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financed, describes the estimated cost of these facilities, and describes the reasonable relationship between the use of the fee, the need for the fee and the types of development proj ects on which the fee is imposed and setting forth time for payment; and WHEREAS, staff has prepared a report dated May 24, 2005, which is attached as Exhibit A (hereafter the "Report"); and WHEREAS, the Report demonstrates the appropriateness of revising the Park Impact Fee based on current estimates of the cost of City park facilities needed to accommodate new development, subject in part to the Quimby Act,; and WHEREAS, in accordance with Government Code Section 66016, at least 14 days prior to the public hearing at which this Resolution was adopted, notice of the time and place of the hearing was mailed to eligible interested parties who filed written requests with the City for mailed notice of meetings on new or increased fees or service charges; and WHEREAS, in accordance with Government Code Section 66016, the Report was available for public review and comment for ten days prior to the public hearing at which this Resolution was adopted; and WHEREAS, 10 days advance notice of the public hearing at which this Resolution was adopted was given by publication in accordance with Section 6062a of the Government Code; and FINDINGS WHEREAS, the City Council finds as follows: A. The purpose of the Park Impact Fee set forth in this Resolution is to finance park facilities to reduce the impacts caused by future development in the City. B. The Park Impact Fee collected pursuant to this Resolution shall be used to finance park facilities to assure that future development does not result in a reduction in current levels of park facilities service. C. After considering the Report, the testimony received at this noticed public hearing, the agenda statements, the General Plan, and all correspondence received (together, "Record"), the City Council approves and adopts the Report and incorporates such report herein and further finds that further development in the City will generate the need for park facilities and that such park facilities are consistent with the General Plan. D. Revision of the Park Impact Fee set forth in this Resolution as it relates to development within the City is intended to obtain funds for capital projects necessary to maintain service within existing City service areas. The City currently provides neighborhood and community park facilities, and the Park Impact Fee revised in this Resolution will be used to maintain current service levels as reflected in the Report. As such, such fee as it relates to development within the RESOLUTION NO. 2005-069 ~