FY 2020-21 DIF Funds Annual Report AB 1600CONSENT CALENDAR ITEM NO. 11
City of La Quinta
CITY COUNCIL MEETING: March 15, 2022
STAFF REPORT
AGENDA TITLE: RECEIVE AND FILE FISCAL YEAR 2020/21 DEVELOPMENT
PROJECT FEE REPORT
RECOMMENDATION
Receive and file the fiscal year 2020/21 Development Project Fee Report.
EXECUTIVE SUMMARY
• Development Impact Fees (DIF) are imposed on new construction to help
offset impacts created by new development on City facilities and
infrastructure.
• The State Mitigation Fee Act requires the City to annually report on the
receipts and expenditures of DIF Funds for the last five years within 180
days of the close of the fiscal year.
• The City must use, or pledge to use, the developer fees on City facilities
and infrastructure within five years of receipt; or present findings if that
was not the case.
• Staff has completed the required analysis (Attachments 1 and 2) and in
all cases the City has complied with the time limit to expend or commit
fees for future projects.
FISCAL IMPACT - None.
BACKGROUND/ANALYSIS
The City has three development project category fees subject to State
requirements: Infrastructure, Quimby, and DIF. Annually, the City reports on
the following:
• Brief description on the type of fee in the account or fund;
• Amount of the fee;
• Beginning and ending balance of the account or fund;
• Amount of fees collected and interest earned;
177
• Each public improvement on which fees were expended, the amount of
expenditures, and total percentage of the project completed and costs
funded with the fee;
• Description of each interfund transfer, loan, and the public improvement
funded.
The City must also report payments received pursuant to development
agreements entered into after January 1, 2004. A schedule of development
agreement payments received, and expenditures are noted in Attachment 2.
All projects were reported in the prior fiscal year. Unspent balances will be
evaluated for appropriation during the 2022/23 budget cycle.
Fund
Unspent Balance
Civic Center DIF (Fund 252)
$ 498,620
Community Center DIF (Fund 254)
$ 109,387
Street Maintenance DIF (Fund 255)
$ 43,288
Park Maintenance DIF (Fund 256)
$5,995
Fire Protection DIF (Fund 257)
$197,260
Maintenance Facilities DIF (Fund 259)
$ 47,015
Each year these reports are also provided to the Desert Valley Builders
Association (DVBA), the Building Industry Association (BIA), and the Gas
Company. The DVBA has notified the City that will issue a letter of satisfaction.
To date, no other correspondence has been received regarding these reports.
RNATIVES
This report is required by State, staff does not recommend an alternative.
Prepared by: Claudia Martinez, Finance Director
Approved by: Jon McMillen, City Manager
Attachments: 1. FY 2020/21 Development Project Fee Report
2. FY 2020/21 Developer Agreement Activity Report
178
2021 AB1600 Report
La Quinta Development Project Fee Report
Quimby Fees (Fund 220)
Government Code 66000 Calculation
FYE 6/30/2021
ATTACHMENT 1
The City's Quimby Special Revenue Fund is used to account for the accumulation of developer fees received under the
provisions of the Quimby Act for park development and improvements.
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Contributions from Property Owners
Transfers In
57,228
(21,813)
-
-
Total Revenue Sources
35,415
Expenditures & Other Uses
Transfers out Capital Projects
-
1,600,989
Total Uses
1,600,989
Total Available
$1,565,574
$(1,565,574)
$ -
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
Revenues Collected from 2018
Revenues Collected from 2019
Revenues Collected from 2020
Revenues Collected from 2021
5,434,667
5,005,547
4,595,916
3,429,137
1,565,574
128,218
53,307
129,832
69,689
35,415
557,338
462,938
1,296,611
1,933,252
1,600,989
3,985,916
7,298,488
4,714,876
2,781,625
1,180,635
1,019,631
(2,702,572)
(1,285,739)
(1,216,051)
(1,180,635)
Total Revenue For Last Five Years
$ 416,461
$5,851,129
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete**
%funded with
fee
151609 North La Quinta Regional Skate and BMX
Park
1,600,989
917,635
63%
78%
201903 Skate Park Conversion
-
263,000
0%
100%
Total
$1,600,989
$ 1,180,635
** Percentage completed as of 6/30/2021
179
2021 AB1600 Report
La Quinta Development Project Fee Report
Infrastructure Fee (Fund 225)
Government Code 66000 Calculation
FYE 6/30/2021
The Infrastructure fee fund is used to account for the accumulation of resources, provided through developer fees for
the acquisition, construction or improvement of the City's infrastructure as defined in Resolution 2013-006.
