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HomeMy WebLinkAboutAgenda Packet 11/10/1998 *PUBLIC REVIEW COPY Please do not remove AGENDA from counter ATASCADERO CITY COUNCIL MEETING TUESDAY,NOVEMBER 10, 1998 - City of Atascadero 6500 Palma Avenue,4'floor Atascadero, California. CLOSED SESSION,';6:30 P.M.: 1) Conference with negotiator over real property. (Govt. Code 54956.8) Negotiator: City Manager Wade McKinney Property: APN#028-152-001 (City of Atascadero)/Mr. John Dunn 2) Personnel: City Manager(Govt. Code Sec. 54957.6) REGULAR SESSION, 7:00 P.M.: PLEDGE OF ALLEGIANCE: Council Member Clay ROLL CALL: Mayor Carden Mayor Pro Tem Johnson Council Member Clay Council Member Lerno Council Member Luna APPROVAL OF AGENDA: Roll Call COUNCIL ANNOUNCEMENTS AND REPORTS: (On their own initiative, Council Members may make a brief announcement or a brief report on their own activities. Council Members may ask a question for clarification, make a referral to staff or take action to have staff place a matter of business on a future agenda. No formal action by the Council will betaken unless an item is identified on the Agenda) : PRESENTATIONS: 1. Mayor Carden will present a Certificate of Appreciation to Howard Gaylord for his service on the Traffic Committee. 2. Lt. John Couch will introduce new Police Chaplains to the Council. 3. Lt. William Watton will present Rev. Rollin Dexter with a plaque in recognition of past service as a Police Chaplain. 4. Chief Mike McCain will present Firefighter Arnhart with a plaque in recognition of 18 years of service to the community. 5. Chief Mike McCain will introduce the new Fire Captains, Keith Aggson and William White. COMMUNITY FORUM: ('This portion of the meeting is reserved for persons wanting to address the Council on any matter not on this agenda and over which the Council has jurisdiction. Speakers are limited to five minutes. Please state your name and address for the record before making your presentation. The Council may take action to direct the staff to place a matter of business on a future agenda.) A. CONSENT CALENDAR: Roll Call • (All items on the consent calendar are considered to be routine and non-controversial by City staff and will be approved by one motion if no member of the Council or public wishes to comment or ask questions. If comment or discussion is desired by anyone, the item will be removed from the consent calendar and will be considered in the listed sequence with an opportunity for any member of the public to address the Council concerning the item before action is taken.) 1. City Council Minutes—October 13, 1998 - (City Clerk recommendation: Approve) [Marcia McClure Torgerson] 2. City Council Minutes—October 27, 1998 —(City Clerk recommendation: Approve) [Marcia McClure Torgerson] 3. City Treasurer's Report—June 1998 - (City Treasurer's recommendation: Review and accept) [Rudy Hernandez] 4. City Treasurer's Report—July 1998—(City Treasurer's recommendation: Review and accept) [Rudy Hernandez] 5. City Treasurer's Report—August 1998—(City Treasurer's recommendation: Review and accept) [Rudy Hernandez] 6. City Treasurer's Report— September 1998— (City Treasurer's recommendation: Review and accept) [Rudy Hernandez] 2 7. Road Abandonment#98001 —Request to abandon easterly 550 feet(+/-) of Tecolote Road (Davis) Fiscal Impact: Positive (Planning Commission recommendations: 1) Council find the project would not have a significant effect on the environment and that the Negative Declaration prepared for the project is therefore adequate under the requirements of the California Environmental Quality Act (CEQA); and 2) Council adopt Resolution No. 1998-049, approving Road Abandonment#98001) [Paul Saldana] 8. Zone Change #98008 —Sign Ordinance Amendment Relative to Public Transit Facilities (City of Atascadero) — Fiscal Impact: Negligible (Staff recommendation: Council introduce, on second reading, waiving reading in full, Ordinance No. 354, amending the Zoning Ordinance relating to signs) [Paul Saldana] 9. Joint Use of Facilities Agreement—Atascadero Unified School District—Fiscal Impact: Net loss of approximately S3,000 in lost revenue from the AUSD (Staff recommendation: Council authorize the Mayor to enter into a one year agreement with the Atascadero Unified School District for the joint use of facilities) [Brady Cherry] B. PUBLIC HEARINGS: 1. Revised Fee Schedule - Building & Safety Services — Fiscal Impact: Slight increase in projected revenues for FY 1998-99 (Staff recommendation: Council adopt Resolution No. 1998-050,, adopting a revised fee schedule for building and safety services) [Paul SaldanaJ 2. Zone Change x#98006 and Variance #98004 — Proposal to expand Planned Development Overlay Zone No. 10 onto adjacent site and vary from certain-zoning standards pertaining to RV parks (Gearhart) — Fiscal Impact: Negligible (Planning Commission recommendations: 1) Council find that the project would not have significant adverse effects on the environment and that the Negative Declaration prepared for the project is therefore adequate under the requirements of the California Environmental Quality Act (CEQA); and 2.) Council adopt Ordinance 355 for first reading waiving reading in full, approving Zone Change #98006; and 3.) Council adopt Resolution No. 1998-048, approving Variance #98004) [Paul Saldana] C. MANAGEMENT REPORTS: 1. Investment Policy—Fiscal Impact: None (Finance Committee recommendation: Council adoptResolution No. 1998-047 adopting the City of Atascadero Investment Policy) [Rachelle Rickard] D. COMMITTEE REPORTS (The following represent standing committees. Informative status reports will be given, as felt necessary): 1. S.L.O. Council of Governments/S.L.O. Regional Transit Authority 2. Finance Committee 3 3. Water Committees A. SLO County Flood Control & Water Conservation District Water Resources Advisory Committee B. Nacimiento Water Purveyors' Contract Technical Advisory Committee C. North County Water Task Force _ 4. Integrated Waste Management Authority 5. North County Council 6. Air Pollution Control District 7. County Mayor's Round Table 8. Economic Vitality Corporation, Board of Directors 9. City/ Schools Committee E. INDIVIDUAL DETERMINATION AND/OR ACTION: 1. City Council 2. City Attorney 3. City Clerk 4. City Treasurer F. ADJOURNMENT: THE COUNCIL WILL ADJOURN TO THE REDEVELOPMENT AGENCY MEETING IMMEDIATELY FOLLOWING THIS MEETING. Please note: Should anyone challenge any proposed development entitlement listed on this Agenda in court, that person may be limited to raising those issues addressed at the public hearing described in this notice, or in written correspondence delivered to the City Council at or prior to this public hearing. 4 City of Atascadero WELCOME TO THE ATASCADERO CITY COUNCIL MEETING GENERAL INFORMATION The City Council meets in regular session on the second and fourth Tuesday of each month at 7:00 p.m., in the Council Chamber';of City Hall. Matters are considered by the Council in the order of the printed Agenda. Copies of the staff reports or other documentation relating to each item of business referred to on the Agenda are on file in the office of the City Clerk(Room 208),and in the Information Office(Room 103), available for public inspection during City Hall business hours. An agenda packet is also available for public review at the Atascadero Library,6850 Morro Road. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in a City meeting or other services offered by this City,please contact the City Manager's Office, (805) 461-5010,or the City Clerk's Office, (805)461-5074. Notification at least 48 hours prior to the meeting or time when services are needed will assist the City staff in assuring that reasonable arrangements can be made to provide accessibility to the meeting or service. TO SPEAK ON AGENDA ITEMS Members of the audience may speak on any item on the agenda. The Mayor will identify the subject, staff will give their report, and the Council will ask questions of staff. The Mayor will announce when the public comment period is open and will request anyone interested to address the Council regarding the matter being considered to step up to the podium. If you wish to speak for, against or comment in any way: • You must approach the podium and be recognized by the Mayor • Give your name and address • Make your statement • All comments should be made to the Mayor and Council • All comments limited to 5 minutes(unless changed by the Council) • No one may speak for a second time until everyone wishing to speak has had an opportunity to do so, and no one may speak more than twice on any item. The Mayor will announce when the public comment period is closed, and thereafter,no further public comments will be heardby the Council. TO SPEAK ON SUBJECTS NOT LISTED ON THE AGENDA Under Agenda item, "COMMUNITY FORUM",the Mayor will call for anyone from the audience having business with the Council to: • Please approach the podium and be recognized • Give your name and address • State the nature of your business This is the time items not on the Agenda may be brought to the Council's attention. A maximum of 30 minutes will be allowed'for Community Forum(unless changed by the Council). TO HAVE ITEMS PLACED ON AGENDA All business matters to appear on the Agenda must be in the Office of the City Manager ten days preceding the Council meeting. Should you have a matter you wish to bring before the Council, please mail or bring a written communication to the City Manager's office in City Hall prior to the deadline. I - PRESENTATION 191 " ® 19 9 City Manager's Agenda Report Wade G. McKinney Introduction of New Police Chaplains and Recognition of Rollin Dexter for Past Service PRESENTATION: Lt. John Couch will ''introduce the newest members of the Police Chaplain Program, Rev. Al Jewell, Pastor Carl Billings and Pastor Steve Harms. The new chaplains join the current chaplain, Rev. Matt ';Conrad, to provide chaplain services to the Police Department and the citizens of Atascadero. Lt. William Couch will recognize Rev. Rollin Dexter for his past service as Police Chaplain. DISCUSSION: I N: Since 1980 the Police Department has had a Police Chaplain program that has provided chaplain services to the Department and to the citizens of Atascadero. Chaplains are used to serve.the members of the Department and their families, to assist the employees as technical consultants, to give public assistance to those referred by the Department, and to be of assistance in Police/Community relations. The chaplains represent participation of churches in the local area. Al Jewell is the Director of Men's Fellowship at l House of Prayer, Steve Harms, pastor of Evangelical Free Church, Carl Billings, pastor of Hope Lutheran Church and Matt Conrad is the vicar of St. Luke's Episcopal Church. The chaplains will begin service with the Department upon completion of orientation training in November. Rev. Rollin Dexter, who initiated the Chaplain Program, will no longer be an active member. He will be recognized for his service to the Department and to the community by presentation of a plaque. RESPONSIBLE DEPARTMENT: Police Department 000001 ITEM NUMBER: A - 1 DATE:-1 1/10/98 MINUTES ATASCADERO CITY COUNCIL MEETING TUESDAY, OCTOBER 13, 1998 INTERVIEW SESSION, 6:00 P.M. Mayor Carden called',the Interview Session to order at 6:00 p.m. ROLL CALL: Present: Council Members Clay, Johnson, Lerno, Luna and Mayor Carden Absent: None Others Present: City Clerk Marcia Torgerson 1. Citizens' Transportation Advisory Committee A. Interview and consider candidates B. Select,by ballot, one citizen for appointment The Council interviewed the candidates and selected, by ballot, Dennis Schmidt to be the Atascadero delegate on the Citizens' Transportation Advisory Committee. Mayor Carden adjourned the Interview Session at 6:50 p.m. REGULAR SESSION, 7:00 P.M.: Mayor Carden called the Regular Session to order at 7:00 p.m. and led the Pledge of Allegiance. ROLL CALL: Present: Council Members Clay, Johnson, Lerno, Luna and Mayor Carden Absent: None Others Present: City Clerk Marcia Torgerson Staff Present: City Manager Wade McKinney, Police Chief Dennis Hegwood, Community Services Director Brady Cherry,Administrative Services Director Rachelle Rickard, Community and Economic Development Director Paul Saldana,Assistant City Engineer John Neil and City Attorney Roy Hanley. 000002 APPROVAL OF AGENDA: MOTION: . By Mayor Pro Tem Johnson and seconded by Council Member Luna to approve the agenda. Motion passed 5:0 by a roll-call vote. - Mayor.Carden asked the City Clerk to report to the public the results of the Interview Session. City Clerk Marcia Torgerson announced that the Council interviewed four applicants and Dennis Schmidt was appointed by Council. COUNCIL ANNOUNCEMENTS AND REPORTS: Mayor Pro Tem Johnson announced that all the Fire Departments in Central California were together in our City yard where they practiced extracting people from damaged cars. Mayor Carden asked if staff has addressed the request from the U.S. Department of Commerce, Bureau of Census, that we appoint someone to be a go-between regarding the Census 2000. City Manager Wade McKinney stated that the Community Development Department has been working on the census project. Mayor Carden asked the City Attorney to respond to a memo he received from the City of Angels Camp asking for participation in a legal proceeding. City Attorney Roy Hanley said that he would respond. Mayor Carden stated that Dave Romero, Vice Mayor of San Luis Obispo and the President-elect of the Channel Cities division of the League of California Cities, asked the Council to submit the name of a member of the Council for consideration to be appointed to one of the eight policy committees. He asked staff if this should be agendized. Mr. McKinney and Mr. Hanley stated that the request is for interested Council Members and the Channel Cities division will be making the appointments. 1. Traffic Committee Update[City Clerk] City Clerk Marcia Torgerson updated the Council on the status of the Traffic Committee. She stated that the three citizen members' terms expired in September 1998. One of the members, Howard Gaylord, has submitted his resignation. Ms. Torgerson asked the Council to give her direction as to whether they want her to contact the remaining members to see if they would like to continue to serve on the committee, or recruit for new members. Mayor Carden stated that he would like to have Mr. McKinney and staff review the Traffic Committee and make recommendations to the Council as to composition, direction and charter of a Traffic Committee. Council Member Clay stated that Howard Gaylord is an outstanding citizen and was a good representative on the Traffic Committee. CC 10/13/98 �0040� Page 2 of 8 PRESENTATIONS: Police Chief Dennis Hegwood will present new employee, Office Assistant Pat Schulz, to the Council. Chief Hegwood introduced Pat Schulz,new Office Assistant to the Police Chief. The Council welcomed her. COMMUNITY FORUM: Eric Greening, 7365 Valle, 5`h Supervisorial District's representative on the Citizens' Transportation Advisory Committee, welcomed Dennis Schmidt to the CTAC. He also spoke about the money that is going to be available from CalTrans for local road repair, approximately $880,000. He encouraged the Council to prioritize Atascadero's road improvement needs. Dennis Schmidt, 8675 Santa Rosa Road,thanked the Council for appointing him to CTAC. He explained some of his concerns of Atascadero's transportation needs. Rush Kolemaine, P.O. Box 1990, spoke on the issue of transit signage. He explained his suggestions of the appropriate signage along the transit routes in Atascadero. He also stressed the importance of transit benches. Mayor Carden closed the Community Forum period A. CONSENT CALENDAR: Roll Call 1. City Council Minutes—September 22, 1998— (City Clerk recommendation: Approve) [Marcia Torgerson] 2. No Parking Zone on Navarette Avenue—Establishing a No Parking 6:00 a.m. to 6:00 p.m. Monday through Friday Zone—Fiscal Impact: $400.00 (Staff recommendation: Council adopt Resolution No. 1998-039 establishing a No Parking Zone on Navarette Avenue) [Brady Cherry] 3. Passenger Loading Zone on Palma—Establishing a Passenger Loading Zone on Palma at Traffic Way—Fiscal Impact: $50.00 (Staff recommendation: Council adopt Resolution No. 1998-040 establishing a Passenger Loading Zone on Palma at Traffic Way) [Brady Cherry] 4. No Stopping Zone on San Gabriel Road—Establishing a No Stopping Zone on the north side of San Gabriel Road at the Elementary School—Fiscal Impact: $300.00 (Staff recommendation: Council adopt Resolution No. 1998-041 establishing a No Stopping Zone on the north side of San Gabriel Road at the elementary school) [Brady Cherry] CC 10/13/98 Page 3 of 8 000004 5. Elimination of No Parking Zone—6895 El Camino Real—Modify existing No Parking Zone to allow for parking of vehicles less than 6' in height—Fiscal Impact: $230.00 (Staff recommendation: Council adopt Resolution No. 1998-042 eliminating the No Parking Zone at 6895 El Camino Real) [Brady Cherry] 6. 3-Way Stop at Sycamore and Miramon Avenues—Fiscal Impact: $400.00 (Staff recommendation: Council adopt Resolution No. 1998-044 establishing a 3-way stop intersection at Sycamore and Miramon Avenues) [Brady Cherry] 7. Montecito Avenue and San Anselmo Avenue Improvements—Agreement with Madonna Construction, Inc. to construct the improvements—Fiscal Impact: $82,632.00 in Streets and Bridges Impact Fee Funds (Fund 705) (Staff recommendation: Council authorize the Mayor to execute an agreement with Madonna Construction, Inc. to construct the Montecito Avenue and the San Anselmo Avenue improvements) [Brady Cherry] 8. SLOCOG and SLORTA Joint Powers Agreements—Ratification of updated and slightly modified agreements between the City, SLOCOG and SLORTA—Fiscal Impact: None (Staff recommendation: Council adopt Resolution No. 1998-037 ratifying the amended Joint Powers Agreement for SLORTA and adopt Resolution No. 1998-038 ratifying the amended Joint Powers Agreement for SLOCOG) [Brady Cherry] 9. Memorandum of Understanding with Atascadero Police Association—for FY 1998-99— Fiscal Impact: $41,800.00 which is included in the Annual Operating Budget (Staff recommendation: Council authorize the Mayor to execute a Memorandum of Understanding for the Atascadero Police Association for Fiscal Year 1998/99) [Wade McKinney] Mayor Carden stated that he received a request from staff that Item#A-6 be tabled. Community Services Director Brady Cherry stated that it will be brought back at a future meeting. Mr. McKinney asked that Item#A-8 be pulled. MOTION: By Council Member Clay and seconded by Council Member Luna to approve Items #A-1,2,3, 4, 5, 7 and 9. Motion passed 5:0 by a roll-call vote. RE: Item#A-8 - Mr. McKinney explained that he is requesting a simple modification to this item. The SLORTA and SLOCOG JPAs are simply updating the JPAs into the current operating methods of both agencies. He also explained that included in these JPAs is a City Managers' Committee which has not been active for the life of these organizations. However, the City Managers do try to meet monthly, but not formally. Mr. McKinney asked that the Council leave the City Managers' Committee in the JPAs. PUBLIC COMMENT Eric Greening, 7365 Valle, asked if Atascadero amends this JPA, will all the other members make the same change. Mayor Carden stated he will be taking it up at the next Mayor's meeting. Mayor Carden closed the Public Comment period. CC 10/13/98 Page 4 of 8 000005 MOTION: By Mayor Pro Tem Johnson and seconded by Council Member Clay to approve Item #A-8 with the following amendment to the SLOCOG JPA, Page 7,#3: keep "a). Administration Committee, comprised of all managers and administrators of member jurisdictions;'; which will make the new a. become b., the new b. become c., and the new c. - become d. Motion passed 5:0 by a roll-call vote. B. PUBLIC HEARINGS: 1. General Plan Amendment#98004 and Zone Change 498005 — 10801 El Camino Real (AVSD) - Fiscal Impact: None (Planning Commission recommendations: 1) Council find the Negative Declaration prepared for this project to be adequate under the requirements of the California Environmental Quality Act and the State and local guidelines for implementation of the Act; and 2) Council adopt Resolution No. 1998-035 approving General Plan Amendment#98004; and 3) Council adopt Ordinance No. 352, approving Zone Change #98005, by introducing for first reading by title only) [Paul Saldana] Council Member Clay stepped down because of a potential conflict of interest. Mr. McKinney stated that the staff report is unchanged from the previous meeting and he explained that the representative from the School District does not seem to be present. The School District had stated earlier today that they would like to table this item. Mr. McKinney stated that he explained to them that the Council has had this item on the agenda several times and they would need to attend this meeting and explain to the Council their request. He suggested that the Council continue the item to the end of the meeting in hopes that the school representative will show up. Mayor Carden asked for Council consensus to continue this item to the next regular GPA cycle, which had a deadline of October 1, 1998. There was consensus of the Council to continue this item to next regular GPA cycle, with a deadline of October 1, 1998. Mayor Carden announced that he will open this item up for public comment,however, he wanted everyone to know that he had closed the Public Comment period on this issue at the last meeting. He stated that since this item is being continued,the public can address the Council but it won't be part of the official document. PUBLIC COMMENT Larry Finnegan, 505 Country Lane, San Luis Obispo, stated that he's the owner of Villa Margarita on the adjacent property. He stated that he is confused by this process. Mayor Carden explained that the item was being continued and that the public would be noticed when it is put on the Council's agenda again. CC 10/13/98 Page 5 of 8 000006 William Zimmerman, 6225 Lomitas Road, stated that he is glad that this item will be started once again. He said that he hoped it would come before the Planning Commission first. Community Development Director Paul Saldana said that it would. Rush Kolemaine, P.O. Box 1990, stated that the School District is known for being less than cooperative with the City. Bill Maxwell, 10840 Los Pueblos,Villa Margarita Mobilehome Park, said that he understands the School District took the property off the market. Mayor Carden closed the Public Comment period Mayor Carden said that there is a monumental increase in improved communication between the City and the School District. He stated that he hoped that it continues and that a wedge is not forced in between them. C. MANAGEMENT REPORTS: 1. Falcon.Cable Franchise Agreement—Request to extend Franchise Agreement—Fiscal Impact: Positive effect on the City's 5%franchise fee (Staff recommendation: Council authorize the City Manager to send a letter to Falcon Cable indicating that the City will extend the Franchise Agreement based upon the following conditions: 1) The cable television system is upgraded to a Hybrid Fiber, Coax, 750 MHz system with a minimum of 72 channels, 2) Falcon employs a construction coordinator to oversee the upgrade project with an emphasis on cost containment and customer service, and 3) Falcon notifies each affected subscriber before service is suspended as a portion of the construction project) [Wade McKinney] City Manager Wade McKinney gave the staff report and introduced Barry Egan, General Manager of Falcon Cable. Barry Egan, General Manager of Falcon Cable, explained that if we don't renew our franchise agreement now, it will run 3 more years which would mean we would receive the existing service for those 3 years. If we extend the franchise now, they will be doing improvements starting right away. Mr. Egan answered questions of Council. The issue of PEG access was discussed by the Council and questions were asked of Mr. Egan. He stressed that the City or Falcon legally have no control of what type of programming is shown on PEG access. PUBLIC COMMENT Rush Kolemaine, P.O. Box 1990, stated he had questions of Mr. Egan. He referred to a prepared statement that he submitted to the Council earlier this evening. (see Exhibit A) Mike Murphy, 9320 Santa Clara Road,made suggestions of events that could be on a community channel. Paul Weems, 7982 Santa Rosa Road; said that whenever he has had trouble with Falcon service, they come out and taken care of it. He supports the extension of the Falcon franchise agreement. CC 10/13/98 Page 6 of 8 000007 Rush Kolemaine, P.O. Box 1990, stated that he is the most knowledgeable person in the Central Coast on PEG access. He explained how PEG access works and how it can be controlled. Barry Egan, General Manager Falcon Cable, explained that in SLO County there is PEG access that Atascadero will have access to when the upgrade is complete. Mayor Carden closed Public Comment period. Mayor Pro Tem Johnson said that he sees in the survey, which is included in the staff report, the public majority is not interested in PEG access. Mayor Carden suggested that since the County already has a PEG access program, Atascadero could, at a later date, enter into an agreement with the County to share the program. Mr. Egan stated that would be acceptable with Falcon. MOTION: By Mayor Pro Tem Johnson and seconded by Council Member Clay to authorize the City Manager to send a letter to Falcon Cable indicating that the City will extend the Franchise Agreement based upon the following conditions: 1) The cable television system is upgraded to a Hybrid Fiber, Coax, 750 MHz system with a minimum of 72 channels, and 2) Falcon employs a construction coordinator to oversee the upgrade project with an emphasis on cost containment and customer service, and 3) Falcon notifies each affected subscriber before service is suspended as a portion of the construction project. The letter shall also state that we want to discuss a potential re-opener for PEG access should the demand arise in Atascadero in the future. Motion passed 5:0 by a roll-call vote. 2. Wil-Mar Disposal Request for Approval of Stock Mercer with U.S.A. Waste Management— Proposed Amendment One to the Solid Waste Collection Franchise Agreement-Fiscal Impact: None (Staff recommendation: Council authorize the Mayor to execute the proposed Amendment One to the Solid Waste Collection Franchise Agreement) [Roy Hanley] City Attorney Roy Hanley gave the staff report and answered questions of Council. PUBLIC COMMENT: None MOTION: By Mayor Pro Tem Johnson and seconded by Council Member Luna to authorize the Mayor to execute the proposed Amendment One to the Solid Waste Collection Franchise Agreement with the following amendment to Section H: Keep the first sentence, beginning with "Franchisee" and delete the rest of the subsection. Motion passed 5:0 by a roll-call vote. CC 10/13/98 Page 7 of 8 000008 3. Information Bulletin D. COMMITTEE REPORTS S.L.O. Council of Governments/S.L.O. Regional Transit Authority Mayor Carden stated that we have received approximately$880,000 for rehabilitation, not maintenance of roads. Finance Committee Council Member Luna stated they met last week and today and worked on the Investment Policy which will be before the Council soon. Water Committees Council Member Clay stated that at their last meeting the discussion was on updating the Master Water Plan for our area. County Mayor's Round Table Mayor Carden announced that they will be meeting Friday. Economic Vitality Corporation, Board of Directors Mayor Pro Tem Johnson stated that they are in the process of interviewing candidates for the position of President of EVC. E. INDIVIDUAL DETERMINATION AND/OR ACTION: City Council Council Member Luna commended the City Attorney on his handling of the waste management issue. F. ADJOURNMENT: Mayor Carden adjourned the Regular Session at 8: 45 p.m. to the Redevelopment Agency meeting immediately following this meeting. MINUTES RECORDED AND PREPARED BY: Marcia McClure Torgerson, City Clerk Attachments: Exhibit A-Prepared Statement by Rush Kolemaine, dated 10/11/98 CC 10/13/98 Page 8 of 8 000009 Exhibit: A Atascadero City Council Meeting Date: 10/13/98 R. S. Kolemaine / P.O. Box 1990/Atascadero CA 93423-1990/FAX/Fone8 - - ( 05)466 8200/elfenix®tcsn.net Atascadero City Council c/o City Clerk 6550 Palma Ave. Atascadero CA 93422 11 Oct 98 REF: 13 Oct 98 Agenda Item # C-1(Falcon Cable Franchise Extension) Gentlemen: With regard to this issue as presented in the City Manager's Report, the following are a number of points insufficiently discussed which I consider important to be reviewed in greater depth by the Council. ALTERNATIVES: The City Manager offers only two alternatives for Council consideration at this time: I. Initiation of aformal renewal process. (as provided by all federal telecommuni- cations acts since 1982).The City manager correctly points out that staff has failed to budget adequate time for this project and would therefore be unable to implement such an effort... at this time, but that knowledgeable consultants in the field of cable are available, but, that such could still require an undetermined amount of staff time and estimated costs could fail somewhere within a $3,000 to $20,000 cost range. A. While not unsympathetic to the argument presented regarding availability of staff time, at least four considerations are not clarified and deserve to be, prior to any decision in this matter by the Council: 1 . Just what does the federally-mandated process involve in terms of City staff time ? Experience indicates that an open public process calling for input by affected cable subscribers is required, something that prior councils have failed to follow through with at any time since this city was incorporated 20 years ago, further, in adopting the SLO County cable franchise agreement, the City embraced the County's failure to follow these federal provisions established to provide local franchise regulators with a clear and knowledgeable insight into franchisee practice and policies. In short, Atascadero residents have not been properly served-by the responsible levels of government in this area, regardless of staff's perceptions or personal convenience. 2. In how many ways does the current Falcon franchise agreement fall short/comply with the norms for such agreements ? Given the antiquated form (late 1970's) of the City's franchise agreement (especially when compared 000010 Page 2/3 (continued)to other more modern agreements), attempting to extend such a document for 10 years into the future while requiring expanded service rising Hybrid Fiberoptic/Coaxial '750 MHztechnology.with 72 channel capacity, demands a technically qualified overview by the. City in order to look out for the best interests of resident subscribers. 