Loading...
HomeMy WebLinkAbout02/07/2006 Blue Sheet Revisions to Impact Fees TOWN COUNCIL MEETING INFORMATION TOWN OF MARANA MEETING DATE: February 7, 2006 AGENDA ITEM: K.2 TO: MAYOR AND COUNCIL FROM: James R. DeGrood, P.E. Assistant Town Manager SUBJECT Presentation and Request for Direction: Revisions to the South Transportation Benefit Area, Northwest Transportation Benefit Area and Parks Impact Fees to include a Construction Cost Adjustment and to establish an Impact Fee Waiver for Affordable Housing DISCUSSION Continuing increases in the cost of infrastructure construction will erode the Town's ability to deliver the infrastructure promised during the impact fee adoption process unless adjustments are made to account for this inflation. Construction costs have been particularly volatile in the past three years. To address this problem, the Town could adopt annual increases based upon a credible construction cost index, such as the Engineering News Record 20-City Construction Cost Index, together with more comprehensive impact fee updates every 3 to 5 years. Recently, a resident of Berry Acres addressed the Council, concerned about the application of impact fees to families in existing Colonia communities looking to add additional residences to their properties. The Town currently has no provision for a waiver of the newly adopted impact fees for low income housing, which may exacerbate the affordable housing problem in Marana. The Town could create a waiver program that reduces or eliminates the impact fees charged for new homes in the existing neighborhoods where low income residents live, but in doing so, the Town would either need to provide a credit to the buyers of homes paying impact fees or offset the impact fees using accumulated general funds. RECOMMENDATION Council direction to staffto prepare an impact fee report, adjusting the impact fee amounts based upon changes in a reputable construction cost index to account for the effects of inflation in construction costs, and amend Parks and Northwest Marana Transportation impact fee ordinances to introduce a fee waiver for new homes developed in the existing low income neighborhoods in Marana. ATTACHMENT Draft Annual Report and Recommendations for Impact Fees in Marana: South Transportation Benefit Area; Northwest Transportation Benefit Area; and Parks. SUGGESTED MOTION I move to direct staff to begin the process of amending the Town's impact fee ordinances to account for inflation adjustments and to allow for fee waivers in existing low income neighborhoods. Annual Report and Recommendations for Impact Fees in Marana South Transportation Benefit Area Northwest Transportation Benefit Area Parks Town of Marana, Arizona February, 2006 Table of Contents Executive Summary The purpose of this report is to provide written documentation in support of increased development impact fees for the Town of Marana in accordance with ARS ~ 9-463.05.C. The further intent of this report is to provide a review the collections and expenditures of funds associated with the Town of Marana's development impact fees during calendar year 2005, as well as to identify trends in construction costs, infrastructure needs, land uses which may warrant future impact fee report revisions. This report addresses the commitment made to reporting and transparency in the Town ofMarana's Impact Fee Report for Northwest Roads and Parks, dated March 17,2005, butis not intended to satisfy the requirements of ARS ~ 9-463.05.D The Town commenced collection of impact fees in 2001, after the ;;idoption of an impact fee for the South Transportation Benefit Area to fund econstruction ofthe Twin Peaks Interchange. To date this benefit area has produce 78,846. TheTwin Peaks Interchange project is anticipated to go to const n in fiscal year 2007-2008, with right of way acquisition negotiation anticipatt1.d gin i alendar year 2006. The most recently adopted impact fees are for the P Northwest Transportation Benefit Areas. Fee collectio date $1,299,196 has been collected for Parks and $54,963 Northwest Transportation Benefit Area. n-wide) and for the menced July 5, 2005, and to een collected for the Substantial changes have occurred in the cost of construction over the past year, with nearly all recent constl1Jction projects exceeding estimated costs. These increases in costs are partially dueto substantial cost increases in concrete, steel, plastics and fuel. Most analysts suggest that these material cost increases will stabilize in the near term. It is recommended that the impact fees be linked tothe Engineering News Record 20-City ConstructionC dex (ENR CCI) so that the effects of inflation my addressed. rec land use c Benefit Area, the number of of these changes i Transportation Ben the Northwest Marana land use plan, as a result of njunction with recent Town Core planning efforts. These aluated for their impact upon the Northwest Transportation the new roadways to support the evolving plan as well as and commercial development now proposed. Upon approval rana General Plan, a comprehensive update of the Northwest Area Impact Fee Report may be warranted. The existing inventory of affordable housing is diminishing in Marana as the community urbanizes. Most new communities being developed do not meet the need for affordable housing. Affordable housing