Laserfiche WebLink
<br />Contract Award to Prepare the <br />Santa Ana Renaissance Specific Plan <br />February 6, 2006 <br />Page 3 <br /> <br />FISCAL IMPACT <br /> <br />Several recently approved development agreements, including the agreement <br />for City Place, included a provision for the developer to pay an in-lieu <br />fee to fund the planning and construction of housing that will meet the <br />City's obligation to provide a range of housing that satisfies the <br />Regional Housing Needs Assessment (RHNA). Use of these funds for long- <br />range planning efforts, such as the Santa Ana Renaissance Specific Plan <br />is an eligible expenditure. <br /> <br />The recommended appropriation adjustment would recognize $424,000 in the <br />2005-2006 FY revenue account for Inclusionary Housing Fees for City Place <br />(account no. 011-01-5400-1) and would appropriate a like amount to the <br />Planning and Building Agency 2005-2006 FY budget allocation in the <br />account for contractual services (account no. 11-505-6291) to provide the <br />majority of funding for this contract. In addition, $100,000 is available <br />in 2004-05 FY CDBG Funds in the account for Planning General Plan <br />Amendments (account no. 135-149-6291/Proj. No. 05-7803jW.O. No. 80304). <br />The required balance of $4,000 is available in the 2005-06 FY Planning <br />and Building budget allocation in the account for other contractual <br />services (account no. 11-505-6291). Funding for this contract is <br />summarized below: <br /> <br />City Place Inclusionary Housing Fees <br />CDBG Funds (Project No. 05-7803) <br />Planning & Building 2005-06 FY Allocation <br /> <br />011-01-5400-1 <br />135-149-6291-80304 <br />11-505-6291 <br /> <br />$424,000 <br />$100,000 <br />$ 4,000 <br /> <br />$528,000 <br /> <br />TOTAL: <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />~vino <br />cutive Director <br />Planning & Building Agency <br /> <br /> <br />~COM- <br /> <br />Patricia C. Whitaker <br />Executive Director <br />Community Development Agency <br /> <br />LL:rb <br />ll\reports\contract award SARSP 2-6-06 <br /> <br />~~~t'~ N,) ')\. -=\..',3 <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services AgenC~~~ <br /> <br />25K-3 <br />