Ordinance 2003-1436 - Laserfiche WebLink

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ORDINANCE NO. 1436 SERIES 2003 AN ORDINANCE REPEALING AND REENACTING CHAPTER 3.18 OF THE LOUISVILLE MUNICIPAL CODE TO ESTABLISH DEVELOPMENT IMPACT FEES FOR MUNICIPAL CAPITAL FACILITIES, POLICE CAPITAL FACILITIES, AND TRANSPORTATION CAPITAL FACILITIES. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: that: Section 1. Legislative Findings: The City Council of the City of Louisville, Colorado finds - New Development Placing Demand on City's Municipal Capital Facilities, Police Capital Facilities, and Transportation Capital Facilities. New development in the City is placing and is projected to place an increased demand upon the City's Municipal Capital Facilities, Police Capital Facilities, and Transportation Capital Facilities. Need for Expansion of these Capital Facilities to Protect Health, Safety and Welfare. 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. Revenue Shortfall. The tax and other revenues generated from new development does not generate sufficient funds to provide the necessary City Municipal Capital Facilities, Police Capital Facilities, or Transportation Capital Facilities to accommodate and serve new development. Impact Fees Preferred Method. 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 Facility expenditures to serve new development. Impact Fee Study to Support Impact Fees. In order to implement an equitable Impact Fee system, the City has prepared Impact Fees: City of Louisville, Colorado (hereinafter "Impact Fee Study"), dated September 3, 2003. Based on reasonable methodologies and analyses for determining the impacts of new development on the City's Municipal Capital Facilities, Police Capital Facilities, and Transportation 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. Standards Assumptions and LOS Standards in Impact Fee Study adopted as City Standards. 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