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Attachment 2 - EMID Resolution

Foster City City Council
December 16, 2024

Document
Attachment 2 - EMID Resolution
Meeting
December 16, 2024
Body
Foster City City Council
Original file
35 KB
Text extracted from the city's file for reading and search. Open the original on fostercity.primegov.com. That file is the official record.

RESOLUTION NO. _____________

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ESTERO MUNICIPAL

IMPROVEMENT DISTRICT ACCEPTING THE ANNUAL DEVELOPMENT IMPACT FEE AND CAPACITY FEE REPORT FOR FISCAL YEAR 2023-2024

ESTERO MUNICIPAL IMPROVEMENT DISTRICT
WHEREAS, local agencies often charge a fee as a condition of approval for development projects to fund improvements to compensate for the demands that the developments have on public resources known as Development Impact Fee; and WHEREAS, in 1989, the State Legislature passed Assembly Bill 1600 (AB 1600), which added Sections 66000 et seq. to the California Government Code known as Mitigation Impact Fee; and
WHEREAS, the District assesses four Development Impact Fees – Affordable Housing Commercial Linkage Fee, Park Facilities Impact Fee, Public Safety Impact Fee, and Transportation Impact Fee – and two Capacity Fees – Water Capacity Fee and Wastewater Capacity Fee; and
WHEREAS, pursuant to Government Code Section 66006 (b)(1), AB 1600 requires local agencies to report the Impact fees and Capacity fees collected and their use annually; and
WHEREAS, staff has completed the annual development impact fee and capacity fee report for FY 2023-2024.

NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Estero Municipal Improvement District does hereby accept the Annual Development Impact Fee and Capacity Fee report for the Fiscal Year 2023-2024.

PASSED AND ADOPTED as a resolution of the Board of Directors of the Estero Municipal Improvement District at the Regular Meeting held on the 16 th day of December 2024 by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:
______________________________

STACY JIMENEZ, PRESIDENT
ATTEST:
_______________________________________

PRISCILLA SCHAUS, DISTRICT SECRETARY

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