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees *
Interest Income
Reimbursements
-
(10)
-
Total Revenue Sources
$ (10)
Expenditures & Other Uses
Capital Projects
Project Administration/Internal Engineering
-
-
-
Total Uses
-
Total Available
$ 19,408
$ (10)
$ 19,398
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues I
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
23,618
114
-
22,618
1,114
Revenues Collected from 2018
23,732
182
-
22,618
1,296
Revenues Collected from 2019
23,914
733
4,543
24,028
(3,924)
Revenues Collected from 2020
20,104
715
1,410
22,618
(3,210)
Revenues Collected from 2021
19,408
(10)
-
22,618
(3,220)
Total Revenue For Last Five Years
$ 1,734 $
5,953
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete**
% funded with
fee
151603 La Quinta Village Complete Streets - Road
Diet
-
22,618
95%
0.18%
Total
-
$ 22,618
* The Infrastructure Fee is being phased out and not subject to collection of future revenue from developments
** Percentage completed as of 6/30/2021
180
2021 AB1600 Report
La Quinta Development Project Fee Report
Transportation DIF (Fund 250)
Government Code 66000 Calculation
FYE 6/30/2021
The Transportation Impact Fee developer fee fund is used to account for the accumulation of resources, provided through
developer fees for street system improvements needed to handle traffic that will be generated by future development.
The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 3,426
Residential - Single Family Attached
Unit
$ 2,959
Residential - Multi Family and Other
Unit
$ 2,013
Office/Medical
Unit
$ 5,594
General Commercial
1,000 sq ft
$ 6,868
Tourist Commercial/Lodging
1,000 sq ft
$ 1,725
Golf Course
Acre
$ 800
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
693,586
(5,543)
-
-
Total Revenue Sources
688,043
Expenditures & Other Uses
Transfers out Capital Projects
400,001
345,417
Total Uses
745,418
Total Available
$ 2,321,502
$ (57,375)
$ 2,264,127
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
Revenues Collected from 2018
Revenues Collected from 2019
Revenues Collected from 2020
Revenues Collected from 2021
Total Revenue For Last Five Years
3,471,401
3,656,826
3,098,380
2,462,724
2,321,502
388,472
539,365
756,223
801,997
688,043
$ 3,174,100
203,047
1,097,811
1,391,880
943,219
745,418
$ 4,381,375
3,595,274
2,551,507
4,971,752
4,897,398
4,356,480
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete*
% funded with
fee
111205 Dune Palms Bridge Improvement
-
73,755
17%
2%
151603 La Quinta Village Complete Streets - Road
Diet
343,055
-
95%
3%
201702 Developer Reimbursements
400,000
2,939,723
35%
100%
201709 Avenue 53 Jefferson Street Roundabout
-
375,121
10%
11%
201902 Avenue 50 Bridge Spanning the
Evacuation Channel
2,363
967,881
0.05%
6%
Total
$ 745,418
$ 4,356,480
* Percentage completed as of 6/30/2021
61,552
546,873
(2,509,028)
(2,575,896)
(2,092,353)
181
2021 AB1600 Report
La Quinta Development Project Fee Report
Parks & Rec DIF (Fund 251)
Government Code 66000 Calculation
FYE 6/30/2021
The Parks & Recreation Impact Fee fund is used to account for the accumulation of resources, provided through
developer fees for parks required to serve future development. The fee is based upon the table below and varies from
project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 2,077
Residential - Single Family Attached
Unit
$ 1,921
Residential - Multi Family and Other
Unit
$ 1,882
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
328,072
(5,939)
Total Revenue Sources
322,133
Expenditures & Other Uses
Transfers Out Capital Projects
-
962,469
Total Uses
962,469
Total Available
$ 294,027
$ (640,336)
$ (346,309)
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
Revenues Collected from 2018
Revenues Collected from 2019
Revenues Collected from 2020
Revenues Collected from 2021
Total Revenue For Last Five Years
358,702
558,795
887,905
1,262,773
294,027
200,093
329,110
379,411
472,951
322,133
$ 1,703,698
4,542
1,441,697
