HomeMy WebLinkAbout153 - 12/15/2020 - ADOPTING THE 2021 LARIMER COUNTY REGIONAL TRANSPORTATION CAPITAL EXPANSION FEE SCHEDULE ORDINANCE NO. 153, 2020
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ADOPTING THE 2021 LARIMER COUNTY REGIONAL
TRANSPORTATION CAPITAL EXPANSION FEE SCHEDULE
WHEREAS, the City and Larimer County (the "County") previously entered into an
intergovernmental agreement,as amended from time to time,whereby the City collects a Regional
Transportation Capital Expansion Fee (also known as a "regional road impact" fee) on behalf of
Larimer County at the time of issuance of building permits, which fee raises revenue for road
improvements on regionally significant roadways that are necessitated by new development (the
"IGA"); and
WHEREAS, the City and the County have established a procedure pursuant to City Code
Section 7.5-82 for the City Council to consider and approve any County-proposed changes to the
Regional Transportation Capital Expansion Fee schedule in order to reflect changes in construction
costs, or other relevant factors (the "Regional TCEF Schedule"); and
WHEREAS, the last changes to the Regional TCEF Schedule were formally adopted by
the City in 2019, and the County is now proposing a revised fee schedule that increases the
Regional TCEF by 7.7%, which reflects changes in road construction costs and is based on an
eight-quarter moving average calculated from the Colorado Construction Cost Index data compiled
by the Colorado Department of Transportation; and
WHEREAS, under the terms of the IGA, revisions to the Regional TCEF Schedule do not
take effect in the City until City Council approves the new fee schedule; and
WHEREAS, the City Council has determined that it is in the best interests of the City that
the County's proposed changes to the Regional TCEF Schedule be adopted in order to further the
public interest of adequately funding road improvements that are necessitated by new
developments along regionally significant roadways that impact the City.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That the 2021 Larimer County Regional Transportation Capital Expansion
Fee Schedule attached hereto as Exhibit "A" and incorporated herein by reference is hereby
adopted and approved and shall go into effect in Fort Collins upon the effective date of this
Ordinance.
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Introduced, considered favorably on first reading, and ordered published this 1 st day of
December, A.D. 2020, and to be presented for final passage on the 15th day of December, A.D.
2020.
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Passed and adopted on final reading on the 15th day of December, A.D. 2020.
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