1. Impact Fee Update
City Council
November 14, 2013

2. Update Process
September 19th Planning and Zoning Commission
• Review 5-YR Update Report (92-01, 97-01, 97-02B, 99-01, 03-02):
–
–
Advisory Committee recommended acceptance of report and update
Requested Council Consider setting a Public Hearing
September 26th City Council
• 5-YR Update Report (92-01, 97-01, 97-02B, 99-01, 03-02):
–
Resolution passed setting a Public Hearing
November 14th City Council
• Review 5-YR Update Report (92-01, 97-01, 97-02B, 99-01, 03-02):
–
–
Conduct Public Hearing
Amend Ordinance to adopt updated fees

3. 5 Existing Impact Fee Areas
Water
• 99-01 Harley
Sewer
•
•
•
•
92-01 Graham Road
97-01 Spring Creek
97-02B Alum Creek
03-02 Steeplechase

5. Land Use Assumptions
Effective
Build-out
LUE
Anticipated
Build-out
LUE
LUE
Adjustment
92-01 Graham
1,551
1,710
+ 159
97-01 Spring
Creek
4,425
8,565
+ 4,140
97-02B Alum
Creek
3,232
2,656
-576
99-01 Harley
450
396
-54
03-02
Steeplechase
2,838
7,051
+ 4,213
Impact Fee
Area
Living Unit Equivalent (LUE)

6. 97-01 Spring Creek Sewerline

8. 03-02 Steeplechase Sewerline

10. Fee Summary
92-01
Graham
Road
97-01
Spring
Creek
97-02B
Alum
Creek
99-01
Harley
03-02
Steeplechase
Current Fee*
$316.07
$98.39
$59.42
$769.91
$357.74
Proposed Fee*
$339.63
$144.01
$44.71
$996.03
$144.87
CIP Construction
and Study Cost
$486,396
$1,473,745
Total Fees
Collected to Date
$323,502
$582,099
$22,306
$64,741
$135,436
Future Revenue
Expected from
Proposed Fee
$43,473
$844,043
$103,638 $279,884
$938,033
*
Per Living Unit Equivalent (LUE)
$224,400 $379,516
$1,147,759

11. Recommendations
 Amend Ordinance to adopt updated Land Use
Assumptions, Capital Improvements Plan and
resulting revised Impact Fees.

12. Questions