962,469
$ 2,408,708
2,401,410
959,713
2,844
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete*
%funded with
fee
201608 SilverRock Event Space
959,713
-
90%
33%
201722 Fritz Burns Park Sidewalk & Parking Lot
2,756
2,844
97%
6%
Total
$ 962,469
$ 2,844
* Percentage completed as of 6/30/2021
558,795
887,905
(1,138,637)
(665,686)
(349,153)
182
2021 AB1600 Report
La Quinta Development Project Fee Report
Civic Center DIF (Fund 252)
Government Code 66000 Calculation
FYE 6/30/2021
The Civic Center Impact Fee fund was used to fund the expansion of the La Quinta Civic Center completed in 2008 to
support the City's needs through build out. The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 1,086
Residential - Single Family Attached
Unit
$ 956
Residential - Multi Family and Other
Unit
$ 538
Office/Medical
Unit
$ 448
General Commercial
1,000 sq ft
$ 448
Tourist Commercial/Lodging
1,000 sq ft
$ 531
Golf Course
Acre
$ 215
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
194,521
2,828
Total Revenue Sources
197,349
Expenditures & Other Uses
-
Total Uses
0
Total Available
$ 301,271
$ 197,349
$ 498,620
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
Revenues Collected from 2018
Revenues Collected from 2019 **
Revenues Collected from 2020
Revenues Collected from 2021
(7,212,007)
(7,169,261)
(7,103,053)
79,740
301,271
98,740
145,494
177,800
222,942
197,349
55,994
79,286
(7,004,993)
1,411
1,410
(7,169,261)
(7,103,053)
78,330
301,271
498,620
Total Revenue For Last Five Years
$ 842,325
Result : Five Year Spent Test Met in accordance with Government Code 66001
$ (6,868,302)
Capital Improvement Facilities
FY 20/21
Committed
% Complete *
% funded with
fee
$ -
Total
$ -
$ -
* Percentage completed as of 6/30/2021
** Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio
During FY 2018/19, this loan was written -off.
Projects are being evaluated for the unspent balance of $498,620 and will be included in the FY 2022/23 budget.
183
2021 AB1600 Report
La Quinta Development Project Fee Report
Library DIF (Fund 253)
Government Code 66000 Calculation
FYE 6/30/2021
The Library Impact Fee fund is used for library facilities required to serve future development in La Quinta. The fee is based
upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 397
Residential - Single Family Attached
Unit
$ 338
Residential - Multi Family and Other
Unit
$ 323
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
61,508
Total Revenue Sources
61,508
Expenditures & Other Uses
Advance Interest Expense
-
15,133
Total Uses
15,133
Total Available
$ (1,505,187)
$ 46,375
$ (1,458,812)
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Revenues Collected from 2017
Revenues Collected from 2018
Revenues Collected from 2019
Revenues Collected from 2020
Revenues Collected from 2021
Total Revenue For Last Five Years
Beginning Fund
Balance
(1,631,001)
(1,609,835)
(1,572,557)
(1,550,245)
(1,505,187)
Revenues
Collected
34,056
56,416
57,792
75,336
61,508
$ 285,108
Expenditures
12,890
19,138
35,480
30,278
15,133
$ 112,919
Committed
1,609,835
1,572,557
1,549,846
1,505,187
1,458,789
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete *
% funded with fee
Successor Agency loan repayment (construction of
public library facility) **
15,133
1,458,789
41%
100%
Total
$ 15,133
$ 1,458,789
* Percentage completed as of 6/30/2021
** Loan repayment interest rate is based on the average quarterly investment yield of the City's investment portfolio.
As of 6/30/2021 the outstanding loan balance was: Principal 1,458,789
Interest -
Total Due 1,458,789
This loan remains active and is being evaluated in FY 2021/22.
Unspent
(3,219,670)
(3,145,114)
(3,100,091)
(3,010,374)
(2,917,601)
184
2021 AB1600 Report
La Quinta Development Project Fee Report
Community Center DIF (Fund 254)
Government Code 66000 Calculation
FYE 6/30/2021
The Community Center Fee fund is used for community center facilities required to serve future development in La Quinta.
