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Proposed Resolution - Extend Short-term Deferral

City Council and Concurrent Authorities
February 7, 2023

Document
Proposed Resolution - Extend Short-term Deferral
Meeting
February 7, 2023
Body
City Council and Concurrent Authorities
Original file
27 KB
Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

Resolution No.

STOCKTON CITY COUNCIL

RESOLUTION AUTHORIZING THE REVISIONS AND EXTENSION OF THE NON-RESIDENTIAL PUBLIC FACILITIES FEE AND MITIGATION FEE SHORT-TERM FEE DEFERRAL PROGRAM UNTIL 2027 In 1991, the City Council adopted the Public Facilities Fee Program Administrative Guidelines (Resolution No. 91-0119) and was subsequently amended; and The City Council adopted Stockton Municipal Code section 16.72.260, creating, and establishing the authority for imposing and charging Public Facilities Fees on new development; and In 2017, the City Council adopted the Non-residential Public Facilities Fee and Mitigation Fee Short-term Deferral Program to provide temporary financial relief for developers of new commercial or industrial development who may elect to defer payment of eligible Public Facilities Fees and Mitigation Fees; and The City Council continues to identify several key goals for the City, including economic development and downtown/neighborhood revitalization; and The City would like to revise guidelines and extend the Non-residential Public Facilities Fee and Mitigation Fee Short-term Deferral Program through December 31, 2027, to provide additional economic development incentives and help support new commercial and industrial development in the City, effective immediately; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF STOCKTON, AS FOLLOWS:

The City hereby approves an extension of the Non-residential Public Facilities Fee and Mitigation Fee Short-term Deferral Program through December 31, 2027, unless extended or sooner terminated by the City Council. The City further approves of the revised Non-residential Public Facilities Fee and Mitigation Fee Short-term Deferral Program guidelines, effective immediately, and attached hereto as Exhibit 1. //
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The City Manager, or designee, is hereby authorized to execute Non-residential Fee Deferral agreements in accordance with the terms of the program guidelines and directed to take whatever actions are necessary and appropriate to carry out the purpose and intent of this Resolution.

PASSED, APPROVED, and ADOPTED February 7, 2023 .

KEVIN J. LINCOLN II
Mayor of the City of Stockton
ATTEST:

ELIZA R. GARZA, CMC
City Clerk of the City of Stockton

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