City Council Minutes 1992 12 01 - Laserfiche WebLink

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Seconded by Sisk. Ail in favor. ORDINANCE NO. 1091, SERIES 1992 -AMENDING SERVICE EXPANSION FEES - 2ND READING - PUBLIC HEARING (PUBL. LSVL. TIMES 11/18/92) Griffiths read by title only Ordinance No. 1091, Series 1992, "An ordinance concerning the capital improvement fee of the City of Louisville, Colorado." Mayer stated that this is the second reading concerning the Capital Improvements Fee and he requested that Council continue this item until a later date. He stated that Councilman Howard and Mayor Davidson had some questions about the fee and he wanted a better consensus on this from Council, although Mayer felt it was justified. He asked Annette Brand, City Administrator, to inform Council as to when she felt staff could provide additional materials. Brand suggested the last meeting in February, because quite a bit of additional research needed to be done. She stated that if Council wanted to stay with it as it is now, they would need time to put together a report. Mayer stated that since the increase is more modest than with the water tap fees, the effect on the City Treasury is less dramatic in this case, which affords an opportunity to take more time. Davidson opened the Public Hearing and asked if anyone in the audience wished to speak in favor or against Ordinance No. 1091, Series 1992. Steve Wilson, Homebuilder's Association of Metropolitan Denver, 1400 South Emerson, Denver, CO, placed before Council a book called "Development Impact Fees", which is published by the American Planning Association and suggested that the City purchase one for their own staff. He stated that between the last meeting and tonight's action Council was going to be adding a couple thousand dollars to the hard costs of a house that is constructed in this community. He stated that that will be even more with Real Estate fees and the final cost to the consumer will be about triple that by the time the loan is paid off. He read from a publication from the National Association of Homebuilders on impact fees. He stated that there are some serious questions that could be raised concerning the justification and the methodology that has been developed to support the existing fees of Louisville, as well as any proposed increases. Sisk: Who pays the dues to provide the funding necessary for the Homebuilder's Association or is it a benevolent society?