Resolution 2006-79
RESOLUTION NO. 2006-79
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GILROY APPROVING AN ADJUSTMENT OF THE TRAFFIC
IMPACT FEE BASED ON REVIEW OF THE COSTS OF THE
TRAFFIC PROJECTS BASED UPON ACTUAL AND/OR
FORESEEABLE COSTS BEING EXPERIENCED BY THE
BUILDING INDUSTRY
WHEREAS, on October 18, 2004, the City Council adjusted the Traffic Impact Fee pursuant
to Resolution No. 2004-90; and
WHEREAS, on November 1, 2004, the City Council adopted Resolution 2004-95, which sets
forth the City's policy in relation to annual adjustments of the Traffic Impact Fee ("the TIF"); and
WHEREAS, pursuant to Resolution 2004-95, the TIP shall be adjusted by resolution ofthe
City Council annually effective January 1 of each calendar year based upon a review ofthe overall
budgets and unit costs for each project scheduled for funding from the TIP; and
WHEREAS, pursuant to Resolution No. 2004-95, the City hired independent engineering
firm to conduct project review and unit cost analysis based on actual and/or foreseeable costs being
experienced by the building industry; and
WHEREAS, the project review and unit cost analysis was completed and the resulting fee
adjustment corresponds to the overall change in the TIF budget caused by the updated unit costs and
project review; and
WHEREAS, the City now wishes to adjust the TIF in accordance with the results of that
review and analysis.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Gilroy
approves the TIF as set forth in Exhibit "A" hereto and incorporated herein by this reference, to be
effective February 16,2007.
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WH1711184.1
Resolution No. 2006-79
PASSED AND ADOPTED this 18th day of December, 2006 by the following vote:
AYES:
COUNCILMEMBERS:
ARELLANO, BRACCO, CORREA,
GARTMAN, VALIQUETTE, VELASCO, and
PINHEIRO
NOES:
COUNCILMEMBERS:
NONE
ABSENT: COUNCILMEMBERS:
NONE
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Rhonda Pellin, City Clerk
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Resolution No. 2006-79
. ..
Exhibit" A"
The following Traffic Impact Fee schedule is established for the City of Gilroy:
FUND 433: TRAFFIC
Residential - Low Density
Residential - High Density
Commercial - Low Traffic + Assembly Hall
Commercial - High Traffic
Industrial - General
Industrial - Warehouse
-3-
\JHI711184.1
$/unit
$/unit
$/ksf
$/ksf
$/ksf
$/ksf
11,487
9,311
12,709
25,671
5,037
3,651
Resolution No. 2006-
I, RHONDA PELLIN, City Clerk of the City of Gilroy, do hereby certify that the attached
Resolution No. 2006-79 is an original resolution, or true and correct copy of a city resolution,
duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the
18th day of December, 2006, at which meeting a quorum was present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of
the City of Gilroy this 22nd day of December, 2006.
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City Clerk of the City of Gilroy
(Seal)