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CC - 2016-60 - Annual Report on Development Impact Fees as of June 30,2016 RESOLUTION NO.2016-60 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, REGARDING THE ANNUAL REPORT ON DEVELOPMENT IMPACT FEES AS OF JUNE 30,2016 WHEREAS, Government Code Sections 66000 regulate the imposition, collections, maintenance, expenditure and reporting of impact fees imposed on developers for the purpose of defraying costs of public facilities; and WHEREAS,the City of Rosemead("City")has established four impact fees to be collected from developers that are subject to Government Code Sections 66000 requirements. Those funds are the Traffic Impact Fee (Fund 250), the Public Safety Impact Fee (Fund 251), the General Governmental Impact Fee(Fund 252), and the Parks Impact Fee(Fund 253); and WHEREAS, the City has prepared an annual report for FY 2015/16 in accordance with Go Code Section 66006 reflecting the beginning and ending balances in each separate fund containing impact fees,the amount of fees collected and the interest earned for the year,the amount of expenditures and refunds made in the year and a description of the type of fees; and WHEREAS, a copy of the annual report has been on file and available for review in the City Clerk's office at City of Rosemead City Hall since November 28, 2016 as noticed in the Rosemead Reader; and NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF ROSEMEAD,DOES HEREBY RESOLVE, DECLARE,DETERMINE,AND ORDER AS FOLLOWS: SECTION 1.That the City Council of the City of Rosemead accepted the attached Annual Report on Development Impact Fees for Fiscal Year Ended June 30, 2016, SECTION 2.The City Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect. PASSED, APPROVED, AND ADOPTED this 13th day of December, 2016. r`((1to 4 Sandra Armenta, ayor APPROVED AS TO FORM: ATTEST: Rachel Richman, City Attorney Marc Donohue, City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) § CITY OF ROSEMEAD I, Marc Donohue, City Clerk of the City Council of the City of Rosemead, California, do hereby certify that the foregoing City Council Resolution, No. 2016-60, was duly adopted by the City Council of the City of Rosemead, California, at a regular meeting thereof held on the 13th day of December 2016,by the following vote, to wit: AYES: ALARCON. ARMENTA, CLARK, LOW, LY NOES: NONE ABSENT: NONE ABSTAIN: NONF. Sae -- Marc Donohue, City Clerk