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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/20/2001 - SECOND READING OF ORDINANCE NO. 191, 2001, AMENDIN AGENDA ITEM SUMMARY ITEM NUMBER: 39 FORT COLLINS CITY COUNCIL DATE: November 20, 2001 FROM: Alan Krcmarik SUBJECT : Second Reading of Ordinance No. 191, 2001, Amending the City Code to Adjust the Capital Improvement Expansion,Neighborhood Parkland and Street Oversizing Fees for Increases Due to Increases in the Cost of Construction and Raw Water. RECOMMENDATION: Staff recommends adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: This Ordinance,which was unanimously adopted on First Reading on November 6,2001, increases the fee schedules for the Capital Improvement Expansion Fees and Neighborhood Parkland Fee by the change in the 2000 Denver-Boulder-Greeley Consumer Price Index. Costs in the Capital Improvement Expansion Fees("CIEF") Study and the fee schedule for the Neighborhood Parkland Fees were calculated using costs from 1995. The relevant governing provisions of the City Code call for increases to keep up with annual inflation,and the fees were last adjusted in late 2000. This Ordinance also increases the CIEF and the neighborhood parkland fees by the projected increase in the CPI-U of 4.91%. For the Neighborhood Parkland and Community Parkland fees,the fee levels are increased by $75.00 and$126.58, respectively to cover the increase in the raw water cost. The Street Oversizing fees are being increased by 5.96%, the increase in the cost of construction as reported in the Engineering News Record. AGENDA ITEM SUMMARY ITEM NUMBER: 33 FORT COLLINS CITY COUNCIL DATE: November 6, 2001STAFF: Alan Krcmarik SUBJECT: First Reading of Ordinance No. 191, 2001, Amending the Code of the City of Fort Collins to Adjust the Capital Improvement Expansion, Neighborhood Parkland and Street Oversizing Fees for Increases Due to Increases in the Cost of Construction and Raw Water. AAR RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading � S1 E Y EXECUTIVE SUMMARY: tr This Ordinance increases the fee schedules for the Capital Improvement Expansion Fees and Neighborhood Parkland Fee by the change in the 2000'Denver-Boulder-Greeley Consumer Price Index. Costs in the Capital Improvement Expansion Fees ("CIEF") Study and the fee schedule for the Neighborhood Parkland"1`'Pe"es''were"calculated using"`costs from 1995. The relevant governing provisions of the City Code call for increases to keep up with annual inflation, and the fees were last adjusted in late 2000. This Ordinance increases the`CIEF and the neighborhood parkland fees by the projected increase in the CPI-U of 4.91%. For the Neighborhood Parkland and Community Parkland fees, the fee levels are increased by $75.00 and $12658, respectively to cover the increase in the,raw water cost. The Street Oversizing fees are being increased by 5.96%, the increase in the cost of construction as reported in the Engineering News Record. BACKGROUND: Y . n q, 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) 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 1997-2000, 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 4.91%. This Ordinance adjusts the fee schedules in Chapter 7.5 and Chapter 23 of the Code to this level of inflation. For the Community Parkland DATE: November 6, 2001 2 ITEM NUMBER: 33 fee and the Neighborhood Parkland fee, the fee level includes an adjustment for the increase of the raw water cost. For the Community Parkland fee, this increase amounts to $126.58. For the Neighborhood Parkland fee, this increase amounts to $75.00. In the Ordinance, all amounts for this capital improvement expansion fees have been rounded to the nearest dollar. For the Street Oversizing fees, the inflation index is the 5.96% based on the increase in construction costs as reported in the Engineering News Record. ;fs