3. How much, precisely, would the services of a qualified consultant familiar with the cable industry in general, and franchise requirements in specific, actually cost the City versus what benefits that might be expected from having such expertise employed on the City's behalf ? As an example an expenditure of $2,700 by the City of Morro Bay for such services in 1997 has since resulted in (so far) an immediate gain amounting to a reported $35,000, used to enhance that city's Government Access (Ch. 54 on the Charter/Sonic system) capabilities and further usable in the future by other PEG Access users. 4. Precisely, how much cost to the City would be entailed in establishing a PEG Access capability for Atascadero residents and subscribers ? Again, experience has indicated that contracting with a 501(c)(3) non-profit entity capable of, and obligated, to impartially, operate PEG channels on a cable system need not entail any substantial expenditure by a municipal government or franchising authority to achieve. One such an entity, (known as ECA) in fact, has existed in within SLO County since 1996, complete with By-law provisions adaptable to Atascadero City needs, further capable of becoming legally self-supporting in time as necessary. II. Council could require Falcon to provide PEG Access. The single most relevant requirement required of the Atascadero City Council at this time, is simply establishing the accessibility of Falcon channels for PEG usage. /t is particularly relevant at this time simply because, under law, if not accomplished in October 1998 it cannot even be attempted by any future City Council within this franchise at any time prior to the year 209 �1 A. Notwithstanding staff opinion that PEG would create a "negative financial impact", staff has had no first-hand experience in this area, nor availed himself of better-informed information on which to make such a judgment. Also seemingly not considered are other benefits that the availability of PEG Access can predictably generate, including making it possible to better inform the taxpaying and voting public. regarding City operations and needs, making it possible for AUSD to deliver knowledge to school children living within the Atascadero franchise area. and/or providing accurate local news for residents in a timelier manner than would otherwise be possible using media currently available. Accordingly, I must encourage the City Council at this time to take such steps as will assure it of better information than has been included in the above report in order to achie'0 a positive improvement to those services previously denied in prior Falcon franchi agreements) here. Respectfully, R. S. Kolemaine 000011 Page 3/3 F �c4n �A1e ssue F eraaairscon fusn g '. s r Ta.tlie editor The T T story regarding City : Sp of veAtascadera efforts to p�+ improcable service tares? � E l �!Ial ;dents by City Manager Wade McKuiney'(thatxan Sept.8)sug Mention is: also made of an Calf `' Bests that ottr city"finaIlybaa effort to finally addxess fhe ' put the;ball in Falcgn Cable's issue bf,a PEG(Public court to puf up of shat upinso- Educational Governmental) far.as the caliber of TY service Access channel on the table;for available here thefirst fiine�ever But I'm a little uncertain !t he 6M results of a survey , among cable subscribers I h helped McKinney author areas clear to.citizens in our area a9 could be. Although 67 percent(of the 5 percent of.subscribers who responded)who replied to Falcon indicated theyhad"no , interest"in PEG programming and 89 percent indicated they; would be unwilling to'pay an , additiMal 21 cents per month:to have PEG available to hem;few if any of us have ever seen PEG Programming,much;less made . use of it to inform their neigli bors of goings on in the cam-` munity not visible or:entirely available.on broadcast TY and. . newspapers As silly as asking blind peo= _ ple if they preferred red or green,the survey does offer a;. data baseline to measiure future,_ attitudes against Another 19 tin- interest ininterest in PEG and another. percent said"maybe" ,per centages broadcastnetworks would;kill for these dais The majorproblem:of course, is Atascadero City Counc�I must first instruct Falcon#o make a PEG channel available , for strictly looal,noncommer : A cial;:informational program Ming for subscribers to view,as provided by federal regulation - for.the past 16 years The forgotten concept is that residents should have useful, even vital;information deliv &red to their.homes via Cable crisis crossing our puhhc rights of way,rather t}an mere commef cfal enteftaiiiinent Rust'Kolemaine: 000012 ITEM NUMBER: A - 2 DATE: 11/10/98 MINUTES ATASCADERO CITY COUNCIL MEETING - TUESDAY, OCTOBER 27, 1998 . CLOSED SESSION,6:15 P.M.: Mayor Carden called the Closed Session to order at 6:15 p.m. 1) Conference with negotiator over real property. (Govt. Code 54956.8) Negotiator: City Manager Wade McKinney Property: Mr. & Mrs. Hensley, 9085 Morro Road 2) Personnel: City Manager(Govt. Code Sec. 54957.6) 3) Conference with legal counsel (Govt. Code Sec. 54956.9 (b)) Significant exposure to litigation. City Attorney Roy Hanley announced that the Council gave direction to Mr. McKinney concerning negotiating over real property. REGULAR SESSION, 7:00 P.M.: Mayor Carden called the Regular Session to order at 7:01 p.m. and Mayor Pro Tem Johnson led the Pledge of Allegiance. ROLL CALL: Present: Council Members Clay, Johnson, Lerno, Luna and Mayor Carden Absent: None Others Present: City Clerk Marcia Torgerson Staff Present: City Manager Wade McKinney, Police Chief Dennis Hegwood, Fire Chief Mike McCain, Community Services Director Brady Cherry, Administrative Services Director Rachelle Rickard, Community and Economic Development Director Paul Saldana, and City Attorney Roy Hanley. 000013 APPROVAL OF AGENDA: MOTION: By Council Member Luna and seconded by Council Member Clay to approve the agenda. Motion passed 5:0 by a roll-call vote. _ COUNCIL ANNOUNCEMENTS AND REPORTS: None PRESENTATIONS: 1. Police Chief Dennis Hegwood will introduce to Council the new Police K-9 Lesko and his handler Officer Robert Molle: Chief Hegwood introduced K-9 officer Lesko and his handler Officer Robert Molle. He told the Council that even though they have been on the streets for a short period of time,they have already proven themselves to be an effective crime-fighting tool. Mayor Carden stated that this is an example where the community and the city have worked together. He thanked Officer Molle for giving the extra time and effort involved with the K-9 program. Officer Molld thanked the Council for the opportunity. 2. Proclamation"Red Ribbon Celebration" October 23-31, 1998 Suzzi Crouch Recreation Coordinator, accepted the proclamation with some of the youth participating in our Recreational Program. Council Member Clay said that Suzzi is doing an outstanding job with the Recreational Program. COMMUNITY FORUM: Rush Kolemaine, P.O. Box 1990,told the Council that at their last meeting there were many questions asked of the City Manager about PEG access. However,the City Manager did not answer the questions. He asked the Council to instruct the City Manager to answer those questions. He also asked the Council to seriously consider PEG access for Atascadero. A. CONSENT CALENDAR: Roll Call 1. Del Rio Bridge Seismic Retrofit Project—Federal Aid Program Supplement No. 001-M- Fiscal Impact: None (Staff recommendation: Council authorize, by minute order, the City Manager to execute Federal Air Program Supplement No. 001-Mfor the Del Rio Bridge Seismic Retrofit Project) [Brady Cherry] CC 10/27/98 2 Page 2 of 4 UU0014 2. SLOCOPS DUI Grant Program- Multi-Agency DUI Enforcement/Education Grant— Fiscal Impact: Negligible (Staff recommendation: Council adopt Resolution No. 1998- 046, authorizing the Atascadero Police Department to participate in a multi-agency DUI enforcement/education grant program) [Dennis Hegwood] MOTION: By Council Member Luna and seconded by Mayor Pro Tem Johnson to approve Items#A-1 and 2. Motion passed 5:0 by a roll--call vote. B. PUBLIC HEARINGS: 1. Zone Change #98008 — Sign Ordinance Amendment Relative to Public Transit Facilities (City of Atascadero)—Fiscal Impact: Negligible (Staff recommendation: 1.) Council find the project would not have significant adverse effects on the environment and that, based on the information contained in the record as it exists to this date, the Draft Negative Declaration prepared for the project should be adopted as adequate under the requirements of the California Environmental Quality Act (CEQA); and 2.) Council introduce, on first reading, waiving reading in full, Ordinance No. 354, amending the Zoning Ordinance relating to signs.) [Paul Saldanal Community and Economic Development Director Paul Saldana gave the staff report and answered questions of Council. There was Council discussion about the legal aspects of signage on public property. PUBLIC COMMENT U LIC Rush Kolemaine, P.O. Box 1990, stated that this topic was included in the report he prepared regarding transit. Mr. Kolemaine stated that he supports staff's report with his suggested modifications concerning size and location of signage. Bill Zimmerman, 6225 Lomitas Road, Chairman of the Planning Commission. He stated that the Planning Commission voted 5:1 against signs on benches. He urged the Council to consider getting benches without signs. Mayor Carden closed the Public Comment period Council Member Luna and Council Member Lerno expressed concern about having transit signs if it is not going to be profitable. Mayor Pro Tem Johnson stated that he was not opposed to advertising on the transit benches if it is tastefully done. There was Council discussion about the design of the advertising. Staff said that they would be coming back to Council with a policy for their review. - CC 10/27/98 3 Page 3 of 4 000015 MOTION: By Mayor Pro Tem Johnson and seconded by Council Member Clay to, 1) Find the project would not have significant adverse effects on the environment and that,based on the information contained in the record as it exists to this date,the Draft Negative Declaration prepared for the project should be adopted as adequate under the requirements of the California Environmental Quality Act(CEQA); and 2) Introduce, on first reading,waiving reading in full, Ordinance No.354, amending the Zoning Ordinance relating to signs. Motion passed 5:0 by a roll-call vote. C. MANAGEMENT REPORTS: 1. Information Bulletin City Manager Wade McKinney reminded the Council that tomorrow, Wednesday October 28, 1998, the City is co-hosting with the BIA a presentation of Ms. Kennedy Lawson Smith, Director of the National Historic Trust, specializing in Main Street Revitalization. Mr. McKinney also announced that tonight is Alice Milham's (Atascadero News reporter) last meeting. He stated that the City has appreciated working with her and her support. D. COMMITTEE REPORTS: None. . E. INDIVIDUAL DETERMINATION AND/OR ACTION: None. F. ADJOURNMENT: Mayor Carden adjourned the Regular Session at 7:54 p.m. to the Redevelopment Agency Meeting immediately following this meeting. MINUTES RECORDED AND PREPARED BY: Marcia McClure Torgerson, City Clerk CC 10/27/98 4 Page 4 of 4 000016 ITEM NUMBER: A — 3 DATE: 11/10/98 ... ■. ■ ■ r. , 1 8 NOR - A CADS City Treasurer's Agenda Report Rudy Hernandez Treasurer's Report - June 1998 RECOMMENDATION: City Treasurer and Staff recommend that Council review and accept the June 1998 Treasurer's Report REPORT IN BRIEF: Cash and Investments' Checking $ 397,901 Certificates of Deposit 1,029,681 LAIF 7,702,447 Cash with Fiscal Agent: 261,614 Cash;in Banks at June 30, 1998 $ 9,391,643 Deposits in Transit 12,634 Outstanding Checks (129,104) Cash and Investments at June 30, 1998 $ 9,275,173 FISCAL IMPACT: None RESPONSIBLE DEPARTMENT: Finance ATTACHMENTS: Cash and Investments Activity Summary Cash and Investments by Func Time Deposits, Certificates of Deposit, Savings and Local Agency Investment Fund Schedule of Certificates of Deposit Page i of 5 000017 CITY OF ATASCADERO TREASURER'S REPORT CASH&INVESTMENTS ACTIVITY SUMMARY FOR THE MONTH OF JUNE 1998 - CHECKING FISCAL ACCOUNT INVESTMENTS AGENT TOTALS Balance per Banks at June 1, 1998 $ 250,887 $ 9,880,223 $ 260,346 $ 10,391,456 Receipts 1,156,863 1,905 1,268 1,160,036 Disbursements (2,159,849) (2,159,849) Transfers In 1,400,000 250,000 1,650,000 Transfers Out (250,000) (1,400,000) (1,650,000) Balance per Banks at June 30, 1998 $ 397,901 $ 8,732,128 $ 261,614 9,391,643 Deposits in Transit 12,634 Outstanding Checks (129,104) Adjusted Treasurer's Balance $ 9,275,173 CITY OF ATASCADERO R DY ,RNANDE Ci er Page 2 of 000018 CITY OF ATASCADERO TREASURER'S REPORT CASH&INVESTMENTS BY FUND JUNE 1998 RESERVED UNRESERVED CASH(1) CASH(2) TOTALS POOLED CASH General Fund $ - $ 1,177,926 Gas Tax Fund 31,867 Development Fee Fund 1,164 Community Development Block Grant - Police Development Fees Fund - Fire Development Fees Fund 49,418 Parks&Rec Development Fees Fund 32,794 Drainage Development Fees Fund 222,314 Amapoa-Tecorida Fees Fund 138,277 Public Works Development Fees Fund 610,949 Street Maintenance Districts Fund 49,176 TDA Non-Transit Fund 174,222 Sidewalk Fund 45,669 Capital Projects Fund - Camino Real Construction Fund 33,863 Dial-A-Ride Fund 79,140 Wastewater Operations Fund 2,715,058 Sewer Facilities Fund 2,979,926 Technology Fund 179,000 Assessment District#3 3,317 Assessment District#4 121,774 Assessment District#5 - Camino Real Debt Service Fund 187,389 92 Street Improvement Assessment Fund 112,982 Assessment District#7 - Assessment District#8 665 Assessment District#9 42,708 Assessment District#10 - 89 COP Debt Service Fund 74 Tree Plant Fund 23,887 Tree Association Fund - Total Pooled Cash $ 492,796 $ 8,520,763 $ 9,013,559 CASH WITH FISCAL AGENT Wastewater Operations Fund 5,152 Camino Real Debt Service Fund 203,206 92 Street Improvement Assessment Fund 53,256 89 COP Debt Service Fund - Total Cash with Fiscal Agent $ 261,614 $ - 261,614 Total of All Cash $ 9,275,173 Page 3 of 5 0U0019 CITY OF ATASCADERO TREASURER'S REPORT TIME DEPOSITS, CERTIFICATES OF DEPOSIT, SAVINGS AND LOCAL AGENCY INVESTMENT FUND JUNE 1998 INVESTMENT INTEREST AMOUNT EARNINGS Orange County Investment PoolfIRAN $ - $ 1,609 (6) Orange County Investment Poo - 51,206 (6). Local Agency Investment Fund(3) 7,702,447 107,240 Certificates of Deposit(see attached.schedule) 1,029,681 25,317 TOTAL $ 8,732,128 185,372 Mid State Interest Received 2,742 TOTAL INTEREST RECEIVED $ 188,114 (5) Notes: (1) Reserved Fund Cash is specified for City debt service. (2) Unreserved Fund cash can be used for normal operations of the City. (3) On July 1, 1997, the City received$1,200,000 in the form of a Tax Revenue Anticipation Note(IRAN). The City repaid this amount including $ 53,850 of interest (4.50% per annum) on June 25, 1998. The total repayment($1,200,000+$53,850)was$1,253,850. (4) June 1998 interest yields were as follows: Orange County Not available LAIF 5.67% Mid-State 1.00% (5) This is the actual amount deposited to City accounts and does not reflect interest amounts accrued but not received. Also not included above are interest amounts earned in Fiscal Agent or County accounts, which are used for bond retirement purposes. Furthermore, with the exception of the Orange County Investment Pool, interest earnings are reported on a calendar year basis. (6) On December 6, 1994, Orange County filed a Chapter 9 bankruptcy with the courts. The City recognized a loss of.$1,155,283.04 on the OCIP for the 1994-95 fiscal year. The City is attempting to recover the principal plus interest through a lawsuit filed against the OCIP. The interest received above is post-petition interest for the period from Decemberl, 1994 through July 20, 1995. Page 4 of 5 000020 CITY OF ATASCADERO TREASURER'S REPORT SCHEDULE OF CERTIFICATES OF DEPOSIT JUNE 1998 PURCHASE MATURITY YIELD YTD BANK DATE DATE RATE AMOUNT INTEREST Bank of Santa Marr 1/27/98 7/20/98 5.01% $ 99,000.00 $ 2,539.65 Templeton Bank of Americf 1/30/98 7/29/98 4.60% $ 99,000.00 $ 2,289.65 Atascadero Los Padres Savings 2/8/98 8/12/98 5.00% $ 99,000.00 $ 2,505.70 Santa Maria First Bank of SLO 2/19/98 8/19/98 5.40% $ 99,000.00 $ 2,877.88 San Luis Obispo Wells Fargo Bank 2/22/98 8/22/98 4.50% $ 99,000.00 $ 2,227.50 San Luis Obispo West America Bank 2/23/98 8/23/98 5.00% $ 99,000.00 $ 2,463.13 San Luis Obispo First Bank &Trusl 2/28/98 8/28/98 5.48% $ 99,000.00 $ 2,614.20 Santa Maria Santa Barbara Bank & 3/7/98 9/6/98 5.24% $ 99,000.00 $ 2,530.96 Trust-Santa Maria Santa Lucia Bank 6/18/98 12/18/98 5.10% $ 38,681.00 $ 339.00 Atascadero I Washington Mutua 6/21/98 12/18/98 4.89% $ 100,000.00 $ 2,490.03 San Luis Obispo Union Bank 6/22/98 12/21/98 4.80% $ 9900.00 $ 2,438.96 Atascadero $1,029,681.00 $25,316.66 Page 5 of 5 000021 ITEM NUMBER: A - 4 DATE: 11/10/98 Big" 21.0 �{lots R 1979 r', CAD City Treasurer's Agenda Report Rudy Hernandez Treasurer's Report- July 1998 RECOMMENDATION: City Treasurer and Staff recommend that Council review and accept the July 1998 Treasurer's Report REPORT IN BRIEF: Cash and Investments Checking $ 138,511 Certificates of Deposit 1,029,681 LAW 7,818,331 Cash with Fiscal Agents 262,678 Cash in Banks at July 31, 1998 $ 9,249,201 Deposits in Transit 54,325 Outstanding Checks (252,966) Cash and Investments at July 31, 1998 $ 9,050,560 FISCAL IMPACT: None RESPONSIBLE DEPARTMENT: Finance ATTACHMENTS: Cash and Investments Activity Summary Cash and Investments by Fund Time Deposits, Certificates of Deposit, Savings and Local Agency Investment Fund Schedule of Certificates of Deposit Page 1 of 000022 CITY OFATASCADERO TREASURER'S REPORT CASH&INVESTMENTS ACTIVITYSUM117ARY FOR THE MONTH OF JULY 1998 CHECKING FISCAL ACCOUNT INVESTMENTS AGENT TOTALS Balance per Banks at July 1, 1998 $ 397,901 $ 8,732,128 $ 261,614 $ 9,391,643 Receipts 747,964 115,884 1,064 864,912 Disbursements (1,007,354) (1,007,354) Transfers In 100,000 100,000 200,000 Transfers Out (100,.000) (100,000) (200,000) Balance per Banks at July 31, 1998 $ 138,511 $ 8,848,012 $ 262,678 9,249,201 Deposits in Transit 54,325 Outstanding Checks (252,966) Adjusted Treasurer's Balance $ 9,050,560 CITY OF ATASCADERO EZ City Treasurer Page 2 of 5 000023 CITY OFATASCADERO TREASURER'S REPORT CASH&INVESTMENTS BY FUND JULY 1998 RESERVED UNRESERVED CASH(1) CASH(2) TOTALS POOLED CASH General Fund $ - $ 954,231 Gas Tax Fund 24,590 Development Fee Fund 1,179 Community Development Block Grant (10,053) Police Development Fees Fund 3,234 Fire Development Fees Fund 57,192 Parks&Rec Development Fees Fund 51,805 Drainage Development Fees Fund 231,294 Amapoa-Tecorida Fees Fund 161,349 Public Works Development Fees Fund 632,609 Street Maintenance Districts Fund 49,742 TDA Non-Transit Fund 170,880 Sidewalk Fund 45,859 Capital Projects Fund (65,722) Camino Real Construction Fund 34,212 Dial-A-Ride Fund 52,881 Wastewater Operations Fund 2,726,053 Sewer Facilities Fund 2,988,585 Building Maintenance Fund (5,292) Technology Fund 178,680 Assessment District#3 3,418 Assessment District#4 121,974 Assessment District#5 (20) Camino Real Debt Service Fund 189,195 92 Street Improvement Assessment Fund 113,957 Assessment District#7 (259) Assessment District#8 672 Assessment District#9 51,395 Assessment District#10 - 89 COP Debt Service Fund 77 Tree Plant Fund 24,167 Tree Association Fund (2) Total Pooled Cash $ 504,574 $ 8,283,308 $ 8,787,882 CASH WITH FISCAL AGENT Wastewater Operations Fund 5,152 Camino Real Debt Service Fund 204,049 92 Street Improvement Assessment Fund 53,477 89 COP Debt Service Fund - - Total Cash with Fiscal Agent $ 262,678 $ 262,678 Total of All Cash $ 9,050,560 Page 3of5 000024 CITY OF ATASCADERO TREASURER'S REPORT TIME DEPOSITS, CERTIFICATES OF DEPOSIT, SAVINGS AND LOCAL AGENCY INVESTMENT FUND JULY 1998 INVESTMENT INTEREST AMOUNT EARNINGS Orange County Investment Pool/TRAN $ - $ 1,609 (5) Orange County Investment Poo - 51,206 (5) Local Agency Investment Fund(3) 7,818,331 223,124 Certificates of Deposit(see attached schedule) 1,029,681 29,450 TOTAL $ 8,848,012 305,389 Mid State Interest Received 2,952 TOTAL INTEREST RECEIVED $ 308,341 (4) Notes: (1) Reserved Fund Cash is specified for City debt service. (2) Unreserved Fund cash can be used for normal operations of the City. (3) July 1998 interest yields were as follows: Orange County Not available LAIF 5.65% Mid-State 1.00% (4) This is the actual amount deposited to City accounts and does not reflect interest amounts accrued but not received. Also not included above are interest amounts earned in Fiscal Agent or County accounts, which are used for bond retirement purposes. Furthermore, with the exception of the Orange County Investment Pool, interest earnings are reported on a calendar year basis. (5) On December 6, 1994, Orange County filed a Chapter 9 bankruptcy with the courts. The City recognized a loss of $1,155,283.04 on the OCIP for the 1994-95 fiscal year. The City is attempting to recover the principal plus interest through a lawsuit filed against the OCIP. The interest received above is post-petition interest for the period from Decemberl, 1994 through July 20, 1995. Page 4 of 5 000025 CITY OFATASCADERO TREASURER'S REPORT SCHEDULE OF CERTIFICATES OF DEPOSIT JULY 1998 _ PURCHASE MATURITY YIELD YTD BANK DATE DATE RATE AMOUNT INTEREST Los Padres Savings 2/8/98 8/12/98 5.00% $ 99,000.00 $ 2,932.04 Santa Maria First Bank of SLO 2/19/98 8/19/98 5.40% $ 99,000.00 $ 3,352.25 San Luis Obispo Wells Fargo Bank 2/22/98 8/22/98 4.50% $ 99,000.00 $ 2,598.75 San Luis Obispo West America Bank 2/23/98 8/23/98 5.00% $ 99,000.00 $ 2,883.04 San Luis Obispo First Bank&Trust 2/28/98 8/28/98 5.48% $ 99,000.00 $ 3,055.63 Santa Maria Santa Barbara Bank& 3/7/98 9/6/98 5.24% $ 99,000.00 $ 2,961.47 rust-Santa Maria Santa Lucia Bank 6/18/98 12/18/98 5.10% $ 38,681.00 $ 339.00 Atascadero Washington Mutual 6/21/98 12/18/98 4.89% $ 100,000.00 $ 2,901.40 San Luis Obispo Union Bank 6/22/98 12/21/98 4.80% $ 99,000.00 $ 2,834.96 Atascadero Mid State Bank 7/20/98 1/15/99 4.76% $ 99,000.00 $ 2,948.05 Templeton Bank of America 7/29/98 1/27/99 4.60% $ 99,000.00 $ 2,643.85 Atascadero $1,029,681.00 $29,450.44 Page 5of5 000026 ITEM NUMBER: A — 5 DATE: 11/10/98 1918 1979 - �ti City Treasurer's Agenda Report Rudy Hernandez Treasurer's Report - August 1998 RECOMMENDATION: City Treasurer and Staff recommend that Council review and accept the August 1998 Treasurer's Report REPORT IN BRIEF: Cash and Investments Checking $ 397,852 Certificates of Deposit 1,029,681 LAIF 7,118,331 Cash with Fiscal Agents 443,923 Cash in Banks at August 31, 1998 $ 8,989,787 Deposits in Transit 9,896 Outstanding Checks (484,245) Cash and Investments at August 31, 1998 $ 8,515,438 FISCAL IMPACT: None RESPONSIBLE DEPARTMENT: Finance ATTACHMENTS: Cash and Investments Activity Summary Cash and Investments by Fund Time Deposits, Certificates of Deposit, Savings and Local Agency Investment Fund Schedule of Certificates of Deposit Page 1 of 5 00002'7 CITY OFATASCADERO TREASURER'S REPORT CASH&INVESTMENTS ACTIVITYSUMMARY FOR THE MONTH OF AUGUST 1998 CHECKING FISCAL ACCOUNT INVESTMENTS AGENT TOTALS Balance per Banks at August 1, 1998 $ 138,511 $ 8,848,012. $ 262,678 $ 9,249,201 Receipts 856,409 1,090 857,499 Disbursements (1,116,913) (1,116,913) Transfers In 700,000 180,155 880,155 Transfers Out (180,155) (700,000). (880,155) Balance per Banks at August 31, 1998 $ 397,852 $ 8,148,012 $ 443,923 8,989,787 Deposits in Transit 9,896 Outstanding Checks (484,245) Adjusted Treasurer's Balance $ 8,515,438 CITY OF ATASCADERO UDY HERNANDEZ City Treasurer Page 2 of 5 000028 CITY OFATASCADERO TREASURER'S REPORT CASH&INVESTMENTS BY FUND AUGUST 1998 RESERVED UNRESERVED CASH(1) CASH(2) TOTALS POOLED CASH General Fund $ - $ 804,699 Gas Tax Fund (18,543) Development Fee Fund 1,174 Community Development Block Grant (16,126) Police Development Fees Fund 4,777 Fire Development Fees Fund 64,344 Parks&Rec Development Fees Fund 61,997 Drainage Development Fees Fund 232,309 Amapoa-Tecorida Fees Fund 164,045 Public Works Development Fees Fund 636,558 Street Maintenance Districts Fund 48,066 TDA Non-Transit Fund 170,618 Sidewalk Fund 45,859 Capital Projects Fund (264,376) Camino Real Construction Fund 32,561 Dial-A-Ride Fund 21,440 Wastewater Operations Fund 2,679,278 Sewer Facilities Fund 2,986,497 Building Maintenance Fund (10,612) Technology Fund 173,944 Assessment District#3 3,418 Assessment District#4 52,484 Assessment District#5 (20) Camino Real Debt Service Fund 63,717 92 Street Improvement Assessment Fund 57,355 Assessment District#7 (259) Assessment District#8 672 Assessment District#9 51,394 Assessment District#10 - 89 COP Debt Service Fund 80 Tree Plant Fund 24,167 Tree Association Fund (2) Total Pooled Cash $ 253,006 $ 7,818,509 $ 8,071,515 CASH WITH FISCAL AGENT Wastewater Operations Fund 5,152 Camino Real Debt Service Fund 328,465 92 Street Improvement Assessment Fund 110,306 89 COP Debt Service Fund - - Total Cash with Fiscal Agent $ 443,923 $ 443,923 Total of All Cash $ 8,515,438 Page 3 of 5 CITY OF ATASCADERO TREASURER'S REPORT TIME DEPOSITS. CERTIFICATES OF DEPOSIT, SAVINGS AND LOCAL AGENCY INVESTMENT FUND AUGUST 1998 _ INVESTMENT INTEREST AMOUNT EARNINGS Orange County Investment Pool/TRAN $ - $ 1,609 (5) Orange County Investment Poo - 51,206 (5) Local Agency Investment Fund(3) 7,118,331 223,124 Certificates of Deposit(see attached schedule) 1,029,681 33,337 TOTAL $ 8,148,012 309,276 Mid State Interest Received 3,306 TOTAL INTEREST RECEIVED $ 312,582 (4) Notes: (1) Reserved Fund Cash is specified for City debt service. (2) Unreserved Fund cash can be used for normal operations of the City. (3) August 1998 interest yields were as follows: Orange County Not available LAIF 5.65% Mid-State 1.00% (4) This is the actual amount deposited to City accounts and does not reflect interest amounts accrued but not received. Also not included above are interest amounts earned in Fiscal Agent or County accounts, which are used for bond retirement purposes. Furthermore, with the exception of the Orange County Investment Pool, interest earnings are reported on a calendar year basis. (5) On December 6, 1994, Orange County filed a Chapter 9 bankruptcy with the courts. The City recognized a loss of $1,155,283.04 on the OCIP for the 1994-95 fiscal year. The City is attempting to recover the principal plus interest through a lawsuit filed against the OCIP. The interest received above is post-petition interest for the period from Decemberl, 1994 through July 20, 1995. Page 4 of 5 000030 CITY OF ATASCADERO TREASURER'S REPORT SCHED ULE OF CERTIFICATES OF DEPOSIT AUGUST 1995 PURCHASE MATURITY YIELD FTD BANK DATE DATE RATE AMOUNT INTEREST Santa Barbara Bank& 3/7/98 9/6/98 5.24% $ 99,000.00 $ 3,405.87 Trust-Santa Maria Santa Lucia Bank 6/18/98 12/18/98 5.10% $ 38,681.00 $ - Atascadero Washington Mutual 6/21/98 12/18/98 4.89% $ 100,000.00 $ 3,312.77 San Luis Obispo Union Bank 6/22/98 12/21/98 4.80% $ 99,000.00 $ 3,244.16 Atasca.dero Mid State Bank 7/20/98 1/15/99 4.76% $ 99,000.00 $ 3,348.73 Templeton AWank of America 7/29/98 1/27/99 4.60% $ 99,000.00 $ 3,036.00 tascadero Los Padres Savings 8/7/98 2/3/99 5.06% $ 99,000.00 $ 3,358.38 Santa Maria Wells Fargo Bank 8/22/98 2/20/99 4.50% $ 99,000.00_ $ 2,994.75 San Luis Obispo West America Bank 8/21/98 2/17/99 4.90% $ 99,000.00 $ 3,302.96 San Luis Obispo First Bank&Trust 8/28/98 2/28/99 4.53% $ 99,000.00 $ 3,491.20 Santa Maria First Bank of SLO 8/18/98 8/18/99 5.30% $ 99,000.00 $ 3,842.44 San Luis Obispo $1,029,681.00 $33,337.26 Page 5 of 5 000031 ITEM NUMBER: A — 6 DATE: 11/10/98 r ni n ■ 1 8 1 19 - CAD�� City Treasurer Is Agenda Report Rudy Hernandez Treasurer's Report - September 1998 RECOMMENDATION: City Treasurer and Staff recommend that Council review and accept the September 1998 Treasurer's Report REPORT IN BRIEF: Cash and Investments Checking $ 821,108 Certificates of Deposit 1,029,681 LAIF 6,418,331 Cash with Fiscal Agents 262,642 Cash in Banks at September 30, 1998 $ 8,531,762 Deposits in Transit 2,241 Outstanding Checks (330,774) Cash and Investments at September 30, 1998 $ 8,203,229 FISCAL IMPACT: None RESPONSIBLE DEPARTMENT: Finance ATTACHMENTS: Cash and Investments Activity Summary Cash and Investments by Fund Time Deposits,Certificates of Deposit, Savings and Local Agency Investment Fund Schedule of Certificates of Deposit Page 1 of 5 000032 CITY OFATASCADERO TREASURER'S REPORT CASH&INVESTMENTS ACTIVITY SUMMARY FOR THE MONTH OF SEPTEMBER 1998 - CHECKING FISCAL ACCOUNT INVESTMENTS AGENT TOTALS Balance per Banks at September 1, 1998 $ 397,852 $ 8,148,012 $ 443,923 $ 8,989,787 Receipts 872,029 1,222 873,251 Disbursements (1,148,773) (182,503) (1,331,276) Transfers In 700,000 700,000 Transfers Out (700,000) (700,000) Balance per Banks at September 30, 1998 $ 821,108 $ 7,448,012 $ 2_,642 8,531,762 Deposits in Transit 2,241 Outstanding Checks (330,774) Adjusted Treasurer's Balance $ 8,203,229 CITY OF ATASCADERO ERNANDEZ City Treasurer Page 2 of 5 000033 CITY OFATASCADERO TREASURER'S REPORT CASH&INVESTMENTS BY FUND SEPTEMBER 1998 RESERVED UNRESERVED CASH(1) CASH(2) TOTALS POOLED CASH General Fund $ - $ 590,778 Gas Tax Fund 3,473 Development Fee Fund 1,174 Community Development Block Grant (30,645) Police Development Fees Fund 7,030 Fire Development Fees Fund 71,071 Parks&Rec Development Fees Fund 75,218 Drainage Development Fees Fund 238,506 Amapoa-Tecorida Fees Fund 169,437 Public Works Development Fees Fund 606,621 Street Maintenance Districts Fund 48,066 TDA Non-Transit Fund 201,873 Sidewalk Fund 45,859 Capital Projects Fund (215,654) Camino Real Construction Fund 33,784 Dial-A-Ride Fund 82,353 , Wastewater Operations Fund 2,627,986 Sewer Facilities Fund 2,992,385 Building Maintenance Fund (23,212) Technology Fund 161,476 Assessment District#3 3,418 Assessment District#4 52,484 Assessment District#5 (20) Camino Real Debt Service Fund 63,717 92 Street Improvement Assessment Fund 57,355 Assessment District#7 (259) Assessment District#8 672 . Assessment District#9 51,395 Assessment District#10 - 89 COP Debt Service Fund 80 Tree Plant Fund 24,167 Tree Association Fund (2) Total Pooled Cash $ 253,007 $ 7,687,579 $ 7,940,586 CASH WITH FISCAL AGENT Wastewater Operations Fund 5,152 Camino Real Debt Service Fund 203,543 92 Street Improvement Assessment Fund 53,948 89 COP Debt Service Fund - Total Cash with Fiscal Agent $ 262,643 $ - 262,643 Total of All Cash Page 3 of 5 $ 8,203,229 000034 CITY OF ATASCADERO TREASURER'S REPORT TIME DEPOSITS, CERTIFICATES OF DEPOSIT, SAVINGS AND LOCAL AGENCY INVESTMENT FUND SEPTEMBER 1998 INVESTMENT INTEREST AMOUNT EARNINGS Orange County Investment POOUTRAN $ - $ 1,609 (5) Orange County Investment Poo - 51,206 (5) Local Agency Investment Fund(3) 6,418,331 223,124 Certificates of Deposit(see attached schedule) 1,029,681 37,399 TOTAL $ 7,448,012 313,338 Mid State Interest Received 3,621 TOTAL INTEREST RECEIVED $ 316,959 (4) Notes: (1) Reserved Fund Cash is specified for City debt service. (2) Unreserved Fund cash can be used for normal operations of the City: (3) September 1998 interest yields were as follows: Orange County Not available LAIF 5.64% Mid-State 1.00% (4) This is the actual amount deposited to City accounts and does not reflect interest amounts accrued but not received. Also not included above are interest amounts earned in Fiscal Agent or County accounts, which are used for bond retirement purposes. Furthermore, with the exception of the Orange County Investment Pool, interest earnings are reported on a calendar year basis. (5) On December 6, 1994, Orange County filed a Chapter 9 bankruptcy with the courts. The City recognized a loss of $1,155,283.04 on the OCIP for the 1994-95 fiscal year. The City is attempting to recover the principal plus interest through a lawsuit filed against the OCIP. The interest received above is post-petition interest for the period from Decemberl, 1994 through July 20, 1995. Page 4 of 5 000035 CITY OF ATASCADERO TREASURER'S REPORT SCHEDULE OF CERTIFICATES OF DEPOSIT SEPTEMBER 1998 PURCHASE MATURITY YIELD YTD BANK DATE DATE RATE AMOUNT INTEREST Santa Lucia Bank 6/18/98 12/18/98 5.10% $ 38,681.00 $ - Atascadero Washington Mutual 6/21/98 12/18/98 4.89% $ 100,000.00 $ 3,710.87 San Luis Obispo Union Bank 6/22/98 12/21/98 4.80% $ 99,000.00 $ 3,653.36 Atascadero Mid State Bank 7/20/98 1/15/99 4.76% $ 99,000.00 $ 3,749.41 Templeton Bank of America 7/29/98 1/27/99 4.60% $ 99,000.00 $ 3,415.50 Atascadero .Los Padres Savings 8/7/98 2/3/99 5.06% $ 99,000.00 $ 3,770.94 Santa Maria Wells Fargo Bank 8/22/98 2/20/99 4.50% $ 99,000.00 $ 3,378.37 San Luis Obispo West America Bank 8/21/98 2/17/99 4.90% $ 99,000.00 $ 3,720.68 San Luis Obispo First Bank&Trust 8/28/98 2/28/99 4.53% $ 99,000.00 $ 3,859.81 Santa Maria First Bank of SLO 8/18/98 8/18/99 5.30% $ 99,000.00 $ 4,294.26 San Luis Obispo Santa Barbara Bank& 3/7/98 9/6/98 5.24% $ 99,000.00 $ 3,846.27 Trust-Santa Maria $1,029,681.00 $37,399.47 Page 5 of 5 000036 ITEM NUMBER: A - 7 DATE: 11/10/98 leis ® �9 e ,i City Manager's Agenda Report Wade G. McKinney Road Abandonment #98001 (Portion of Tecolote Road: Davis) RECOMMENDATIONS: The Planning Commission recommends that Council: 1. Find that the project would not have a significant effect on the environment andthat the Negative Declaration prepared for the project is therefore adequate under the requirements of the California Environmental Quality Act(CEQA); and 2. Adopt Resolution No. 1998-049, approving Road Abandonment#98001. DISCUSSION: Analysis: The right-of-way for Tecolote Road has existed in its present location since the Atascadero Colony Map was recorded in 1914. In 1990, the road was improved and accepted by the City. The right-of--way extends easterly a distance of approximately 1,200 feet from its junction with Llano Road. At present, the Tecolote Road right-of-way provides access to only one improved parcel located at the intersection of Llano and Tecolote Roads. Other than that one parcel owned by others, the right-of-way only serves vacant land under the ownership of the applicant. The applicant proposes to abandon the easterly 550 feet of the right-of-way, beyond where the driveway to the existing residence connects (Attachments A&B). The applicant wishes to have the City abandon this portion of right-of-way in order to construct a fence and gate across the existing roadway. The barricade would serve two purposes. First, it would allow cattle to graze on both sides of the road. Second, it would prevent unauthorized access to the area. The road presently terminates in an area that is not visible from other homes or other streets. As a result, illegal dumping and other undesirable activities occur. Both the Police and Fire Department support the proposed abandonment, but the Fire Department will need their own lock on the gate so an existing fire hydrant will remain accessible. 