Title
Discuss and consider recommending approval of collection rates and policies to be considered in order to establish a roadway impact fee.
Summary
In March, City Council authorized staff to begin a Roadway Impact Fee Study. Kimley-Horn and Associates, our consultant for the Transportation Master Plan, is our consultant on this project. This Roadway Impact Fee Study is an analysis necessary for the city in order to consider impact fees related to roadways. Impact fees are funds collected within a service area to pay for roadway improvements that contribute to the capacity of the roadway system.
Unlike water and wastewater impact fees, which can include a service area that is city wide and includes the ETJ, roadway service areas are limited to a six mile trip length and are contained with the corporate city limits. In May, the Capital Improvement Advisory Committee and the City Council completed the first step in the process is to establish the boundaries of the service areas. In August, the CIAC recommended approval of the land use assumptions and the capital improvement plan.
The next step of the process is to discuss the collection rate(s) and policy recommendations to be considered in order to establish a roadway impact fee.
Projected Future Action
The Roadway Impact Fee Study is anticipated to be discussed with the Capital Improvement Advisory Committee each month through October. Action is anticipated to be requested in October.
Capital Improvement Advisory Committee (CIAC) Action
On May 4, 2020, the CIAC recommended approval of Service Area - Option 1 and asked that consideration be given to moving the eastern boundary of Service Area B be the future extension of Pfennig Lane.
On July 6, 2020, the CIAC discussed the various assumptions related to the Roadway Impact Fee Study.
On August 3, 2020, the CIAC discussed and recommended approval of the land use assumptions and capital improvement plan related to the Roadway Impact Fee Stud...
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