HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 01/02/2001 - SECOND READING OF ORDINANCE NO. 190, 2000, AMENDIN AGENDA ITEM SUMMARY ITEM NUMBER: 12
DATE: January 2, 2001
FORT COLLINS CITY COUNCIL FROM: Matt Baker
SUBJECT:
Second Reading of Ordinance No. 190, 2000, Amending Chapter 7.5 of the City Code Relating to
Street Oversizing Capital Expansion Fees.
,IECOMMENDATION:
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Staff recommends adoption of the Ordinance on Second Reading.
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EXECUTIVE SUMMARY:
Ordinance No. 190,2000,which was unanimously adopted on First Reading on December 19,2000,
recalculates the Street Oversizing Fee schedule,in order to keep it current with updated information
from the Institute of Traffic Engineers, the North Front Range Regional Transportation Plan, and
recent updates to the City Master Street Plan.
AGENDA ITEM SUMMARY ITEM NUMBER: 26
FORT COLLINS CITY COUNCIL DATE: December 19, 2000
Is STAFF: Matt Baker
SUBJECT:
First Reading of Ordinance No. 190, 2000, Amending Chapter 7.5 of the City Code Relating to
Street Oversizing Capital Expansion Fees.
RECOMMENDATION:
Staff recommends adoption o CeOrdioi PtReay
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FINANCIAL IMPACT:
Staff is proposing a recalculation of the Street Oversizing Fee schedule, in order to keep it current
with updated information from the Institute of Traffic Engineers, the North Front Range Regional
Transportation Plan, and recen ates tome a - Str t Plan. Also included in the
recalculation is a 3.1% increa t padjufor IIfla- n. he 'n e family fee will increase from
$1480 to $1624 per dwelling it. Indu ial feew crease average $0.10 per square foot of
building size, from $1.06 to $ ppesq o t. :efail fee 1 increase on average $$0.08 per
square foot of building size, from $3.95 to $4.03 per square foot. For most types of development,
fees will increase.For several categories of development fees will remain the same or decrease. The
General Fund contribution will increase from the current $500,000 per year to $550,000 per year.
EXECUTIVE SUMMARY:
Since the last modifications to the Street Oversizing Program were adopted in 1998, a significant
amount of transportation improvements have been constructed.
Staff is proposing an increase he Kan
v izt g f' fo he ]lowing reasons:
1. The adopted untainSub A a Plan an Fossil Creek Reservoir Area Plan
have added more ericollector streets to serve new development.
2. Inflation has increased construction costs by 3.1% over the last two years.
3. Additional funds are necessary to recover costs for outparcel right-of-way, needed
ifor roadway widenings.
A recalculation of the Street Oversizing Fee results in an increase of$144 per single family dwelling
unit,$0.10 per square foot of industrial use,and$0.08 per square foot of retail use(on average).The
following table gives a sampling of the fees under the current and proposed schedules.The complete
fee schedule is attached.
DATE: December 19, 2000 2 ITEM NUMBER: 26
NAMM" 3ONO®
Current Proposed
Single-Family per DU* $1480 $1624
Apartment per DU $ 926 $1041
Lt. Industrial per sq. ft. $ 1.06 $ 1.16
Office per sq. ft. $ 2.47 $ 2.71
Commercial per sq. ft. 1 $ 3.95 $4.03
* DU=Dwelling Unit
Staff believes this recalculation and fee increase is necessary to account for the recently adopted
Mountain Vista Sub-Area PI sefdated
Ytoe
an, and to keep pace with the
inflation of construction costs The me sizing Capital Expansion Fee
remains the same; only the c lations the revised data.
During the Council Study Session for this item, staff was asked to look at the single family housing
category of the impact fee. Staff will be gathering information over the next few months to propose
a differentiation in fees for different single family housing types.
Detailed information can be found in the attached memorandums to the Transportation Board.The
Street Oversizing Impact Fee Study Update, dated November 28, 2000, will amend the adopted
Street Oversizing Impact Fee Study,July 15, 1997.
BACKGROUND:
The Street Oversizing Program ,, erwen sign i PtmodYifins in 1998. These modifications
included a fee increase, the addition of alternate modes of transportation (such as transit, walking,
and bicycling) and a change in methodology to assess fees based on trip generation.
In the two years since the modifications went into effect, the Street Oversizing Program has
constructed many transportation improvements while maintaining its financial stability. The
construction of Shields Street from Horsetooth to Harmony, the Drake Road Project at the Centre
for Advanced Technology, and the Harmony Road.Realignment are three significant Street
Oversizing projects which improved arterial street segments with travel lanes,bike lanes,sidewalks,
bus stops and landscaped medi- s.Th, gra Preb edveloper projects that improved
portions of Overland Trail anc�6iegler R ad, an ced entre Avenue link. The Program
has increased the capacity at iti secf nby ad` mtum nes to mitigate the impacts of new
development.
In 1999,construction costs remained constant;however,analysis of the current year 2000 costs have
shown an inflation increase of 3.1%.In addition to increased costs,two planning studies(Mountain
Vista Sub-Area and Fossil Creek Reservoir Area) have made revisions to the City's Master Street
Plan and Growth Management Areas.
The Street Oversizing Capital Expansion Fee is an impact fee calculated from the amount of
improvements needed with new development.When there are significant changes to the amount of
transportation improvements needed,such as with the Mountain Vista Sub Area Plan,a recalculation
of the fee is indicated.
DATE: December 19, 2000 3 ITEM NUMBER: 26
Two other documents used to calculate the Street Oversizing Capital Expansion fee were revised
. since the original study was completed. First, the North Front Range Regional Transportation Plan
was updated with the latest traffic modeling for Fort Collins. Second, the Institute of Traffic
Engineers released the 6th Edition of the Trip Generation Manual.Both of these revised documents
were included in the recalculation of fees.
The Street Oversizing Program continues to be a financially viable program to construct
transportation infrastructure in newly developing areas.This recalculation is necessary to update the
fee to account for the improvements that the program will be constructing, and to keep pace with
inflation.
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