which is currently being developed is largely occurring in the existing Colonias within the Town, both through the Town's affordable housing program and individual efforts. It is therefore recommended that a waiver be created for affordable housing in Colonias established within the Town. 1 Impact Fees Collected Marana has collected fees for three separate impact fee benefit areas during 2005. These benefit areas are the South Transportation Benefit Area, the Northwest Transportation Benefit Area and the Parks Benefit Area. The South Transportation Benefit Area was adopted in 2001, while the Northwest Transportation Benefit Area and the Parks Benefit Area were adopted in 2005. Collection of impact fees for the Northwest Transportation Benefit Area and the Parks Benefit Area commenced on July 5, 2005. The South Transportation Benefit Area had a fund balance of $6,~ 2005. This fund balance increased to $7,881,116 by the end of increase of $1 ,577,853. This increase in fund balance is aU . and impact fee contributions. 3,263 on January 1, l/yndar year, an to accrued interest The North Transportation Benefit Area began fee collection on July grew to a balance of $54,963 by the end of 2005 through impact fee co ions. The fund growth was modest due to a substantial aJ1l0unt of credit granted for il"l~~ovements made on eligible roadways. The credits will be discussed in later sections of this report. The Parks Benefit Area also began c $1,299,196 by years end through imp rate than either of the other funds due t the relatively modest number of projects ections on July 5, 2005. The fund balance grew to collections. Thi$fund grew at a more rapid that the benefit area is town-wide and it for public improvements. 2 Expenditures of Impact Fee Funds There were no expenditures of impact fees collected during 2005. The most mature impact fee fund is the South Transportation Benefit Area, and the Town has expended in excess of $800,000 to date for design of the benefiting project, the Twin Peaks Interchange. The Town has been expending funds from other sources to fund this design and conserve the impact fee capital for actual construction and right of way acquisition. Construction of this project is still anticipated in fiscal year 2007-08. 3 Credits for Eligible Improvements The Town entered into five development agreements with the builders of master planned communities. The five communities are Gladden Farms, Rancho Marana 154, San Lucas, Ironwood Reserve and Continental Reserve. There also are pre-existing development agreements for the Skyranch and Saguaro Ranch projects which contemplated impact fees in their original agreements. Gladden Farms The Gladden Farms project includes the construction of Gladd Adams Road, as well as a publicly dedicated park. The pro 0 Farms Road, which will be funded by an improvement di lots in phase 3. s Blvd and Lon o includes Tangerine will apply to the For phases 1 and 2, the Northwest Marana Transportation fee was om $5,941 to $1,773. Phase 3 will be reviewed upon further cost development on the one Farms Road project, however it is anticipated that the phase 3 lots will not be assessed a Northwest Marana Transportation fee. All lots in Gladden Farms equally bene;f!it.Jrpm the development of the Gladden Farms Park, and from the dedication of additional parkland for future park development. The Park fee for Gladden Farms was reduced from $2,884 to $822 per new dwelling. Rancho Marana 154 The Ranch Mara constructing portions of Tangerine Farms Road and Clark Farms Blvd as a f 'ect improvements. Both of these roads are eligible for credit, and the v. <projects to the Town exceeds the impact fee liability for the Northwest Marana Transportation Benefit Area. This project is also dedicating landfC>T the Barnet Linear Park, and will receive a $500 credit, thus reducing the Parks impact fee from $2,883 to $2,383. San Lucas The San Lucas Projeqtwill construct substantial park and road improvements. The project will construct a new railroad crossing, realigns and paves Cochie Canyon Trail, and extends Adonis Road. These projects are all creditable. These improvements do not fully develop the roadways to their ultimate configurations, and only partial credit was granted for improvements. As such, the Northwest Transportation fee reduced to $346. The Parks fee is fully offset by improvements. 4 Continental Reserve The Continental Reserve project is only subject to the Parks impact fee. The developer of Continental Reserve dedicated an improved park to the Town, and as a result the impact fee for this community was reduced to $1,323 Ironwood Reserve The Ironwood Reserve project dedicated a parcel ofland to the Town for a future trailhead for access into Saguaro National Park West. This trailhead and parking lot site was not developed. The Parks fee for Ironwood Reserve was reduced to $2,430. Skyranch The Skyranch project had a preexisting agreement wjth~he Town for the development of the Children's Desert Education Center and a con;esponding $1,000 per unit contribution. This contribution is creditable against the Par~fee. Saguaro Ranch of $1 ,000,000 and a $1,000 ment term supersedes The Saguaro Ranch project agreed to avg~lJntary contrib per lot contribution for park improvemenJ> This developmen and exceeds the Park fee. Standard Fee Amount