Title
RESOLUTION of the City of San Leandro City Council to Amend Title 12, Chapter 5, Section 12.5.115 of the City of San Leandro Administrative Code to Clarify When and How Capacity Fees May Change
Body
WHEREAS, the City Council may need to change the date that Capacity Fees are adjusted; and
WHEREAS, the ENR-20 City Index published by Engineering News-Record is a more accurate representation of growth of facility value; and
WHEREAS, the City Council may need to adjust Capacity Fees by other than the Index amount; and
WHEREAS, City Staff may need to forgo adjusting fees after one year of service.
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
1. Title 12, Chapter 5, Section 12.5.115 of the City of San Leandro Administrative Code is hereby amended according to Exhibit A, attached hereto and made a part of this resolution; and
2. The City Council declares that the aforementioned amendment to Title 12, Chapter 5, Section 12.5.115 of the San Leandro Administrative Code shall take effect immediately.