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HomeMy WebLinkAboutAgenda Report - August 21, 1991 (85)OOFCI� OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Report on Master Storm Drain Fund MEETING DATE: August 21, 1991 PREPARED BY: Public Works Director RECOWENDED ACTION : None, Information only. BACKGROUND INFORMATION: State law requires that an annual reporting of development impact mitigation fees be made within sixty days of the close of the local agencies' fiscal year. Ordinarily, a more detailed report would be prepared as part of the capital improvement program and fee update. This year, this is being done as part of the new development impact fee ordinance which will incorporate the exi sti r.g Master Storm Drain Fund. The attached sheet shows the history of the 123.1 Master Storm Drain (AB 1600) fund. In addition to the repayment of the initial loan from the old Master Storm Drain Fund, some engineering work was done on the following budgeted projects: Project G-Sasin Excavation Orchis Drive Trunk Line Storm Drain System Engineering Status Project delayece for site plan Project to be built with Sunwest Plaza Shopping Center Preliminary work done; will make recommendation to City Council in September/October 1991 As a matter of interest, the previous Master Storm Drain Fund (123.0) has a balance of approximately $615,000 which could be advanced again to the 123.1 fund. This fund has been kept separate in order to help finance drainage improvements in the existing developed areas. FUNDING: Not applicable. Jack L. Ronsko -� Public Works Director Prepared by Richard C. Prima, Assistant City Engineer JLR/RCP/lm Attachment cc: Finance Director APPROVED:-�IY�t2•�___�- ��-'�_l"� _ THOMAS A. PETERSON city Manugor CCMASTER/TXTW.OIL (CO.COM) August 13, 1991 City of Lodi i=tscai Year Beg. Balance Fees Collected Fternwits S 4,395.64 $ 22,200.00 1988/89 -S 100,000.00 ••S 30,185.00 1989/90 112,380.64 65,273.00 1990/91 191,382.53 116,775.00 Master Storm Drain System Storm Drain Fee History Interest • Expenditures End. Balance Fternwits S 4,395.64 $ 22,200.00 $ 112,380.64 completed project MSD019. deleted MSDO06 13,728.89 0.00 191,382.53 doleted project MSD019 17,143.42 108, 823.80 216,477.15 repaid $100,000 loan frcm 123.0 fund Belinning halence of $100,000. loaned from 123.0tund, repaid in 1990;91 •' Feet collected Includes dedurts for refund*, etc. may not metch revenue report GA15. 3/13/91 FEE_HISTALS t cc, CITY OF LODI SPECIAL A'_LOCATION REQUEST .TO: finance Director DATE: August 28, 1391 FROM: City Clerk PROJECT NUMBER: l� �•i --. SZ25- � `{ �qc� Request, is made for funds to accomplish the following project which was not included in the current budget: Description of Project Estimated Cost Funding reggwired for an appraisal of the property needed for the E -Basin (Westgate Yark) expansion $10,000 Note: Funds to be appropriated from the Master Storm Drain Fund (123.1) (If you need more space, use additional sheet a0 attach to this form) Date of Approval - 8/21/91 Amount Approved - $10,000 Council XXXXX C i ty Manager FUND OR ACCOUNT TO BE CHARGEC Current Budget # Prior Year Reserve $ Contingent Fund $ General Fund Surplus $ Capital Outlay Reserve $ Gas Tax Fund $ U t. i l i t y Outlay Reserve $_ Hotel/Motel Tax Reserve -- $ General Fund Operating Reserve $ — Other (Election) $ Master Storm Drain Fund (123.1) -$10,000 on/Flynn, Finance ^i or" Alice M. Reimche,,/ City Clerk Submit th;s form in duplicate to the Finance Director. Distribution after approval will be as follows: 1) Uriginating Department 2) Finance Department