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Correspondence Regarding the Fee Program

City Council/Public Finance and Economic Development Authority/Parking Authority
February 7, 2022

Document
Correspondence Regarding the Fee Program
Meeting
February 7, 2022
Body
City Council/Public Finance and Economic Development Authority/Parking Authority
Original file
6.8 MB
Text extracted from the city's file for reading and search. Open the original on cityofmerced.legistar1.com. That file is the official record.

From: Lee Kolligian
To: cityclerk
Cc: Flores, Kim; Espinosa, Kim; Rick Telegan
Date: Tuesday, January 18, 2022 1:45:22 PM
Attachments: 20220117091513682.pdf
To : Mayor Serratto and Honorable City Council Members :

In April, 2006, the City of Merced, Bright Development and three (3) of our limited liability companies entered into a Pre-Annexation Development Agreement (“PADA”) for property located along the east side of “G” Street between Bellevue and Cardella Roads.

PADA required us to sell to the City of
a portion of one (1) our properties for a future Community Park (not yet improved).

The City later requested, and we agreed, that the amount of the Impact Fee relating to Park land to be charged for our planned single-family subdivision be deducted from the Purchase Price and credited towards the Park land fee for our proposed subdivision.

The amount of fee credit for our
subdivision (in effect, pre-paid in 2007) is in excess of $900,000.

We are
requesting that the City, as a part of this process to modify, change and/or update the Impact Fee Program as it relates to Parks, acknowledge our fee credit that was established in PADA and pre-paid for our City approved (June, 2020) 140-lot Vesting Tentative Subdivision Map # 1312 [see the attached pertinent pages].

Also, for clarification purposes, what is the definition of an "Institutional" use and why are they no longer included?

Please make this email a part of the official record. Thank you for your attention to this matter.

Best Regards,
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Lee J. Kolligian
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