HomeMy WebLinkAbout024 - 02/20/2024 - AMENDING CHAPTER 26 OF THE CODE OF THE CITY OF FORT COLLINS TO REVISE THE STORMWATER PLANT INVESTMENORDINANCE NO.024,2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AMENDING CHAPTER 26 OF THE CODE OF THE CITY OF
FORT COLLINS TO REVISE THE STORMWATER PLANT
INVESTMENT FEES
A.The City Council is empowered and directed by Article XII,Section 6 of the
Charter of the City of Fort Collins,to by ordinance from time to time fix,establish,maintain,
and provide for the collection of such rates,fees or charges for water and for other utility
services furnished by the City as will produce revenues sufficient to pay the costs,
expenses,and other obligations as set forth therein.
B.Article VII,Chapter 26 of the City Code establishes the storniwater utility as
a utility service furnished by and as an enterprise of the City.
C.City Council has adopted stormwater basin and City-wide master plans
recommending stormwater facilities necessary to provide for proper drainage and control
of flood and surface waters within the City.
D.In 1998,City Council adopted Ordinance No.168,1998,determining that
all lands within the City benefit by the installation of such stormwater facilities.
E.Existing storniwater rate payers have paid for the design,right-of-way,and
construction of stormwater facilities identified in the drainage basin master plans that will
benefit and be utilized by new development.
F.City Council has determined that new development should pay its
proportionate share of the costs of capital stormwater facilities in existence at the time of
development in the form of a stormwater plant investment fee as established by City Code
Section 26-512 (“Stormwater PIF”).
G.City Code Section 26-511 requires that the City Manager review the rates
and parameters for the Stormwater PIF annually and present them to City Council for
approval no less frequently than biennially.
H.The City Manager and City staff have also recommended to the City Council
adjustment of the Stormwater PIF as set forth herein.
Based on the foregoing,City Council desires to amend Chapter 26 of the
City Code to adjust the Stormwater PIF as set forth herein.
In light of the foregoing recitals,which the Council hereby makes and adopts as
determinations and findings,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
ec ion .Section 26-512 of the Code of the City of Fort Collins is ere y
amended to read as follows:
Sec.26-51 2.-Stormwater plant investment fees established.
(2)Plant investment fee base rate.The stormwater plant investment fee
base rate is hereby established as follows:
Pergrossacreofarea $11,834
Section 2.The modifications set forth above shall be effective for all fees paid
on or after March 1,2024.
Introduced,considered favorably on first reading on February 6,2024,and
approved on second reading for final passage on February 20,2024.
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ATTEST:
Interim City Clerk
Effective Date:March 1,2024
Approving Attorney:Eric Potyondy