The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 543
Residential - Single Family Attached
Unit
$ 472
Residential - Multi Family and Other
Unit
$ 454
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
142,520
752
Total Revenue Sources
143,272
Expenditures & Other Uses
Transfers Out Capital Projects
-
101,639
Total Uses
101,639
Total Available
$ 192,753
$ 41,633
$ 234,387
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
101,639
13,325
-
101,600
13,364
Revenues Collected from 2018
114,964
21,993
-
101,639
35,318
Revenues Collected from 2019
136,956
26,477
4,542
103,049
55,842
Revenues Collected from 2020
158,891
35,272
1,410
101,639
91,114
Revenues Collected from 2021
192,753
143,272
101,639
125,000
109,387
Total Revenue For Last Five Years
$ 240,339
$ 107,591
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete *
%funded with
fee
151609 La Quinta X Park Youth Center
201901 Village Art Plaza Promenade & Cultural Campus
101,639
-
-
125,000
63%
0%
2%
20%
Total
$ 101,639
$ 125,000
* Percentage completed as of 6/30/2021
Projects are being evaluated for the unspent balance of $109,387 and will be included in the FY 22/23 budget.
185
2021 AB1600 Report
La Quinta Development Project Fee Report
Street Maintenance DIF (Fund 255)
Government Code 66000 Calculation
FYE 6/30/2021
The Street Maintenance Fee fund is used for street maintenance required to serve future development in La Quinta.
The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 235
Residential - Single Family Attached
Unit
$ 202
Residential - Multi Family and Other
Unit
$ 155
Office/Medical
Unit
$ 282
General Commercial
1000 sq ft
$ 347
Tourist Commercial/Lodging
1000 sq ft
$ 86
Golf Course
Acre
$ 40
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
4,095
63
-
Total Revenue Sources
4,158
Expenditures & Other Uses
-
Total Uses
0
Total Available
$ 39,130
$ 4,158
$ 43,288
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
Revenues Collected from 2018
Revenues Collected from 2019 **
Revenues Collected from 2020
Revenues Collected from 2021
(1,901,551)
(1,897,647)
(1,891,594)
10,289
$ 39,130
19,095
27,349
30,194
30,251
4,158
15,191
21,296
(1,871,689)
1,410
0
1,410
(1,897,647)
(1,891,594)
8,879
39,130
43,288
Total Revenue For Last Five Years
$ 111,047
$ (1,833,792)
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete *
%funded with
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2021
** Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio
During FY 2018/19, this loan was written -off.
Projects are being evaluated for the unspent balance of $43,288 and will be included in the FY 22/23 budget.
186
2021 AB1600 Report
La Quinta Development Project Fee Report
Park Maintenance DIF (Fund 256)
Government Code 66000 Calculation
FYE 6/30/2021
The Park Maintenance Fee fund is used for park maintenance required to serve future development in La Quinta. The
fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 235
Residential - Single Family Attached
Unit
$ 202
Residential - Multi Family and Other
Unit
$ 155
Office/Medical
Unit
$ 282
General Commercial
1000 sq ft
$ 347
Tourist Commercial/Lodging
1000 sq ft
$ 86
Golf Course
Acre
$ 40
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
320
(48)
Total Revenue Sources
272
Expenditures & Other Uses
Transfers Out
-
-
Total Uses
0
Total Available
$ 5,723
$ 272
$ 5,995
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
Revenues Collected from 2018
Revenues Collected from 2019 **
Revenues Collected from 2020
Revenues Collected from 2021
2
2
5
(1,782)
5,723
3,969
6,570
6,722
8,915
272
3,969
6,567
8,508
1,410
-
-
-
1,410
-
-
2
5
(3,192)
5,723
5,995
Total Revenue For Last Five Years
$ 26,448
$ 20,454
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete *
%funded with
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2021
** Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio.
During FY 2018/19, this loan was written -off.
187
2021 AB1600 Report
La Quinta Development Project Fee Report
Fire Protection DIF (Fund 257)
Government Code 66000 Calculation
FYE 6/30/2021
The Fire Protection Facilities Fee fund is used for fire protection facilities required to serve future development in La Quinta.