00003'7 ITEM NUMBER: A - 7 DATE: 11/10/98 In order for the City to abandon the subject right-of-way, the Planning Commission must make a finding of General Plan consistency and a Resolution must be adopted by the City Council and then recorded upon compliance with any conditions. General Plan Consistency -- Pursuant to the CA Government Code , "If a general plan or part thereof has been adopted...no real property shall be...vacated or abandoned...until the location, purpose and extent of such...street vacation or abandonment...has been submitted to and reported upon by the planning agency as to conformity with said general plan or part thereof. The location, extent and purpose of the proposed abandonment has been described above. Tecolote Road is not mentioned specifically anywhere in the General Plan nor are there General Plan policies that would seem to be affected by its abandonment. The Circulation Element designates roads that should be improved and/or extended, but Tecolote Road is not listed. The City's Engineering Standards discourage excessively long cul-de-sacs and the abandonment would further that policy. Abandonment -- Pursuant to the California Streets and Highways Code 2, "the legislative body of a local agency may summarily vacate...a portion of a street or highway that lies within property under one ownership and that does not continue through such ownership or end touching property of another." The proposed abandonment is consistent with this state requirement: Planning Commission Action: The Planning Commission considered the proposed Road Abandonment at a public hearing held on October 20, 1998 (Attachment Q. The Commission concurred with staff's recommendations and adopted Resolution Nos. PC 1998-032 and PC 1998-033 (Attachments D & E). Resolution No. PC 1998-032 finds the proposed Road Abandonment to be in conformance with the General Plan, as required by the above-referenced Government Code. Resolution No. PC 1998-033 recommends that the City Council approve the subject Road Abandonment application based on certain findings and conditions. It should be noted that the Conditions of Approval originally recommended by the City Engineer would have required the construction of a City Standard cul-de-sac at the point of abandonment. Planning staff felt that such a requirement would be premature and would cause unnecessary grading,potential tree removals and unwarranted costs to the applicant. If the applicant proposes to subdivide the property in the future, cul-de-sacs can be required where appropriate. Planning staff agrees with the general rule that dead end roads should terminate in a cul-de-sac, but feels this case is an exception given the circumstances where there does not appear to be an adequate public need to justify the potential environmental and monetary costs. In the end, the Planning Commission voted to recommend approval of the abandonment without a requirement that a cul- de-sac be constructed. • Section 65402 z Section-8334(b) 000038 ITEM NUMBER: A - 7 DATE: 11/10/98 Conclusions: The proposed abandonment would prevent the dumping and other illicit activities that have occurred in the area and would also release the City from the liability associafed with road maintenance. The proposed Road Abandonment is consistent with the General Plan, would be either neutral or beneficial to the environment and raises no substantial planning issues. FISCAL IMPACT: The City does not own the property proposed for abandonment, only the right to construct and maintain a public street on the property. Considering that the construction and maintenance of a public street is more a liability than asset,the abandonment would have positive fiscal effects. ALTERNATIVES: Alternative #1 —The Council could deny the proposed Road Abandonment. This alternative is not recommended because it would not serve a public purpose and would allow illegal dumping and other illicit activities to continue. Alternative #2 — The Council could approve the proposed Road Abandonment with a condition that requires the construction of a cul-de-sac at the point of abandonment. This alternative is not recommended because it seems premature and it does not appear that an adequate public need exists to justify the monetary and environmental costs potentially associated cul-de-sac construction. RESPONSIBLE DEPARTMENT: Community Development Department ATTACHMENTS: Attachment A—Location Map (General Plan) Attachment B—Location Map (zoning) Attachment C—Planning Commission Minutes Attachment D—Resolution No. PC 1998-032 Attachment E—Resolution No. PC 1998-033 Attachment F—Negative Declaration Attachment G—Resolution No. 1998-049 - 000039 x 0 9A 1 ®, 1918 a 1-97-9 Attachment A can>�8gj� Location Map (General Plan) Road Abandonment#9800 �b /51 HSA I A040- �~� OA \N 1 r" f� PoeTlvt�1 To Pq Qc1vL NoT ow�tEp • J ROAD W`, LLANO V00 r 00 Nq CT ti) yi `t 11 •..e 1I` tib. J SANTA I LVC1A Y 7AN0 R OAD A... r� V u II 000040 MIS d 1979 Attachment B Location Map (zoning) Road Abandonment#98001 RS ( CANE /SANjA '. 1 I , f ANT, OA ���- _ 'SAN �s L(FH) F99� 2tGNr• LOa"i 'ToaE � A ASAN iso 11E'i� w 3 < 0 OAO Y� LLA S O O. r- Oy,141 RS 1 (, J` II ry RSS A TA «C,A L(FH) �--� 0 ANO RO A 000041 s r a a 1979 Attachment C Egp Planning Commission Minutes Road Abandonment#98001 Planning Commission Meeting-October 20, 1998 SUBJECT: B. HEARINGS,APPEARANCES AND REPORTS 1. Road Abandonment#98003-Portion of Tecolote Road(Catherine Davis) Request that the City abandon a portion of the right-of-way for Tecolote Road. (Staff recommendation: (1)Make a finding that, based on the information currently contained in the record, the project would not have a significant effect on the environment and that the Draft Negative Declaration prepared for the project is therefore adequate under the requirements of the California Environmental Quality Act(CEQA). (2)Adopt Resolution No. PC 1998-032,finding the subject Road . Abandonment consistent with the General Plan pursuant to Government Code Section 65402. (3)Adopt Resolution No. PC 1998-033, recommending that the City Council approve Road Abandonment#98001 based on certain findings and revised conditions). Gary presented the staff report explaining that there was a disagreement between staff and the City Engineer with regards to a Condition of Approval which requires a cul-de-sac. Staff feels that the Engineers requirement would require some extensive environmental disturbance and that the cost would be prohibitive to the applicant. Gary responded to questions from the Commissioners. There were questions regarding how the large parcel just beyond the road to be abandoned would be accessed;how people would turn-around if no cul-de-sac and if the City would be giving up something of value. Gary explained that the large parcel in questions was under the same owner- ship and it would be accessed by the paper road; as far as the City giving up something of value, Gary thought value would be gained-not lost-because the City would probably be giving up a ability. Chairman Zimmerman asked John Neil to comment on his recommendation for a cul-de-sac. John said there should be an adequate turn-around provided at the end of that public road. The American Association of State Highway Transportation Officials recommends a cul-de-sac type structure at the terminus of all dead-end roads;in this case,the City Standard cul-de-sac radius of 34 feet would meet that requirement. He added, that he believed that anyone needing to turn- around at the end of this road would have to use an existing driveway. TESTIMONY: Catherine Davis, applicant-said that she had obtained the signatures of eleven(11)of her .. neighbors endorsing'the road abandonment attached hereto as Exhibit A including Dr. and � g ( )� g Mrs. Coughlin-who are the only people that own a house on that road. . . . . . .closed to public testimony. . . . . . 000042 i g a 1 Attachment C,Page 2 CADEgp� Planning Commission Minutes Road Abandonment#98001 - Planning Commission Meeting-October 20, 1998 There was considerable discussion on the requirement of a cul-de-sac or a hammer-head type turn-around. Commissioner Hageman wondered what the environmental disturbance would be if the cul-de-sac was required and said if there's no turn-around provided cars and trucks will have to use the neighbor's driveway. Gary responded that without a plan showing grading and fill, there was no way of knowing the potential for tree removal and utility relocation. The Chairman recognized Catherine Davis who said that the Coughlin have indicated that phone and waterlines would have to be relocated and two(2) oak trees removed and they don't want a turn-around Commissioner Fonzi informed the Commissioners that she had driven her large van to the end of the road and was able to turn around without using the Coughlin's driveway. ACTION: Make a finding that,based on the information currently contained in the record, the project would not have a significant effect on the environment and that the Draft Negative Declaration prepared for the project is therefore adequate under the requirements of the California Environmental Quality Act(CEQA). Motion: Sauter Second: Eddings AYES: Sauter,Eddings,Fonzi, Arrambide, Clark NOES: Hageman,Zimmerman ABSENT: None MOTION PASSED: 5:2 ACTION: . Adopt Resolution No. PC 1998-032,finding the subject Road Abandonment consistent with the General Plan pursuant to Government Code Section 65402. Motion: Sauter Second: Eddings AYES: Sauter,Eddings,Fonzi, Arrambide, Clark,Zimmerman NOES: Hageman ABSENT: None 000043 Attachment D Resolution No.PC 1998-032 Road Abandonment#98001 RESOLUTION NO. PC 1998-032 - .A RESOLUTION OFTHE PLANNING COMMISSION OF THE CITY OF ATASCADERO FINDING THE PROPOSED ABANDONMENT OF A PORTION OF TECOLOTE ROAD TO BE IN CONFORMANCE WITH THE GENERAL PLAN (RA#98001: Davis) WHEREAS, the applicant has filed a Road Abandonment application requesting that the City abandon the easterly 550 feet of Tecolote Road; and WHEREAS, the portion of the Tecolote Road right-of-way proposed for abandonment serves only vacant property owned by the applicant; and WHEREAS, the abandonment would allow the applicant to fence the property and thereby prevent unauthorized access to the area and the illegal dumping and other undesirable activities which have occurred because of that access; and WHEREAS, the General Plan Circulation Element does not depict Tecolote Road as road that should be improved or extended in the future,or needed for any other public purpose; and WHEREAS, an Initial Study was conducted which indicates the proposed road abandonment would not have a significant effect on the environment; and WHEREAS, a Draft Negative Declaration has therefore been prepared and posted for the proposed abandonment which, barring any new information to the contrary, is adequate under the California Environmental Quality Act (CEQA); and WHEREAS; the Planning Commission of the City of Atascadero considered the proposed abandonment at a public hearing held October 20, 1998; NOW, THEREFORE, BE IT RESOLVED, that the Planning Commission of the City of Atascadero does hereby find Road Abandonment#98001 to be in conformance with the City of Atascadero General Plan pursuant to Government Code Section 65402. On motion by and seconded by the foregoing resolution is hereby adopted in its entirety by the following roll call vote: 000044 AYES:. NOES: - ABSENT: ADOPTED: CITY OF ATASCADERO, CA William Zimmerman, Chair ATTEST: PAUL M. SALDANA,Director Community Development Department - 000045 Attachment E Resolution No. PC 1998-033 Road Abandonment#98001 RESOLUTION NO. PC 1998-033 _ A RESOLUTION OF THE PLANNING COMIVIISSION OF THE CITY OF ATASCADERO RECOMMENDING THAT THE CI'T'Y COUNCIL ABANDON THE EASTERLY 550 FEET OF TECOLOTE ROAD (RA#98001: Davis) WBEREAS, the applicant has filed a Road Abandonment application requesting that the City abandon the easterly 550 feet of Tecolote Road; and WHEREAS, the portion of the Tecolote Road right-of-way proposed for abandonment serves only vacant property owned by the applicant, does not continue through said ownership to serve another and is considered excess right-of-way not required for public street purposes. The abandonment is therefore consistent with, and allowed under, the abandonment procedures contained-in Section 8334 of the CA Streets and Highways Code; and WHEREAS, upon recordation of the abandonment the right-of-way shown on Exhibit A hereto shall no longer constitute a public street right-bf--way. The applicant will be required to indemnify and hold the City harmless from claims that may arise from the abandonment procedure, and comply with other Conditions of Approval contained in Exhibit B hereto; and WHEREAS, the abandonment would allow the applicant to fence the property and thereby prevent unauthorized access to the area and the illegal dumping and`other undesirable . activities which have occurred because of that access; and WHEREAS, the proposed abandonment has been determined to be consistent with the General Plan pursuant to Government Code Section 65402. The Circulation Element does not depict Tecolote Road as road that should be improved, extended or needed for any other public purpose; and WBEREAS, an Initial Study was conducted which indicates the proposed road abandonment would not have a significant effect on the environment; and WHEREAS, a Draft Negative Declaration has therefore been prepared and posted for the proposed abandonment which, barring any new information to the contrary, is adequate under the California Environmental Quality Act (CEQA); and WHEREAS; the Planning Commission of the City of Atascadero considered the proposed abandonment at a public hearing held October 20, 1998; 000046 NOW, THEREFORE, BE IT RESOLVED, that the Planning Commission of the City of Atascadero does hereby recommend that the City Council approve Road Abandonment#98001 as shown by Exhibit A and based on the Conditions of Approval contained in Exhibit B. On motion by and seconded by , the foregoing resolution is hereby adopted in its entirety by the following roll call vote: AYES: NOES: ABSENT: ADOPTED: CITY OF ATASCADERO, CA SWilliam Zimmerman, Chair .ATTEST: ' PAUL M. SALDANA,Director Community Development Department OOVV,t j EXHIBIT A Right-of-way Recommended for Abandonment . Resolution No. PC 1998-033 r. L4 I y6 v i OAO-�� i ZS E FtRf_ SG By A3>FLiCO3t-AT Qp� J u OADLLANO :t. O 2� O 4 Oz. Y+ V" CT j I Jv i f ry a .r A TA ` I LUCIA 90 p \ , ANO _�p 4 O, H i i 000048 EXHIBIT B Recommended Conditions of Approval Resolution No. PC 1998-033 1. The extent of the abandonment shall be limited to the easterly 550 feet+/- of Tecolote Road,'as generally shown by Exhibit A hereto. 2. Prior to, or in conjunction with, the recordation of the abandonment, the applicant shall record an indemnity agreement holding the City harmless from any claims that may arise from the abandonment procedure. The agreement shall be reviewed and approved by the City Attorney prior to its recordation. 3. The applicant shall provide easements for all existing public utilities and waterlines within the segment of Tecolote Road to be abandoned. In addition, the applicant shall allow the Fire Department to place their own lock on the gate so that they can continue to access the area and the existing fire hydrant located within said segment of Tecolote Road to be abandoned. 000049 1 g m a Attachment F CADF,g� Negative Declaration Road Abandonment#98001 CITY OF A.TASCA.DERO NEGATIVE DECLARATION 6500 Palma Avenue Atascadero,CA 93422 805.461.5035 APPLICANT: Catherine C.Davis PO Box 666 Atascadero, California 93423 (805)466-2666 PROJECT TITLE: Road Abandonment#98001 PROJECT LOCATION: Easterly 550 feet of Tecolote Road PROJECT DESCRIPTION: The applicant proposes that the City abandon the easterly 550 feet of Tecolote Road. The portion of Tecolote Road proposed for abandonment serves only vacant property owned by the applicant. The abandonment would allow the applicant to fence the right-of-way. The fencing would allow cattle to graze on both sides of the road and would prevent unauthorized access to the area and the illegal dumping and other undesirable activities that have occurred. FINDINGS: 1. The project does not have the potential to degrade the environment. 2. The project will not achieve short-term to the disadvantage of long-term environmental goals. 3. The project does not have impacts which are individually limited, but cumulatively considerable. 4. The project will not cause substantial adverse effects on human beings either directly or indirectly. DETERAUNATION: Based on the above findings, and the information contained in the initial study(made a part hereof by reference and on file in the Community Development Department),it has been determined that the above project will not have an adverse impact on the environment. PREPARED BY: Gary Kaiser, Associate Planner DATE POSTED: October 12, 1998 DATE ADOPTED: 000050 Attachment G RESOLUTION NO. 1998-049 A RESOLUTION OF THE COUNCIL OF THE CITY OF ATASCADERO APPROVING THE ABANDONMENT OF THE EASTERLY 550 FEET OF TECOLOTE ROAD (RA 498001: Davis) WHEREAS, the applicant has filed a Road Abandonment application requesting that the City abandon the easterly 550 feet of Tecolote Road; and WHEREAS, the abandonment would allow the applicant to fence the property and thereby prevent unauthorized access to the area and the illegal dumping and other undesirable activities which have occurred because of that access; and WHEREAS, the portion of the Tecolote Road right-of-way proposed for abandonment serves only vacant property owned by the applicant, does not continue through said ownership to serve another and is considered excess right-of-way not required for public street purposes. The abandonment is therefore consistent with, and allowed under, the abandonment procedures contained in Section 8334 of the CA Streets and Highways Code; and WHE REAS, an Initial Study was conducted which indicates the proposed road abandonment would not have a significant effect on the environment; and WHEREAS, a Draft Negative Declaration has therefore been prepared and posted for the proposed abandonment which is adequate under the California Environmental Quality Act (CEQA); and WHEREAS; the Planning Commission of the City of Atascadero considered the proposed abandonment at a public hearing held October 20, 1998; WHEREAS, the proposed abandonment has been determined by the Planning Commission to be consistent with the General Plan pursuant to Government Code Section 65402. The Circulation Element does not depict Tecolote Road as road that should be improved, extended or needed for any other public purpose; and WHEREAS, upon recordation of this Resolution, the right-of-way shown on Exhibit A hereto shall no longer constitute a public street right-of-way. The applicant will be required to indemnify and hold the City harmless from claims that may arise from the abandonment procedure, and comply with other Conditions of Approval contained in Exhibit B hereto. 000051 NOW THEREFORE BE IT RESOLVEDh h t at the City Council of the City of Atascadero does hereby approve Road Abandonment#98001 as shown by Exhibit A and based on the Conditions of Approval contained in Exhibit B. On motion by and seconded by the foregoing resolution is hereby adopted in its entirety by the following roll call vote: AYES: NOES: ABSENT: ADOPTED: CITY OF ATASCADERO, CA HAROLD L. CARDEN III, Mayor ATTEST: MARCIA M. TORGERSON, City Clerk APPROVED AS TO FORM: ROY A. HANLEY, City Attorney 000052 r. ><9><s a a9 Exhibit A Cal Resolution No. 1998-049 L( H) RS ( ) ,Hf �SAHtA , IT _\ OA -S I s� L(FH) 99 C.bh, P. S 2tGNT�.�'q`1 'To AaAa7or�� 0 • o OAO rI LLA \ y02ry O O k As 7 �j �T 4 11 11 ri SAR S r� Luc,, L(FH) A •� / 1 ! i iG►•V te0 �iO,O R0'.0 \\ 1 000053 EXHIBIT B Resolution No. 1998-049 Conditions of Approval for Road Abandonment#98001 1. The extent of the abandonment shall be limited to the easterly 550 feet+/-of Tecolote Road, as generally shown by Exhibit A hereto. 2. Prior to, or in conjunction with, the recordation of the abandonment,the applicant shall record an indemnity agreement holding the City harmless from any claims that may arise from the abandonment procedure.. The agreement shall be reviewed and approved by the City Attorney prior to its recordation. 3. The applicant shall provide easements for all existing public utilities and waterlines within the segment of Tecolote Road to be abandoned. In addition,the applicant shall allow the Fire Department to place their own lock on the gate so that they can continue to access the area and the existing fire hydrant located within said segment of Tecolote Road to be abandoned. 000054 r ITEM NUMBER: A - 8 DATE: 11/10/98 iais ! 1979City Manager's Agenda Report Wade G. McKinney. Zone Change#98008 Sign Ordinance Amendment- Public Transit Facilities (City of Atascadero) RECOMMENDATION: Adopt Ordinance Number 354, an"Ordinance of the City Council of the City of Atascadero Amending Chapter 15 of Title 9 of the Atascadero Municipal Code Relating to Signs on Public Transit Facilities". DISCUSSION: On October 27, 1998, the City Council conducted a public hearing to consider amendments to the City's sign ordinance to allow for signage on public transit facilities. The Council adopted the ordinance and introduced Ordinance 354 for first reading. The attached Ordinance 354 reflects the changes approved by the Council and is in final format for adoption. The Ordinance will go into effect 31 days following its adoption. RESPONSIBLE DEPARTMENT: Community Development ATTACHMENTS: A. Ordinance No 354 000055 ORDINANCE NO. 354 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ATASCADERO AMENDING CHAPTER 15 OF TITLE 9 OF THE ATASCADERO MUNICIPAL CODE RELATING TO SIGNS ON PUBLIC TRANSIT FACILITIES WHEREAS, the City Council of the City of Atascadero held a duly noticed public hearing on October 27, 1998 to consider an amendment to the City's zoning regulations governing the placement of advertising signs on public transit facilities in the City; and WHEREAS, the City Council has determined that it is in the best interest of the City to enact these amendments to the Atascadero Municipal Code to provide for the placement of such signs; and WHEREAS, the proposed amendments will not have a significant adverse impact upon the environment and therefore the Negative Declaration meets the requirements of the California Environmental Quality Act and is adequate. THEREFORE, THE CITY COUNCIL OF THE CITY OF ATASCADERO DOES ORDAIN AS FOLLOWS: Section 1. Section 9-15.005(d) is amended as follows: "4. Public Transit Facilities: At the discretion of the Community Services Director; advertising signs may be placed on buses and designated bus stop benches used in connection with a public transit program provided by the City of Atascadero. Signs on buses shall be limited to one (1) on each side, neither of which exceed six (60 square feet. Signs on benches shall be limited to one (1) sign which shall be placed on the back of the bench and which shall not exceed 10" x 36". Additional signs and/or modification signs associated with public transit facilities may be approved through Conditional Use Permit process." Section 3. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance is held to be unconstitutional or invalid in whole or in part by any court, such a decision shall not affect the validity of effectiveness of the remaining portions of this ordinance, or any part thereof. If the application of any provision of this ordinance or any person, property, or circumstance is found to be unconstitutional or invalid in whole or in part by any Court, such decision shall be limited to the person, property or circumstance immediately involved in the controversy,-and the application of such provision to other persons, property and circumstances shall not be affected. Section 4. The.City Clerk shall cause this Ordinance to be published once within thirty (30) days after its passage in the Atascadero News, a newspaper of general circulation, printed, published and circulated in the City in accordance with Section 36933 of the Government Code; shall certify the adopting and posting of this ordinance; and shall 000056 cause this ordinance and this certification together with proof of posting to be entered into the Book of Ordinances of the City. Section 5. This ordinance shall go into effect and be in full force and effect on the 31St day after its passage. On the motion by and 'seconded by the foregoing ordinance is approved by the following vote: AYES: NOES: ABSENT: DATE ADOPTED: HAROLD L. CARDEN, III, Mayor City of Atascadero, California ATTEST: MARCIA MCCLURE TORGERSON, City Clerk APPROVED AS TO FORM: ROY A. HANLEY, City Attorney 000057 i ITEM NUMBER: A - 9 DATE: 11/10/98 i iii i!® ieia ® 1979 City Manager's Agenda Report Wade G. McKinney Joint Facility Use Agreement with the Atascadero Unified School District RECOMMENDATION: Council authorize the Mayor to enter into a one-year agreement with the Atascadero Unified School District for the Joint Use of Facilities. DISCUSSION: Background: Previously, the City of Atascadero and the Atascadero Unified School District have had an informal arrangement for the shared use of facilities which allowed either agency to use the others facilities at no cost for youth activities and for a discounted rate for adults. This arrangement is not a balanced arrangement due to the limited number of recreational sports facilities owned by the City. As a result, the Community Services Department frequently uses School District facilities to conduct recreation activities. The School District use of City facilities is primarily for special events held at the Pavilion, but does include some use of athletic fields. In an effort to assure a balanced use arrangement so that neither agency is responsible to shoulder an unfair cost to provide facility space, City and School staff have developed a proposed agreement regarding the shared use of facilities. Discussion: On Thursday, September 19, the Parks and Recreation Commission voted unanimously to recommend approval to the City Council for the proposed Joint Use of Facilities Agreement between the City of Atascadero and the Atascadero Unified School District. The agreement is for the current fiscal year, July 1998 through June 1999, and calls for the annual calculation of facility rental charges based on established charges by each agency respectively. The charges are to be compared annually, with any difference of charges being provided as a credit toward other agreements for exchange of funds or services. The credit must be used during the same agreement year. 000058 ITEM NUMBER:____A_- 9 DATE: 11/10/98 FISCAL IMPACT: Entering into the proposed agreement will cost the City approximately$3,000.00 in lost revenue from the School District for Services other than facility use. The agreement provides the School District with an$8,269.00 credit. Currently,the City pays the School District$5,300 in facility rental fees. RESPONSIBLE DEPARTMENT: Community Services ATTACHMENTS: Contract No. 98049 Comparison of Anticipated Facility Use 000059 CITY OF ATASCADERO _ CONTRACT # 98049 MEMORANDUM OF UNDERSTANDING BETWEEN THE ATASCADERO UNIFIED SCHOOL DISTRICT AND THE CITY OF ATASCADERO This Agreement is made and entered into this date November 10, 1998, by and between the City of Atascadero, and the Atascadero Unified School District, for the purpose of Joint Use of Facilities. 1 . PARTIES . 1 .1 C_itV _ 1 . 