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HomeMy WebLinkAbout2015-12-01; City Council; Resolution 2015-2991 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 EXHIBIT I RESOLUTION NO. 2015-299 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, ACCEPTING THE ANNUAL FINANCIAL REPORT ON CAPITAL PROJECT FUNDS AND SPECIAL TAXES PURSUANT TO CALIFORNIA GOVERNMENT CODE SECTIONS 50075, 66001 AND 66006 WHEREAS, the City of Carlsbad is required to make certain findings every five years with respect to the unexpended fund balance of certain development fee funds pursuant to California Government Code Section 66001; and WHEREAS, the City of Carlsbad is required to make certain findings annually with respect to special taxes collected and expended pursuant to California Government Code Section 50075; and WHEREAS, the information to make the required findings can be found in the Fiscal Year 2015-16 Capital Improvement Program on file with the City Clerk; and WHEREAS, these findings need to be made in conjunction with the public information required by California Government Code Sections 50075 and 66006. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California as follows: 1. That the above recitations are true and correct. 2. That the following findings are made as required under California Government Code Sections 50075 and 66006: a. That the purpose to which the developer fee and special taxes are to be put has been identified. b. That a reasonable relationship has been demonstrated between the developer fee and the purpose for which it is charged. ( I c. That all sources and amounts of funding anticipated to complete financing on incomplete improvements have been identified. d. That the approximate dates on which the funding referred to above is expected to be deposited into the appropriate fund have been designated. 3. That these findings are based on information provided in the City of Carlsbad's Fiscal Year 2015-16 Operating Budget and Capital Improvement Program, which is incorporated herein by reference. s 1 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City 2 of Carlsbad on the pt day of December 2015, by the following vote to wit: 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 AYES: Council Members Hall, Blackburn, Packard , Wood, Schumacher. NOES: None. ABSENT: None. ATTEST: ,_BARBARA ENGLES(?JN, City Clerk (SEAL)