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HomeMy WebLinkAboutCouncil Presentation 05/06/2014 - Development Impact Fees Streets & Parks2014 Development Fees Streets and Parks Development Fees Authorized under ARS § 9- 463.05 Can only be used (and credits given) for new construction not ma intenance Can NOT be used to improve existing deficiencies only build equivalent level of service Must be for a proportionate share Town has I ad impact fees since 1999 Fee Adoption Timeline ✓ Growth Assumptions, Streets IIP, Parks IIP - Feb 1 I ** 2014 ✓ Public Notice on Draft Development Fee Reports Feb 14.. 2014 ✓ Public Hearing March 18, 2014 Adoption of Development Fee ordinance set for May 6, 2014 Adoption of Streets, Parks, Water, and Wastewater fees set for May 6, 2014 Updated Fee collections would begin by August 1., 2014 Changes in Draft Fee Reports 1. Correction to EDU factors for retail to be more consistent with region 2. Removal of Dove Mountain from benefit areas Calculated Development Fees Land Use Category Unit Base Fees Northwest Streets Northeast Streets South Streets Parks Residential Category Single Family Residential Dwelling Unit $ 3,294 $ 5 $ 3,926 $ 2 Multi - Family Dwelling Unit $ 3,141 $ 4 $ 3,583 $ 1 Hotel /Motel Rooms $ 2,138 $ 3 $ 2,454 $ 0 Congregate Care Dwelling Unit $ 545 $ 1, 006 $ 671 $ 0 Single Family Residential (age restricte Dwelling Unit N/A N/A N/A $ 2 Multi- Family Residential (age restricte Dwelling Unit $ 141 $ 602 $ 267 $ 1,649 Retail and Services Category < 3,000 sf 1000 sf $ 3,550 $ 5 $ 4,056 $ 0 3,001 to 15, 000 sf Total fee for first 3,OOOsq ft: $ 10,650 $ 16,182 $ 12,168 $ 0 1000 sf $ 4,150 $ 6,225 $ 4,719 $ 0 15, 001 to 75, 000 sf To to 1 f ee f o r f irs t 15, 000 s q ft: $ 60, 450 $ 90,882 $ 68,796 $ 0 1000 sf $ 7,150 $ 10.377 $ 8 $ 0 75, 000 to 200, 000 sf To to 1 fee f o r firs t 75, 000 s q ft: $ 489, 450 $ 713,502 $ 550,896 $ 0 1000 sf $ 6, 550 $ 9 $ 7,372 $ 0 >200, 000 s f Total fee for first 200,000 sq ft: $ 1,308,200 $ 1,906,877 $ 1,472,396 $ 0 1000 sf $ 5,350 $ 7,886 $ 6,045 $ 0 High Traffic Retail 1000 sf $ 18,101 $ 25,708 $ 20,187 $ 0 Industrial 1000 sf $ 101 $ 793 $ 291 $ 0 General Office 1000 sf $ 4,301 $ 6 $ 4,933 $ 0 Medical Clinic 1000 sf $ 9 $ 14,661 $ 10,980 $ 0 Institutional 1000 sf $ 2,350 $ 3,964 $ 2 $ 0 Recreation 1000 sf N/A $ 591 $ 89 $ 0 MA, Ilmil klm Benefit Area svl��Ial K V&-L,Ai*L,Amk �mc www.marana.com Examples, using Northeast Fees Current Single Family Residence $5,599 Streets Fee, $2,641 Parks Fee $10,,918 Multi Family, per unit $4,755 Streets Fee,. $1,.649 Parks Fee $7,.670 Standard Retail, 10,000 sf Proposed $8,240 $6,404 $59,.757 Streets Fee, $0 Parks Fee C. $59,757 Industrial Use, 100,000 sf $79,300 Streets Fee , $0 Parks Fee 0 $79,300 OL �A Capital Credit Examples Northwest Streets Fee, SFR $3,294 Capital Credits Gladden Farms $4,168 net fee $ 0 Rancho Marana $7,602 net fee $ 0 San Lucas $5,595 net fee $ 0 Farm Field 5 $2,959 net fee $ 335 Payson Farms $3,417 net fee $ 0 Fianchetto $ 553 net fee $2,741 Sanders Grove $5,520 net fee $ 0 Mandan*na $4,400 net fee $ 0 Staff Recommendations ],, Adoption of recalculated Northeast Streets Fee 2. Adoption of recalculated Parks Fee 3. Continuation of the South Streets Fee -until debt retired 4. Continuation of the Lower Santa Cruz Levee Fee -until debt retired 5. Allow Northwest Streets Fee to expire