HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/16/1999 - SECOND READING OF ORDINANCE NO. 171, 1999, AMENDIN 7777779771
AGENDA ITEM SUMMARY ITEM NUMBER: 35
DATE: November 16, 1999
10 FORT COLLINS CITY COUNCIL STAFF:
Alan Krcmazik
SUBJECT:
Second Reading of Ordinance No. 171, 1999, Amending the City Code to Adjust the Capital
Improvement Expansion and Neighborhood Parkland Fees for Increases to Reflect Inflation,Based
on the Denver-Boulder Consumer Price Index.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on Second Reading.
EXECUTIVE SUMMARY:
In May of 1996, Council adopted Ordinance No. 51, 1996,which established capital improvement
expansion fees for Library, Community Parkland, Police, Fire, and General Government services.
The purpose of the fees is to have new development pay a proportionate share of the capital
improvements and equipment that will be necessary to provide services to the development. The
Code provisions approved by the Ordinance provide for the annual adjustment of the fees to keep
up with inflation,using the Denver-Boulder(now Denver-Boulder-Greeley)Consumer Price Index.
Based on the Denver-Boulder-Greeley Consumer Price Index for all urban consumers,the inflation
level since the last annual adjustment is an increase of 2.87%. Ordinance No. 171, 1999,which was
unanimously adopted on First Reading on November 2, 1999, adjusts the fee schedules in Chapter
7.5 and Chapter 23 of the Code to this level of inflation.
AGENDA ITEM SUMMARY ITEM NUMBER: 29
DATE: November 2, 1999
FORT COLLINS CITY COUNCIL
STAFF: Alan Krcmarik
SUBJECT:
First Reading of Ordinance No. 171, 1999, Amending the City Code to Adjust the Capital
Improvement Expansion and Neighborhood Parkland Fees for Increases to Reflect Inflation,Based
on the Denver-Boulder Consumer Price Index.
RECOMMENDATION:
Staff recommends adoption o C�h�Or iocei PtReaydin
FINANCIAL IMPACT:
This Ordinance increases the fee schedules for the Capital Improvement Expansion Fees and
Neighborhood Parkland Fee by the change in the 1999 Denver-Boulder-Greeley Consumer Price
Index. Costs in the Capital Improve en xpansidzILT .("�IEMtudy and the fee schedule for
the Neighborhood Parkland F9es were lculati uh ost m 1995. The relevant governing
provisions of the City Code calijor increes to�eelup witfi ual inflation and the fees were last
adjusted in late 1998. This OA increases the IEF and neighborhood parkland fees by
2.87%.
EXECUTIVE SUMMARY:
In May of 1996, Council adopted Ordinance No. 51, 1996,which established capital improvement
expansion fees for Library, Co P kla d, fire, an*General Government services.
The purpose of the fees is tha�ve ne devel6pn ay ortionate share of the capital
improvements and equipmenti2hat will nece to provid services to the development. The
Code provisions approved by tfie=Ordm ovid' r the adjustment of the fees to keep
up with inflation,using the Denver-Boulder(now Denver-Boulder-Greeley)Consumer Price Index.
The City has imposed a Parkland Fee for neighborhood parks since 1968. In August of 1996,
Council adopted Ordinance No. 105, 1996,which conformed the Neighborhood Parkland Fee to the
housing size differentials in the Capital Improvement Expansion Fee ordinance,and updated the fee
schedule to reflect pre-1996 inflation. The Neighborhood Parkland fees were adjusted for inflation
in 1997 and 1998 along with the Capital Improvement Expansion Fees.
Based on the Denver-Boulder-Greeley Consumer Price Index for all urban consumers,the inflation
level since the last annual adjustment is an increase of 2.87%. This Ordinance adjusts the fee
schedules in Chapter 7.5 and Chapter 23 of the Code to this level of inflation. All amounts have
been rounded to the nearest dollar.