R 3640
RESOLUTION NO. 3640
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARROYO GRANDE ADJUSTING IN.LlEU FEE FOR
OFF-STREET PARKING IN THE PARKING AND
BUSINESS IMPROVEMENT AREA OF THE VILLAGE BY
THE CHANGE IN THE ENGINEERING NEWS RECORD
CONSTRUCTION COST INDEX
WHEREAS, the City Council adopted Ordinance 489 C.S. establishing the option of
payment of an in-lieu fee for off-street parking spaces in the Parking and Business
Improvement Area of the Village (hereinafter referred to as the "Village Improvement
Area") and providing for an annual adjustment in the fee based on changes in the
Engineering News Record Construction Cost Index.
NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Arroyo
Grande hereby adopts the fee set forth in Exhibit "A" attached hereto and incorporated
herein by this reference as though set forth in full. This Resolution shall take effect sixty
(60) days after its adoption.
On motion of Council Member Runels, seconded by Council Member Costello, and on
the following roll call vote, to wit:
AYES: Council Members Runels, Costello, Dickens, Lubin and Mayor Ferrara
NOES: None ,
ABSENT: None ,
the foregoing Resolution was passed and adopted this 14th day January of, 2003.
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RESOLUTION NO. 3640
PAGE 2
ATTEST:
ORE, DIRECTOR OF ADMINISTRATIVE SERVICESI
DEPUTY CITY CLERK
APPROVED AS TO CONTENT:
~).
~. ADAMS, CITY MANAGER
APPROVED AS TO FORM:
. ATTORNEY
Resolution No. 3640
Page 3
EXHIBIT "A"
The amount of the in-lieu fee shall be $3,926 per parking space, as shown in the
following calculation.
Overall Index ENR Index
ENR at December 2002 6563
ENR at December 2001 6390
Change 113
Percent Increase 173/6390 = 2.71%
Warranted Chanae in Fee I
Current Fee $3,822
2.71% Increase 104
Updated Fee i3,926
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RESOLUTION NO. 3640
OFFICIAL CERTIFICATION
I, KELLY WETMORE, Director of Administrative Services/Deputy City Clerk of
the City of Arroyo Grande, County of San Luis Obispo, State of Califomia, do
hereby certify under penalty of pe~ury, that Resolution No. 3640 is a true, full,
and correct copy of said Resolution passed and adopted at a special meeting of
the City Council of the City of Arroyo Grande on the 14th day of January, 2003.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 17th
day of January, 2003.
1Itz.
ORE, DIRECTOR OF ADMINISTRATIVE SERVICESI
DEPUTY CITY CLERK
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