HomeMy WebLinkAboutAgenda Report - October 18, 2006 E-05A6110I11A ITEM Fw"Xq)
CTI'Y OF LODI
COUNCIL., COMMUNICATION
TM
AGENGA TITLE: Adop4 Resolution Authorizing Fee Paiymerit Agreement far
2223 West Ketitieman Lane
MEETING DATE: Octobw 18, 2006
PREPAPED BY: Public Works Director
RECOWAlUdDeD ACTION: Adopt a resolution approving a fee payment agreement for
2223 West Kettleman Lane and authorizing the City Manager and
City Clerk to execute the standard fee payment agreement on
behalf of the City.
BACKOROUND INFORMATION: The Lodi First Nazarene Church located at 2223 West Kettleman Lane
is requesting City wastewater and storm drainage services be provided
to the parcel. The use of the church facilities recently restarted after a
period of dormancy. Payment of Development Impact Mitigation Fees
as set forth in Title 15, Chapter 15.64 of the Lodi Municipal Code ($37,675.80), Kettleman Lift Station Fee
($19,201.05), and Tienda Drive Improvement Reimbursement ($8,863.74) is required for the services to be
provided. The total amount of the fees is $65,739.59.
The church's existing septic system has recently failed, and they are requesting an emergency connection
to the City's wastewater collection system and, at the same time, connection to the City's storm drainage
system is being requested. The church has expressed their willingness to pay the required fees but
request that they be allowed to pay the fees over time at a rate of approximately $1,000 per month (see
attached Exhibit A). Staff has prepared a fee payment agreement for the required fees with the term of 72
months and monthly payments of $1,087.94 at an interest rate of 5.95% (LAIF rate plus 1%).
The standard fee payment agreement provides for full payment upon sale or transfer of the property.
Any cost$ associated with the default of the agreement are recoverable and paid by the owner. The
agreement is bound to the land and is to be recorded.
The Church has paid the fee payment agreement preparation fee ($1,646.00). Staff feels the request for
the fee payment agreement is reasonable and recommends the Council approve the agreement.
FISCAL IMPACT- The fee payment agreement will lock -in the current fees which are subject
to annual adjustment. The exact amount of the adjusted fees is not known
at this time but the amount may be offset by the interest payment.
FUNDING AVAILABLE: Not applicable. r
Richard C. Prima,
Public Works Director
Prepared by Lyman Cheng, Associate Civil Engineer
RCPILCIpr4
Attachment
cc: Lynpn Chang, Associate Civil Engineer Rebecca Arsida, Management Analyst
FiratChurch of Nazarene
APPROVED:
Blair Ki ity Manager
J \DEV_SEWCFee PayinentAgrrrk_2223WK*ffleman.doc 10/1312006
EXHIBIT A
FEE PAYMENT AMORTIZATION SCHEDULE
Lodi Fust Church of Nazarene
2223 W. Kettleman Lane
(APN 027-410-16)
Total Fees: $65,739.59
Interestltate: 5.95% (4.95% LAII= rate plus 1%)
Term: 6 years
Payrr"nt No.
Unpaid EW&nce
Payment
Principal
Interest
1
$65,739.59
$1,087.94
$761.98
$325.96
2
$64,977.61
$1,087.94
$765.76
$322.18
3
$64,211.84
$1,087.94
$769.56
$318.38
4
$63,442.28
$1,087.94
$773.37
$314.57
5
$62,668.90
$1,087.94
$777.21
$310.73
6
$61,891.69
$1,087.94
$781.06
$306.88
7
$61,110.63
$1,087.94
$784.93
$303.01
8
$60,325.69
$1,087.94
$788.83
$299.11
9
$59,536.86
$1,087.94
$792.74
$295.20
10
$58,744.11
$1,087.94
$796.67
$291.27
11
$57,947.44
$1,087.94
$800.62
$287.32
12
$57,146.82
$1,087.94
$804.59
$283.35
13
$56,342.22
$1,087.94
$808.58
$279.36
14
$55,533.64
$1,087.94
$812.59
$275.35
15
$54,721.05
$1,087.94
$816.61
$271.33
16
$53,904.43
$1,087.94
$820.66
$267.28
17
$53,483.77
$1,087.94
$824.73
$263.21
18
$52,259.03
$1,087.94
$828.82
$259.12
19
$51,430.21
$1,087.94
$832.93
$255.01
20
$50,567.28
$1,087.94
$837.06
$250.88
21
$49,7160.21
$1,087.94
$841.21
$246.73
22
$48.919.00
$1,087.94
$845.38
$242.56
23
$48,073.61
$1,087.94
$849.57
$238.37
24
$47,224.04
$1,087.94
$853.79
$234.15
25
$46,370.25
$1,087.94
$858.02
$229.92
26
$45,512.22
$1,087.94
$862.28
$225.66
27
$44,649.94
$1,087.94
$866.55
$221.39
28
$43,783.38
$1,087.94
$870.85
$217.09
29
$42,912.53
$1,087.94
$875.17
$212.77
30
$42,037.36
$1,087.94
$879.50
$208.44
31
$41,157.85
$1,087.94
$883.87
$204.07
32
$40,273.98
$1,087.94
$888.25
$199.69
33
$39,385.72
$1,087.94
$892.65
$195.29
34
$38,493.07
$1,087.94
$897.08
$190.86
35
$37,595.99
$1,087.94
$901.53
$186.41
36
$36,664.45
$1,087,94
$906.00
$181.94
37
$35,708.45
$1,087.94
$910.49
$177.45
38
$34,877.95
$1,087.94
$915.00
$172.94
39
$33,962.95
$1,087.94
$919.54
$168.40
40
$33,043.41
$1,087.94
$924.10
$163.84
Page 1
EXHIBIT A
Payment No.