1 .1 The City of Atascadero, Atascadero, California, whose mailing address .for notice under the terms of this Agreement is as follows: City .of Atascadero Attn: Director of Community Services 6500 Palma Avenue Atascadero, California 93422 1.2 School District 1 .2.1 The School District is whose mailing address for notice under the terms of this Agreement is as follows: Atascadero Unified School District Attn: Director of Business 5601 West Mall Atascadero, California 93422 2. CONDITIONS 2.1 Compensation The annual calculation of facility rental charges will be based on established charges by each agency. The charges are to FACILITY USE AGREEMENT BETWEEN THE CITY AND THE ATASCADERO UNIFIED SCHOOL DISTRICT 000060 CITY OF ATASCADERO CONTRACT # 98049 as a credit toward other agreements for exchange of funds or services. The credit must be used during the same fiscal year agreement and may not be carried over. The exact amount of the credit is determined in Attachment A. 2.2 Determination of Charges In determining the actual compensation received by either party, only facility use data will be considered. Other issues or charges for service are not considered in the calculation of charges. Facility rental fees were determined by previously established fee schedules in Attachment B. 2.3 Additional Facility Use Outside the Agreement Any additional facility use not include in this arrangement will be charged at the established facility rental rates. The additional facility use fees may be taken as a charge against a credit, if the entity requesting the use of facilities has a credit determned by the agreement. 2.4 Facility Use Policies Both agencies agree to abide by established facility Use • Guidelines and clean-up procedures. Any clean-up or damage charges will be paid di.rect..ly by the offending entity. 3. ALTERATIONS Alterations to this agreement will not be made during the year, unless any entire area of programming or activities is canceled or eliminated. Minor reductions in the actual amount of rental time compared to the requested amount will not affect the final balance of fees charged. FACILITY USE AGREEMENT BETWEEN THE CITY 2 AND THE ATASCADERO UNIFIED SCHOOL DISTRICT 000061 CITY OF ATASCADERO CONTRACT # 98049 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date set forth opposite their respective names. CITY OF ATASCADERO Attest: Date: MARCIA M. TORGERSON, City Clerk Date: HAROLD L CARDEN III, Mayor ATASCADERO UNIFIED SCHOOL DISTRICT Attest: Date: DAN DODDS, Secretary to the Board of Trustees Date: ANDREW HAYS, President of the Board of Trustees FACILITY USE AGREEMENT BETWEEN THE CITY 3 AND THE ATASCADERO UNIFIED SCHOOL DISTRICT 000062 CITY OF ATASCADERO CONTRACT # 98049 ' EXHIBIT A . ANTICIPATED VALUE OF AUSD USE OF CITY FACILITES $ 10, 447.50 ANTICIPATED VALUE OF CITY USE OF AUSD FACILITIES $ 18, 716.50 BALANCE C DUE TO AVSD AS A CREDIT FOR FY 98/99/ $ 8, 269. 00 COMPARISON OF ANTICIPATED FACILITY USE BY EACH AGENCY FOR FISCAL YEAR 1998/ 1999 IS .,ATTACHED IN THE DRAFT REPORT. FACILITY USE AGREEMENT BETWEEN THE CITY 4 AND THE ATASCADERO UNIFIED SCHOOL DISTRICT 000063 -RAFT REPORT Subject: City of Atascadero/ Atascadero Unified School District Comparison of Anticipated Facility Use - 98/99 Summary of Recreation Division use of AUSD facilities* Activity Facility Charge Youth Fall/ Spring Volleyball AJHS Gym $ 1,496.00 Description hours rate total fee Practice-6wks x 4dys x 2hrs x 2 leagues 96hrs $8.50/hr.= $816.00 Sat. Games- lOwks x 8hrs 80hrs $8.50/hr.= $680.00 Youth Sports Camps AJHS Gym $ 340.00 Description hours rate total fee Girls B.Ball Camps x 5dys x 4hrs 20hrs $8.50/hr= $ 170.00 Girls V.Ball Camps x 5dys x 4hrs 20hrs $8.50/hr= $ 170.00 Youth Basketball AJHS & AHS Gyms $ 1,364.00 Description hours rate total fee 8wks x 8hrs 64hrs $13.00/hr= $832.00 lwk x 5dys x 4hrs 20hrs $13.00= $260.00 Games 8wks x 4hrs 32hrs $8.50= $272.00 Summer Swim Program AHS Pool $ 8,835.00 Description hours rate total fee Weekends 5hrs x 23days 115hrs $19.00/hr $ 2,185.00 Swim Lessons 5days x 3hrs. x 9wks 135hrs $19.00/hr. $2,565.00 Lap Swim 5days x lhr x 1Owks 50hrs $19.00/hr. $ 950.00 Rec Swim 5days x 2.5hrs. x IOwks 125hrs $19.00/hr. $ 2,375.00 Lifeguarding Class 30hrs. 30hrs. $19.00/hr $ 570.00 Staff Training 10hrs. IOhrs. $19.00/hr. $ t 190.00 Summer Swim Program AHS Classroom $ 190.00 Description hours rate total fee Lifeguarding Class 10hrs. 1Ohrs. $19.00/hr. $190.00 Youth Tennis Lessons AJHS Tennis Courts $ 500.00 Description hours rate total fee 2hrs x 50wks 100hrs. $ 5.00/hr $ 500.00 Youth Sports Camps AHS Football & Baseball Field $ 162.50 Description hours rate total fee FootballCamp x 5dys x 4hrs 20hrs $ 5.00/hr= $ 100.00 Baseball Camp x 5dys x 2.5hrs 12.5hrs $ 5.00/hr= $ 62.50 Adult Volleyball AJHS Gym $ 1,122.00 Description hours rate total fee I lweeks x 4hrs x 3leagues 132hrs $8.50/hr= $ 1,122.00 Adult Basketball AHS Gym $ 3,432.00 Description hours rate total fee Sundays 1lweeks x 8hrs x 3leagues 264hrs $13.00/hr= $3,432.00 Adult Drop-in Basketball AJHS Gym $ 1,275.00 Description hours rate total fee 50weeks x 3hrs 150hrs $8.50/hr= $ 1,275.00 Total Proposed Charges by AUSD $18,716.50 000064 DRAFT Summary of AUSD use of City facilities". Activity Facility Charge Boys Baseball Alvord Field $ 750.00 Description hours rate total fee Practice & Games 150hrs $5.00/hr. $750.00 Girls Softball Paloma Creek Park $ 500.00 Description hours rate total fee Practice & Games- 100hrs x $5.00/hr.= $500.00 Boys Soccer Paloma Creek Park $ 200.00 Description hours rate total fee Practice & Games- 40hrs $5.00/hr.= $200.00 Special Functions/ Mtgs. Atasc. Lake Park $ 175.00 Description hours rate total fee 5 events $35.00= $ 175.00 Special Functions/ Mtgs. Rotunda Room $ -172.50 Description hours rate total fee 11.5hrs $15.00= $ 172.50 Oak Hills Sofball Tourney Paloma Creek Park $ 40.00 Description hours rate total fee Practice & Games- 8hrs $5.00/hr.= $ 40.00 Special Functions/ Mtgs. Pavilion $ 7,650.00 Description hours rate total fee 17 AHS Special Events x 10hrs, 170hrs $45.0/hr $ 7,650.00 Summer Day Camp Swim Program AHS Pool $ 960.00 Description rate total fee Rec Swim 2days x 10 wks x 35swimmers/day $1.50/swimmer. $ 960.00 Total Proposed Charges by City $10,447.50 Difference in use charges due to the School District $ 8,269.00 *- City use of AUSD facilities is based on actual requests for current and future programs **- AUSD use of City facilities is based on historical use patterns 000065 ATASCADERO UNIFIED SCHOOL DISTRICT USE OF FACILITIES FEE SCHEDULE NON-COMMERCIAL COMMERCIAL SCHOOL SITE HOURLY RATE HOURLY RATE DISTRICT OFFICE: Board Room 12.50 25.00 HIGH SCHOOL: IMC Building 22.00 44.00 Fine Arts Building 19.00 37.50 Classroom 8.50 16.50 Boys' Gym/Locker Room 13.00 25.50 Girls' Gym/VVrestling Room 6.00 12.50 Kitchen - New 17.50 35.00 Football Field Lights 13.00 26.00 Scoreboard (daily) 10.00 10.00 PIA System (daily) 15.00 15.00 Showers 5.00 5.00 Down MarkerslChainlYard Markers 15.00 15.00 JUNIOR HIGH: Prather Building 12.50 25.00 Classroom 8.50 16.50 Gym 8.50 17.00 Kitchen 8.50 17.00 CARRISA PLAINS: Multi-Use/Classroom 8.50 16.50 Kitchen 3.50 7.00 CRESTON: Community Building 6.50 13.00 Classroom 8.50 _ 16.50 MONTEREY RD/SAN BENITO/SAN GABRIEL: Multi-Use/Classroom 19.00 37.50 Kitchen 10.00 19.00 SANTA MARGARITA: Multi-Use 12.50 25.00 Classroom 8.50 16.50 New Classroom 19.00 37.50 Kitchen 6.00 12.00 SANTA ROSA: 49 Multi-Use/Classroom 19.00 37.50 New Classroom 8.50 16.50 Kitchen 12.00 23.50 OAK HILLS: Classroom 13.00 26.00 "NOTE:There is NO CHARGE for the use of Risers and Platforms (unless custodian is needed to Wq,ve to location) FACILITY FEE SCHEDULE SECURITY RESERVATION FACILITY GROUP FEE DEPOSIT DEPOSIT ATASCADERO LAKE PARR: (Reservations: 6: 00 a.m. to 10: 00 P.m. ) GAZEBO: A -0 -0- -0- B $10.00/DAY -0- -0- C $24 .00/DAY -0- -0- BARBECUES 1 OR 2: -A -0- -0- -0- Approximate Capacity: B $13 .00/DAY -0- -0- 150 people C $30.00/DAY -0- -0- BARBECUE 3: A -0- -0- -0- Approximate Capacity: B $ 8 .00/DAY -0- -0- 50 people C $18 .00/DAY -0- -0- MAJOR SPECIAL EVENT: A -0- -0- -0- (all open grass areas, B $300 .00 $250 .00* $40.00 bbq areas & gazebo) C $600 .00** $250.00* $40.00 *The City reserves the right to increase the amount of security deposit-.for major special events with expected attendance over 1,000. **Events requiring paid admission (i .e., commercial event fundraisers) are subject to a basic rate, or 10% of gross ticket sales, whichever is greater. r RANGER HOUSE: Maximum Capacity: A $ -0- $10 .00 $ -0- 27 Dining/Conference B $ 5.00/HR $10 .00 $ -0- 49 Assembly/Dancing C $12 .00/HR $10.00 $ -0- (1 hr. min. reservation) 17 00006 SECURITY RESERVATION FACILITY GROUP FEE DEPOSIT DEPOSIT ATASCADERO LAKE PARR PAVILION: ROTARY ROOM: Maximum Capacity: A $ -0- $250 .00 $ -0- 206 Dining/Conference ` B $15:00/HR $250.00 $60.00 440 Assembly/Dancing C $36.00/HR $250.00 $60:00 (2 hr. min. reservation) C $25.001HR (MONDAY THRU THURSDAY ONLY) GRONSTRAND ROOM: Maximum Capacity: ;A $ -0- $250.00 $ -0- . 100 Dining/Conference B $15.00/HR $250.00 $40.00 - 210 Assembly/Dancing C $24 .00/HR $250.00 $40.00 (2 hr. min. reservation) C $20.001HR (MONDAY THRU THURSDAY ONLY) COMMUNITY ROOM: Maximum Capacity: A $ -0- $ 40.00 $ -0- - 62 Dining/Conference B .$15_.,00/HR $ 40.00 $15.00 130 Assembly/Dancing C18-)00/HR $ 40 .00 $15.00 (1 hr. min. reservation) C 15.001HR (MONDAY THRU THURSDAY ONLY) KITCHEN: (This room may only be A $ -0- reserved in conjunction , B $15.00/HR with another Pavilion C $18 .00/HR Room reservation) C $15.00/HR (MONDAY THRU THURSDAY ONLY) (1 hr. -min. reservation) PAVILION CLEANING FEES: TYPE OF FUNCTION NUMBER OF PEOPLE PROFOSED FEE Any assembly or function 150 or less $ 85.00 with food or drink More than 150 $110.00 Any assembly or function 150 or less $ 40.00 without food or drink More than 150 $ 55.00 The above-mentioned fees are primarily intended for larger private receptions and fundraisers, and would not apply to any of the following: 1 . Classification "A" users: City or School-sponsored activities. 2 . Permanent and on-going renters. 3 . Any private function of less than 50 people that does not include food or drink. 18 000068 CHARLES `PADDOCK ZOO: ENTRANCE FEE: Ages 2 & Under $ -0- Ages 3-15 $ 1 .50 Ages 16-64 $ 2 .50 Ages 65 & over $ 1 . 75 STROLLER RENTAL FEE: $ 1 .00 LARGE GROUP ADMISSION POLICY: GROUPS OF 100 - 199: $ .50 DISCOUNT, REGARDLESS OF AGE GROUPS OF 200 OR MORE: $1.00 DISCOUNT, REGARDLESS OF AGE DISCOUNTS FOR GROUPS . UNDER 100 SHALL BE GRANTED ON AN INDIVIDUAL BASIS BY THE ZOO CURATOR. Advanced reservations required: call 461-5080 . Payment shall be made in advance by the group leader. TIGER GARDEN RENTAL POLICY: ALL RENTAL FEES INCLUDE ZOO ADMISSION, AND ARE AS FOLLOWS: GROUP SIZE RESIDENT NON-RESIDENT CLEANING . DEPOSIT* 1 TO 25 $ 45. 00 $ 75.00 $ 25. 00 26 TO 50 $ 75. 00 $100.00 ., $ 25.00 51 TO 100 $150. 00 $175. 00 $100.00 ALL RENTAL RATES ARE PER HOUR WITH A MINIMUM OF TWO (2) HOURS. * The cleaning deposit is refundable with satisfactory cleanup. All decorations must be removed as part of the cleanup procedures. 19 000069 SECURITY RESERVATION FACILITY GROUP FEE DEPOSIT DEPOSIT CITY ADMINISTRATION BUILDING: 4TH FLOOR ROTUNDA: Maximum Capacity: A $ -01 -- $250.00 $ -0= 125 Dining/Conference B $10.00/HR $250.00 $40 .00 200 Assembly/Dancing C $24 .00/HR $250.00 $40 .00 (2 hr. min. reservation) CONFERENCE ROOM 102/104: Maximum Capacity: A $ -0- $ _p_ $ _0_ 24 Dining/Conference B $ 5.00/HR $10.00 49 Assembly/Dancing C $12 .00/HR $10.00 (1 hr. min. reservation) 4TH FLOOR CLUB ROOM: Maximum Capacity: A $ -0- $ -0- $ -0- 49 Dining/ConferenceBj $ 5.00/HR $ -0 . $10 .00 49 Assembly/Dancing $12 .00/HR $ -0- $10 .00 (1 hr. min. reservation) SUNKEN GARDENS PARK: A $ -0- $200.00 $ -0- B $38/D.IY $200.00 $40.00 .0 $90/DAY $200.00 $40.00 ATASCADERO YOUTH RECREATION CENTER: Gymnasium: A $ -0- $250.00 $ -0- B $15.00 $250*00 $40.00 C $24 .00 $250.00 $40.00 Dining Room/Kitchen A $ -0 $40 ..00 $ -0- B $15.00 $40.00 $40.00 C $18 .00 $40 .00, $40 .00 20 0000'70 SECURITY RESERVATION FACILITY GROUP/FEE DEPOSIT DEPOSIT LIGHTS ALVORD FIELD• BASEBALL FIELD: A/$ -0- $ -0 $ -0 $10.00/HR B/$5.00/HR: $ -0- $ -0- $10.00/HR C/$6.00/HR $ -0- $ -0- $10.00/HR Field Base Rental (Optional) ALL GROUPS - $20'0.00 . PALOMA CREEK PARR: SOFTBALL FIELDS: A/$ -0- $ -0- $ -0 $10.00/HR #1 and #2 B/$5.00/HR $ -0- $ -0 $10.00/HR C/$6.00/HR $ -0- $ -0- $10.00/HR Field Base Rental (optional) - ALL GROUPS $200.00 OPEN FIELDS: A/$ -0- $ -0_ $ -0- $ B/$5.00/HR $ -0 $ -0- $ -0- C/$6.00/HR $ -0- $ -0- $ -0- YOUTH BASEBALL FIELD: A/$ -0- $ -0- $ -0- B/$5.00/HR $ -0- $ -0- $ -0- C/$6.00/HR $ -0 $ -0- $ -0- BARBECUE AREA: (6:00 a.m. to 10:00 p.m. reservations) Approximate A/$ -0- $ -0- $ -0- f Capacity: B/$13/DAY $ -0- $ -0- ' 100 people C/$30/DAY $ -0- $ -0- PALO11A EQUESTRIAN ARENA: NO FEE/MEMBERSHIP FOR NON-SPECIAL EVENT USAGE SPECIAL EVENTS: A/$ -0- $200.00 $ -0- B/$25/DAY $200.00 $ -0- C/$60/DAY $200.00 $ -0- Insurance: ALL GROUPS: $3 MILLION DOLLARS Arena Preparation For Special Events: ALL GROUPS: $ 40.00 (optional) 21 0000'71 SECURITY RESERVATION FACILITY GROUP/FEE DEPOSIT DEPOSIT LIGHTS TRAFFIC WAY PARR: - SOFTBALL FIELDS: A/$ -0- $ -0- $ -0- $10.00/HR #1 or #2 B/$5.00/HR $ -0- __ $ -0- 001hR C/$6.00/HR $ -0- $ -0- $10.00/RR Field Base Deposit: ALL GROUPS: $200.00 (optional) 22 0000'72 ITEM NUMBER: B - 1 DATE: 11/10/98 iaia a ie a aCAM] +o/ - j City Manager's Agenda Report Wade G. McKinney j i Revised Fee Schedule for Building & Safety Services i RECOMMENDATION: Staff recommends Council adopt Resolution 1998-050, adopting a revised fee schedule for building and safety services. DISCUSSION: Background: In February of 1998, the City Council conducted a strategic planning session which resulted in the creation of several goals, strategic initiatives and priorities for special emphasis the Council desired to work on, including funding city services and community development. As part of the continuing review of the Community Development Department, staff reviewed the fees collected for building and safety services, particularly the fees associated with plan review services. The City charges two primary fees associated with the issuance of a building permit a "plan review" fee and a "permit issuance fee". In addition, the Department collects other fees, including development fees, tree protection/removal, grading and a variety of other fees that are directly attributable to construction activities. The plan review fee is collected to off-set the actual costs associated with the review of building plans in accordance with federal, state and local regulations and uniform building standards. The permit issuance fee is associated with permit processing and inspection services.provided by the City. The building and safety fees were last adjusted in 1985 (Attachment "A"). The fee schedule that was adopted was based on a formula developed by the Building Official at the time and based on the 1985 Uniform Building Code ("Code") fees. The formula was developed to provide a simplistic way of calculating fees as compared to the standards contained in the Code. Most local jurisdictions adopt the fees contained in the Code, as they are calculated on average costs associated with the services and can be used by the construction industry to calculate building 0000'73 ITEM NUMBER: B - 1 DATE: 11/10/98 permit issuance and plan review fees throughout California and the United States. Typically, local jurisdictions revise the fee schedule every three (3) years when the Code(s) are updated by the International Conference of Building Officials. However, the fees in Atascadero have not been adjusted since their adoption in 1985, primarily because the fees were generally higher than the Uniform Codes during the past13years. However, the fees are not adequate to address the costs associated with plan review. For example, during the 1997-98 fiscal year, the City collected an estimated $81,000 in fees for plan check and review. The costs of staffing the plan check and review process was approximately $98,600, creating a deficit of$17,600. The creation of the deficit is primarily offset by the higher than average "permit" issuance fees. Following the resignation of the Plan Check Engineer,the Community Development Department contracted plan check and review services with Charles Abbott & Associates, a firm specializing in providing municipal building and safety services. Currently, the firm receives 100% of the plan check fee collected by the City, however, this arrangement is due to expire at the end of the month, as the fees the City collects are less than the cost for the services. Likewise, local plan review service providers have expressed concern with providing services to the City due to the low amount collected by the City for plan review services. Contract plan check services typically charge a percentage of the plan review fees charged by the City. Anal. The current fees are comparable to those charged by most other jurisdictions within the County. As the following chart shows, Arroyo Grande, the County and Paso Robles assess a fee equal.to 65% of the Building Permit Fee, while the City of San Luis Obispo charges a plan review fee of 100% of all permit and review fees. The 65%plan review fee is established as part of the 1994 Uniform Building Code(s). Ataseadero Arroyo CountyPaso San Luis Grande Robles Obispo Building Permit 1,599.60 685.00 960.00 952.00 952.25 Plan Review 379.11 445.25 634.00 618.80 1,199.74 Plumbing Permit 102.50 80.43 129.00 126.93 Electrical Permit 96.50 114.90 67.50 126.93 Mechanical Permit 77.00 22.98 42.00 126.93 Energy Review 96.00 133.30 SMIP Fee 13.33 11.13 11.30 10.50 11.26 Total I, 992 04 1,417 38` 1;919.61 1,819:80 . �2;667.34 Fees based on 1,500 square foot single-family residence. The City's current plan review fee is calculated at 23.7% of the building permit fee. The fees are proposed to be consistent with 1994 Uniform Code(s), which is currently applied in most 0000'74 ITEM NUMBER: B - 1 DATE: 11/10/98 jurisdictions statewide. The fees would result in a decrease in the permit issuance fee and an increase in the plan review fee, as indicated in the following chart: - Current Proposed Building Permit 1,599.60 952.00 Plan Review 379.11 618.80 Plumbing Permit 129.00 Electrical Permit 67.50 Mechanical Permit 42.00 Energy Review 95.20 Disabled Access Review 95.20 SMIP Fee 13.33 13.33 Total 1,992.04 2,013.03 Fees based on 1,500 square foot single-family residence. The new fee schedule would be determined based on the following factors: • Building Permit Total Valuation of project(fee from Chart 3-A) • Plan Review: 65% of the Building Permit Fee • Plumbing: Total fixtures (based on Table 3-D of the building code) • Electrical: Total fixtures (based on table 3-B of the building code) • Mechanical: Total fixtures (based on Table 3-C of the building code) • Energy Review: 10% of Building Permit Fee • Disabled Access : 10% of Building Permit Fee • SMIP: Collected on behalf of State, no change. The proposed revisions to the fee schedule will result in minimal changes to the overall fee charged. It would simply change the source and use of the fees charged for building permit review and issuance. The proposed revisions to the fee schedule are consistent with a number of City adopted policies. The General Plan indicates that "the City should continue to take a ling range view of its fiscal condition, and specifically, the possibility of enhancing revenues, in order to maintain, and where possible and desirable, enhance current service levels of service"1 Conclusion: The proposed fee modifications will allow the City to effectively contract for plan review services, is comparable with other jurisdictions in the County, consistent with the Uniform Building Code(s) and meets the policies of the City, including the General Plan. The ' General Plan Fiscal Element Policy B-I (page IX-2) 000075 ITEM NUMBER: B - 1 DATE: 11/10/98 proposal will result in negligible changes to the fees charged to applicants for building permit and review services. FISCAL IMPACT: - The proposed revisions will likely result in no change to estimated General Fund revenues overall, but would result in a decrease in projected revenue estimates for building permit issuance revenue and an increase to the plan check services revenue. ALTERNATIVES: 1. Leave the current fee schedule in place. Although this would result in the total building permit and review fee to remain on par with other jurisdictions, it will not provide for the City to completely recover its costs for plan review services. If this alternative is considered, some modification to the current resolution should be made to allow for the City to allocate revenue from the permit fee to the plan review account to pay for the actual services incurred. 2. Revise the 1985 formula to be higher for plan review services and lower for the permit fee. This can be accomplished by decreasing the modifier for the permit fee and increasing the modifier for the plan review fee, resulting in a fee similar to the one currently assessed and on par with other jurisdictions. However, the fee would remain inconsistent overall with the Uniform fees adopted by most jurisdictions statewide. RESPONSIBLE DEPARTMENT: Community Development ATTACHMENTS: A. Resolution 5-85 (Current Fee Schedule) B. Resolution 1998-050 (Proposed Fee Schedule) C. Tables from 1994 Uniform Building Code(s) 0000'76 ATTACHMENT "A" I SRESOLUTION NO.- 5-85 A RESOLUTION OF THE ATASCADERO CITY COUNCIL ESTABLISHING FEES FOR PERMITS AND OTHER ACTIVITIES UNDERTAKEN PURSUANT TO BUILDING AND CONSTRUCTION REGULATIONS WHEREAS, the Government Code provides that fees may be collected to cover the costs of administering permit, plan review and inspection activities; and WHEREAS, it is appropriate to establish fees and deposits which cover the cost of providing the services requested; and WHEREAS, the International Conference of Building Officials has pre- pared standardized fee schedules which are in widespread use, based on their experience with permit, plan review and inspection activities; and _ WHEREAS, the Planning Department has prepared estimates based on its experience for building and construction regulation activities; and WHEREAS, the City Council held a public hearing to consider this mat- ter .on February 12, 1985 . NOW, THEREFORE, the Atascadero City Council does resolve to establish the following fee schedule for building and construction services. Table 1 Building, Electrical, Mechanical, Plumbing, Retaining Wall and Solar Permits Valuation* Permit Fee As determined by building official Valuation X .012 utilizing. "Building Valuation Data" (Minimum fee=$3 :9.0•-} from Building Standards Table 2 Grading Permits Includes Plan Check Volume Permit Fee 49 cubic yards or less $ 0.00 50 cubic yards to 999 cubic yards $ 50 .00 1,000 cubic yards to 4,999 cubic yards $100 .00 5,000 cubic yards or more $130.00 + $27.00 for each additional 10 ,000 cubic yards or fraction thereof. *A copy of any contract may be required by the building official to verify valuation. 0000'77 . Resolution No. 5-85 Table 3 Sign Permits Includes Plan Check Valuation* Permit Fee Valuation of sign (including any Valuation X .00987 electrical) Table 4 Swimming Pool, Spas, and Hot Tub Permits Includes Plan Check Valuation* Permit Fee I Valuation of project cost (including Valuation X .00876 electrical, mechanical & plumbing) Table 5 Miscellaneous Fees Structural plan check Total permit fee (per Table 1) ' X .237 Self-certified plan check (The building Total permit fee (per official may waive city structural plan check Table 1) X .08 where plans are certified by a registered architect, building designer, . or engineer thereby limiting plan review to affected City departments.) Demolition (exclude Fire Department drills) $ 30.00 Compliance Survey $100.00 Building Relocation $350.00 Temporary Dwelling (including mobile home) $ 35.00 Mobile Home $200 .00 Inspection for which no fee is indicated $ 20.00/hr (portal-to-portal) Re-inspection (per Administrative Code $ 20.00/each Section) Inspections outside normal business hours $ 30 .00/hr (portal-to-portal) Replacement of Inspection Record Card $• 10.00 Replacement of Job Copy of Approved Plans $ 15.00 *A copy of any contract may be required by the building official to verify valuation. 2 0000'78 \L • `._ E. :- 'r-r, Y� .,�, ate„r.�° Resolution No. 5-85 i Cross-Connection Actual Cost ($225.00 deposit less $25 .00 to be retained by City for its cost, with unused portion of cost billed by Health Department to be returned .to the permittee) Driveway Encroachment $ 20 .00 Appeal To Board of Appeals $ 50.00 To City Council $ 50 .00 •Investigation Fee (for *work commenced Equal to permit fee without permit) required by this Resolution NOW, THEREFORE, the Council of the City of Atascadero does further resolve to rescind Resolution No. 40-83 establishing the City's Build- and Construction fee schedule. _ On motion by Molina and seconded .by Handshy , the foregoing resolution is hereby adopted in its entirety on the following roll call vote: AYES: Councilman Molina and Handshy, Councilwoman Norris and Mackey and Mayor Nelson. NOES None _ ABSENT: None ADOPTED: February 12, 1985 ROLFE NELSON, Mayor r ATTEST ROBERT M. J S, C ' Clerk APPROVE AS T FORM:-- ,c- ALLEN ORM: cALLEN GRIMES, City Attorney APPROVE AS TO C NT: RALPH H. DOWELL, JR. , Acting City Manager 0000'79 a ATTACHMENT "Bn RESOLUTION NO. 1998-050 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ATASCADERO, CALIFORNIA ADOPTING A REVISED FEE SCHEDULE FOR BUILDING PERMITS AND PLAN REVIEW SERVICES WHEREAS, California Health & Safety Code Section 17951 provide the authority to local governments to prescribe fees that are reasonably required to administer and process building permits, including but not limited to plan examination,inspection,enforcement and other services; and WHEREAS,the City's Building Official is required to perform plan reviews,inspections and other services to safeguard the public health, safety and welfare;and WHEREAS, the International Conference of Building Officials has prepared standardized fee schedules which are based on average costs for permit,plan review and inspection activities; WHEREAS, the fee schedules for these services must be revised from time to time to assure the City recovers the costs associated with rendering such services;and WHEREAS, the Building Official has conducted a review of the current fee schedule and has proposed revisions to the fees; and WHEREAS, the City Council held a public hearing on November 10, 1998 to consider the proposed revisions to the fee schedule. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ATASCADERO, CALIFORNIA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City Council hereby adopts the fees for Building and Safety permits,plan review and other services set forth in Exhibit "A" attached hereto and incorporated here in by this reference. SECTION 2. The Building Official shall determine valuation of construction projects using square foot value for the type of construction as found in the latest publication of Building Standards as published by the International Conference of Building Officials SECTION 3. Upon the effective date of this Resolution, the fees adopted herein shall supersede fees previously adopted by this City Council for those purposes. This Resolution does not supersede or repeal any other portion of any other Resolution other than the fees,unless amended or repealed herein. SECTION 4. The fees established in this Resolution do not exceed the estimated reasonable cost of providing the service for which the fee is imposed. i 000080 Resolution No. 1998-050 Page 2 SECTION 5. This Resolution shall become effective on December 1, 1998. APPROVED AND ADOPTED this 10th day of November 1998. I Harold L. Carden,III,Mayor Mayor ATTEST: Marcia McClure Torgerson, City Clerk City Clerk I HEREBY CERTIFY that the foregoing Resolution was adopted at a regular meeting of the City Council on the 10th day of November 1998, by members of the City Council voting as follows: AYES: Councilmembers: NOES: Councilmembers: ABSENT: Councilmembers: 000081 Resolution 1998-050 EXHIBIT A 1. Building Permit Fees Total Valuation Fee $1.00 to$500.00 $22.00 $501.00 to$2,000.00 $22.00 for the first$500.00 plus$2.75 for each additional $100.00 or fraction thereof,to and including$2,000.00 $2,001 to$25,000.00 $63.00 for the first$2,000.00 plus$12.50 for each additional $1,000.00 or fraction thereof,to and including$25,000.00 $25,001.00 to$50,000.00 $352.00 for the first$25,000.00 plus$9.00 for each additional$1,000.00 or fraction thereof,to and including $50,000.00 $50,001.00 to$100,000.00 $580.00 for the first$50,000.00 plus$6.25 for each additional$1,000.00 or fraction thereof,to and including $100,000.00 $100,001.00 to$500,000.00 $895.00 for the first$100,000.00 plus$5.00 for each additional$1,000.00 or fraction thereof,to and including $500,000.00 $500,001.00 to$1,000,000.00 $2,855.00 for the first$500,000.00 plus$4.25 for each additional$1,000.00 or fraction thereof,to and including $1,000,000.00 $1,000,000.00 and up $4,955.00 for the first$1,000,000.00 plus$2.75 for each additional$1,000.00 or fraction 2. Plan Review Fees: The plan review fee shall be 65%of the permit fee 3. Energy Conservation: Plan review and permit fees shall be increased by 10%where compliance with California energy conservation laws is required. 4. Disabled Access: Plan review and permit fees shall be increased by 10%where compliance with California access law is required. 5. Strong Motion (SMIP): Permit fees shall be increased in amounts as required by state law to support the State of California Strong Motion Instrumentation and Seismic Hazard Mapping Program. 6. Mechanical,Plumbing and Electrical Permit Fees: Plan review and permit fees shall be based on Tables 3-13,3-C and 3-1)of the 1994 Uniform Administrative Code. 000082 7. Miscellaneous Services Fees � Fees for the following miscellaneous services shall be charged at actual cost plus 15% administrative processing: A. Inspections outside of normal business hours(minimum charge 2 hours) B. Reinspection fees assessed under provisions of UBC Section 305.8 C. Inspections for which no fee is specifically indicated D. Additional plan review required by changes, additions or revisions E. For use of outside consultants for plan checking and inspections or both(including administrative and overhead costs). s 000083 ATTACHMENT "Ctt 1994 UNIFORM ADMINISTRATIVE CODE 3-B TABLE 3-13—ELECTRICAL PERMIT FEES Permit Issuance 1. For the issuance of each electrical permit ............................................... $22.00 s 2. For the issuing of each supplemental permit for which the original permit has not expired, been canceled,nor tinaled .. $6.50 System Fee Schedule (Note:The following do not include permit-issuing fee.) 1. New Residential Buildings The following fees shall include all wiring and electrical equipment in or on each building,or other electrical ! equipment on the same premises constructed at the same time. Multifamily.For new multifamily buildings(apartments and condominiums)having three or more dwelling units constructed at the same time,not including the area of garages,carports and accessory buildings,per square foot(0.09 m2) .................................................................. .045 Single-and two-family.For new single-and two-family residential buildings constructed at the same time and not including the area of garages,carports and accessory buildings,per square foot(0.09 m2) ..... .050 For other types of residential occupancies and for alterations,additions and modifications to existing residential buildings,use the Unit Fee Schedule. 