HomeMy WebLinkAbout174 - 12/03/2024 - AMENDING CHAPTER 26 OF THE CODE OF THE CITY OF FORT COLLINS TO REVISE STORMWATER PLANT INVESTMENT FEORDINANCE NO. 174, 2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AM ENDING CHAPTE R 26 OF THE CODE OF THE CITY OF
FORT COLLINS TO REVISE STORMWATER PLANT
INVESTMENT FEES
A.The City Council is empowered and directed by City Charter Article XII,
Section 6, by ordinance from time to time, to 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 stormwater 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 stormwater 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 PI F").
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.
I.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:
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