HomeMy WebLinkAbout110 - 06/16/1998 - SUSPENDING THE STREET OVERSIZING FEE EXEMPTION PROGRAM FOR AN INDEFINITE PERIOD ORDINANCE NO. 110, 1998
OF THE COUNCIL OF THE CITY OF FORT COLLINS
SUSPENDING THE STREET OVERSIZING FEE EXEMPTION PROGRAM
FOR AN INDEFINITE PERIOD
WHEREAS, the City Council established by Ordinance No. 91, 1989 a program for
exemption from the City's Street Oversizing Fee for contribution to economic development,codified
at Section 24-113(b) of the Code of the City of Fort Collins (the "Street Oversizing Exemption
Program"); and
WHEREAS, the Street Oversizing Exemption Program, as modified by the adoption of
Ordinance No. 38, 1998, has continued in place to date, and
WHEREAS, it is the City Council's desire to review and evaluate the City's incentive
programs for economic development, including the Street Oversizing Exemption Program, along
with other components of the City's Economic Policy, with a concern for tax and fee fairness and
effectiveness of economic development incentive policies and programs; and
WHEREAS, it is further the Council's desire to indefinitely suspend the operation of the
Street Oversizing Exemption Program, pending completion of such review and evaluation.
NOW, THEREFORE, BE IT ORDAINED BY "THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the exemption from the Street Oversizing Fee for contribution to economic
development, codified in Section 24-113(b) of the Code of the City of Fort Collins, is hereby
suspended from operation until such time, if at all, that the Council reinstates the same by the
adoption of an ordinance for that express purpose.
Section 2. That no further exemption from the Street Oversizing Impact Fee for
contribution to economic development shall be granted unless a complete application for such an
exemption was received by the City prior to the adoption of this Ordinance on first reading and said
application satisfies the criteria for the granting of such an exemption under the provisions of Section
24-113 of the City Code.
Introduced,considered favorably on first reading,and ordered published this 2nd daf une,
A.D. 1998, and to be presented for final passage on the 16th day_,,1n , A.D. 1998/
mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 16th day of June, A.D. 1998.
Mayor
ATTEST:
-IALk
City Clerk