HomeMy WebLinkAbout1993-05-04; City Council; 12202; REIMPURSEMENT OF TRAFFIC IMPACT FEES (PLAZA PASEO REAL)-3 e-
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-PLAZA PASEO REAL- AB # m TITLE: REIMBURSEMENT OF TRAFFIC IMPACT FEES DEPT,
CITY I
DEPT. ENG CITY I
RECOMMENDED ACTION:
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ADOPT Resolution No. 7? * /i b
Company.
ITEM EXPLANATION:
reimbursing Traffic Impact Fees to Johnsoi
On February 1, 1989 the Planning Commission adopted Resolution No. 281 2 app
SDP 86-1 1 (A) for the Plaza Paseo Real Shopping Center at the corner of El Caminl
and Alga Road. A condition placed on this shopping center as part of th
Development Plan approval was for the construction of intersection improvement
Camino Real and Alga Road. The construction requirements included the wider
both roadways, median improvements including colored concrete and traffic
modifications. These improvements have since been satisfactorily comple
accordance with the approved street improvement plans. An accounting
construction invoices indicated that the street improvements cost $404,000 to cor
During the approval process and subsequent construction of the Plaza Pase
Shopping Center, City staff was completing a study which revised the Traffic Imp2
(TIF) program. A lower Traffic Impact Fee of $1 19,568.00 was collected with issu:
building permits for the shopping center with an understanding that appr
adjustments will be made upon adoption of the revised TIF program and the corn
of the required intersection improvements.
On October 1, 1991 the City Council adopted the TIF program which establishec
structure to fund construction of various circulation facilities throughout the c
accordance with the newly adopted fee structure, the Plaza Paseo Real Shopping
is obligated to pay a TIF of $340,230. The TIF program further recommended that
of $250,000 be appropriated to fund the intersection improvements at El Camino Rc
Alga Road.
Since the Johnson Wax Development Company built a circulation facility identifiei adopted TIF program, they are eligible for a $250,000 credit and reimbursement
paid in excess of their total obligation.
The accounting is as follows:
Traffic Impact Fee Due $340,230
Less Credit for Traffic Impact Fees Previous1 paid (1 19,568)
(- Less Credit for contribution of a TIF Facility tX
Credit due to Johnson Wax Development Company
(1) The credit for construction of a TIF facility is based on the amount include4 City's Capital Improvement Program for that facility.
(29,338)
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PAGE TWO OF AB# IX, k.l L
Staff is therefore recommending that the City reimburse Johnson Wax Develo
Company $29,338.
FISCAL IMPACT:
The total reimbursement for Johnson Wax Development Company is $2
Reimbursement of these fees have no effect on the scheduling and funding o
circulation facilities as outlined in the adopted Traffic llmpact Fee Program.
Reimbursements should be funded through Account INo. 31 0-81 0-0000-8743
EXHIBITS:
1. Resolution No. -1 J - I R-L reimbursing Traffic Impact Fees to Johnso
Development Company.
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RESOLUTION NO. 93-122
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLS BAD, CALIFORNIA REIMBURSING TRAFFIC IMPACT
FEES TO JOHNSON COMPANY WAX DEVELOPMENT
WHEREAS, the City Council of the City of Carlsbad, California on October 1
adopted the Traffic Impact Fee program authorizing the collection of fees to fund v
circulation facilities within the City: and
WHEREAS, the City Council of the City of Carlsbad, California on October 1
adopted Resolution No. 91 -326 approving a list of circulation facilities which are to be '
through the collection of Traffic Impact Fees and included the intersection of El Camir
and Alga Road; and
WHEREAS, Resolution No. 91 -326 established the estimated costs associatt
intersection improvements at El Camino Real and Alga Road at $250,000; and
WHEREAS, the Johnson Wax Development Company received approval
Development Plan No. 86-1 1 (A) which contained a condition requiring the construc
intersection improvements including traffic signal modifications at El Camino Real ai
Road intersection; and
WHEREAS, the Johnson Wax Development Company completed the r
intersection improvements in accordance with the approved street improvement plan 1
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satisfaction of the City Engineer; and
WHEREAS, Traffic Impact Fees were assessed in conjunction with the issu
building permits for the shell buildings constructed by Johnson Wax Developmer
amount of $1 19,568; and
WHEREAS, it is necessary to adjust the Traffic Impact Fees with respect to th
Impact Fees associated with the Plaza Paseo Real Shopping Center and the con!
costs affiliated with the required intersection improvements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of tha City of C
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California as follows:
1.
2.
That the above recitations are true and correct,
The intersection of El Camino Real and Alga Road was constructed
Johnson Wax Development Cornpany as required by conditions of approval f
Development Plan No. 86-1 1 (A) for the Plaza Paseo Real Shopping Center to the sati:
of the City Engineer.
3. Traffic Impact Fees were collected from Johnson Wax Development Cc
conoxrent with issuance of buiidiny permits. The fees were collected pursuant to (
18.42 and were placed in a general account designated for use for improvements sigr
Resolution No. 91 -326, These funds were designztted to fund circulation improvemenl
are included in the City’s Capital Improvement Program Budget.
4. The combined Traffic Impact Fees paid by Johnson Wax Devel
Company and the costs associated with the intersection improvements at El Camino R
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Alga Road exceed the required Traffic Impact Fees associated with the Plaza Pasf
Shopping Center. A reimbursable amount of $29,338 should be refunded to Johnsc
Development Company due to the extent of the cost for constructing the required inter
imp rove men t s.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlst
Council held on the 4th day of MAY , 1993 by the following vote, to wit:
AYES: Council Members Lewis, Stanton, Kulchin, Nygaard, 1
NOES: None
ABSENT: None
ATTEST:
ALETHA L. RAUTENKRANZ, City Clerk d
(SEAL)
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