Description: AGENDAHED.JPG
  

Item No:                    5A.

 

Meeting Date:           July 8, 2013

 

From:                          Raymond S. Sharp, Interim City Manager

 

Subject:                      Ordinance extending the City Impact Fee Waiver to September 30, 2013

 

 


Staff Recommendation:

Staff recommends approval of the ordinance, which will extend the current impact fee waiver through the end of the fiscal year, and allow for negotiation of impact fees as part of an overall economic incentive package.

 

Analysis:

During the Commission meeting of May 13, 2013, the Commission gave direction to staff to bring forward an ordinance that would extend the impact fee waiver through September 30, 2013 and concurrently establish a procedure for negotiation of impact fees for significant economic development.

 

The City Attorney has prepared the attached ordinance.  In general, it contains the following provisions:

 

Options:

1.  Adopt the ordinance as submitted; or,

2.  Such alternative action as the Commission may deem appropriate.

 

Fiscal Impact: 

Although the specific fiscal impact cannot be determined, this ordinance will allow the city to continue to collect impact fees, beginning October 1, 2013 for the funding of necessary capital improvements related to growth.  The ordinance also allows impact fees to be a part of an overall incentive package for economic development, which will have the effect of enhancing our ability to compete effectively for significant development.

 


 

Submission Date and Time:    7/8/2013 10:13 AM____

 

Department: Executive

Prepared by:  R. Sharp                     

Attachments:         Yes X    No ______

Advertised:  X Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes X  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. __________________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________