Northwest Road Fee Twin Peaks Fee Impact Fee Assessments - Pr . Proiect Name $5,941 $2,435 San Lucas (All Blocks) Rancho Marana 154 (All Blocks) Continental Reserve (All Blocks) Ironwood Reserve Gladden Farms (Phase 1) Gladden Farms (Phase 2) Gladden Farms (Phase 3)* Saguaro Springs (Estimated) SkyRanch** Saguaro Ranch $0 $346 N/A $0 N/A $1,323 $2,430 $722 $822 $822 $0 $1,884 $1,000 N/A N/A $1,773 $1,773 $0 N/A N/A N/A $2,435 $2,435 N/A N/A N/A $2,435 N/A N/A * Buyers in Phase 3 of Gladden Farms will be subject to improvement district costs for Tangerine Farms Road ** Buyers in Skyranch are also subject to a $1000 Desert Education Center Fee 5 Trends in Construction Costs Recent, substantial increases in the cost of construction have been anecdotally reported widely. The basis ofthe reported increases can broadly be described as due to increases in raw materials, land and a competitive environment which has few bidders seeking the construction contracts being bid. Material prices have soared recently for concrete, steel, plastics and petroleum products. This has been due, in part, to high world-wide demand for construction materials, as well as the impact of governmental tariffs. Short - term shortages of.materials have occurred, further adding to the construction cost due to delays and premium pricing. The cost and availability of construction equipment has been reported to be a problem for contractors, and petroleum prices have been volatile, adding uncertainty to those bidding projects. The Arizona Department of Transportation has s~udied recent bid trends, and found a relationship between the number of bidders O?~!'~~ject anqthe likelihood of the project low bid being over the project estimate. Many praJ~~~~ ,,:~C'lt'\Vould have attracted 5-10 bidders two years ago are now attracting only one or twi)!bids. Part ofthis attributable to the bidding climate, but it may also be partially attribu to fact that most public work contracts do not typically allow for cast adjustments due g or volatile materials costs. Should materials prices stabilize Of should public wo racts be made more flexible to allow for cost adjustments due to fluctuations in th rice of materials, some of the recent construction increases may be reversed. Nevertheless, much of the recent construction cost inflat" e permanent. t fee reports for the South Transportation Benefit Area, enefit Area and the Parks Benefit Area, the Town s. These projects include projects which e in deSIgn. The Town has also seen a dramatic rise actions occurring at as much as $140,000 per t impact fee rates will require review, and should n appropriate construction cost index. Further evidenc for the cost of the cost $57 Million in ge in construction costs is the recent increase in the estimate aks interchange. The interchange was initially estimated to It is currently estimated to cost nearly $70 Million. Inflation in construction costs will be an ongoing issue for the Town's impact fees. The only options available for adjustment of fees is to periodically review and revise the impact fee ordinances at great effort, or to index the impact fees to a relevant construction cost index. Given the effort associated with revising impact fee reports and the vast fluctuations possible in land prices, it would be prudent to plan on adjusting the impact fee annually using an index measure, and less frequently to address land prices and/or changes in the scope of improvements to be constructed. 6 Engineering News Record (ENR), a well respected national publication for the construction industry, has tracked construction costs since 1967 for 20 cities across the United States. This index, the ENR 20-City Construction Cost Index (ENR CCI) is available through regular articles in the magazine and on its website at www.enr.construction.com For 2005, the ENR CCI reported a 5.0% increase in construction costs. From the date of adoption of the impact fee for the South Transportation Benefit Area to the fourth quarter of 2005, the ENR CCI increased 20.4%. This compares favorably with the estimated increase in the cost estimate for the Twin Peaks interchange project. 7 Trends in Land Use The Town is currently considering a major revision to the General Plan for the land uses in the Northwest Transportation Benefit Area. The revision will likely increase the residential development densities in this benefit area, as well as increase the infrastructure requirements within the benefit area. With this overall change in intensity of land use, an increase in non-residential land uses can also be anticipated. Upon approval of the General Plan change for the area, an update infrastructure requirements and development impact fees will b adequate infrastructure funding and the equitable treatment the area. f the traffic, anted to ensure both rs of new homes in 8 Affordable Housing Housing affordability is an emerging issue in Northwest Marana. Existing low income housing is being eliminated to make way for new master planned communities, as well as by relocation programs aimed at removing housing from the floodway of the Santa Cruz River. The Town also recognizes that the new growth occurring in Northwest Marana will include retail and hospitality businesses which will employ low to moderate income wage earners that will increase the demand for affordable