Reso 2000-259 - Laserfiche WebLink

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As part of calculating the revenue mechanism, the City may include the construction contract price; the cost of acquiring land, improvements, materials and fixtures; the cost for planning, surveying, and engineering fees for services provided for and directly related to the construction system improvement, and debt service charges. C. Evaluate Development Policy Implications of Different Allocation Methodologies. As part of the interaction with the City, we will simultaneously consider different possible allocation methodologies in terms of dollars being utilized for replacement costs, versus capital costs being used for expansion of capacity as well as allocation of those costs to different types of land uses. We will calculate the level of service and allocate the future demands to new and existing needs, with the assistance of City staff. Work Product: Capital Improvement Needs Accommodating New Growth TASK 4. Evaluate Credits Once the costs attributable to new development are ascertained, there is a need to deduct appropriate credits in order to obtain the net impact fees. This task will include a review of existing fees and contributions. Once the exactions, deductions and double payment evaluations are complete, the next task will be pursued. Work Product: See Impact Fee Report Below TASK 5. Complete Impact Fee Methodology and Calculations The completion of this and the above tasks will enable the methodology to be appropriately and equitably determined and finalized. As part of the analysis, collection and expenditure zones will be discussed pertaining to the rational nexus requirements. (The City will subsequently decide what percentage ofthe impact fee it wants to charge.) Work Product: See Impact Fee Report Below TASK 6. Preparation of Impact Fee Report We will prepare a draft report which summarizes the need for the impact fees for the appropriate public facility category and which provides the relevant methodology for determining the fee amount. The report will include at a minimum the following information: · Executive Summary · A detailed description of the methodologies used during the study · A detailed description of all formulas used and accompanying rationale · A detailed schedule of all proposed fees listed by land use type and activity · Summary of capital improvement needs generated by the new development Page 8 of9 Impact Fee Study - Tischler & Associates.agr