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R 3730 t .. RESOLUTION NO. 3730 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADJUSTING IN-LIEU 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 "VHlage Improvement Area") and providing for an annual adjustment in the fee ba~ed 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 Costello, seconded by Council Member Runels, and on the following roll call vote, to wit: AYES: Council Members Costello, Runels, Dickens, Lubin and Mayor Ferrara NOE$: None ABSENT: None the foregoing Resolution was passed and adopted this 13th day of January, 2004. , T _. -- --...----- --.. --~. --- -... .n____.__ ._-. - .---- --- - "..---. .------ --~- --- ---- - ------ - -. --... . ---. - --.~ _n RESOLUTION NO. PAGE 2 TONY M. RA,MAYOR ATTEST: M~,M- RE, DIRECTOR OF ADMINISTRATIVE SERVICESI DEPUTY CITY CLERK APPROVED AS TO CONTENT: ~~"~MANAGER APPROVED AS TO FORM: ~~2 . TI OTHY . C nifEL, CITY ATTORNEY . . . --.--....----..---.-.------ . . EXHIBIT "An The amount of the in-lieu fee shall be $4,057 per parking space, as shown in the following calculation. Overall Index ENR Index ENR at December 2003 6782 ENR at December 2002 6563 Change 219 Percent Increase 219/6563 = 3.34% Fee Adiustment Current Fee $3,926 3.34% Increase 131 Updated Fee $4.057 , , ~ RESOLUTION NO. 3730 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 California, do hereby certify under penalty of perjury, that Resolution No. 3730 is a true, full. and correct copy of said Resolution passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 13th day of January, 2004. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 15th day of January, 2004. RE, DIRECTOR OF ADMINISTRATIVE SERVICES/ DEPUTY CITY CLERK . . - - ---~_.. -.~---~.__._-_.- -'---~-