Resolution 2025-64 - Laserfiche WebLink

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chapter, which includes a library oapital facilities account, trancportatio„ capital facilities -account, andamend trail() facilities account. an account for each of the categories of capital facilities in Sec. 3.18.030 C. The impact fee trust fund is also called the trust fund. M. Fee schedule or impact fee schedule. The impact fees for Iibrar„ capital facilitioo, tranoportation capital facilities, and parks and trails capital facilities capital facilities definedin Sec. 3.18.030 C. established by this chapter. The impact fee schedule is set forth in Appendix A to this chapter and is incorporated herein by reference. N. Impact fee study. The study entitled City of Louisville, Colorado Development Impact Fee Study, prepared by TischlerBise dated April 18, 2017 until a new study is completed. Thereafter, Impact fee study shall be defined as the most recent impact fee study beginning with the 2026 study to be entitled City of Louisville, Colorado Development Impact Fee Study, and to be completed by June 1, 2026. O. Independent fee calculation study. A study prepared by a fee payer, calculating the cost of Iibrar„ capital facilities, transportation capital facilitics, and parks and trails capital facilities capital facilities in Sec. 3.18.030 C. required to serve the fee payer's proposed development, that is performed on an average cost (not marginal cost) methodology, uses the level of service standards, service units and unit construction costs stated in the most recent impact fee study, and is performed in compliance with any criteria for such studies established by this chapter. P. Level of service (LOS). A measure of the relationship between service capacity and service demand for capital facilities {in this chapter library oapital facilities, . defined in Sec. 3.18.030 C. Z. Impact Fee Liaison Committee. The committee to be formed every 5 years beginning January 1, 2026 pursuant to Sec. 3.18.100 to advise city staff and consultants during the development of a new development impact fee study. Sec. 3.18.040. - Development impact fees to be imposed. C. Calculation of amount of impact fees. 1. General. Except for those electing to pay impact fees pursuant to section 3.18.040.C.2, Independent fee calculation study, the impact fees applicable to the Resolution No. 64, Series 2025 Page 5 of 10