees_(2011).WPD /bmor1ey