2. Private Swimming Pools For new private, in-ground swimming pools for single-family and multifamily occupancies including a complete system of necessary branch circuit wiring,bonding,grounding,underwater lighting,water pumping and other similar electrical equipment directly related to the operation of a swimming pool,each pool . 44.25 3. Carnivals and Circuses Carnivals,circuses,or other traveling shows or exhibitions utilizing transportable-type rides,booths,displays and attractions. For electrical generators and electrically driven rides,each ................................... 22.00 For mechanically driven rides and walk-through attractions or displays having electric lighting,each ... 6.50 For a system of area and booth lighting,each ............................................... 6.50 For permanently installed rides,booths,displays and attractions,use the Unit Fee Schedule. 4. Temporary Power Service For a temporary service pole or pedestal including all pole or pedestal-mounted receptacle outlets and appurtenances,each .................................................................. 22.00 For a temporary distribution system and temporary lighting and receptacle outlets for construction sites, decorative lights,Christmas tree sales lots,fireworks stands,etc.,each .......................... 11.00 Unit Fee Schedule (Note:The following do not include permit-issuing fee.) 1.Receptacle,Switch and Light Outlets For receptacle,switch,light or other outlets at which current is used or controlled,except services,feeders and meters: First 20 fixtures.each ............................................................... 1.00 ii Additional fixtures,each ............................................................. .65 Note:For multioudet assemblies,each 5 feet(1524 mm)or fraction thereof may be considered as one outlet. ILII 2. Lighting Fixtures For lighting fixtures,sockets or other lamp-holding devices: First 20 fixtures,each ............................................................... 1.00 Additional fixtures,each ............................................................. 65 For pole or platform-mounted lighting fixtures,each ......................................... 1.00 For theatrical-type lighting fixtures or assemblies,each ....................................... IAO 3. Residential Appliances For fixed residential appliances or receptacle outlets for same,including wall-mounted electric ovens; f counter-mounted cooking tops;electric ranges;self-contained room,console or through-wall air conditioners; space heaters;food waste grinders;dishwashers;washing machines;water heaters;clothes dryers;or other motor-operated appliances not exceeding one horsepower(HP)(746 W)in rating,each.............. 4.25 Note:For other types of air conditioners and other motor-driven appliances having larger electrical ratings, see Power Apparatus. 1 4. Nonresidential Appliances For nonresidential appliances and self-contained factory-wired,nonresidential appliances not exceeding one horsepower(HP),kilowatt(kW)or kilovolt-ampere(kVA),in rating including medical and dental devices; 21 00008 3-B-3-C 1994 UNIFORM ADMINISTRATIVE CODE food,beverage and ice cream cabinets:illuminated show cases:drinking fountains.vending machines:laundry machines:or other similar types of equipment,each .......................................... 4.25 Note:For other types of air conditioners and other motor-driven appliances having larger electrical ratings. see Power Apparatus. 5. Power Apparatus For motors,generators,transformers,rectifiers,synchronous converters,capacitors,industrial heating,air conditioners and heat pumps,cooking or baking equipment and other apparatus,as follows: Rating in horsepower(HP),kilowatts(kW),kilovolt-amperes(kVA)or kilovolt-amperes-reactive(kVAR): Up to and including 1,each .......................................................... 4.25 Overland not over 10.each ........................................................ 11.00 Over 10 and not over 50.each ....................................................... 22.00 Over 50 and not over 100.each ...................................................... 44.25 Over100.each .................................................................... 66.50 Notes: 1. For equipment or appliances having more than one motor,transformer,heater,etc.,the sum of the combined ratings may be used. 2. These fees include all switches,circuit breakers,contactors,thermostats,relays and other directly related control equipment. 6. Busways For trolley and plug-in-type busways,each 100 feet(30 480 mm)or fraction thereof ................ 6.50 Note:An additional fee is required for lighting fixtures,motors and other appliances that are connected to trolley and plug-in-type busways.A fee is not required for portable tools. 7. Signs,Outline Lighting and Marquees For signs,outline lighting systems or marquees supplied from one branch circuit,each ............. 22.00 For additional branch circuits within the same sign,outline lighting system or marquee,each ......... 4.25 8. Services For services of 600 volts or less and not over 200 amperes in rating,each ........................ 27.25 For services of 600 volts or less and over 200 amperes to 1.000 amperes.each .. . 55.50 For services over 600 volts or over 1.000 amperes in rating,each . 111.00 9. Miscellaneous Apparatus,Conduits and Conductors For electrical apparatus,conduits and conductors for which a permit is required but for which no fee is herein setforth ........................................................................... 16.25 Note:This fee is not applicable when a fee is paid for one or more services,outlets,fixtures,appliances, power apparatus,busways,signs or other equipment. Other Inspections and Fees: 1. Inspections outside of normal business hours,per hour(minimum charge-two hours) ........... S44.25* 2. Reinspection fees assessed under provisions of Section 305.8,per inspection ................... S".25* 3. Inspections for which no fee is specifically indicated,per hour(minimum charge-one-half hour) .. S44.25* 4. Additional plan review required by changes,additions or revisions to plans or to plans for which an initial review has been completed(minimum charge-one-half hour) .............................. S44.25* *Or the total hourly cost to the jurisdiction,whichever is the greatest.This cost shall include supervision,overhead. equipment,hourly wages and fringe benefits of the employees involved. TABLE 3-C-MECHANICAL PERMIT FEES Permit Issuance and Heaters 1. For the issuance of each mechanical permit............................ .................. $22.00 2. For issuing each supplemental permit for which the original permit has not expired,been canceled orfrnaled ........................................................................... 6.50 ' Unit Fee Schedule (Note:The following do not-include permit-issuing fee.) 1. Furnaces For the installation or relocation of each forced-air or gravity-type furnace or burner,including ducts and vents attached to such appliance,up to and including 100,000 Btu/h(29.3 kW) ........................ 13.25 For the installation or relocation of each forced-air or gravity-type furnace or burner,including ducts and vents attached to such appliance over 100,000 Btu/h(29.3 kW) .................................... 16.25 22 i 000085 1994 UNIFORM ADMINISTRATIVE CODE 3-C-3-D For the installation or relocation of each floor furnace including vent ........................... 13.25 For the installation or relocation of each suspended heater,recessed wall heater or floor-moLmted unitheater.....................................:.................................... 13.25 2. Appliance Vents For the installation,relocation or replacement of each appliance vent installed and not included in an appliance permit .................................................... 6.50 3. Repairs or Additions For the repair of,alteration of.or addition to each heating appliance,refrigeration unit,cooling unit, absorption unit.or each heating,cooling,absorption or evaporative cooling system,including installation of controls regulated by the Mechanical Code ............................................... 12?5 4. Boilers,Compressors and Absorption Systems For the installation or relocation of each boiler or compressor to and including three horsepower(10.6 kW),or each absorption system to and including 100,000 Btu/h(29.3 kW) 13.15 For the installation or relocation of each boiler or compressor over three horsepower(10.6 kW)to and including 15 horsepower(52.7 kW),or each absorption system over 100.000 Btu/h(29.3 kW)to and including 500.000 Btu/h(146.6 kW) ............................................................. 24.25 For the installation or relocation of each boiler or compressor over 15 horsepower(52.7 kW)to and including 30 horsepower(105.5 kW),or each absorption system over 500,000 Btu/h(146.6 kW)to and including 1,000.000 Btu/h(293.1 kW) ......................................................... 33.25 For the installation or relocation of each boiler or compressor over 30 horsepower(105.5 kW)to and including 50 horsepower(176 kW),or each absorption system over 1,000,000 Btu/h(293.1 kW)to and including 1,750,000 Btu/h(512.9 kW) ................................................... 49.50 For the installation or relocation of each boiler or compressor over 50 horsepower(176 kW),or each absorption system over 1.750.000 Btu/h(512.9 kW) ........................................ 82.75 5. Air Handlers For each air-handling unit to and including 10,000 cubic feet per minute(cfm)(4719 L/s),including ducts attachedthereto .........................................:............................ 9.50 Note:This fee does not apply to an air-handling unit which is a portion of a factory-assembled appliance. cooling unit,evaporative cooler or absorption unit for which a permit is required elsewhere in the Mechanical Code. For each air-handling unit over 10.000 cfm(4719 L/s) ....................................... 16.15 6. Evaporative Coolers For each evaporative cooler other than portable type ......................................... 9.50 7. Ventilation and Exhaust For each ventilation fan connected to a single duct ........................................... 6.50 For each ventilation system which is not a portion of any heating or air-conditioning system authorized by a 7 permit ..............................• 9.50 For the installation of each hood which is served by mechanical exhaust,including the ducts for I� such hood ........................................................................... 9.50 8. Incinerators t J For the installation or relocation of each domestic-type incinerator 16.25 For the installation or relocation of each commercial or industrial-type incinerator ................. 66.50 9. Miscellaneous For each appliance or piece of equipment regulated by the Mechanical Code but not classed in other a appliance categories,or for which no other fee is listed in the table .............................. 9.50 j' Other Inspections and Fees: 1. Inspections outside of normal business hours,per hour(minimum charge-two hours) ........... $44.25* 2. Reinspection fees assessed under provisions of Section 305.8,per inspection ................... $44.25* 3. Inspections for which no fee is specifically indicated,per hour(minimum charge-one-half hour) .. $44.25* 4. Additional plan review required by changes,additions or revisions to plans or to plans for which an initial review has been completed(minimum charge-one-half hour) .............................. $44.25* Or the total hourly cost to the jurisdiction,whichever is the greatest.This cost shall include supervision,overhead, equipment,hourly wages and fringe benefits of the employees involved. i TABLE 3-D-PLUMBING PERMIT FEES Permit Issuance 1. For the issuance of each plumbing permit ............................................... $22.00 2. For issuing each supplemental permit for which the original permit has not expired,been canceled orfinaled ........................................... ............................... 6.50 23 Will 000086 3-D-3-E 1994 UNIFORM ADMINISTRATIVE CODE Unit Fee Schedule (Note:The following do not include permit-issuing fee.) 1. Fixtures and Vents For each plumbing fixture or trap or set of fixtures on one trap(including water,drainage piping and backfSo75 .................. protection thereof? ......... ... . . For repair or alteration of drainage or vent piping,each fixture ..... ............... ......... 4.25 2. Sewers,Disposal Systems and Interceptors For each building sewer and each trailer park sewer ......................................... 22.00 For each cesspool ....................................... 33.25 For each private sewage disposal system..................................................1 66.50 For each industrial waste pretreatment interceptor including its trap and vent,excepting kitchen-type grease interceptors functioning as fixture traps................................................... 17.75 Rainwater systems-per drain(inside building) ............................................. 8.75 3. Water Piping and Water Heaters For installation,alteration,or repair of water piping or water-treating equipment,or both,each ........ 4.25 For each water heater including vent ..................................................... 11.00 For vents only,see Table 3-C. 4. Gas Piping Systems For each gas piping system of one to five outlets ............................................ 5.50 For each additional outlet over five,each .................................................. 1.00 5. Lawn Sprinklers,Vacuum Breakers and Backflow Protection Devices For each lawn sprinkler system on any one meter,including backflow protection devices therefore,.... 13.25 For atmospheric-type vacuum breakers or backflow protection devices not included in Item l: 1 to 5 devices ......... 11.00 ........................................................... 0ver5 devices,each ............................................................... 2,00 For each backflow-protection device other than atmospheric-type vacuum breakers: 2 inches(50.8 mm)and smaller ...................................................... 11.00 Over 2 inches(50.8 mm) ....................................... 22.00 6. Swimming Pools For each swimming pool or spa: Publicpool ...................................................................... 81.50 Publicspa ....................................................................... 54.25 .................................. Private pool ................................... 54.25 Privatespa ...................................................................... 27.00 7. Miscellaneous For each appliance or piece of equipment regulated by the Plumbing Code but not classed in other appliance 75 categories,or for which no other fee is listed in this code ...................................... Other Inspections and Fees: . Inspections outside of normal business hours,per hour(minimum charge-two hours) ........... $44.25 2. Reinspection fees assessed under provisions of Section 305.8,per inspection ................... $44.25* 3. Inspections for which no fee is specifically indicated,per hour(minimum charge-one-half hour) .. S44.25* 4. Additional plan review required by changes,additions or revisions to plans or to plans for which an initial.25* review has been completed(minimum charge-one-half hour) .............................. *Or the total hourly cost to the jurisdiction,whichever is the greatest.This cost shall include supervision,overhead, equipment,hourly wages and fringe benefits of the employees involved. 24 4 0000R17 ITEM NUMBER: B - 2 DATE: 11/10/98 40 Ail; n .w 1918 e ® 197v8 City Manager's Agenda Report Wade G. McKinney Zone Change #98006 & Variance #98004 (5000 Marchant Avenue: Gearhart) RECOMMENDATIONS: The Planning Commission recommends that Council: 1. Find that the project would not have significant adverse effects on the environment and that the Negative Declaration prepared for the project is therefore adequate under the requirements of the California Environmental Quality Act(CEQA); and • 2. Adopt Ordinance 355 for first reading by title only, approving Zone Change#98006; and 3. Adopt Resolution No. 1998-048, approving Variance#98004. DISCUSSION: Background: In January of 1996, the City Council approved zone change and variance applications to allow for the existing Recreational Vehicle Park at 5000 Marchant Avenue (Attachments A & B). The zone change established the current Master Plan of Development for Planned Development Overlay Zone No. 10 (PD 10 Overlay) and the variance granted exceptions to zoningordinance standards pertaining to minimum site area, fencing, setbacks and waste disposal. The Recreational Vehicle Park has since been established and seems to be operating without interfering with the use of surrounding properties: Recently, a precise plan application was approved which allows for the construction of nine (9) two-bedroom apartment units on the subject site, which lies adjacent to the existing Recreational Vehicle Park (Attachment C). The apartments would be built where RV spaces are now being proposed, but access to the apartments would be from Alcantara Avenue. Hence, the plan calls for culverts in the creek and the removal of some large Oak trees along Alcantara Avenue. On October 20, 1998,the Planning Commission considered the subject zone change and variance applications. Following the public hearing, the Planning Commission voted to adopt Resolution No. PC 1998-035 as recommended by staff (Attachment D). The Planning Commission modified conditions of approval pertaining to road improvements. The modifications reflected 000088 ITEM NUMBER: B - 2 DATE: 11/10/98 the Planning Commission's concerns about saving trees and preserving the unnamed creek that traverses the property (Attachment E). Anal Zone Change #98006 -- The subject site consists of two Colony Lots_ totaling approximately 1.25 acres. The site is in a designated Low Density Multiple Family area and is presently zoned RMF-10. The applicant proposes to expand the PD10 Overlay Zone that currently applies to the adjacent lot to include the subject site. Hence, the applicant is proposing to change the zoning from RMF-10 to RMF-10(PD10). If the project is approved, the RV Park would be expanded from 23 spaces on 1.42 acres to 40 spaces on 2.67 acres. The proposal to expand the PD 10 Overlay onto the site would effectively add RV Parks to the list of allowed uses for this particular RMF-zoned site, without affecting other similarly-zoned property. Given the types of uses presently listed as allowable in the RMF zone, neither approach would seem to conflict with the General Plan. The proposed Zone Change is the preferred method of allowing the project because it limits impacts to a single site that appears suitable. Variance — The Variance application proposes exceptions to the same zoning standards for which a variance was requested, and approved, when the existing RV Park was built. The • exceptions pertain to minimum site area, setbacks and waste disposal standards contained in the Zoning Ordinance'. • MINIMIM SITE AREA — The Zoning Ordinance requires that RV Parks located within the Urban Services Line (USL) be on a site of at least five (5) acres. The existing RV Park is on approximately 1.42 acres and the proposed site is approximately 1.25 acres. • SETBACKS — The Zoning Ordinance requires that RVs be located at least 25 feet from a street right-of-way. In addition, the zoning standards would limit fencing to three (3) feet in height along Tecorida Avenue, unless the fencing is setback from Tecorida Avenue a distance of ten(10)feet. The applicant proposes to comply with the setback standards along Alcantara Avenue, but proposes to continue the existing setback and fencing pattern along Tecorida Avenue. • WASTE DISPOSAL — The Zoning Ordinance requires that RV Parks provide individual sewer connections to all RV spaces and that a common dumping facility also be provided. The existing RV Park provides connections to individual spaces as would the expansion, but neither would have a common dumping facility. When the Zoning Ordinance was first adopted by the City in 1983, it was essentially the County's Zoning Ordinance. Staff cannot explain the rationale behind the minimum site area standard established in the County Zoning Ordinance. County staff made a distinction between "overnight" parks such as the existing RV Park and "destination" parks. It could be that the Section 9-6.180 000089 ITEM NUMBER: B - 2 DATE: 11/10/98 alreadydated standards adopted b the City in 1983 only anticipated the latter, where such p Y acreage would be needed for on-site recreational uses. With respect to waste disposal, all of the individual spaces are proposed to be connected to sewer. The City does not encourage dump facilities being connected to public sewer because that amount of concentrated effluent entering the system at once can be disruptive to the system. The standard may be intended to accommodate RVs passing through the area but not planning to stay overnight at the park. If that is the case, dumping facilities can be found elsewhere in Atascadero (at the sewage treatment plant and at Folkins & Folkins gas station). Setback areas adjacent to a street are areas where no structures (including fencing) over three (3) feet in height are permitted. This standard is intended to preserve neighborhood character in residential zones by avoiding streets that look like alleyways. The subject RV Park abuts a short, narrow section of Tecorida Avenue that is, for practical purposes, an alley. The street does not provide primary access to any of the abutting uses and will likely never be a through street that accommodates a significant amount of traffic. The applicant wishes to extend RV spaces and fencing along Tecorida Avenue as a continuation of the pattern that presently exists. This seems reasonable, as a 10-foot setback just for the expansion area would be of little public value and could create a maintenance problem. Planning Commission Action: The Planning Commission considered the subject Zone Change and Variance applications at a public hearing held on October 20, 1998. The Planning Commission concurred with staff's recommendations and voted to adopt Resolution No. PC 1998-035. Resolution No. PC 1998-035 recommends that the Council approve the subject Zone Change and Variance applications based on certain findings and conditions. As noted above, the Planning Commission modified recommended conditions of approval because they wanted to ensure the preservation of trees. Conclusions: The applicant's proposal to expand the existing RV Park onto the subject site, as conditioned by the Variance, would be compatible with existing uses in the area. Proposed plans are to improve portions of the site that are suitable for development and at the same time preserve sensitive areas, such as the creek and a number of large native trees. The project is consistent with the General Plan, would not have significant effects on the environment and would seem to fit well in the neighborhood. FISCAL IMPACT: If the project is approved, the existing Recreational Vehicle Park would be expanded to include seventeen(17) more recreational vehicle spaces. If the project is not approved, it is likely that apartments would be built on the site. The apartments would generate more in terms of . development fees than would the Recreational Vehicle Park; however, the Recreational Vehicle Park would generate more in terms of business license fees, sewer connection fees and transient occupancy tax than would the apartments. The fiscal effect of either project is negligible. 000090 ITEM NUMBER: B - 2 DATE: 11/10/98 ALTERNATIVES: Alternative#1 --The Council could recommend that no changes be made to the existing zoning. Under this scenario, the Variance would be a moot point because the proposed use of the property would not be allowed. The site would probably be developed as apartments.pursuant to the approved the Precise Plan. Alternative#2 —The Council could recommend approval of a modified version of the proposed project. The Council could accomplish this by recommending approval of the Zone Change and Variance applications based on Conditions of Approval which differ from those contained herein. Depending on the extent of the modifications, the Council may or may not have to reschedule action to allow for further staff analysis and/or environmental review. RESPONSIBLE DEPARTMENT: Community Development Department ATTACHMENTS: Attachment A-- Location Map (General Plan) Attachment B --Location Map (zoning) Attachment C --Approved Site Plan for Apartments (PP #98001) Attachment D -- Resolution PC 1998-035 Attachment E -- Planning Commission Minutes Attachment F --Negative Declaration Attachment G -- Ordinance 355 Attachment H --Resolution No. 1998-048 000091 Attachment ALocatio� Map (General Plan) ZC#98006 : Variance -98114 It=mi —, OW �� il��l► '� I, Attachment B , ZC#98006 & Variance#98004 =- 01 ELI t 11th �. '•. : . 'rai • gar • /�j� ® ®p ® IA >►9,: A Attachment C �Egp Approved Site Plan for Apartments ZC#98006 & Variance#98004 - �2 01 - X11 v N r r l \\ \ `� �• X31 x -00094 Attachment D Resolution No. PC 1998-035 ZC#98006 & Variance#98004 RESOLUTION NO. PC 1998-035 A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF _ ATASCADERO RECOMMENDING THAT THE CITY COUNCIL APPROVE ZONE CHANGE#98006 AND VARIANCE #98004 (Lots 24 & 25,Block UA,Atascadero Colony: Gearhart) WHEREAS, the applicant has filed Zone Change and Variance applications to allow for the expansion of the existing RV Park located at 5000 Marchant Avenue; and WHEREAS, the Planning Commission of the City of Atascadero, at its regularly scheduled meeting on October 20, 1998, studied and'considered the subject Zone Change and Variance applications; and WHEREAS, the Zone Change applications would expand Planned Development Overlay Zone No. 10 to the subject site and amend the Master Plan of Development correspondingly; and WHEREAS, the Variance application would allow exceptions to Zoning Ordinance requirements relative to minimum site area, waste disposal and setbacks; and WHEREAS, the Planning Commission has determined that it is in the best interest of the City to approve these applications to protect the health, safety and welfare of its citizens by applying orderly development of the City; and WHEREAS, the laws and regulations relating to the preparation and public notice of environmental documents, as set forth in the local guidelines implementing the California Environmental Quality Act (CEQA), have been adhered to; and WHEREAS, absent additional information submitted into the record after this date, the project does not have the potential to cause significant adverse effects on the environment and the Negative Declaration prepared for the project should therefore be adopted; and WHEREAS, a timely and properly noticed public hearing on Zone Change#98006 and Variance#98004 was held by the Planning.Commission of the City of Atascadero on October 20, 1998 at which hearing evidence, oral and documentary, was admitted on behalf of said applications. WHEREAS, the Planning Commission of the City of Atascadero finds as follows: 1. The Variance does not constitute a grant of special privileges inconsistent with the limitations upon other properties in the vicinity and zoning district in which such property is situated. 000095 2. There are special circumstances applicable to the property, including size, shape, topography, location, or surroundings, and because of these circumstances, the strict application of the Zoning Ordinance would deprive the property of privileges enjoyed by other property in the vicinity and in the same zoning district. 3. The Variance does not authorize a use which is not otherwise authorized in the zoning district. 4. The granting of such Variance does not, under the circumstances and conditions applied in the particular case, adversely affect the health or safety or persons, is not materially detrimental to the public welfare, nor injurious to nearby property or improvements. NOW, THEREFORE, BE IT RESOLVED that the Planning Commission hereby recommends approval of the subject Zone Change and Variance applications as shown in Exhibits A and B hereto and subject to the Conditions of Approval contained in Exhibit C hereto. On motion by and seconded by , the foregoing resolution is hereby adopted in its entirety by the following role call vote: AYES; NOES: ABSENT: ADOPTED: CITY OF ATASCADERO, CA William Zimmerman, Chair Attest: Paul M. Saldana, Director Community Development Department 000096 r. Isis v . Exhibit A �E$p Resolution No PC 1998-035 Location of Property to be Rezoned AVI K— o ri / �S MBq lLq cr N r4 A � Y A ___-- �. _-. ._ i- FROM: RMF-10 L TO : RMF-10(PD10) LA W ."H �C > � �'fd•Y 00009'7 Iola1 D Exhibit B �F$p� Resolution No PC 1998-035 Master Plan of Development for Site . 3n'3 _ di I k n • h3 1 ] ,p�y� Zalz• '�4c s •� •C�C: I •..f �1 i tl .." C n ... \ / .N 000098 EXHIBIT B Resolution No. 1998-035 Conditions of Approval for Variance#98004 CONDITIONS OF APPROVAL: 1. This Variance approval is for RV Park expansion only. All development shall conform to the Master Plan of Development shown in Attachment B hereto and the provisions of Planned Development Overlay Zone No. 10. Any modifications of the project shall be approved by the Community Development Department; substantial modifications shall be considered Zone Changes and shall require approval by both the Planning Commission and City Council. 2. Prior to occupancy of the subject site, all parcels used for RV Park purposes (including existing) shall be merged to ensure the site is operated and maintained under a single ownership. 3. All public improvements shall be constructed in conformance with the City of Atascadero Engineering Department Standard Specifications and Drawings or as directed by the City Engineer. 4. The applicant shall enter into a Plan Check/Inspection agreement with the City. The applicant shall pay all outstanding plan check/inspection fees prior to the final inspection. 5. The applicant shall obtain an encroachment permit prior to the issuance of building permits. 6. The applicant shall be responsible for the relocation and/or alteration of existing utilities. All new utilities (water, gas, electric, cable TV, telephone, etc.) shall be installed underground or as approved by the Community Development Director. The applicant shall extend all utilities to the property frontage or to the public utility easement. 7. The applicant shall construct all drainage facilities in conformance with the City Standard Specifications. 8. The applicant shall submit a grading and drainage plan, prepared by a registered civil engineer, for review and approval by the City Engineer prior to the issuance of building permits. 