Title
Conduct a public hearing regarding the update of the City’s Land Use Assumptions and Capital Improvement Plan and Water and Wastewater Impact Fees.
Summary
The purpose of this item is conduct the public hearing regarding the proposed update of the City's Land Use Assumptions, Capital Improvement Plan and Water and Wastewater Impact Fees.
Existing Impact Fees:
Central:
- Water Impact Fee: $4,241
- Wastewater Impact Fee: $2,725
- Total Impact Fee: $6,966
Cottonwood:
- Water Impact Fee: N/A
- Wastewater Impact Fee: $3,537
- Total Impact Fee: $3,537
Proposed Impact Fees:
Service Area 1:
- Water Impact Fee: $7,897.56
- Wastewater Impact Fee: $1,898.65
- Total Impact Fee: $9,796.21
Service Area 2:
- Water Impact Fee: $7,897.56
- Wastewater Impact Fee: $8,184.82
- Total Impact Fee: $16,082.38
The approval of the proposed water and wastewater impact fees is also included on this agenda.
Prior City Council Action
City Council approved Resolution Number 1748-20-01-28-0699 to set a public hearing on March 10, 2020 to discuss and review the update of the City's Land Use Assumptions, Capital Improvements Plan and Water and Wastewater Impact fees at the January 28, 2020 meeting.
The Land Use Assumptions were adopted following public hearing on 2018.
Deadline for City Council Action
None.
Funding Expected: Revenue __ Expenditure __ N/A _X_
Budgeted Item: Yes __ No __ N/A _X_
Amount: _N/A_______
1295 Form Required? Yes __ No _X_
Legal Review Required: N/A _X_ Required __ Date Completed: ___________
Supporting documents attached:
None.
Recommended Action
Conduct a public hearing as required by the Texas Local Government Code