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HomeMy WebLinkAbout142 - 10/21/1986 - AMENDING CITY CODE RELATING TO THE COLLECTION OF STREET OVERSIZING FEES ORDINANCE NO. 142 , 1986 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING AN ORDINANCE AMENDING SECTION 95-90 OF THE CODE OF THE CITY OF FORT COLLINS RELATING TO THE COLLECTION OF STREET OVERSIZING FEES WHEREAS, Section 95-91 of the Code of the City of Fort Collins provides for an annual adjustment of oversizing fees to be made by the Director of Public Works; and WHEREAS, City staff has recommended that to provide for a more equitable apportionment of development costs, the oversizing fees should be adjusted as follows: FROM TO Residential $ 575/Dwelling Unit $ 598/Dwelling Unit Industrial 6,900/Gross Acre 7, 176/Gross Acre Commercial 13,800/Gross Acre 14,352/Gross Acre and WHEREAS, the Council of the City of Fort Collins has determined that it is in the best interests of the citizens of the City that the aforesaid fees be established accordingly. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS AS FOLLOWS: Section 1 . That Section 95-90 (A) of the Code of the City of Fort Collins be, and it hereby is, amended by deleting the words and figures "Five Hundred Seventy-Five Dollars ($575. )" and substituting therefor the words and figures "Five Hundred Ninety-Eight Dollars ($598. ) . " Section 2. That Section 95-90 (B) of the Code of the City of Fort Collins be, and hereby is, amended by deleting the words and figures "Six Thousand Nine Hundred Dollars ($6,900. ) " and by substituting therefor the words and figures "Seven Thousand One Hundred Seventy-Six Dollars ($7, 176.) . " Section 3. That Section 95-90 (C) of the Code of the City of Fort Collins be, and hereby is, amended by deleting the words and figures "Thirteen Thousand Eight Hundred Dollars ($13,800. )" and by substituting therefor the words and figures "Fourteen Thousand Three Hundred Fifty-Two Dollars ($14,352. ) . " Introduced, considered favorably on first reading, and ordered published this 7th day of October, A.D. 1986, and to be presented for final passage on the 21st day of October, A.D. 1986. Mayor ATTEST: City Clerk Passed and adopted on final reading this 21st day of October, A.D. 1986. Mayor ATTEST: City Clerk