9. The applicant shall show both the pre-developed and post-developed 100-year limits of inundation on the grading and drainage plan. The applicant shall submit the drainage calculations required to demonstrate that the finish floor elevations of all proposed 0 000099 structures are at least one foot above the base flood elevation. The drainage calculations shall be submitted for review and approval by the City Engineer prior to the issuance of a building permit. The drainage calculations shall be prepared by a registered civil engineer. 10. The applicant shall secure all public improvements or improvements in the public right-of- way with a 100% performance guarantee and a 50%labor&materials guarantee prior to issuance of an encroachment permit. Prior to the final inspection, the applicant shall post a 10%maintenance guarantee to cover the improvements for a period of 1 year from the date of the final inspection. The guarantee amounts shall be based on an engineer's estimate submitted by the project engineer and approved by the City Engineer. The estimate shall be based on City standard unit prices. The securities posted for this project shall be approved by the City Attorney. The performance and labor& materials securities will be release by the City 35 days from the date a Notice of Completion is filed with the County and upon posting of the 10%maintenance guarantee. 11. The applicant shall submit road improvement plans prepared by a registered civil engineer for review and approval by the City Engineer. Road improvement plans shall conform to the requirements of the City Standard Specifications, Section 2 -Preparation of Plans. R- value testing shall be done, and the pavement section designed by a registered civil engineer to the satisfaction of the City Engineer. Road improvements shall include, but not be limited to the following: A. The applicant shall improve Tecorida Avenue, as required by the City Engineer and Community Development Director, from Marchant Avenue to the southerly property boundary. Improvements shall be in conformance with the Native Tree Ordinance to minimize tree removals along Tecorida Avenue. Improvements shall provide minimum City Standards for Fire Access. B. Offers of dedication shall be provided for all public improvements constructed outside of existing rights-of-way. Offers of dedication shall be recorded prior to the final inspection. C. The applicant shall construct the improvements necessary to eliminate the ponding of storm water on the easterly side of Alcantara Avenue near the northeasterly property corner. 12. The applicant shall monument all property corners for construction control and shall promptly replace them if disturbed. 13. The applicant shall acquire title or interest in any off-site land that may be required to allow for the construction of the improvements. The applicant shall bear all costs associated with the necessary acquisitions. The applicant shall also gain concurrence from all adjacent property owners whose ingress or egress is affected by these improvements. 000100 14. The applicant shall provide public utility easements for all utilities which are to be relocated outside of the existing rights-of-way. Recorded.copies of the easements shall be submitted to the City Engineer prior to the final inspection - 15. The applicant shall submit a written statement from. registered civil engineer that all work has been completed and is in full compliance with the approved plans and the Uniform Building Code(UBC)prior to the final inspection. 16. A Mylar copy and a blue line print of as-built improvement plans, signed by the registered engineer who prepared the plans shall be provided to the City Engineer prior to the final inspection. A certification shall be included that all survey monuments have been set as shown on the parcel map. 17. The California Department of Fish and Game shall review and approve plans prior to the issuance of building permits. 18. No common dumping facility may be provided for use on site. 000101 f, s ■ a i$ e Attachment E �Egp Planning Commission Minutes ZC#98006 & Variance#98004 — 2. Zone Change#98006/Variance#98004-6250 Alcantara(Gearhart/Cannon Assoc.) Zone Change application to expand existing Planned Development Overlay Zone No. 10 onto the adjacent lot to the west, and the Variance application seeks flexibility from zoning standards related to minimum site area, setbacks,waste disposal and fencing. (Staff recommendation: (1)Find the project would not have significant adverse effects on the environment and that, based on the information contained in the record as it exists to this date, the Draft Negative Declaration prepared for the project should be adopted as adequate under the requirements of the California Environmental Quality Act(CEQA). (2)Adopt Resolution No. PC 1998-035, recommending that the City Council approve Zone Change#98006 and Variance#98004 based on certain findings and Conditions of Approval). Gary Kaiser provided the staff report and informed the Commission of a couple of changes. He pointed out that on Page 1 of Attachment C under(b)Allowable Uses there were only 6 uses listed and there should have been 8: "7. Recreational Vehicle Park(See Section 9-6.180)" "8. Caretaker's Residence(See Section Gary also added a Condition No. 17 to read as follows: "17. The California Department of Fish and Game shall review and approve plans prior to the issuance of building permits." Gary informed the Commissioners that the applicant was not proposing any tree removal; however, the removal of several large oaks and several large Sycamore Trees could be required in order to satisfy the recommended conditions for road improvements. The Commissioners had questions regarding the lot merger,how to assure short term or transient- type occupancy only and drainage. Chairman Zimmerman submitted a flyer from the subject RV Park(attached hereto as Exhibit"B"). TESTIMONY: John Falkenstien Cannon Associates(applicant's agent)-stated that this is a clean, quiet, effective use for this property. There will be no encroachments in to the creek;no impact into the flow line of the creek; and no creek realignment with the expansion of this use but there would be a creek crossing if the property was used for apartments or even as a single family residence. John said if the applicant isn't required have an access on to Tecorida, a couple of spaces could be eliminated in the back of the park to provide a turn-around area so vehicles could exit on to Marchant.. 000102 191$ ® 19 Attachment E,Page 2 �11Egp Planning Commission Minutes Zone Change#98006 & Variance#98004 David Low, 6500 Alcantara- said he and his wife were originally opposed to the RV Park in their neighborhood. He admitted that they were wrong;that the Gearhart's have done a really good, job of running the Park;he and his neighbors have had no complaints. David said he was in favor of the extension of the RV Park. Mike Murphv. 9320 Santa Clara-spoke.in favor of the proposal;it's a good location and will bring people and their money in to the community. Bill Bright, 11875 Santa Lucia-was in favor of the RV Park extension;the park is managed well and there is a good turnover of visitors. Kelly Gearhart, applicant-wanted to confirm that his RV Park was not a permanent destination; that the most people stay is a week;that the money is in the daily rentals. He said his Business License doesn't allow permanent residence in the park. . . . . . . . .closed to public testimony. . . Chairman-Zimmerman-said he couldn't support this project before and didn't think he could P J support it now. He was still concerned with the vehicles exiting on to Morro Road. Commissioner Arrambide, said this RV Park was in the spirit of what Atascadero needs;minimum intrusion;neighbors like it;visitors buy gas here-shop here-it's good for Atascadero and he supports it. Commissioner Eddings-agrees with Commissioner Arrambide-visitors will spend money in town;Atascadero could use more businesses like this. Commissioner Hageman-would rather see apartments built instead of the RV extension. Commissioner Fonzi does not want to see any Sycamore Trees removed or any closure at the end of Tecorida. There was considerable discussion with regards to egress/access;fire access;tree removals, and road improvements to Tecorida and Alcantara. John Neil explained that if the applicant wasn't required to improve Alcantara at this time,there would not be a future opportunity. Commissioner Clark wondered if the improvements would require tree removal and curb,gutter and sidewalk. John responded that there would be tree removal and confirmed the curb,gutter and sidewalk requirement. Gearhart, said he wanted to improve The applicant,Kelly G p e Teconda to provide the necessary fire access but didn't want to improve Alcantara;he wanted to avoid the tree removals that would be required for that improvement. 000103 rt ■ m n a m 918 , .19 Attachment E,Page 3 �E110/ Planning Commission Minutes Zone Change#98006 & Variance#98004 After more discussion, it was the consensus of the Commission that conditions be added regarding dumping facilities and Fish and Game approval;Condition 1113 be revised and Condition 11A be deleted. . . . .the Chairman called for a break @ 9:08p.m. asking the Director and City Engineer to come up with some language for revised conditions-the meeting reconvened @ 9:20 p.m. . . . Paul Saldana, read the revised language for 11B and the language for Condition No. 18 as follows: "11B. The applicant shall improve Tecorida Avenue,as required by the City Engineer and Community Development Director,from Marchant to southerly property boundary. Improvements shall be in conformance with the Native Tree Ordinance to minimize tree removals along Tecorida Avenue. Improvements shall provide minimum City Standards for Fire access." "18. No common dumping facility may be provided for use on site." ACTION: Find the project would not have significant adverse effects on the environment and that,based on the information contained in the record as it exists to this date, the Draft Negative Declaration prepared for the project should be adopted as adequate under the requirements of the California Environmental Quality Act(CEQA). Motion: Sauter Second: Eddings AYES: Sauter,Eddings,Hageman, Clark, Arrambide,Fonzi,Zimmerman NOES: None ABSENT: None MOTION PASSED: 7:0 ACTION: Adopt Resolution No. PC 1998-035, recommending that the City Council approve Zone Change#98006 and Variance#98004 based upon the findings and Condi- tions of Approval as amended, as follows: "Condition No. 11A would be deleted." "Condition No.1113 would be amended so as to conform to the ruling as read into the record by Planning Director Saldana." "Condition No. 17 would be added stating that the Fish and Game approval would be granted prior to the release of any building permits." "Condition No. 18 would be added that there be no common dumping facility provided for use on site." 000104 r. �s, ■ e Attachment E,Page 4 CAD�,p Planning Commission Minutes Zone Change#98006 & Variance#98004 Motion: Sauter Second: Eddings AYES: Sauter,Eddings, Clark, Arrambide,Fonzi NOES: Hageman,Zimmerman ABSENT: None MOTION PASSED: 5:2 000105 Y aa 1 a Attachment E,Page 5 �EBp Planning Commission Minutes _ Zone Change#98006 & Variance#98004 EXHIBIT "A" PLANNING COMMISSION MINUTES ; 10/20/98 We,the undersigned, are in the neighborhood of Tecolote Road in Atascadero. We understand that the owners,the Estate of Gordon T. Davis, have applied to the City of Atascadero, to abandon the end of Tecolote Road and the cul de sac. Because of increasing vandalism,illegal dumping, teenage parties, and fire hazard,we support this abandonment and encourage the Atascadero Planning Commission and City Council to accept this request. NAME ADDRESS SIGNATURE & DATE /vim C� nuc ,4V7A- LLJOW G UTA,, S zro6o t_Cl' A)// 000106 Attachment E,Page 6 Planning Commission Minutes _ ' Zone Change#98006& Variance#98004 We;the undersigned, are in the neighborhood of Tecolote Road in Atascadero. We understand that the owners,the Estate of Gordon T. Davis,have applied to the City of Atascadero to abandon the end of Tecolote Road and the cul de sac. Because of increasing vandalism,illegal dumping,teenage parties, and fire hazard, we support this abandonment and encourage the Atascadero Planning Commission and City Council to accept this request. NAME ADDRESS SIGNATURE & DATE 1w1719 Sta4( ggoo 5,z4, Lk emu- .,� d/ 4 / 000107 1918 a 1 9 Attachment E,Page 7 Eg�p Planning Commission Minutes _ Zone Change#98006 & Variance#98004 "8" PLANNING COMMISSION MINUTES . OCTOBER 20, 1998 to 4A IL Q ii• :• _ -Z od ,•:: 4N N Q Atascader0 Aja Acte kV rk 5000 Marchant Atascadero,CA 93422•.(805)461-0543 o E m rn>a w ca c W Z ? 1Z5y caL o a� c a a3 c c m ao° 'am o t6 c c(aa a F- Q w w0 °' ° ° � ca= ac iu� � � oa ate= o-. c >,a m° E � H = �� Y E �cmamo ma mmia.Q°? v°i om `a va= C: =a? m0 Z Q w ~ a-w ¢ ° mN �. o °tea ccm`- - m n ° ¢:_ y � � o 0= Q CL y >N Cin m > - ai C (a >_ ° -� !�— ao+y'YL m. ''. ° J —, QWF}Q- >� H � ¢Sooai CC a) mmviayiao mEm � � acaa 3� > o Q _ O w > - _ C Q N a a — C C O y C --°` c c .N C to m y T cC .f0 a: aW w > >.ao 'a = 3 mca-- c=_ amcts m3 - y ° c O W J w > Q i 'a.2 O y y ° E 8 a)m m >_ >, ° °L y d m m'- Q w � 0w- Z Qm ° � cm E� ya� mccc3 °.°n � >.Zcin Ei r 0. > a:}cccn ¢ c� oa- m= �� ao CLa) ca 0 c-c•a c.0 m o m F-a. 0wui 0 cc wE y m N c01� �-a ° > o mb TY aj v y• a ° Co = Co CD Q JF- Z-jwca c-- --'�, 5Eca _ a� a-° = 3mcr-(5 ° Nn �Y 0Y ycD a -,U) V Q WWw �Cn aca Eomu) '3ccE 3ca 0y � a «. vi � caN EtCd c O yfQ ° ca LL a=te W >m aia aT0 mO=z m m a- y ° m aS m `p .y m O C j O Q W w ti OC m ai U >. m N m r m m v- Q J '� � Z —aoi c m mm ca n.� rnm�e as c y:> `ate ami nN fl.J. �. °�� o.� �- Q'� v?��-6Y � � �_ � U) E'ccSo> Q �� a = o��' E ao >> ®OU10€ .- N 0 0 N rn co 5_ 3 O_ 4 m d 3 ccs CC�n rri n cr_ rri m•n r� .ri Ye 1 a Attachment E,Page 8 �1Egp Planning Commission Minutes _ Zone Change#98006& Variance#98004 $ 24.00 plus tax nightly $150.90 plus tax weekly z uur IUI Au,APTH St i NJed Aa i al!N [IV i aapeoseldl s r- „__ - 3 n N 3 A V 1N V H ' ' > I IL N `( �IQ., \ 01 0 I I` .• - vi � � --_ � / � mac. ., I I U i i,. r: W i I� _ --'_-_ •�I it 2 % i 4 �� 000109 Attachment F Negative Declaration g _ ZC#98006 & Variance#98004 CITY OF ATASCADERO NEGATIVE DECLARATION 6500 Palma Avenue Atascadero,CA 93422 805.461.5035 APPLICANT: Kelly Gearhart 6205 Alcantara Avenue Atascadero, California 93422 (805)466-2776 PROJECT=E: Zone Change 998006&Variance 998004 PROJECT LOCATION: 5000 Marchant Avenue (Lots 24&25,Block UA, Atascadero Colony) PROJECT DESCRIPTION: The applicant proposes to expand the existing RV Park at the above location from 23 spaces to 40 spaces. A Zone Change application has been filed to expand Planned Development Overlay Zone No., 10(PD10 Overlay)to include the subject site. The PD10 Overlay currently applies only to the existing RV Park. The Zone Change would allow for the same use on the subject site and establish a Master Plan of Development to which all development must conform. The zoning of the site, then, is proposed to be changed from RMF-10 to RMF-10(PD10). A Variance application has also been filed. The Variance seeks an exception to zoning standards pertaining to minimum site area, fencing and waste disposal. Exceptions to these same zoning standards were granted when the existing RV Park was approved. FINDINGS: 1. The project does not have the potential to degrade the environment. 2. The project will not achieve short-term to the disadvantage of long-term environmental goals. 3. The project does not have impacts which are individually limited,but cumulatively considerable. 4. The project will not cause substantial adverse effects on human beings either directly or indirectly. DETERMINATION: Based on the above findings, and the information contained in the initial study(made a part hereof by reference and on file in the Community Development Department),it has been determined that the above project will not have an adverse impact on the environment. PREPARED BY: Gary Kaiser,Associate Planner DATE POSTED: October 12, 1998 DATE ADOPTED: 1100110 ATTACHMENT G ORDINANCE NO. 355 AN ORDINANCE OF THE COUNCIL OF THE CITY OF ATASCADERO AMENDING MAP 17 OF THE OFFICIAL ZONING MAPS BY ADDING PLANNED DEVELOPMENT OVERLAY ZONE NO. 10 TO THE EXISTING LOW DENSITY MULTIPLE FAMILY(RMF-10)ZONING OF CERTAIN REAL PROPERTY LOCATED AT 6250 ALCANTARA AVENUE (ZC 98006; Gearhart) WHEREAS, the proposed zoning map amendment is consistent with the General Plan as required by Section 65860 of the California Government Code; and WHEREAS, the proposed amendment is in conformance with Section 65800 et seq. of the California Government Code concerning zoning regulations; and WHEREAS, the proposed amendment will not have a significant adverse impact upon the environment;the Negative Declaration prepared for the project is adequate; and WHEREAS, the Atascadero Planning Commission held a public hearing on October 20, . 1998 and has recommended approval of Zone Change 98006; and WHEREAS, a timely and properly noticed public hearing on Zone Change 98006 was held by the City Council of the City of Atascadero on November 10, 1998 at which hearing evidence, oral and documentary, was admitted on behalf on said Zone Change application. NOW, THEREFORE, the Council of the City of Atascadero does ordain as follows: Section 1. Council Findings. 1. The proposal is compatible with the surrounding land use and zoning. 2. The proposal is consistent with the General Plan Land Use Element and other elements contained in the General Plan. 3. The proposal will not result in any significant adverse environmental impacts. The Negative Declaration prepared for the project is adequate. Section 2. Zoning Mai Map number 17 of the Official Zoning Maps of the City of Atascadero on file in the City Community Development Department is hereby amended as shown on the attached Exhibit A . which is hereby made a part of this ordinance by reference. 000111 Section 3. Publication. The City Clerk shall cause this ordinance to be published once within fifteen(15) days after its passage in the Atascadero News, a newspaper of general circulation, printed, published, and circulated in the City in accordance with Section 36933 of the Government Code; the Clerk shall also certify the adopting and posting of this ordinance and shall cause this ordinance and this. certification together with proof of posting to be entered into the Book of Ordinances of the City. Section 4. Effective Date. This ordinance shall go into effect and be in full force and effect at 12:01 a.m. on the 31st day after its passage. On motion by and seconded by the foregoing Ordinance is approved by the following role call vote: AYES: NOES: ABSENT: DATE ADOPTED: By: HAROLD L. CARDEN III, Mayor ATTEST: MARCIA M. TORGERSON, City Clerk APPROVED AS TO FORM: ROY A. HANLEY, City Attorney 000112 �. Big ■ r. R Exhibit A,Page 1 Zoning Map Amendment _ Ordinance 355 _ - .;.; �� �•• / N � CSA r4 r Y A40 � -�� - EXIS i i,JU RV PA2K �. M v FROM: RMF-10 TO : RMF-10(PD10) FH o 1p 11 l4 J 000113 a1 a Exhibit A,Page 2 CMAA3Egp Expanded Master Plan of Development Ordinance 355 - g x; 3nN3AG r sw t 3. � 7 J I r // 1/ �• �/s ST i ' iso" I r• l / ..\ 1 \ 'k• �:7f�' 'rte iV 000114 ATTACHMENT H RESOLUTION NO. PC 1998-048 A RESOLUTION OF THE COUNCIL OF THE CITY OF ATASCADERO APPROVING VARIANCE#98004 TO ALLOW AN EXCEPTION TO THE ZONING ORDINANCE WITH RESPECT TO MINEWTE SITE AREA, SETBACKS AND WASTE DISPOSAL REQUIREMENTS IN A RV PARK (Lots 24 & 25,Block UA,Atascadero Colony: Gearhart) WHEREAS, the applicant has filed the subject Variance application to allow for the orderly expansion of the existing RV Park located at 5000 Marchant Avenue; and WHEREAS, the Variance application would allow exceptions to Zoning Ordinance requirements relative to minimum site area, waste disposal and setbacks; and WHEREAS, the Planning Commission of the City of Atascadero, at a regularly scheduled public hearing held October 20, 1998, voted to recommend approval of the subject Variance application;and WHEREAS, the City Council has determined that it is in the best interest of the City to approve these applications to protect the health, safety and welfare of its citizens by applying orderly development of the City; and WHEREAS, the laws and regulations relating to the preparation and public notice of environmental documents, as set forth in the local guidelines implementing the California Environmental Quality Act (CEQA), have been adhered to; and WHEREAS, the project does not have the potential to cause significant adverse effects on the environment;the Negative Declaration prepared for the project is therefore adequate; and W EREAS, a timely and properly noticed public hearing on Variance#98004 was held by the City Council of the City of Atascadero on November 10, 1998 at which hearing evidence, oral and documentary, was admitted on behalf of said applications and WHEREAS, the City Council of the City of Atascadero finds as follows: 1. The Variance does not constitute a grant of special privileges inconsistent with the limitations upon other properties in the vicinity and zoning district in which such property is situated. 2. There are special circumstances applicable to the property, including size, shape, topography, location, or surroundings, and because of these circumstances, the 000115 3. The Variance does not authorize a use which is not otherwise authorized in the zoning district. 4. The granting of such Variance does not, under the circumstances and conditions applied in the particular case, adversely affect the health or safety or persons, is not. materially detrimental to the public welfare, nor injurious to nearby property or improvements. NOW, THEREFORE, BE IT RESOLVED that the City Council hereby approves the subject Variance application as shown in Exhibits A hereto and subject to the Conditions of Approval contained in Exhibit B hereto. On motion by and seconded by , the foregoing resolution is hereby adopted in its entirety by the following role call vote: AYES; NOES: ABSENT: ADOPTED: CITY OF ATASCADERO, CA Harold L. Carden III, Mayor Attest: Marcia M. Torgerson, City Clerk Approved as to form: Roy A. Hanley, City Attorney 000116 MIS <9 9 Exhibit A Resolution No. 1998-048 1J4 � zY 3 �Z x Ar •.2. r .. ;W r. J f K q r , r / / J( ::I may, ",.• i 1w 000117 r . EXHIBIT B Resolution No. 19_98-049 Conditions of Approval for Variance#98004 CONDITIONS OF APPROVAL: 1. This Variance approval is for RV Park expansion only. All development shall conform to the Master Plan of Development shown in Attachment B hereto and the provisions of Planned Development Overlay Zone No. 10. Any modifications of the project shall be approved by the Community Development Department; substantial modifications shall be considered Zone Changes and shall require approval by both the Planning Commission and City Council. 2. Prior to occupancy of the subject site, all parcels used for RV Park purposes (including existing) shall be merged to ensure the site is operated and maintained under a single ownership. 3. All public improvements shall be constructed in conformance with the City of Atascadero Engineering Department Standard Specifications and Drawings or as directed by the City Engineer. 4. The applicant shall enter into a Plan Check/Inspection agreement with the City. The applicant shall pay all outstanding plan check/inspection fees prior to the final inspection. 5. The applicant shall obtain an encroachment permit prior to the issuance of building permits. 6. The applicant shall be responsible for the relocation and/or alteration of existing utilities. All new utilities (water, gas, electric, cable TV, telephone, etc.) shall be installed underground or as approved by the Community Development Director. The applicant shall extend all utilities to the property frontage or to the public utility easement. 7. The applicant shall construct all drainage facilities in conformance with the City Standard Specifications. 8. The applicant shall submit a grading and drainage plan, prepared by a registered civil engineer, for review and approval by the City Engineer prior to the issuance of building permits. 9. The applicant shall show both the pre-developed and post-developed 100-year limits of inundation on the grading and drainage plan. The applicant shall submit the drainage calculations required to demonstrate that the finish floor elevations of all proposed S 000118 structures are at least one foot above the base flood elevation. The drainage calculations shall be submitted for review and approval by the City Engineer prior to the issuance of a building permit. The drainage calculations shall be prepared by a registered civil engineer. 10. The applicant shall secure allpublic improvements or improvements in the public right-of- way with a 100%performance guarantee and a 50%labor& materials guarantee prior to issuance of an encroachment permit. Prior to the final inspection, the applicant shall post a 10%maintenance guarantee to cover the improvements for a period of 1 year from the date of the final inspection. The guarantee amounts shall be based on an engineer's estimate submitted by the project engineer and approved by the City Engineer. The estimate shall be based on City standard unit prices. The securities posted for this project shall be approved by the City Attorney. The performance and labor& materials securities will be release by the City 35 days from the date a Notice of Completion is filed with the County and upon posting of the 10% maintenance guarantee. 11. The applicant shall submit road improvement plans prepared by a registered civil engineer for review and approval by the City Engineer. Road improvement plans shall conform to the requirements of the City Standard Specifications, Section 2 -Preparation of Plans. R- value testing shall be done, and the pavement section designed by a registered civil engineer to the satisfaction of the City Engineer. Road improvements shall include, but not be limited to the following: A. The applicant shall improve Tecorida Avenue, as required by the City Engineer and Community Development Director, from Marchant Avenue to the southerly property boundary. Improvements shall be in conformance with the Native Tree Ordinance to minimize tree removals along Tecorida Avenue. Improvements shall provide minimum City Standards for Fire Access. B. Offers of dedication shall be provided for all public improvements constructed outside of existing rights-of-way. Offers of dedication shall be recorded prior to the final inspection. C. The applicant shall construct the improvements necessary to eliminate the ponding of storm water on the easterly side of Alcantara Avenue near the northeasterly property corner. 12. The applicant shall monument all property corners for construction control and shall promptly replace them if disturbed. 13. The applicant shall acquire title or interest in any off-site land that may be required to allow for the construction of the improvements. The applicant shall bear all costs associated with the necessary acquisitions. The applicant shall also gain concurrence from all adjacent property owners whose ingress or egress is affected by these improvements. 000119 14. The applicant shall provide public utility easements for all utilities which are to be relocated outside of the existing rights-of-way. Recorded copies of the easements shall be submitted to the City Engineer prior to the final inspection 15. The applicant shall submit a written statement from a registered civil engineer that all work has been completed and is in full compliance with the approved plans and the Uniform Building Code(UBC)prior to the final inspection. 16. A Mylar copy and a blue line print of as-built improvement plans, signed by the registered engineer who prepared the plans shall be provided to the City Engineer prior to the final inspection. A certification shall be included that all survey monuments have been set as shown on the parcel map. 17. The CaliforniaDepartment of Fish and Game shall review and approve plans prior to the issuance of building permits. 18. No common dumping facility may be provided for use on site. 0001`'® ITEM NUMBER: C -1 DATE: 11/10/98 fer8 = 0 19 8 CAI City Treasurer's..Agenda Report Rudy Hernandez Investment Policy RECOMMENDATION: Finance Committee', recommends Council adopt Resolution 1998-047 adopting the City of Atascadero Investment Policy. DISCUSSION: Background: The City originally adopted an interim investment policy in 1993 (Resolution 144- 93) and revised that interim investment policy in May 1995 (Resolution 31-95). State government code requires that the investment policy be reviewed annually and it was the . consensus of the City Treasurer and staff that the investment policy needed a major overhaul. The new investment'policy was presented to and approved by the Finance Committee. Summary: The general objectives of the investment policy in order of importance are safety, liquidity and yield. The investment policy requires investment officers to use the prudent man rule, to exercise duediligence, to follow written procedures and to follow the investment policy. The City Treasurer, the City Manager and the Director of Administrative Services are all authorized to .undertake investment transactions on behalf of the City, however the City Treasurer is generally responsible for idle cash management. The Finance Committee is responsible for providing general investment strategies for the future and for reviewing the status of investments. The policy also establishes internal controls, a conflict of interest policy, procedures and minimum qualifications for financial institutions and broker/dealers with whom the City invests, and a safekeeping/custody policy for securities. The proposed policy narrows (from the current investment policy) the type of investments that the City may participate in and establishes maximums for these investments. The following instruments are permitted by-the proposed policy: 000121 ITEM NUMBER: C - 1 DATE: 11/10f98 Type Maximum Investment State Treasurer's Local Agency Investment Fund $20 million • U.S. Government Issues 40%of the City's portfolio Bankers Acceptances 30%of the City's portfolio Commercial Paper 20%of the City's portfolio Certificate of Deposits& Passbook Savings No limit Money Market Mutual Funds 20%of the.City's portfolio (The above percentages are not recommendations,but instead are the maximum allowable investment in the type of investment instrument.) The policy calls for diversification of the City's investments and maturities. It is intended that all investments will be held to maturity and that the City will not invest in instruments with maturities longer than 5 years without matching the investment to a specific project or cash flow need. The investment policy also addresses due diligence requirements, prohibited investments, legislative changes, cash management, evaluation of investment performance, investment reporting and investment policy review. Analysis: The proposed investment policy provides a broad set of investment guidelines designed to insure the safety of the City's investments. The policy does not set specific investment strategies,but instead is designed to act as a framework for the Finance Committee, • City Treasurer and staff to work within when determining investment.strategies now and in the future. FISCAL IMPACT: None. RESPONSIBLE DEPARTMENT: City Treasurer Finance Department ATTACHMENTS: Resolution 1998-047 Investment Policy(Distributed separately) 000122 RESOLUTION NO. 1998-047 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ATASCADERO,ADOPTING THE CITY OF ATASCADERO INVESTMENT POLICY :WHEREAS,The City Council of the City of Atascadero desires to prudently invest idle funds of the City to maximize use of taxpayer funds;and WHEREAS, the California Government Code Section 53600.3 states that"all governing bodies of local agencies or persons authorized to make investments decisions on behalf of those local agencies investing public funds pursuant to this chapter are 'trustees and therefore fiduciaries subject to the prudent investor standard.", and WHEREAS, the California Government Code Section 53646 requires all local agency governing boards to annually adopt an investment policy and requires the Treasurer or Chief Financial Officer to provide an investment report to the legislative body at least quarterly; and WHEREAS, the California Government Code. Section 53607 authorizes the legislative body to delegate investment authority and responsibility to the Treasurer for a period not to exceed one year but renewable annually,upon review; and WHEREAS, the City of Atascadero first adopted its interim investment policy in 1993, revised that policy in 1995 and that policy is in need of updating NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Atascadero that the City of Atascadero Investment Policy, attached hereto, is adopted and that the City Treasurer is hereby authorized to carry out this policy, on behalf of the City Council. . On motion by and seconded by the foregoing resolution is approved by the following vote: AYES: NOES: ABSENT: Harold L. Carden III Mayor ATTEST: Marcia McClure Torgerson, City Clerk APPROVED AS TO FORM: Roy A. Hanley, City Attorney 000123 INVESTMENT POLICY City of Atascadero 1998 TABLE OF CONTENTS • P� I. OVERVIEW................................................................................ 