Reso 2001-343 - Laserfiche WebLink

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((;tE~~ \:\,;~:;A~~T F :~[S An incremental expansion cost method is best suited for public facilities that will be expanded in regular increments, with standards based on current conditions in the community. Impact fees for police and municipal facilities include an incremental expansion component for vehicles and equipment. This method documents the current LOS in both quantitative and qualitative measures. A third method, known as the buy-in approach, has not been used to derive impact fees for the City of Sunny Isles Beach. The rationale for the buy-in approach is that new development should pay for its share of the useful life and remaining capacity of existing facilities that were oversized for future growth. Figure 2 summarizes the methods used to derive the impact fee for each type of public facility. Also shown is a rank-ordered list of capital items according to their relative contribution to each type of public facility. For example, the impact fee for police is based on two cost components. The major capital cost is a plan-based component for the new police headquarters, followed by the cost of rolling stock, such as patrol cars. Figure 2 _ Impact Fee Methods and Cost Components Citywide Parks 3) Rolling Stock 1} Park Improvements Not applicable in & Recreation 2} Beach Access & Sunny Isles Beach Improvements police Facilities 2} Rolling Stock 1} Headquarters Not applicable in Sunny Isles Beach Municipal Facilities Not applicable in 1} City Hall Not applicable in Sunny Isles Beach 2} Rolling Stock Sunny Isles Beach Another general requirement that is common to impact fee methodologies is the evaluation of credits. There are several types of credits that have been considered. First, a future revenue credit has been evaluated to avoid potential double payment for capital facilities through on-going revenues that may fund system improvements. For example, this type of potential double payment may occur if facilities are bond financed. The second type of credit is a site-specific credit for system improvements that have been included in the impact fee calculations. policies and procedures related to site-specific credits for system improvements will be addressed in the ordinance that establishes the City's fees. However, the general concept is that developers may be eligible for site-specific credits or reimbursements only if they provide system improvements that have been included in the impact fee calculations. Project improvements normally required as part of the development approval process are not eligible for credits against impact fees. 2 Tischler & Associates, Inc.