HomeMy WebLinkAbout1988-06-20; Parks & Recreation Commission; 688-5; Zone 5 Park Mitigation Fee updatePARK & RECREATION COMMISSION - AGENDA BILL
AB4 688-5
MTG 6-20-88
DPPT P & R
TITLE- ZONE 5 PARK MITIGATION FEE UPDATE DEPT. HD.
P.1TY ATTY
CITY MGR.
RECOMMENDED ACTION:
Accept and File.
ITEM EXPLANATION:
At the May 16, 1988, Parks and Recreation Commission meeting, an
update of the Zone 5 Park Mitigation Fee was given. As a follow
up to that discussion, a memo from the Finance Director outlines
the amount of funds which have been billed to and collected from
Zone 5 developers.
FISCAL IMPACT:
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Total amount billed to Zone 5 Park Fees (account #880-519-93-05-
0000) three hundred seventy eight thousand, one hundred thirty
eight dollars ($378,138). Total amount collected to date, two
hundred three thousand, eight hundred sixty four dollars
($203,864).
EXHIBITS;
1. Memo - Phil Carter
2. Memo - Finance Director
Ou 023
MEMORANDUM
MAY 19, 1988
TO: DAVE BRADSTREET, PARKS AND RECREATION DIRECTOR
FROM: PHILIP O. CARTER, GROWTH MANAGEMENT MANAGER
SUBJECT: COLLECTION OF THE LOCAL FACILITY MANAGEMENT FEE IN ZONE
5.
During my presentation to the Parks and Recreation Commission
Monday night I provided them some brief information dealing with
the amount of funds that have been collected in Zone 5 as a
result of the adoption of the Local Facilities Management Fee for
parks. As you are aware the fee being collected by the City is
$.40 per sg^iare foot of development. Attached is a memo to the
Community Development Director from the Finance Director which
details the amount of funds that have been collected to date. As
you can see $378,138.00 have been billed and a total of
$203,864.80 have been collected.
POC:af
Attachment
EXHIBIT 1
DATE: MAY 17, 1988
TO: COMMUNITY DEVELOPMENT
FROM: FINANCE DEPARTMENT
The amounts below represent the status of the accounts as of the date listed
above. These figures will be provided on a weekly basis.
7
PUBLIC FACILITY
FEES
320-210
FACILITY MGMT FEES
880-518-93-06-0000
ZONE 5 PARK FEES
880-519-93-05-0000
TOTAL BILLED $1.982.785.75
TOTAL CANCELED $117.543.10
TOTAL $1,865.215.65
TOTAL PAID $1,071,484.79
LESS REFUNDS
TOTAL DUE
$5.157.94
$793,730.86
$277.140.00
$35.030.00
$242,110.00
$70,370.00
-0-
$171,740.00
'$370.138.00
-0-
$370,138.00
$203.864.80
-0-
$166,273.20
James Elliott
Finance Director
JE/ma
cc: City Attorney
City Manager
025
EXHIBIT 2
DATE: MAY 17, 1988
TO: COMMUNITY DEVELOPMENT
CITY MANAGER
CITY ATTORNEY
SUBJECT: PAYMENT REPORT OF PUBLIC FACILITY FEES, FACILITY MANAGEMENT
FEES, AND ZONE 5 PARK FEES
Due to computer program difficulties, the weekly report cannot be
issued this week. Please mark last weeks report with the following
invoices paid:
Inv.# 828
Inv.# 854
Inv.# 855
Inv.# 878
Inv.# 886
Inv.# 990
$16,322.22
$2,500.00
$2,500.00
$103,874.46
$1,500.00
Paid in full
Partial Payment
Partial Payment
Paid in full
Partial Payment
$39,370.00 increased to $40,610.00 (Not Paid)
James Elliott
Finance Director
JE/ma
02G
EXHIBIT 2