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Home My Public Portal About60 Development Impact Fees on Deposit in Excess of Five Years ' TOWN OF TRUCKEE California RESOLUTION 2016 -60 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE WHEREAS, California government code section 66001, article 4 requires specific findings be made in order to retain development impact fees which have been on deposit in a municipality in excess of five years; and WHEREAS, at the conclusion of the 2015/2016 fiscal year the AB 1600 (traffic impact) fee program account contained $3,697,676 in funds respectively which had been deposited in excess of five years prior to the end of the fiscal year; and WHEREAS, the source of the $3,697,676 deposited but unspent in the AB 1600 (traffic impact) fee program fund in excess of five years prior to the end of the 2015/2016 fiscal year was the unexpended portion of the $16,449,512 in revenues which were deposited into the fund prior to fiscal year 2011/2012. NOW THEREFORE BE IT RESOLVED that the council hereby make the following findings; 1. Funds which were deposited in the Town of Truckee AB 1600 (traffic impact) fee program fund in excess of five years prior to the end of the 2015/2016 fiscal year are intended for expenditure on elements of current projects such as the West River Street Bike Lane and on elements of future projects such as the Pioneer Trail extension/Bridge Street extension project, which is included in the capital improvement project list approved at the February 9, 2016 Town Council meeting in the Truckee Area AB 1600 Traffic Impact Fee Study (LSC, February 1, 2016). 2. A reasonable relationship between the fee and the purpose for which it is charged is shown in the Truckee Area AB 1600 Traffic Impact Fee Study (LSC, February 1, 2016) approved by the Town Council through Ordinance No. 2016-03 on February 23, 2016. Town Council adopted Resolution 2016-07 on April 12, 2016 revising implementation procedures for the - collection of traffic impact fees under Ordinance No. 2016-03. 3. The sources and amounts of funding anticipated to complete financing of any incomplete improvements, the approximate dates when funding is expected to be deposited, and the approximate dates of completion of those projects are shown on Exhibit A, incorporated by reference herein. 4. The funds which are on deposit in the AB 1600 (traffic impact) fee program fund, which were collected in excess of 5 years prior to the end of the 2015/2016 fiscal year, or are on deposit in excess of the prescribed five year limit established by government code section 66001, article 4 for the following reasons: a. Implementation of certain projects in the current and previous AB 1600 (traffic impact) fee program capital improvement project list is dictated by schedules of other agencies which preclude expenditure of these funds within the prescribed five year time frame. b. Interest which is earned on AB 1600 (traffic impact) fee program fund balances will be I used to offset increases in construction cost inflation. c. Certain projects within the AB 1600 (traffic impact) fee program will require funds in excess of those which could be collected within a five year time frame. d. Certain projects within the current and previous AB 1600 (traffic impact) fee program capital improvement project lists require in excess of five years of project development time due to the complexity of engineering, permitting, and environmental requirements necessary for project implementation. • 5. Given the information in the Findings, no funds deposited in the AB 1600 (traffic impact) fee program funds in excess of five years prior to the end of the 2015/2016 fiscal year shall be due or refundable to the sources from which they were collected. The foregoing Resolution was introduced by Vice Mayor Wallace Dee, seconded by Council Member Tirman, at a Regular Meeting of the Truckee Town Council, held on the 13th day of December, 2016 and adopted by the following vote: AYES: Vice Mayor Wallace Dee, Council Member Tirman, Council Member Flora, Council Member Abrams, and Mayor Goodwin. NOES: none. i ABSENT: none. // _. ' Morgan Goodwin, Mayor ATTEST: 4. Judy P ice, M t", Town Clerk 111 I EXHIBIT A Status-Estimated Estimated Total Traffic Impact Fee Construction Street/Intersection Segment Description of Improvement Cost($) Funding Commencement Truckee Intersections Donner Pass Road/Cold Stream Road/1-80 ES Ramps Construct 1-Lane Roundabout $3,619,350 $2,569,700 Sole Donner Pass Road/1-80 WE Ramps(West Interchange) Construct 1-Lane Roundabout $3,519,350 $2,859,300 2010 West River Street/McIver Crossing Construct 1-Lane Roundabout $2,585,250 $2,481,800 .2020 Donner Pass Road/Bridge Street Construct 1-Lane Roundabout or Equivalent $2,585,250 $2,145,800 >2020 Improvements Bridge Street/West River Street Construct 1-Lane Roundabout or Equivalent $2,585,250 $2,145,800 >2020 Impmvements Donner Pass Road/1-80 EB Off Ramp(East Interchange) Connect 1-Lane Roundabout $3,619,350 $3,583,200 .2020 Donner Pass Road/Pioneer Trail Convert to 2-Lane Roundabout $775,575 $767,800 >2020 SR 267/1-80 WE Ramps Conshect 2-Lane Roundabout $4,136,400 $3,846,900 >2020 SR 267/180 EB Ramps Construct 2-Lane Roundabout $4,136,400 $3,681,400 >2020 SR 267/Brockway Road Construct 3-Lane Roundabout $4,136,400 $3,764,100 >2020 Glenshire Drive/Dorchester Road(Wen) Eastbound Left Tum Lane $517,050 $268,900 2017 SR 89 North/Rainbow Road Southbound Left Tum Lane $517,060 $470,500 >2020 1 Brookwsy Road/Reynolds Way Eastbound Leff Tum Lane $517.050 $501,500 2517 Donner Pass Road/Scuta Shore Drive Westbound Loft Tum Lens $517,050 $434,300 >2020 Truckee Roadways 2 Travel Lanes from Pioneer Commerce Center to Pioneer Trail 8 Bridge Street Extensions Nortawoods Blvd.and from Jibboom SL to Pioneer Trail $20,682,000 $20,682,000 .2020 (I) Church StreetExtend from DPR to Glenshire Drive to Address Extension Donner Pass Road to Glenshire Drive GlenshirelDPR Deficiency Extend $5,687,600 .2020 SR 267 Brockway to Placer County Line Widen to 4 Lanes $4,239,810 $3,391,800 >2020 Glenshire Drive Berkshire Circle to Wiltshire Lane Add Shoulders $2,740,365 $1,085,200 2017 Donner Pass Road South Shore Drive to Town Limits Add Shoulders $1,344,330 $435,600 >2020 West River Street Alt Add Shoulders $2,350,000 $902,400 2018 Nevada County Roadway Glenshire Drive/ Hirshchdale Rd. Truckee Tom Limits to 1-80 WE Ramps Add Shoulders $3,102,300 $2,574,900 >2020 Improvements SUBTOTAL:Truckee and Eastern Nevada County(Current Fee Program) $74,013,130 $64,200,500 Estimated Expenditures on Mousehole Project Subsequent to June 30,2015 $800,069 Truckee Area Fair Share Contributions to Eastern Placer Improvements $9,59.5,291 Total:Truckee+Eastern Placer Projects $74,675,791 Credit for Placer County Traffic Impacts Already Included in Truckee TE Program 48,004,391 Cumulative AB 1600 Funds In Account as of July 1,2016 46,803,491 Additional Funds Not Yet Collected $61,887,909 Note 1:A portion of this project including Comstock Dr and part of Pioneer Trail have been completed. sauna,lac rnnspawm Consann a. I