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HomeMy WebLinkAboutStaff ReportsJ STAFF REPORT Item: Review and consideration of the mandatory 3 year update to Impact Fee 92-01. Presented By: Ted Mayo, Assistant City Engineer-Development Services Item Summary: Impact Fee 92-01 was implemented in 1992 to fund regional sanitary sewer infrastructure for new development expected to occur in the area bounded by Rock Prairie Road on the north, Welborn Road on the west, Graham Road on the south and extending approximately 2000' east of Schaffer Road. An update was performed in 1996 with the original impact fee increasing from $152.18 per living unit equivalent to $ 289.77 per living unit equivalent. This update results in a decrease to $232.04 per living unit equivalent. The Planning and Zoning Commission is the designated Advisory Committee (Ordinance Chapter 15) for review, advisement, and monitoring of proposed and existing impact fees. More specifically, the advisory committee is established to: 1. Advise and assist the City in adopting Land Use Assumptions. 2. Review the Capital Improvements Plan and file written comments. 3. Monitor and evaluate implementation of the Capital Improvements Plan. 4. File semiannual reports with respect to the progress of the Capital Improvements Plan. 5. Advise the City Council of the need to update or revise the Land Use Assumptions, Capital Improvements Plan, and Impact Fees. Staff Recommendations: Staff recommends acceptance of the 92-01 Impact Fee Update Report as submitted . Commission Action Options: The Commission, as the Advisory Committee, can accept the proposed changes in land use assumptions and capital improvements plan and approve the report as submitted or direct changes and have the staff revise the report incorporating said changes with resubmittal for consideration at a future meeting. Once the report is acceptable to the Commission a recommendation should be forwarded to the City Council for consideration. Supporting Materials: 1.Impact Fee Report-2000 Update :`~ ~~~ ~~~.~ C ~~~ rn~ Cora (,c~, (~,~-~-~ ~X ~~ ~~ p ~.IZ ~ ~ ~~ ~U~~~C~ qy 3~ ~~~~ ~ <<o~~~ ., _ rvw~