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HomeMy WebLinkAboutMINUTES - 06281994 - 1.79 TO: BOARD OF SUPERVISORS FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: June 28, 1994 SUBJECT: REFUND AND WAIVER OF PARK DEDICATION TRUST FUNDS; BETTENCOURT RANCH TRACT 7188, ET AL, (ACCOUNTS 276035513 AND 275834612), IN THE DANVILLE AREA, TRUST FUND NO. 8136-0830 Specific Request(s)or Recommendations)&Background&Justification I. Recommended Action: AUTHORIZE the Auditor-Controller to refund $224,615 to Dame Construction Company for Park Dedication Trust Funds previously paid and DIRECT staff to waive the collection of any further Park Dedication Trust Funds due from the Bettencourt Ranch development. II. Financiallmpact: No county general fund impact. III. Reasons for Recommendations and Background: Dame Construction Company requested a refund of Park Dedication Trust Funds paid for park improvements provided for the benefit of the Bettencourt Ranch residents. The County is authorized, in accordance with Chapter 920-8 of the County Subdivision Ordinance, to credit a developer with up to 50 percent (50%) of park fees due as an allowance for park and recreation improvements made on private property. Staff has determined that the park and recreation improvements installed and completed by Dame Construction at the Bettencourt Ranch project meet the criteria for such a waiver. The method of calculating the refund due Dame Construction is as follows: Continued on attachment: X yes SIGNATURE RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON: JUN 2 8 1994 APPROVED AS RECOMMENDED OTHER VOTE,OF SUPERVISORS i/ UNANIMOUS (ABSENT AYES: NOES: ABSENT: ABSTAIN: Contact: Skip Epperly, (510)313-2253 Orig. Div.: PW(Special Districts) cc: Auditor-Controller(Attn:) Accounting Building Inspection Damd Construction Co. S E:fp I hereby certify that this is a truer�rtdcon tact Ce�ppyrOf nd g:\FLDCTL\BO\Betten28.t6 an action taken aentered on thenitnuteaofthe Board of Super,10 s gn a owr'. ATTESTED: 1 t 1 AI `1. X 1 ..�.....�........ PHI.BAH LO�Cl- ofthe Boaro of Supervisors and AdntinistraW r P By .00" r SUBJECT: REFUND AND WAIVER OF PARK DEDICATION TRUST FUNDS; BETTENCOURT RANCH TRACT 7188, ET AL, (ACCOUNTS 276035513 AND 275834612), IN THE' DANVILLE AREA, TRUST FUND NO. 8136-0830 June 28, 1994 Page -2- III. Reasons for Recommendations and Background: (cont.) 469 total units x $1,670 per unit = $783,230 Total Fees x 50% Allowable Credit $391,615 Less total fees already paid61( 6.230) $224,615 = Amount of excess fees paid Allowable credit $391,615 Less excess fees paid (224,615) Total fees waived @ $1,670 x 100 units $167,000 IV. Consequences of Negative Action: Private developer will not receive funds owed and County might be subject to legal action.