1 Introduction Scope General Objectives Standards of Care II. INVESTMENT AUTHORITY AND RESPONSIBILITIES .. ..................... 4 Authorized Investment Officers Investment Procedures Internal Control Conflicts of Interest III. ELIGIBLE FINANCIAL INSTITUTIONS............................................ 6 Selection of Eligible Financial Institutions Safekeeping and Custody IV. AUTHORIZED INVESTMENTS...................................................... 8 Investment Types Due Diligence Requirement Prohibited Investments • Legislative Changes V. INVESTMENT PARAMETERS........................................................ 11 Diversification Maximum Maturities VI. CASH MANAGEMENT....................................:............................ 12 VII. EVALUATION OF INVESTMENT PERFORMANCE............................ 13 Benchmark Comparison VIII. INVESTMENT REPORTING.......................................................... 14 IX. INVESTMENT POLICY REVIEW AND ADOPTION............................. 15 X. APPENDICES Appendix 1: Glossary... . ....................................................... 16 Appendix 2: Related Government Codes..................................... 24 1. OVERVIEw INTRODUCTION The purpose of this document is to provide guidelines for the prudent investment of the City's temporarily idle cash and outline policies, for maximizing the efficiency of the City's cash management system. The ultimate goal is to enhance the economic status of the City while protecting its pooled cash. SCOPE Included in the scope of the City's investment policy are the following major guidelines and practices which are to be used in achieving the City's primary investment objectives: Investment Authority and Responsibilities Eligible Financial Institutions Authorized Investments Investment Parameters Cash Management Evaluation of Investment Performance Investment Reporting • Investment Policy Review and Adoption It is intended that this policy cover all funds and investment activities under the direct authority of the City. These funds are accounted for in the Annual Financial Report and include the general fund, special revenue funds, debt service funds, capital project funds, enterprise funds, internal service funds and agency funds. Subject to the prior written consent and approval of the City Treasurer and City Manager, financial assets held and invested by trustees or fiscal agents are excluded from this policy. However, such assets are nevertheless subject to the regulations established by the State of California pertaining to investments by local agencies as well as the related bond indentures. • 1 1. OVERVIEW (continued) GENERAL OBJECTIVES The primary objectives, in priority order, of investment activities shall be safety, liquidity, and yield: 1. Safety Safety of principal is the foremost objective of the investment program. Investments shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. The objective will be to mitigate credit risk and interest rate risk. a. Credit Risk The City will minimize credit risk, the risk of loss due to the failure of the security issuer or backer, by: • Limiting investments to the safest types of securities • Pre-qualifying the financial institutions, broker/dealers, intermediaries, and advisers with which the City will do business • Diversifying the investment portfolio so that potential losses on individual securities will be minimized. • b. Interest Rate Risk The City will minimize the risk that the market value of securities in the portfolio will fall due to changes in general interest rates,by: • Structuring the investment portfolio so that securities mature to meet cash requirements for ongoing operations, thereby avoiding the need to sell securities on the open market prior to maturity • Investing operating funds primarily in shorter-term securities, money market mutual funds, or similar investment pools 2. Liquidity The investment portfolio shall remain sufficiently liquid to meet all operating requirements that may be reasonably anticipated. This is accomplished by structuring the portfolio so that securities mature concurrent with cash needs to meet anticipated demands (static . liquidity). Furthermore, since all possible cash demands cannot be anticipated, the portfolio should consist largely of securities with active secondary or resale markets (dynamic liquidity). A portion of the portfolio also will be placed in money market mutual funds or local government investment pools which offer same-day liquidity for short term funds. 2 1. OVERVIEW (continued) GENERAL OBJECTIVES (continued) 3. Yield The investment portfolio shall be designed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment risk constraints and liquidity needs. Return on investment is of secondary importance compared to the safety and liquidity objectives described above. The core of investments are limited to relatively low risk securities in anticipation of earning a fair return relative to the risk being assumed. Securities shall not be sold prior to maturity with the following exceptions: a. A security with declining credit may be sold early to minimize loss of principal. b. A security swap would improve the quality,yield, or target duration in the portfolio. c. Liquidity needs of the portfolio require that the security be sold. STANDARDS OF CARE The City operates its pooled idle cash investments under the "Prudent Person Rule" which • obligates a fiduciary to ensure that: "...investment shall be made with the exercise of that degree of judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation but for investment considering the probable safety of their capital as well as the probable income to be derived." Investment officers acting in accordance with written procedures and this investment policy and exercising due diligence shall be relieved of personal responsibility for an individual security's credit risk or market price changes, provided deviations from expectations are reported in a timely fashion and the liquidity and the sale of securities are carried out in accordance with the terms of this policy. 3 • H. INVESTMENT AUTHORITY AND RESPONSIBILITIES AUTHORIZED INVESTMENT OFFICERS Idle cash management and investment transactions are the responsibility of the City Treasurer or designee. The City Council has authorized the following officials to undertake investment transactions on behalf of the City: City Treasurer City Manager Director of Administrative Services The Finance Review Committee, consisting of the City Treasurer, City Manager, Director of Administrative Services and two (2) members of the City Council, shall meet at least semi- annually to discuss the status of current investments, strategies for future investment, and other investment matters deemed relevant, and shall report to the City Council as necessary. INVESTMENT PROCEDURES The authorized investment officers as stated above, in accordance with the City of Atascadero • Investment Policy, are responsible for administering an investment program which: • Adheres to the Statement of Investment Policy • Prioritizes safety and liquidity • Determines risk and optimizes return • Provides for a system of due diligence in making investment decisions. INTERNAL CONTROL The Director of Administrative Services is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the City are protected from loss, theft or misuse. The internal control structure shall be designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that (1) the cost of a control should not exceed the benefits likely to be derived and (2) the valuation of costs and benefits requires estimates and judgments by management. i 4 H. INVESTMENT AUTHORITY AND RESPONSIBILITIES (continued) INTERNAL CONTROL(continued) Accordingly, the investment officer shall establish a process for an annual independent review by an external auditor to assure compliance with policies and procedures. The internal controls shall address the following points: • Control of collusion • Separation of transaction authority from accounting and recordkeeping • Custodial safekeeping • Avoidance of physical delivery securities • Clear delegation of authority to subordinate staff members • Written confirmation of transactions for investments and wire transfers • Development of a wire transfer agreement with the lead bank and third party custodian CONFLICTS OF INTEREST The City adopts the following policy concerning conflicts of interest: 1. Officers and employees involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program or which could impair their ability to make impartial investment decisions. 2. Officers and employees involved in the investment process shall disclose to the City Clerk any material financial interest in financial institutions that conduct business with the City of Atascadero and they shall further disclose any large personal financial/investment positions that could be related to'the performance of the City's portfolio. 3. Officers shall refrain from undertaking personal investment transactions with the same individual with whom business is conducted on behalf of the City. 5 III. ELIGIBLE FINANCIAL INSTITUTIONS . s SELECTION OF ELIGIBLE FINANCIAL INSTITUTIONS All financial institutions and broker/dealers who desire to become qualified for investment transactions must supply the following as appropriate: • Audited financial statements • Proof of National Association of Securities Dealers (NASD) certification • Proof of state registration • Completed broker/dealer questionnaire • Certification of having read and understood and agreeing to comply with the City's investment policy. In selecting financial institutions for deposit or investment of funds, the authorized Investment Officers shall consider the credit-worthiness of the institution. 1. Deposits The City will only deposit funds with an institution that has a rating of at least "A" as assigned by an established rating service based on quarterly financial information provided by the Federal Reserve Board and the Federal Home Loan Bank Board (i.e., The Financial Directory). Ratings will be monitored on a quarterly basis and any downgrade in rating below "A" will be reported to the Finance Review Committee together with a recommendation for possible action. 2. Brokers/Dealer Investments must be purchased directly from the issuer,from an institution licensed by the state as a broker-dealer, from a member of a federally regulated securities exchange, or from a brokerage firm designated as a primary government dealer by the Federal Reserve Bank. Broker/dealers shall be selected by creditworthiness (e.g., a minimum capital requirement of$10,000,000 and at least five years of operation). From time to time, the investment officer may choose to invest in instruments offered by minority and community financial institutions. In such situations, a waiver to the above criteria may be granted. All terms and relationships will be fully disclosed prior to purchase and will be reported to the appropriate entity on a consistent basis and should be consistent with state or local law. These types of investment purchases should be approved by City Council in advance. The authorized Investment Officers will maintain. a file of the broker/dealers with which it is currently doing business which will include the firm name, contact person, telephone number, and current audited financial statements. 6 III. ELIGIBLE FINANCIAL INSTITUTIONS (continued) SAFEKEEPING AND CUSTODY All trades, where applicable will be executed by delivery vs. payment (DVP) to ensure that securities are deposited in an eligible financial institution prior to the release of funds. Securities will be held by a third-party custodian as evidenced by safekeeping receipts. • • 7 IV. AUTHORIZED INVESTMENTS i INVESTMENT TYPES Investment of City funds is governed by the California Government Code Sections 16429.1 and 53601. Investments may not have a term or maturity at the time of investment of longer than that authorized by Section 53601 or five years unless the City Council has granted prior express authority. It should be noted that while the Government Code specifies the maximum percentage of the portfolio which may be held in each type of investment at any one time, fluctuations in the portfolio balance will prevent strict adherence to such restrictions. Therefore, percentage limitations shall apply to investments at the time of purchase. Consistent with the GFOA Policy Statement on State and Local Laws Concerning Investment Practices, the following investments will be permitted by this policy and are those defined by state and local law where applicable: 1. State Treasurer's Local Agency Investment Fund (LAIF) Government Code Section 16429.1: The City may invest a maximum of $20 million pursuant to LAIF policy (effective 9/11/94). LAIF is a diversified investment pool administered by the California State Treasurer. Monies invested with LAIF are pooled • with State monies in order to earn the maximum rate of return consistent with safe and prudent treasury management. The LAIF handbook including LAIF policies and restrictions shall be available in the City's Administrative Services Department. A thorough investigation of the pool is required on a continual basis. (See Due Diligence Requirement on page 10.) 2. U.S. Government Issues Government Code Sections 53601 (b) and (e): A maximum forty percent (40%) of the City's portfolio may be invested in U.S. government obligations, U.S. government agency obligations, and U.S. government instrumentality obligations, which have a liquid market with a readily determinable market value. 3. Bankers Acceptances Government Code Section 53601 (fl: Up to thirty percent (30%) of the City's portfolio may be invested in Bankers Acceptances which are defined as bills of exchange or time drafts, drawn on and accepted by a commercial bank, which are eligible for purchase by the Federal Reserve System, although no more than 15% of the portfolio may be invested in Bankers Acceptances with any one commercial bank. Additionally, the maturity periods cannot exceed 270 days; however, Bankers Acceptances are seldom marketed with maturities in excess of 180 days. • 8 IV. AUTHORIZED INVESTMENTS (continued) INVESTMENT TYPES (continued) 4. Commercial Paper Government Code Section 53601 (e): A maximum of twenty percent (20%) of the City's portfolio may be invested in highest tier (e.g. A-1, P-1, F-1 or D-1 or higher) commercial paper as rated by Moody's or Standard and Poor's rating service. Issuing corporations must be organized and operating in the United States, have $500 million total assets, and have at least an "A" rating (by Moody's or Standard and Poor's) on debt other than commercial paper. The maturity period cannot exceed 1 year. The 20% of portfolio limitation may be increased to 30% if the dollar-weighted average maturity of the entire amount does not exceed 31 days. "Dollar-weighted average maturity" means the sum of the amount of each outstanding commercial paper investment multiplied by the number of days to maturity, divided by the total amount of outstanding commercial paper. 5. Certificates of Deposit and Passbook Savings Accounts Government Code Section 53601: There is no limit as to the amount of the investment portfolio that may be deposited in certificates of deposit or passbook savings account. California law requires that public funds be collateralized. The depository must secure its • public fund "accounts by maintaining with the agent of the depository government securities having a market value of at least one hundred ten percent (110%) of the value of the public fund accounts. If a depository uses mortgage-backed securities (i.e., promissory notes secured by first mortgages or first deeds of trust) as collateral for public deposits, the market value of the mortgage-backed securities must be at least one hundred fifty percent (150%) of the value of the public fund accounts. The collateralization requirement may be waived to the extent that funds are federally insured (currently up to $100,000 per institution). For deposits equivalent to the maximum insured amount, security may also be waived for interest accrued on the deposit provided the interest is computed by the depository on the average daily balance of the deposits, paid monthly and computed on a 360-day basis. 6. Money Market Mutual Funds Government Code Section 53601 (k): Shares of beneficial interest issued by diversified management companies that are money market funds registered with the Securities and Exchange Commission under the Investment Company Act of 1940 (15 U.S.C. Sec 80a-1 et seq.) • 9 IV. AUTHORIZED INVESTMENTS (continued) DUE DILIGENCE REQUIREMENT As stated, a thorough investigation of an investment pool or mutual fund is required prior to investing and on a continual basis. At a minimum, the following information shall be on file for each pool and/or mutual fund: 1. A description of eligible investment securities, and a written statement of investment policy and objectives.. 2. A description of interest calculations, how interest is distributed, and how gains and losses are treated. 3. A description of how these securities are safeguarded (including the settlement process),and how often these securities are priced and the program audited. 4. A description of who may invest in the program, how often, and the size of deposits and withdrawals. 5. A schedule for receiving statements and portfolio listings. 6. Whether reserves, retained earnings, etc. are utilized by the pool/fund. 7. A fee schedule, and when and how fees are assessed. 8. Whether the pool/fund is eligible for bond proceeds and/or will it accept such proceeds. • PROHIBITED INVESTMENTS The City of Atascadero shall not invest in any investment instrument/pool/fund unless specifically allowed under the "Investment Types" section of this policy. The City of Atascadero shall comply with Government Code Section 53631.5 which states "A local agency shall not invest any funds pursuant to this article in inverse floaters, range notes, or interest-only strips that are derived from a pool of mortgages" and that "A local agency shall not invest any funds pursuant to this article in any security that could result in zero interest accrual if held to maturity." LEGISLATIVE CHANGES Any State of California legislative action that further restricts allowable maturities, investment types or percentage allocations will be incorporated into the City of Atascadero Investment Policy and supersede any and all previous applicable language. If the City is holding an investment that is subsequently prohibited by a legislative change, the City may hold that investment, if it is deemed prudent by the Finance Review Committee, until the maturity date to avoid an unnecessary loss. 10 V.INVESTMENT PARAMETERS i DIVERSIFICATION The investments shall be diversified by: • Limiting investments to avoid overconcentration in securities from a specific issuer or business sector (excluding Local Agency Investment Fund and U.S. Treasury securities), • Limiting investment in securities that have higher credit risks, • Investing in securities with varying maturities, and • Continuously investing a portion of the portfolio in readily available funds such as local government investment pools (LAIFl, or money market funds to ensure that appropriate liquidity is maintained in order to meet ongoing obligations. MAXIMUN MATURITIES In order to minimize the impact of market risk, it is intended that all investments will be held to maturity. To the extent possible, the City shall attempt to match its investments with anticipated cash flow requirements. Unless matched to a specific cash flow, the City will not directly invest in securities maturing more than five (5) years from the date of purchase or in accordance with state and local statutes and ordinances. The City shall adopt weighted average maturity limitations (which often range from 90 days to 3 years), consistent with the investment objectives. Investments may be sold prior to maturity for cash flow, appreciation purposes or in order to limit losses, however, no investment shall be made based solely on earnings anticipated from capital gains. Because of inherent difficulties in accurately forecasting cash flow requirements, a portion of the portfolio should be continuously invested in readily available funds. 11 • VI. CASH MANAGEMENT In order to obtain a reasonable return on public funds, the following cash management practice will be followed: 1. Maintain maximum in of all City funds not required to meet immediate cash. flow needs. 2. Except for cash in certain restricted and special funds, the City will consolidate cash balances from all funds to maximize investment earnings. Investment income will be allocated to the various funds based on their respective participation and in accordance with generally accepted accounting principles. 3. Maximize the City's cash flow through immediate deposit of all receipts, use of direct deposit when available, and appropriate timing of payment to venders. 4. Maximize cash flow information available through the use of only one operating bank account. • 12 • VII. EVALUATION OF INVESTMENT PERFORMANCE The investment portfolio will be designed to obtain a market average rate of return during budgetary and economic cycles, taking into account the City's investment risk constraints and cash flow needs. BENCHMARK COMPARISON The investment portfolio shall be structured to optimize the return given the risk constraints and cash flow needs. Investment performance shall be continually monitored and evaluated by the Finance Review Committee. Investment performance statistics and activity reports shall be generated on a monthly basis for presentation to the City Council. In evaluating the performance of the City's portfolio in complying with this policy, it is expected that yields on City investments will regularly meet or exceed the average return on a two-year U.S. Treasury Note. However, a variance of .5% positive or negative from the benchmark is considered reasonable by the Finance Review Committee for evaluation purposes. 13 VIII. INVESTMENT REPORTING The City Treasurer shall prepare and submit a monthly investment report to the City Council. This report will include the following elements relative to the investments held at month-end. 1 Face value. 2. Security description. 3. Coupon rate. 4. Maturity date. 5. Investment rating. 6. Investment type. 7. Purchase date. 8. Cost of security. • 9. Purchase yield. 10. Estimated market value. 11. Amortized premium/discount. 12. Listing of investment by maturity. 13. Statement relating the report to the Statement of Investment Policy. 14. Statement that there are sufficient funds to meet the next six months' obligations. 14 • IX. INVESTMENT POLICY REVIEW AND ADOPTION The Statement of Investment Policy shall be submitted annually to the City Council for adoption. The policy shall be reviewed at least annually to ensure its consistency with the overall objectives of the City and its relevance to current law and financial and economic trends. Any modifications made thereto must be approved by the City Council. 15 • Appendix 1: Glossary The following is a glossary* of key investing terms, many of which appear in GFOA'S Sample Investment Policy. Accrued Interest The accumulated interest due on a bond as of the last interest payment•made by the issuer. Agency A debt security issued by a federal or federally sponsored agency. Federal agencies are backed by the full faith and credit of the U.S. Government. Federally sponsored agencies (FSAs) are backed by each particular agency with a market perception that there is an implicit government guarantee. An example of federal agency is the Government National Mortgage Association (GNMA). An example of a FSA is the Federal National Mortgage Association (FNMA). Amortization - The systematic reduction of the amount owed on a debt issue through periodic payments of principal. Average Life - The average length of time that an issue of serial bonds and/or term bonds with a mandatory sinking fund feature is expected to be outstanding. • Basis Point - A unit of measurement used in the valuation of fixed-income securities equal to 1/100 of 1 percent of yield, e.g., "1/4" of 1 percent is equal to 25 basis points. Bid -The indicated price at which a buyer is willing to purchase a security or commodity. Book Value - The value at.which a security is carried on the inventory lists or other financial records of an investor. The book value may differ significantly from the security's current value in the market. Callable Bond - A bond issue in which all or part of its outstanding principal amount may be redeemed before maturity by the issuer under specified conditions. Call Price The price at which an issuer may redeem a bond prior to maturity. The price is usually at a slight premium to the bond's original issue price to compensate the holder for loss of income and ownership. Call Risk-The risk to a bondholder that a bond may be redeemed prior to maturity. *This glossary has been adapted from an article,entitled"Investment terms for everyday use,"that appeared in the April 5, 1996,issue of Public Investor,GFOA's subscription investment newsletter. 16 Appendix 1: Glossary(continued) Cash Sale/Purchase - A transaction which calls for delivery and payment of securities on the same day that the transaction is initiated. Collateralization Process by which a borrower pledges securities, property, or other deposits for the purpose of securing the repayment of a loan and/or security. Commercial Paper - An unsecured short-term promissory note issued by corporations, with maturities ranging from 2 to 365 days. Convexity - A measure of a bond's price sensitivity to changing interest rates. A high convexity indicates greater sensitivity of a bond's price to interest rate changes. Coupon Rate - The annual rate of interest received by an investor from the issuer of certain types of fixed-income securities. Also known as the "interest rate". Credit Quality - The measurement of the financial strength of a bond issuer. This measurement helps an investor to understand an issuer's ability to make timely interest payments and repay the loan principal upon maturity. Generally, the higher the credit quality of a bond issuer, the lower the interest rate paid by the issuer because the risk of default is lower. Credit quality ratings are • provided by nationally recognized rating agencies. Credit Risk - The risk to an investor that an issuer will default in the payment of interest and/or principal on a security. Current Yield (Current Return) - A yield calculation determined by dividing the annual interest received on a security by the current market price of that security. Delivery Versus Payment (DVP) - A type of securities transaction in which the purchaser pays for the securities when they are delivered either to the purchaser or his/her custodian. Derivative Security - Financial instrument created from, or whose value depends upon, one or more underlying assets or indexes of asset values. Discount - The amount by which the par value of a security exceeds the price paid for the security. Diversification - A process of investing assets among a range of security types by sector, maturity, and quality rating. • 17 • Appendix 1: Glossary(continued) Duration - A measure of the timing of the cash flows, such as the interest payments and the principal repayment, to be received from a given fixed-income security. This calculation is based on three variables: term to maturity, coupon.rate, and yield to maturity. The duration of a security is a useful indicator of its price volatility for given changes in interest rates. Fair Value - The amount at which an investment could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. Federal Funds (Fed Funds) - Funds placed in Federal Reserve banks by depository institutions in excess of current reserve requirements. These depository institutions may lend fed funds to each other overnight or on a longer basis. They may also transfer funds among each other on a same-day basis through the Federal Reserve banking system. Fed funds are considered to be immediately available funds. Federal Funds Rate-Interest rate charged by one institution lending federal funds to the other. Government Securities - An obligation of the U.S. government, backed by the full faith and credit of the government. These securities are regarded as the highest quality of investment. securities available in the U.S. securities market. See "Treasury Bills,Notes, and Bonds." Interest Rate- See "Coupon Rate". Interest Rate Risk - The risk associated with declines or rises in interest rates which cause an investment in a fixed-income security to increase or decrease in value. Internal Controls - An internal control structure designed to ensure that the assets of the entity are protected from loss, theft, or misuse. The internal control structure is designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that 1) the cost of a control should not exceed the benefits likely to be derived and 2) the valuation of costs and benefits requires estimates and judgments by management. Internal controls should address the following points: 1. Control of collusion - Collusion is a situation where two or more employees are working in conjunction to defraud their employers. 