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HomeMy WebLinkAboutTransportation Impact FeeTOWN COUNCIL MEETING DCF0tLMATION TOWN OF MARANA DATE: Jarluary23, 2001 AGENDA ITEM: IX. A. 1 TO: Mayor and Council FROM: James R. DeGrood, P.E., Development Services Administrator SUBJECT: Ordinance No. 2001.02: Transportation Impact Fee for Marana South Transportation Benefit Area DISCUSSION: On January 9, 2001 the Marana Town Council conducted a public hearing to consider adoption of a new transportation Development Impact Fee for the southern portion of Marana. Two individuals spoke to this item and expressed concerns. The first speaker expressed that the existing residents of the community share in the cost of future roadways that they benefit from. The second speaker asked that the Town be cognizant of the fact that new fees on development increase the sales price of a home by more than the cost of the new fees due to developer overhead. The recommendation that this fee be adopted came from a Transportation Financing Needs Assessment undertaken after the Town approved the Final Plat for the Continental Reserve project. The study recommended implementation of a development impact fee for transportation infrastructure improvements, as well as an increase in construction sales taxes. Development impact fees must be reasonably related to the impact that the new development has on the infrastructure being funded with the fee. Any existing deficiencies in the existing infrastructure must be met with funding other than development impact fees. Funding for correcting these deficiencies cannot come from sources that the new residents contribute to (such as general funds, sales taxes etc.) without ~ving a credit to the new residents that have paid their share through impact fees. What is lmown about the existing transportation system is that the existing deficiencies on Cortaro Road will be addressed by the improvements the Town is about to commence. Acceptable levels of service will be provided through the year 2004 as a result of this improvement and anticipated growth. The Town has also identified regional funding for the widening of Silverbell Road between Ina and Cortaro Road, as well as the widening of Ina Road between Interstate 10 and Sitverbell. These roadway widenings will further improve levels of service in the area, but will not be sufficient for the population expected at buildout of the area. The most significant expenses for transportation improvements the Town faces will be for Interstate 10 access improvements. The most viable improvement that can be implemented to benefit the southern part of Marana is a new interchange at Twin Peaks Road. The overall cost for this improvement is $57 million dollars, which includes the interchange, a PW/JRD/ 2:25 PM/01/18/01 grade separated crossing xvith the Union Pacific Railroad, a 2000 foot tong bridge over the Santa Cruz River and a new connection .to Linda Vista Road at Camino de la Manana. The Arizona Department of Transportation (ADOT) and the Town of Marana are preparing to initiate the design of this project, and could begin construction of elements of this project as early as 2006. A reliable source of funding for this project must first be identified and committed. ADOT acknowledges that they have a responsibility for a portion of the project cost, but this is limited to the interchange improvements (estimated to cost $29 million). ADOT also maintains that they are not responsible for paying for growth related improvements and that growth should pay for itself. The Town estimates that it will need to fund half the cost of the interchange. Satisfaction of the Town's obligation to this interchange improvement is the subject of the proposed Development Impact Fee. This Impact Fee contemplates a $14.5 million dollar Town contribution to the cost of the interchange. The improvements outside of the interstate access (estimated to cost $28 million) will need to be funded by other sources, and the town will seek regional, federal and other sources of funding for these other improvements, but will likely have to fund a substantial portion of this cost as well. The benefits of the Twin Peaks interchange will be observed throughout the region, as some trips which would otherwise be taken at the Avra Valley, Orange Grove, Ina and Cortaro Interchanges will occur at Twin Peaks. We estimate that if the Twin Peaks interchange existed today, it would be carrying more traffic than the existing Cortaro interchange. As the benefits of the new interchange will be observed well beyond the immediate Continental Ranch area, a broader region is included within the Marana South Transportation Benefit Area. The Marana South Transportation Benefit Area is bounded to the North by the Avra Valley/Lambert Lane Alignments, and the Town limits to the South, East and West. All new residential construction within the benefit area will be subject to the impact fee. The proposed impact fee amount is $2435 per "equivalent demand unit" or EDU. An equivalent demand unit is equal to the traffic generated by a single family detached residence. It has been proven that apartments and age-restricted developments generate less traffic per dwelling due to the nature of the occupants, and therefore have a discounted fee. Conversely, some projects may have a greater traffic impact, and will be subject to higher rates. The project's Traffic Impact Analysis, required for all new development in the Town, will be the basis for this determination. State Statute requires that these fees are to be collected at the time of building permit issuance, unless modified by a Development Agreement. By entering in to a Development Agreement, a developer could defer collection of the Development Impact Fee from the point of building permit to the point of closing on a home sale. This would partially be able to reduce the builder overhead associated with a Developer Impact Fee, and would allow the itemization of this fee for the buyer in the closing statement. This would allow for the avoidance of financing costs (or loss of use of these funds) associated with the earlier payment of the Development Impact Fee. Making this payment option available to the development community partially addresses the concern raised at the public hearing about the increased cost to the home buyer associated with this new fee. PW/JRD/2:25 PM/01 / 18/01 Statutes require that any proposed Dev.elopment Impact Fee be advertised for a minimum of 30 days prior to any public hearing on a Development Impact Fee. This requirement has been met. Statutes also require a minimum of 14 days lapse between the date of the public hearing, and the adoption of a Development Impact Fee Ordinance. Should the Council adopt this Ordinance at this meeting, the statutory waiting period will also have been complied with. Should Council adopt this Development Impact Fee Ordinance at this meeting, the collection of this fee will commence Monday, April 23, 2001. RECOMMENDATION: Staff recommends adoption of the Development Impact Fee Ordinance. SUGGESTED MOTION: I move to adopt Ordinance No. 2001.02. PW/JRD/2:25 PM/01/18/01