Legislation Details

File #: 24-1271    Version: 1
Status: Current Business
File created: 9/24/2024 In control: City Council
On agenda: 10/8/2024 Final action:
Title: Resolution No. 2024-75: Establishing the Fair Market Value Per Acre for Assessing In Lieu Park Dedication Fees
Attachments: 1. Staff Report, 2. Attachment A - Resolution No. 2024-75 (with phasing), 3. Attachment B - Eastbluff Park Appraisal Report, 4. Attachment C - Bob Henry Park Appraisal Report, 5. Attachment D - Hypothetical Property in West Newport Appraisal Report, 6. Attachment E - Hypothetical Property in Airport Area Appraisal Report, 7. On the Agenda, 8. Written Comments

Title

Resolution No. 2024-75: Establishing the Fair Market Value Per Acre for Assessing In Lieu Park Dedication Fees

Recommendation

a)                     Find the adoption of this resolution is not subject to the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment); and

b)                     Adopt Resolution No. 2024-75, A Resolution of the City Council of the City of Newport Beach, California, Establishing the Fair Market Value Per Acre to be Used in Assessing In Lieu Park Dedication Fees Pursuant to Section 19.52.070 (Fee In Lieu of Dedication) of the Newport Beach Municipal Code and Rescinding Resolution No. 2020-95.