TITLE
Recommendation to authorize City Manager, or designee, to process a refund totaling $50,675 to 525 Broadway, LLC, for a project located at 525 Broadway Avenue. (District 1)
DISCUSSION
In accordance with the City’s Master Fees and Charges Schedule, applicants pay fees to the Development Services Fund Group and place funds on deposit to pay for services and reimburse costs related to the preparation of environmental impact reports consistent with the requirements of the California Environmental Quality Act. In the event services are not provided, or the deposit exceeds the actual expenses and surcharges, a refund is processed. In this case, the applicant’s initial deposit has exceeded expenses by $50,675, and 525 Broadway LLC, is entitled to a refund. The project was approved by the Planning Commission on August 5, 2021 therefore no further costs are expected, and the timing is appropriate to process the refund.
Long Beach Municipal Code Section 3.48.040 requires refunds exceeding $10,000 be approved by the City Attorney and City Council therefore, approval to issue the refund is requested on behalf of the applicant.
This matter was reviewed by Assistant City Attorney Dawn A. McIntosh on July 11, 2022 and by Revenue Management Officer Geraldine Alejo on July 27, 2022.
TIMING CONSIDERATIONS
City Council action is requested on August 23, 2022, to expedite processing and issuance of the refund.
FISCAL IMPACT
The approval of this recommendation will result in a refund totaling $50,675 from the Development Services Fund Group in the Development Services Department. This recommendation has no staffing impacts beyond the normal budgeted scope of duties and is consistent with existing City Council priorities. There is no local job impact associated with this recommendation.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
CHRISTOPHER KOONTZ
ACTING DIRECTOR OF DEVELOPMENT SERVICES
APPROVED:
THOMAS B. MODICA
CITY MANAGER