housing. To address this problem, the town has put into place a low income housing progr to develop additional housing units in the community to address this need. In 1998, the Town of Marana identified seven existing 10 qualified for designation as Colonias. These neighborh 1989, and had to have substandard water, sewer, drainage, r roadw The Town is committed to reinvesting in these neighborhoods, and has making improvements in all of them. These neighborhood~ are also wher been building homes in its affordable housing program. neighborhoods that e existed prior to astructure. e or IS own has The Town and private individuals wiU...continue to build small numbers of new homes in these neighborhoods. It is estimated t to 38 new homes could be built in these existing low income communities, and l,11es either have been acquired or are being sought for acquisition under the Pi odprone Lands Acquisition Program. A net potential increase in housi",g wi 1 ghborhoods of 22 dwellings can therefore be anticipat_~ Should the Town housing within the existing Colonias be given a waiver from the imposl es, it will be necessary to ensure that the other home builders within the urdened as a result. Options to ensure that this occurs include providing pact fee credit to builders outside ofthe Colonias and using existing accumulated gen s to reimburse the Northwest Marana Transportation Benefit Area and impact fee funds for waivers granted. The anticipated maximum amount of reimbursement is $210,000. 9 Recommendations Based upon the foregoing information, it is recommended that the impact fees for the Town of Marana be modified for implementation in the beginning of Fiscal Year 2006- 2007: 1. That the impact fee amounts for the South Transportation Benefit Area, Northwest Transportation benefit Area and the Parks Benefit Area be indexed to the Engineer News Record 20-City Construction Cost Index, (ENR CCI)with fee adjustments taking place on July 1 st of each year. The index adjustment shall be made between the date of the impact fee report preparation and the new fiscal year. It is recommended that the Parks and Northwest Marana T~ahsportation fees be increased by 5.0% and that the South Transportation Benefit Ar a fee increase by 20.4% for fiscal year 2006-2007. The resulting fees will be: South Transportation Benefit Area Northwest Transportation Benefit Area Parks 2. That impact fees be waived for new housing constru . ... the Colonias established in the Town of Marana by ResolutiotlOftlJ,y Mar Town Council and the Pima County Board of Su ervisors. Applicable impactfee funds shall be reimbursed by general fund reserves. at the Northwest Marana Transportation Benefit Area ded UpOl.1 revision of the Marana General Plan. Furthermore, it is to impact fee report be up 10 Impact Fee Revision Timeline Adoption Timeline, assuming Study Session prior to report release Hold Study Session February ih Release Report February 10th Hold Public Hearing April 18th Adopt Ordinance May 2nd Begin Collections August 1 st AFFIDAVIT OF PUBLICATION STATE OF ARIZONA COUNTY OF PIMA ss. Audrey Smith, being first duly sworn, deposes and says that (s)he is the legal Advertising Manager of THE DAilY TERRITORIAL, a daily newspaper printed and published in the County of Pima, State of Arizona, and of general circulation in the City of Tucson, County of Pima, State of Arizona and elsewhere, and the hereto attached: NOTICE OF RELEASE OF REPORT ANNUAL REPORT AND RECOMMENDATIONS FOR IMPACT FEES IN MARANA: SOUTH & NORTHWEST TRANSPORTATION & PARKS BENEFIT AREAS was printed and published correctly in the regular and entire issue of said THE DAilY TERRITORIAL for 4 issues; that was first made on the 10th day of February 2006 and the last publication thereof was made on the 15th day of February 2006; that said publication was made on each of the following dates, to-wit: 02/10/06 02/13/06 02/14/06 02/15/06 at the Request of: Town of Marana N ary Public in and for the County of Pima, State of Arizona My commission expires: '~-, 0t - ~ JAMIE C. MACIAS Notary Public - Arizona Pima County Expires 02/04/08 NOTICE OF RELEASE OF REPORT ANNUAL REPORT AND RECOMMEN- DATIONS FOR IMPACT FEES IN MARANA: So;,JTH TRANSPORTATION BENEFIT AREA: NORTHWEST TRANSPORTATION BENEFIT AREA; AND PARKS BENEFIT AREA The Town of Marana hereby gives no- tice pursuant to A.R.S. S 9-463.05 of its release of a technical report recom- mending the Increase of develop men! impact tees due to Increases in con- struction costs. The report recom- mends increasing the South Transpor- tation Benefit Area impact tee by 20.4%, and me Northwest Transporta- tion Benefit Area impact fee and Parks impact tee by 5.0%. The report aiso re- ports collections to date, disbursements to date and credit agreements for oftse1- ting Improvements constructed as well as proposing waivers of fees for hous- ing In existing Colonla neighborhoods The Marana Town Council may conduct a public heanng 10 consider the pro- posed impact fee increases anytime on or atter April 18, 2006. Copies of thiS report are available tor review in the aT- tice of the Marana Town Clerk, 11555 W. Civic Center Drive, Building A1, Marana, AZ 85653. For turther infor- mation, call the Town of Marana at 520-382-1906 PUBLISH: The Daily Territorial February 10, 13, 14, 15, 2006 pnreleasereport a.s