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Resolution Number 02-05-07-02RESOLUTION NO. 02-05-07-02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, AMENDING CITY COUNCIL RESOLUTION NO. 92-9-15-4 TO AMEND PARK IN -LIEU OF DEDICATION FEES Whereas, the City Council adopted Resolution No. 92-9-15-4, which established a Park In -Lieu schedule for residential subdivisions; and, Whereas, during the intervening years the cost of vacant land to provide park land necessary to meet demands created from new residential development has increased; and, Whereas, Section 9-4.308 established the formula for establishing land values; and, Whereas, the City has conducted an analysis which included recent land appraisal dated March 18, 2002, prepared for the City which would satisfy the general criteria for parks as set forth in the Parks and Recreation Element of the General Plan. Whereas, the City has conducted a duly noticed public hearing on May 7, 2002 to receive public testimony on the proposed fee schedule either in favor or -- opposition. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of San Juan Capistrano, California, that Resolution No. 92-9-15-4 be amended to read as follows: Park In -Lieu of Dedication Fees For units in subdivisions of 50 or more units, value of land is $725,000.00 per acre (Per Municipal Code Section 9-4.308 For units in subdivisions of 49 units or less the in -lieu fee is as follows: a. Single Familydetached dwelling units ............................... $11,600.00per unit b. Attached units, including duplex, townhomes and apartments................................................................$10,512.00 perunit C. Mobile Homes...................................................................$6,525.00 per unit BE IT FURTHER RESOLVED, that the Parks, Recreation, and Equestrian Commission is hereby directed to conduct annual reviews of the Park In -Lieu of Dedication Fee Schedule to determine if any increase is warranted, based upon increased appraised value of land. PASSED, APPROVED, AND ADOPTED, this 7`h day of May 2002. Attest: ► '� "` Ma gr t R. Monahan, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARGARET R. MONAHAN, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 02-05-07-02as duly adopted by the City Council of the City of San Juan Capistrano at a regular meeting thereof, held the 7th day of May 2002, by the following vote: AYES: COUNCIL MEMBERS: Hart, Campbell, Swerdlin, Gelff and Mayor Bathgate NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None (" MA ARET R. MONAHAN, City Clerk