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Report to City Council Regarding Satisfaction of Development Impact Fees Agreement with John Reichel <br />March 6, 2001 <br />Page 5 of 5 <br />R edevelopment Director <br />Al Holliman, Oinance Director <br />Legal Review <br />The staff report, findings and Resolutions have been reviewed and approved by the City Attorney. <br />Environmental Impact <br />The Agreement itself is not a project. The developments that are subject to the agreement must <br />submit all development permit application and comply with CEQA on an individual basis. <br />Ad Hoc Committee Recommendation <br />On February 26, 2001 the Ad Hoc Committee reviewed the attached agreement and recommended <br />that it be forwarded to the City Council for approval. <br />Recommendation <br />Approve Satisfaction of Development Impact Fees Agreement by and between the City of Colton <br />and John Reichel (dba Sunwest Enterprises). <br />Exhibits <br />Exhibit A <br />Sales Tax Forecasts from 12.8 -acre commercial development <br />Exhibit B <br />Staff Findings and Recommendations Binder (previously distributed) <br />Exhibit C <br />Street Improvements to be Completed by Developer <br />Exhibit D <br />Summary of Fee Credit Recommendations <br />Exhibit E <br />Application of Fee Credits/Waivers for Various Sites <br />Exhibit F <br />Agreement for Satisfaction of Development Impact Fees <br />Report Prepared by Robb R Steel, Redevelopment Director <br />