Ordinance 2017-1737 - Laserfiche WebLink

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G The protection of the health, safety, and general welfare of the citizens of the City requires that these Capital Facilities be expanded to accommodate and serve this continuing growth within the City from new development; H. The tax and other revenues generated from new development does not generate sufficient funds to provide the necessary Transportation Capital Facilities, Library Capital Facilities, and Parks and Trails Capital Facilities to accommodate and serve new development, I The adoption of an equitable Impact Fee system consistent with the requirements of applicable law is one of the preferred methods of the City for regulating land development to ensure new development pays a proportionate and fair share of the costs of the needed Capital Facilities, allowing the City to make the necessary Capital Facilities expenditures to serve new development, J Based on reasonable methodologies and analyses for determining the impacts of new development on the City's Transportation Capital Facilities, Library Capital Facilities, and Parks and Trails Capital Facilities, the Impact Fee Study quantifies the reasonable impacts of new development on these Capital Facilities, and establishes an Impact Fee no greater than is necessary to defray the projected impacts on these Capital Facilities directly related to proposed new development; K The City hereby establishes as City standards the assumptions and Level of Service (LOS) standards referenced in the Impact Fee Study as part of its current plans for future expansions to the City's Transportation Capital Facilities, Library Capital Facilities, and Parks and Trails Capital Facilities, and the Impact Fee system codified in Chapter 3 18 of the Code; L The Impact Fees imposed on new development pursuant to this Ordinance and Chapter 3 18 of the Code are based on the Impact Fee Study and assumptions and LOS standards referenced in the Impact Fee Study. The Impact Fees are no greater than necessary to defray the projected impacts directly related to proposed new development; M. This Ordinance and Chapter 3.18 of the Code create a system under which Impact Fees shall not be used to remedy any existing deficiency in Capital Facilities, N. This Ordinance and Chapter 3 18 of the Code create a system under which Impact Fees paid by new development will be used to finance or defray all or a portion of the costs incurred by the City to construct City Transportation Capital Facilities, Library Capital Facilities, and Parks and Trails Capital Facilities to serve new development in ways that benefit the development that paid each Fee within a reasonable period of time after the Fee is paid; and Ordinance No 1737, Series 2017 Page 2 of 10