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CC Resolution 8768 RESOLUTION NO. 8768 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL ACCEPTING THE ANNUAL STATUS REPORT ON DEVELOPERS FUNDS PER AB-1600 WHEREAS, Government Code ~66001(d), effective January 1, 1989, requires the City to make findings once each fiscal year with respect to any portion of a fee remaining unexpended or uncommitted in its account five or more years after deposit of the fee, and to identify the purpose to which the fee is to be put and to demonstrate a reasonable relationship between the fee and the purpose for which it was charged; and WHEREAS, staff has reviewed the development fees collected between January 1, 1989 and June 30, 1989 to determine if any such development fees remain unexpended or uncommitted; and WHEREAS, staff has found that no development impact fees for this period remain unexpended or uncommitted; and WHEREAS, staff has found that no other revenue generated by excess development impact fees for this period remain unexpended or uncommitted; NOTE, THEREFORE, BE IT RESOLVED, by the City Council of the City of Campbell that Council review, accept and file the Annual Status Report on Developers' Funds per AB- 1600. AYES: Council members Dougherty, Conant, Burr NOES: Council members None ABSENT: Council members Watson, Wilkinson APPROVED: ~~~t~ onald R. Burr, Mayor ATTEST: ~~ Anne Bybee, City Clerk