HomeMy WebLinkAboutCC AG PKT 2003-04-28 #F ,
AGENDA REPORT
DATE: April 28, 2003
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Pamela Arends -King, Director of Administrative Services/Treasurer
SUBJECT: Annual Report of Development Traffic Impact Fees
SUMMARY OF REQUEST:
Receive and file the annual Development Traffic Impact Fees report.
BACKGROUND:
Government Code Section 66006(b)(1) requires that a report summarizing all activity for
fees collected from development projects. The City collects a traffic impact fees that are
accounted for in a deposit account. Attached is a spreadsheet outlining the fees collected
from individuals and businesses for traffic impact fees and interest allocated annually.
The traffic impact fees will be used to help fund the Seal Beach Blvd overpass- widening
project.
FISCAL IMPACT:
The development traffic impact fees do not affect the General Fund.
RECOMMENDATION:
Receive and file the annual Development Traffic Impact Fees report.
frs- z z let _ _ di- v.. 4 .- o 4 --,k4:4Q
Pamela Arends -King
Di - to of A • . 0 istrative Se + - - s/Treasurer
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John :fahorslci
City anager
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