HomeMy WebLinkAbout124 - 11/20/2007 - AMENDING CHAPTER 26 OF THE CITY CODE TO REVISE STORMWATER PLANT INVESTMENT FEES ORDINANCE NO. 124, 2007
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AMENDING CHAPTER 26 OF
THE CODE OF THE CITY OF FORT COLLINS
TO REVISE STORMWATER PLANT INVESTMENT FEES
WHEREAS, Article XII Municipal Public Utilities, Section 6 Municipal Utility Rates
and Finances, requires all net operating revenues of the city's utilities to be held within the
respective utility's fund; and
WHEREAS, the City Council is empowered and directed by Article XII, Section 6, of the
Charter of the City of Fort Collins, Colorado, to by ordinance from time to time fix, establish,
maintain and provide for the collection of such rates, fees or charges for utility services furnished
by the City as will produce revenues sufficient to pay the costs, expenses and other obligations of
the storm water utility, as set forth therein; and
WHEREAS, Section 26-511(a) of the Code requires that the City Manager review the
rates and parameters of the Stormwater Plant Investment Fees annually and present them to City
Council for approval no less frequently than biennially; and
WHEREAS, the City Council adopted Ordinance No. 136, 2005 on November 15, 2005,
which established the stormwater plant investment fees now in effect; and
WHEREAS, the Council has adopted stormwater basin master plans recommending
stormwater facilities that are necessary to provide for the proper drainage and control of flood
and surface waters within the City; and
WHEREAS, the Council adopted Ordinance No. 168, 1998 determining that all
developed lands within the City benefit by the installation of such stormwater facilities; and
WHEREAS, 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; and
WHEREAS, the Council has determined that new development should pay its
proportionate share of the costs of the stormwater infrastructure as it exists at the time of
development; and
WHEREAS, based on the foregoing, it is the desire of the City Council to amend Chapter
26 of the City Code to revise stormwater plant investment fees.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That subparagraph (2) plant investment fee base rate of Section 26-512 of the
Code of the City of Fort Collins is hereby amended to read as follows:
Sec. 26-512. Stormwater plant investment fees established.
(2) Plant investment fee base rate. The stormwater plant investment fee base rate is four
thousand four hundred twenty dollars ( $4,420.) per gross acre of area.
Section 2.That the amendments to Chapter 26 of the City Code contained herein shall go
into effect January 1, 2008.
Introduced and considered favorably on first reading, and ordered published this 16th day
of October, A.D. 2007, and to be presented for final passage on the 20th day of November, A.D.
2007.
4V
ATTEST: May r
City Clerk
Passed and adopted on final reading on the 20th d ovember, A.D. 2007
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Mayo
ATTEST:
City Clerk
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