Unpaid Balance
Payment
Principal
Interest
41
$32,119.30
$1,087.94
$928.68
$159.26
42
$31,190.62
$1,087.94
$933.29
$154.65
43
$30,267.33
$1,087.94
$937.91
$150.03
44
$29,319.41
$1,087.94
$942.56
$145.38
45
$28,376.85
$1,087.94
$947.24
$140.70
46
$27,429.60
$1,087.94
$951.93
$136.01
47
$26,477.67
$1,087.94
$956.65
$131.29
48
$25,521.02
$1,087,94
$961.40
$126.54
49
$24,569.61
$1,087.94
$966.17
$121.77
50
$23,593.44
$1,087.94
$970.96
$116.98
51
$22,622.47
$1,087.94
$975.77
$112.17
52
$21,646.70
$1,087.94
$980.61
$107.33
53
$20,666.09
$1,087.94
$985.47
$102.47
54
$19,680.61
$1,087.94
$990.36
$97.58
55
$18,690.25
$1,087.94
$995.27
$92,67
56
$17,684.97
$1,087.94
$1,000.20
$87.74
57
$16,694.77
$1,087.94
$1,005.16
$82.78
58
$15,61119.61
$1,087.94
$1,010.15
$77.79
59
$14,679.45
$1,087.94
$1,015.15
$72.79
60
$13,664.30
$1,087.94
$1,020.19
$67.75
61
$12,644.10
$1,087.94
$1,025.25
$62.69
62
$11,618.85
$1,087.94
$1,030.33
$57.61
63
$10,568.52
$1,087.94
$1,035.44
$52.50
64
$9,553.07
$1,087.94
$1,040.57
$47.37
65
$8,512.50
$1,087.94
$1,045.73
$42,21
66
$7,416.76
$1,087.94
$1,050.92
$37.02
67
$6,415.84
$1,087.94
$1,056.13
$31.81
68
$5,359.71
$1,087.94
$1,061.36
$26.58
69
$4,298.34
$1,087.94
$1,066.63
$21.31
70
$3,231.71
$1,087.94
$1,071.92
$16.02
71
$2,159.79
$1,087.94
$1,077.23
$10.71
72
$1,082.55
$1,087.94
$1,082.57
$5.37
Page 2
RESOLUTION NO. 2006-184
A RESOLUTION OF THE LODI CITY COUNCIL
AUTHORIZING FEE PAYMENT AGREEMENT
FOR 2223 WEST KETTLEMAN LANE
==-C.--=�==-=3==C---�..�-------------•-��-----C�---------....--------
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to execute Fee Payment Agreement with the Lodi First
Nazarene Church to provide City wastewater and storm drainage services to the parcel
located at 2223 West Kettleman Lane.
Dated: October 18, 2006
I hereby certify that Resolution No. 2006-184 was passed and adopted by the
City Council of the City of Lodi in a regular meeting held October 18, 2006, by the
following vote:
AYES: COUNCIL MEMBERS — Beckman, Hansen, Johnson, Mounce,
and Mayor Hitchcock
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
RAND] JOHL
City Clerk
2006-184
CITY COUNCIL CITY OF L O D I
SUSAN HITCHCOCK, BLAIR KING,
Mayor �....r City Manager
1M
BOB JOHNSON, JENNIFER M. PERRIN.
Mayor Pro Tempore Interim City Clerk
JOHN BECKMAN W
LARRY D. HANSEN D. STEPHEN SCHWABAUER.
JOANNE MOUNCE
PUBLIC WORKS DEPARTMENT City Attorney
CITY HALL. 221 WEST PINE STREET ; P.O. BOX 3006 RICHARD C. PRIMA. JR_,
LODI, CALIFORNIA 95241-1910 Public Works Director
TELEPHONE (209) 333-6706 / FAX (209) 333-7710
EMAIL pwdept@lodi.gov
http:l/www.Iodi.gov
October 12, 2006
Lodi First Nazarene Church
2223 W. Kettleman Lane
Lodi. CA 95242
SUBJECT: Adopt Resolution Authorizing Fee Payment Agreement for
2223 West Kettleman Lane
Enclosed is a copy of bockground information on an item on the City Council agenda of
Wednesday, October 1$, 2006. The meeting will be held at 7 p.m. in the
City Council Chamber, Carnegie Forum, 305 West Pine Street.
This item is on the consent calendar and is usually not discussed unless a
Council Member requests discussion. The public is given an opportunity to address
items on the consent calendar at the appropriate time.
If you wish to write to the City Council, please address your letter to City Council,
City of Lodi, P. 4. Box 3006, Lodi, California, 95241-1910. Be sure to allow time for the
mail. Or, you may hand -deliver the letter to City Hall, 221 West Pine Street.
If you wish to address the Council at the Council Meeting, be sure to fill out a speaker's
card (available at the Comegie Forum immediately prior to the start of the meeting) and
give it to the City Clerk. If you have any questions about communicating with the
Council, please contact Jennifer Perrin, Interim City Cleric, at 333-6702.
If you have any questions about the item itself, please call Lyman Chang,
Associate Civil Engineer, at 333-6800, extension 2665.
T'
Richard C. Prima, Jr.
lY Public Works Director
RCPi'pm#
Enclosure
cc: ' City Clerk
J:\DEV_SERVWCFee Payment Agmt_WnWKettleman.doc