HomeMy WebLinkAbout142 - 12/20/2022 - Adopting 2023 Larimer County County Regional Transportation Capital Expansion Fee ScheduleORDINANCE NO.142,2022
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ADOPTING THE 2023 LARIMER COUNTY REGIONAL
TRANSPORTATION CAPITAL EXPANSION FEE SCHEDULE
WHEREAS,the City and Larimer County (the “County”)previously entered into an
intergovernmental agreement (the “IGA”),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;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 (the “Regional TCEF Schedule”)to
reflect changes in construction costs,or other relevant factors;and
WHEREAS,the last changes to the Regional TCEF Schedule were accomplished by City
Council’s adoption of Ordinance No.165,2021,and the County is now proposing a revised fee
schedule that increases the Regional TCEF by 3.9%,reflecting increases in road construction costs
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 the 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 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 2023 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.
1—
Introduced,considered favorably on first reading,and ordered published this 6th day of
Pro Tarn
Mayor
December,AD.2022,
2022.
ATTEST:
for final passage on the 20th day of December,A.D.
City
Passed and
ATTEST:
Mayor
on the 20th day of December,AD.2022.
pro Tam
2-
EXH IS IT A
MEMORANDUM
TO:Board of County Commissioners
FROM:Mark Peterson,County Engineer
DATE:June 6,2022
RE:Transportation Capital Expansion Fee Adjustments for 2022
Since 1998,under the terms of the Land Use Code,Larimer County has been collecting transportation
capital expansion fees (TCEF)from new traffic generating development to be used for improvements to
the road system to accommodate the increase in traffic generated by the new development.The
current Land Use Code specifies an effective date for the annually updated TCEF’s as July ~which is
consistent with the effective date for the annual cost of living updates for the Planning and Building
Department fees.
This memorandum is intended as notification to the Board of County Commissioners that the annual
review of the Larimer County Transportation Capital Expansion Fees (TCEF5)for 2021 is resulting in an
increase of 3.9%from the 2021 values.As an example of what this change would mean,the TCEF on a
new single-family home (between 1,801 SF —2,400sf)would increase by $185,from $4,738 to $4,923.
See the table below for the complete current 2021 fee schedule and the schedule that would be
effective based on a 3.9%increase.
The methodology for the adjustment in the TCEF’s each year is specified in the Land Use Code and is
intended to reflect changes in road construction costs.The data is based on an 8-quarter moving
average calculated from Colorado Construction Cost Index quarterly data compiled and reported by the
Colorado Department of Transportation (COOT).
The procedure spelled out in the Land Use Code states that,if the change in fees is less than or equal to
5%,the new fees become effective without further action by the BCC.If the change in fees is greater
than 5%,the 6CC shall determine the percentage to be used to update the fees.Since the percentage
change is less than 5%this year at 3.9%,approval by the 6CC is not required.However,we still wanted
to bring this to the BCC for informational purposes on the TCEF schedule that will be applied for the
upcoming year,which will be effective July 1,2022.
LARIMER COUNTY I ENGINEERING DEPARTMENT
P.O.Box 1190,Fort Collins,colorado 80522-1190,970.498.5700,Larimer.org
LAaIMERa
EXHIBIT A
June 6,2022
Transportation Capital Expansion Fee Adjustments
Page 2
Residential TCEF
E
I v p p 1k
q
900 or less $2,396 $2,489
901-1300 $3,360 $3,491
1301-1800 $4,047 $4,205
1801-2400 $4,738 $4,923
2401-3000 $5,317 $5,524
3001-3600 $5,788 $6,013
3601 or more $6,185 $6,427
T
I I I
Industrial $1,474 $1,531
Commercial $6,208 $6,450
Office &Other Services $3,654 $3,796
LAI?JMER