The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 369
Residential - Single Family Attached
Unit
$ 335
Residential - Multi Family and Other
Unit
$ 188
Office/Hospital
Unit
$ 151
General Commercial
1000 sq ft
$ 151
Tourist Commercial
1000 sq ft
$ 201
Golf Course
Acre
$ 72
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
60,357
867
Total Revenue Sources
61,224
Expenditures & Other Uses-
-
Total Uses
0
Total Available
$ 136,036
$ 61,224
$ 197,260
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2017
(593,484)
45,399
4,581
-
(552,666)
Revenues Collected from 2018
(552,665)
66,456
4,634
-
(490,843)
Revenues Collected from 2019 *
(490,843)
81,761
(444,154)
1,410
33,663
Revenues Collected from 2020
35,073
102,373
1,410
-
136,036
Revenues Collected from 2021
136,036
61,224
-
-
197,260
Total Revenue For Last Five Years
$ 357,214
$ (433,529)
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
0/0Complete *
% funded with
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2021.
** Loan repayment interest rate was based on the average quarterly investment yield of the City's investment portfolio.
During FY 2018/19, this loan was written -off.
Projects are being evaluated for the unspent balance of $197,260 and will be included in the FY 22/23 budget.
188
2021 AB1600 Report
La Quinta Development Project Fee Report
Maintenance Facilities DIF (Fund 259)
Government Code 66000 Calculation
FYE 6/30/2021
The Maintenance Facilities Fee fund is used for corporate yard maintenance facilities and equipment needed to serve
future development in La Quinta. The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 235
Residential - Single Family Attached
Unit
$ 202
Residential - Multi Family and Other
Unit
$ 155
Office/Medical
Unit
$ 282
General Commercial
1000 sq ft
$ 347
Tourist Commercial/Lodging
1000 sq ft
$ 86
Golf Course
Acre
$ 40
Account Description
Beginning
Fund Balance
FY 20/21
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
46,324
691
-
Total Revenue Sources
47,015
Expenditures & Other Uses
-
Total Uses
0
Total Available
$ -
$ 47,015
$ 47,015
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2020
47,015
0
47,015
Total Revenue For Last Five Years
$ 47,015
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 20/21
Committed
% Complete *
%funded with
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2021
Projects are being evaluated for the unspent balance of $47,015 and will be included in the FY 22/23 budget.
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190
ATTACHMENT 2
2020/21 AB1600 Report
La Quinta Development Project Fee Report
Developer Agreement Activity (Fund 401)
FYE 6/30/2021
The following development agreement payment was received for development agreements entered into after January 1, 2004
in accordance with Government Code Section 65865
Date
Total Developer
3/8/2010
Project/Purpose
Contributions for Future CIP Projects
Traffic Signals at Madison Street on Avenue 58 and Avenue 60
Balance
257,563.00
Revenues
-
Expenses
-
Total
257,563.00
10/18/2010
Monroe Avenue landscape median, Trilogy/Shea TM30023
234,869.64
-
-
234,869.64
1/25/2016
Traffic Signal at Madison Street at Avenue 52, Madison Club
215,000.00
215,000.00
10/11/2016
Madison at Avenue 52 raised median, TM33076-1
59,642.00
-
-
59,642.00
6/14/2019
Turn lane extension at Highway 111 & Costco Drive
3,644.22
-
-
3,644.22
6/30/2020
Traffic Signal at Madison Street at Avenue 54, CDA/Griffin Ranch
-
107,500.00
-
107,500.00
6/30/2021
Turn lane- right turn only at Adams Street at Auto Centre
-
171,574.00
-
171,574.00
Account No. 401-0000-22811
16,798.30
-
-
$ 1,049,792.86
16,798.30
Total Unearned
Revenue on Deposit
11/30/2009
Lions Gate project 1821 sidewalk and landscaping
1/31/2011
Toll Brothers, Avenue 50 & Verano Drive, TM 30357, Mt. View
Country Club Traffic Signal Improvements
215,000.00
215,000.00
6/30/2015
Avenue 53 at Jefferson Street Roundabout
580.62
-
(580.62)
-
6/30/2015
Traffic Signal Avenue 50 & Orchard, Project 1757
99,075.26
-
-
99,075.26
2/24/2016
ACM LQ/Highway 111 & Simon Drive
2,788.50
-
-
2,788.50
2/24/2016
ACM LQ/Washington & Miles
8,460.00
-
-
8,460.00
6/30/2019
Dune Palms Road Widening Eminent Domain
14,360.86
5,521.46
19,882.32
Account No. 401-0000-22210
$ 362,004.38
OVERALL TOTAL
AVAILABLE
$ 1,411,797.24
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