2. Separation of transaction authority from accounting and record keeping - By separating the person who authorizes or performs the transaction from the people who record or otherwise account for the transaction, a separation of duties is achieved. 3. Custodial safekeeping - Securities purchased from any bank or dealer including appropriate collateral (as defined by state law) shall be placed with an independent third party for custodial safekeeping. 18 Appendix 1: Glossary (continued) 4. Avoidance of physical delivery securities - Book-entry securities are much easier to transfer and account for since actual delivery of a document never takes place. Delivered securities must be properly safeguarded against loss or destruction. The potential for fraud and loss increases with physically delivered securities. 5. Clear delegation of authority to subordinate staff members - Subordinate staff members must have a clear understanding of their authority and responsibilities to avoid improper actions. Clear delegation of authority also preserves the internal control structure that is contingent on the various staff positions and their respective responsibilities. 6. Written confirmation of transactions for investments and wire transfers - Due to the potential for error and improprieties arising from telephone and electronic transactions, all transactions should be supported by written communications and approved by the appropriate person. Written communications may be via fax if on letterhead and if the safekeeping institution has a list of authorized signatures. 7. Development of a wire transfer agreement with the lead bank and third-party custodian - The designated official should ensure that an agreement will be entered into and will address the following points: controls, security provisions, and responsibilities of each party making and receiving wire transfers. Inverted Yield Curve - A chart formation that illustrates long-term securities having lower yields • than short-term securities. This configurations usually occurs during periods of high inflation coupled with low levels of confidence in the economy and a restrictive monetary policy. Investment Company Act of 1940 - Federal legislation which sets the standards by which investment companies, such as mutual funds, are regulated in the areas of advertising, promotion, performance reporting requirements, and securities valuations. Investment Policy - A concise and clear statement of the objectives and parameters formulated by an investor or investment manager for a portfolio of investment securities. Investment-grade Obligations - An investment instrument suitable for purchase by institutional investors under the prudent person rule. Investment-grade is restricted to those obligations rated BBB or higher by a rating agency. Liquidity - An asset that can be converted easily and quickly into cash. Local Government Investment Pool (LGIP) - An investment by local governments in which their money is pooled as a method for managing local funds. Mark-to-market The process whereby the book value or collateral value of a security is adjusted to reflect its current market value. • 19 Appendix 1: Glossary(continued) Market Risk - The risk that the value of a security will rise or.decline as a result of changes in market conditions. Market Value Current market price of a security. Maturity - The date on which payment of a financial obligation is due. The final stated maturity is the date on which the issuer must retire a bond and pay the face value to the bondholder. See "Weighted Average Maturity." Money Market Mutual Fund - Mutual funds that invest solely in money market instruments (short-term debt instruments, such as Treasury bills, commercial paper, bankers' acceptances, repos and federal funds). Mutual Fund - An investment company that pools money and can invest in a variety of securities, including fixed-income securities and money market instruments. Mutual funds are regulated by the Investment Company Act of 1940 and must abide by the following Securities and Exchange Commission (SEC) disclosure guidelines: 1. Report standardized performance calculations. 2. Disseminate timely and accurate information regarding the fund's holdings, performance, • management and general investment policy. 3. Have the fund's investment policies and activities supervised by a board of trustees, which are independent of the adviser, administrator or other vendor of the fund. 4. Maintain the daily liquidity of the fund's shares. 5. Value their portfolios on a daily basis. 6. Have all individuals who sell SEC-registered products licensed with a self-regulating organization (SRO) such as National Association of Securities Dealers (NASD). 7. Have an investment policy governed by a prospectus which is updated and filed by the SEC annually. Mutual Fund Statistical Services - Companies that track and rate mutual funds, e.g., IBC/Donoghue, Lipper Analytical Services, and Momignstar. National Association of Securities Dealers (NASD) - A self-regulatory organization (SRO) of brokers and dealers in the over-the-counter securities business. Its regulatory mandate includes authority over firms that distribute mutual fund shares as well as other securities. 20 Appendix 1: Glossary(continued) Net Asset Value - The market value of one share of an investment company, such as a mutual fund. This figure is calculated by totaling a fund's assets which includes securities, cash, and any accrued earnings, subtracting this from the fund's liabilities and dividing this total by the number of shares outstanding. This is calculated once a day based on the closing price for each security in the fund's portfolio. (See below.) [(Total assets) - (Liabilities)]/(Number of shares outstanding) No Load Fund -A mutual fund which does not levy a sales charge on the purchase of its shares. Nominal Yield - The stated rate of interest that a bond pays its current owner, based on par value of the security. It is also known as the"coupon," "coupon rate," or"interest rate." Offer - An indicated price at which market participants are willing to sell a security or commodity. Also referred to as the "Ask price." Par-Face value or principal value of a bond, typically $1,000 per bond. Positive Yield Curve - A chart formation that illustrates short-term securities having lower yields than long-term securities. • Premium- The amount by which the price paid for a security exceeds the security's par value. Prime Rate - A preferred interest rate charged by commercial banks to their most creditworthy customers. Many interest rates are keyed to this rate. Principal - The face value or par value of a debt instrument. Also may refer to the amount of capital invested in a given security. Prospectus - A legal document that must be provided to any prospective purchaser of a new securities offering registered with the SEC. This can include information on the issuer, the issuer's business, the proposed use of proceeds, the experience of the issuer's management, and certain certified financial statements. Prudent Person Rule - An investment standard outlining the fiduciary responsibilities of public funds investors relating to investment practices. Regular Way Delivery - Securities settlement that calls for delivery and payment on the third business day following the trade date (T+3); payment on a T+1 basis is currently under consideration. Mutual funds are settled on a same day basis; government securities are settled on the next business day. i 21 Appendix 1: Glossary(continued) Reinvestment Risk - The risk that a fixed-income investor will be unable to reinvest income proceeds from a security holding at the same rate of return currently generated by that holding. Repurchase Agreement (Repo or RP) - An agreement of one party to sell securities at a specified price to a second party and a simultaneous agreement of the first party'to repurchase the securities at a specified price or at a specified later date. Reverse Repurchase Agreement (Reverse Repo) - An agreement of one party to purchase securities at a specified price from a second party and a simultaneous agreement by the first party to resell the securities at a specified price to the second party on demand or at a specified date. Rule 2a-7 of the Investment Company Act - Applies to all money market mutual funds and mandates such funds to maintain certain standards, including a 13-month maturity limit and a 90- day average maturity on investments, to help maintain a constant net asset value of one dollar ($1.00). Safekeeping- Holding of assets (e.g., securities)by a financial institution. Serial Bond - A bond issue, usually of a municipality, with various maturity dates scheduled at • regular intervals until the entire issue is retired. Sinking Fund - Money accumulated on a regular basis in a separate custodial account that is used to redeem debt securities or preferred stock issues. Swap -Trading one asset for another. Term Bond - Bonds comprising a large part or all of a particular issue which come due in a single maturity. The issuer usually agrees to make periodic payments into a sinking fund for mandatory redemption of term bonds before maturity. Total Return - The sum of all investment income plus changes in the capital value of the portfolio. For mutual funds, return on an investment is composed of share price appreciation plus any realized dividends or capital gains. This is calculated by taking the following components during a certain period. (Price appreciation) + (Dividends paid) + (Capital gains) = Total Return Treasury Bills - Short-term U.S. government non-interest bearing debt securities with maturities of no longer than one year and issued in minimum denominations of$10,000. Auctions of three- and six-month bills are weekly, while auctions of one-year bills are monthly. The yields on these bills are monitored closely in the money markets for signs of interest rate trends. 22 Appendix 1: Glossary(continued) Treasury Notes - Intermediate U.S. government debt securities with maturities of one to ten years and issued in denominations ranging from$1,000 to $1,000,000 or more. Treasury Bonds Long-term U.S. government debt securities with maturities of ten years or longer and issued in minimum denominations of $1,000. Currently, the longest outstanding maturity for such securities is 30 years. Uniform Net Capital Rule- SEC Rule 15C3-1 outlining capital requirements for broker/dealers. Volatility- A degree of fluctuation in the price and valuation of securities. "Volatility Risk" Rating - A rating system to clearly indicate the level of volatility and other non-credit risks associated with securities and certain bond funds. The rating for bond funds range from those that have extremely low sensitivity to changing market conditions and offer the greatest stability of the returns ("aaa" by S&P; "V-1" by Fitch) to those that are highly sensitive. with currently identifiable market volatility risk("ccc-"by S&P, "V-10" by Fitch). Weighted Average Maturity (WAM) - The average maturity of all the securities that comprise a portfolio. According to SEC rule 2a-7, the WAM for SEC registered money market mutual • funds may not exceed 90 days and no one security may have a maturity that exceeds 397 days. When Issued (WI) A conditional transaction in which an authorized new security has not been issued. All "when issued" transactions are settled when the actual security is issued. Yield - The current'crate of return on an investment security generally expressed as a percentage of the security's current price. Yield-to-call (YTC) - The rate of return an investor earns from a bond assuming the bond is redeemed (called) prior to its nominal maturity date. Yield-to-maturity - The rate of return yielded by a debt security held to maturity when both interest payments and the investor's potential capital gain or loss are included in the calculation of return. Zero-coupon Securities - Security that is issued at a discount and makes no periodic interest payments. The rate of return consists of a gradual accretion of the principal of the security and is payable at par upon maturity. • 23 Appendix 2: Related Government Codes Government Code \ TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA \ DIVISION 4. FISCAL AFFAIRS \ PART 2. STATE FUNDS \ CHAPTER 2. SPECIAL FUNDS\Article 11. Local Agency Investment Fund GOV §16429.1 There is in the State Treasury the Local Agency Investment Fund, which fund is hereby created. Notwithstanding Section 13340, all money in the fund is hereby appropriated without regard to fiscal years to carry out the purpose of this section. The Controller shall maintain a separate account for each governmental unit having deposits in this fund. Notwithstanding any other provisions of law, a local governmental official, with the consent of the governing body of that agency, having money in its treasury not required for immediate needs, may remit the money to the Treasurer for deposit in the Local Agency Investment Fund for the purpose of investment. • 24 Appendix 2: Related Government Codes(continued) Government Code \ TITLE 5. LOCAL AGENCIES \ DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES \ PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES \ CHAPTER 4. FINANCIAL AFFAIRS \ Article - 2. Deposit of Funds GOV § 53601. The legislative body of a local agency having money in a sinking fund of, or surplus money in, its treasury not required for immediate needs of the local agency may invest any portion of the money that it deems wise or expedient in those investments set forth below. A local agency purchasing or obtaining any securities prescribed in this section, in a negotiable, bearer, registered or non-registered format shall require delivery of the securities to the local agency, including those purchased for the agency by financial advisors, consultants, or managers using the agency's fund, by book entry, physical delivery, or by third party custodial agreement. The transfer of securities to the counterparty bank's customer book entry account may be used for book entry delivery. For purposes of this section "counterparty" means the other party to the transaction. A counterparty bank's trust department or separate safekeeping department may be used for the physical delivery of the security if the security is held in the name of the local agency. Where this section does not specify the limitation on the term or remaining maturity at the time of the investment, no investment may be made in any security other than a security underlying a • repurchase or reverse repurchase agreement authorized by this section, that at the time of the investment has a term remaining to maturity in excess of five years, unless the legislative body has granted express authority to make that investment either specifically or as part of an investment program approved by the legislative body no less than three months prior to the investment: (a) Bonds issued by the local agency, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by the local agency or by a department,board, agency, or authority of the local agency. (b) United States Treasury notes, bonds, bills, or certificates of indebtedness, or those for which the faith and credit of the United States are pledged for the payment of principal and interest. ( c) Registered state warrants or treasury notes or bonds of this state, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by the state or by a department, board, agency, or authority of the state. (d) Bonds, notes, warrants, or other evidences of indebtedness of any local agency within this state, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by the local agency, or by a department, board, agency, or authority of the local agency. 25 • Appendix 2: Related Government Codes(continued) GOV§ 53601 (continued) (e) Obligations issued by banks for cooperatives, federal land banks, federal intermediate credit banks, federal home loan banks, the Federal Home Loan Bank Board, the Tennessee Valley Authority, or in obligations, participations or other instruments of, or issued by, or fully guaranteed as to principal and interest by, the Federal National Mortgage Association; or in guaranteed portions of Small Business Administration notes; or in obligations, participations, or other instruments of, or issued by, a federal agency or a United States government-sponsored enterprise. (f) Bills of exchange or time drafts drawn on and accepted by a commercial bank, otherwise known as bankers acceptances. Purchases of bankers acceptances may not exceed 270 days maturity or 40 percent of the agency's surplus money that may be invested pursuant to this section. However, no more than 30 percent of the agency's surplus funds may be invested in the bankers acceptances of any one commercial bank pursuant to this section. This subdivision does not preclude a municipal utility district from investing any surplus money in its treasury in any manner authorized by the Municipal Utility District Act (Division 6 (commencing with Section 11501) of the Public Utilities Code). • (g) Commercial paper of "prime" quality of the highest ranking or of the highest letter and numerical rating as provided for by Moody's Investors Service, Inc., or Standard and Poor's Corporation. Eligible paper is further limited to issuing corporations that are organized and operating within the United States and having total assets in excess of five hundred million dollars ($500,000,000) and having an "A" or higher rating for the issuer's debt, other than commercial paper, if any, as provided for by Moody's Investors Service, Inc., or Standard and Poor's Corporation. Purchases of eligible commercial paper may not exceed 180 days maturity nor represent more than 10 percent of the outstanding paper of an issuing corporation. Purchases of commercial paper may not exceed 15 percent of the agency's surplus money that may be invested pursuant to this section. An additional 15 percent, or a total of 30 percent of the agency's surplus money may be invested pursuant to this subdivision. The additional 15 percent may be so invested only if the dollar-weighted average maturity of the entire amount does not exceed 31 days. "Dollar-weighted average maturity" means the sum of the amount of each outstanding commercial paper investment multiplied by the number of days to maturity, divided by the total amount of outstanding commercial paper. 26 Appendix 2: Related Government Codes(continued) GOV§ 53601 (continued) (h) Negotiable certificates of deposit issued by a nationally or state-chartered bank or a state or federal association (as defined by Section 5102 of the Financial Code) or by a state-licensed branch of a foreign bank. Purchases of negotiable certificates of deposit may not exceed 30 percent of the agency's surplus money which may be invested pursuant to this section. For purposes of this section, negotiable certificates of deposit do not come within Article 2 (commencing with Section 53630) except that the amount so invested shall be subject to the limitations of Section 53638. (i)(1) Investments in repurchase agreements or reverse repurchase agreements of any securities authorized by this section, as long as the agreements are subject to this subdivision, including the delivery requirements specified in this section. (2) Investments in repurchase agreements may be made, on any investment authorized in this section, when the term of the agreement does not exceed one year. The market value of securities that underlay a repurchased agreement shall be valued at 102 percent or greater of the funds borrowed against those securities and the value shall be adjusted no less than quarterly. (3) Reverse repurchase agreements may be utilized only when either of the following conditions are met: (A) The security was owned or specifically committed to purchase, by the local agency, prior to December 31, 1994, and was sold using a reverse repurchase agreement on December 31, 1994. (B) The security to be sold on reverse repurchase agreement has been owned and fully paid for by the local agency for a minimum of 30 days prior to sale; the total of all reverse repurchase agreements on investments owned by the local agency not purchased or committed to purchase, prior to December 31, 1994, does not exceed 20 percent of the base value of the portfolio; and the agreement does not exceed a term of 92 days, unless the agreement includes a written codicil guaranteeing a minimum earning or spread for the entire period between the sale of a security using a reverse repurchase agreement and the final maturity date of the same security. 27 Appendix 2: Related Government Codes(continued) GOV§ 53601 (continued) (i) Repurchase Agreements (continued) (4) After December 31, 1994, a reverse repurchase agreement may not be entered into with securities not sold on a reverse repurchase agreement and purchased, or committed to purchase, prior to that date, as a means of financing or paying for the security sold on a reverse repurchase agreement, but may only be entered into with securities owned and previously paid for, for a minimum of 30 days prior to the settlement of the reverse repurchase agreement, in order to supplement the yield on securities owned and previously paid for or to provide funds for the immediate payment of a local agency obligation. Funds obtained or funds within the pool of an equivalent amount to that obtained from selling a security to a counterpary by way of a reverse repurchase agreement, on securities originally purchased subsequent to December 31, 1994, shall not be used to purchase another security with a maturity longer than 92 days from the initial settlement date of the reverse repurchase agreement, unless the reverse repurchase agreement includes a written codicil guaranteeing a minimum earning or spread for the entire period between the sale of a security using a reverse repurchase agreement and the final maturity date of the same security. Reverse repurchase agreements specified in subparagraph (B) of paragraph (3) may not be entered into unless the percentage restrictions specified in that subparagraph are met, including the total of any reverse repurchase agreements specified in subparagraph (A) of paragraph (3). • (5) Investments in reverse repurchase agreements or similar investments in which the local agency sells securities prior to purchase with a simultaneous agreement to repurchase the security, may only be made upon prior approval of the governing body of the local agency and shall only be made with primary dealers of the Federal Reserve Bank of New York. (6) (A) " Repurchase agreement" means a purchase of securities by the local agency pursuant to an agreement by which the counterparty seller will repurchase the securities on or before a specified date and for a specified amount and the counterparty will deliver the underlying securities to the local agency by book entry, physical delivery, or by third party custodial agreement. The transfer of underlying securities to the counterparty bank's customer book-entry account may be used for book-entry delivery. (B) "Securities," for purpose of repurchase under this subdivision, means securities of the same issuer, description, issue date, and maturity. (C) "Reverse repurchase agreement" means a sale of securities by the local agency pursuant to an agreement by which the local agency will repurchase the securities on or before a specified date, and includes other comparable agreements. • 28 Appendix 2: Related Government Codes(continued) GOV§ 53601 (continued) (i) Repurchase Agreements (continued) (D) For purpose of this section,-the base value of the local agency's pool portfolio shall be that dollar amount obtained by totaling all cash balances place in the pool by all pool participants, excluding any amounts obtained through selling securities by way of reverse repurchase agreements or other similar borrowing methods. (E) For purposes of this section, the spread is the difference between the cost of funds obtained using the reverse repurchase agreement and the earnings obtained on the reinvestment of the funds. (j) Medium-term notes of a maximum of five years maturity issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States. Notes eligible for investment under this subdivision shall be rated in a rating category of "A" or its equivalent or better by a nationally recognized rating service. Purchases of medium-term notes may not exceed 30 percent of the agency's surplus money which may be invested pursuant to this section. (k)(1) Shares of beneficial interest issued by diversified management companies that invest in the • securities and obligations as authorized by subdivisions (a) to 0), inclusive, or subdivision (m) or (n) and that comply with the investment restrictions of this article and Article 2 (commencing with Section 53630). However, notwithstanding these restrictions, a counterparty to a reverse repurchase agreement is not required to be a primary dealer of the Federal Reserve Bank of New York if the company's board of directors finds that the counterparty presents a minimal risk of default, and the value of the securities underlying a repurchase agreement may be 100 percent of the sales price if the securities are marked to market daily. (2) Shares of beneficial interest issued by diversified management companies that are money market funds registered with the Securities and Exchange Commission under the Investment Company Act of 1940 (15 U.S.C. Sec. 80a-1 et seq.). (3) If investment is in shares issued pursuant to paragraph (1), the company shall have met either of the following criteria: (A) Attained the highest ranking or the highest letter and numerical rating provided by not less than two nationally recognized statistical rating organizations. (B) Retained an investment adviser registered or exempt from registration with the Securities and Exchange Commission with not less than five years' experience investing in the securities and obligations authorized by subdivisions (a) to 0), inclusive, or subdivision • (m) or (n) and with assets under management in excess of five hundred million dollars ($500,000,000). 29 Appendix 2: Related Government Codes(continued) GOV§ 53601 (continued) (k) Shares of beneficial interest (continued) (4) If investment is in shares issued pursuant to paragraph(2), the company shall have met either of the following criteria: (A) Attained the highest ranking or the highest letter and numerical rating provided by not less than two nationally recognized statistical rating organizations. (B) Retained an investment adviser registered or exempt from registration with the Securities and Exchange Commission with not less than five years' experience managing money market mutual funds with assets under management in excess of five hundred million dollars ($500,000,000). (5) The purchase price of shares of beneficial interest purchased pursuant to this subdivision shall not include any commission that the companies may charge and shall not exceed 20 percent of the agency's surplus money that may be invested pursuant to this section. However, no more than 10 percent of the agency's surplus funds may be invested in shares of beneficial interest of any one mutual fund pursuant to paragraph (1). • (1) Notwithstanding anything to the contrary contained in this section, Section 53635, or any other provision of law, moneys held by trustee or fiscal agent and pledged to the payment or security of bonds or other indebtedness, or obligations under a lease, installment sale, or other agreement of a local agency , or certificates of participation in those bonds, indebtedness, or lease installment sale, or other agreements, may be invested in accordance with the statutory provisions governing the issuance of those bonds, indebtedness or lease installment sale, or other agreement, or to the extent not inconsistent therewith or if there are no specific statutory provisions, in accordance with the ordinance, resolution, indenture, or agreement of the local agency providing for the issuance. (m) Notes, bonds, or other obligations that are at all times secured by a valid first priority security interest in securities of the types listed by Section 53651 as eligible securities for the purpose of securing local agency deposits having a market value at least equal to that required by Section 53652 for the purpose of securing local agency deposits. The securities serving as collateral shall be placed by delivery or book entry into the custody of a trust company or the trust department of a bank which is not affiliated with the issuer of the secured obligation, and the security interest shall be perfected in accordance with the requirements of the Uniform Commercial Code or federal regulations applicable to the types of securities in which the security interest is granted. • 30 Appendix 2: Related Government Codes(continued) GOV§53601 (continued) (n) Any mortgage pass-through security,collateralized mortgage obligation, mortgage-backed or other pay-through bond, equipment lease-backed certificate, consumer receivable pass- through certificate, or consumer receivable-backed bond of a maximum of five years maturity. Securities eligible for investment under this subdivision shall be issued by an issuer having an "A" or higher rating for the issuer's debt as provided by a nationally recognized rating service and rated in a rating category.of "AA' or its equivalent or better by a nationally recognized rating service. Purchase of securities authorized by this subdivision may not exceed 20 percent of the agency's surplus money that may be invested pursuant to this section. [As affected by 1996 legislation] • 31 Appendix 2: Related Government Codes(continued) Government Code \ TITLE 5. LOCAL AGENCIES \ DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES \ PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES \ CHAPTER 4. FINANCIAL AFFAIRS \ Article 2. Deposit of Funds GOV § 53631.5. (a) A local agency shall not invest any funds pursuant to this article in inverse floaters, range notes, or interest-only strips that are derived from a pool of mortgages. (b) A local agency shall not invest any funds pursuant to this article in any security that could result in zero interest accrual if held to maturity. However, a local agency may hold prohibited instruments until their maturity dates. The limitation in this subdivision shall not apply to local agency investments in shares of beneficial interest issued by diversified management companies registered under the Investment Company Act of 1940 (15 U.S. SEC. 80a-1, and following) that are authorized for investment pursuant to subdivision (k) of Section 53601.[As affected by 1995 legislation] • 32