Development Staff Report
To: Mayor and City Council
Through City Manager, Manuel Esquibel
Prepared By: Marv Falconburg, Assistant City Manager for Development
Date Prepared: December 1, 2014
Requested Action: Approve a Resolution extending a deferment program for certain development impact fees associated with the issuance of new residential building permits.
PURPOSE:
Request to consider extension of the temporary deferrals for an additional one year time frame.
SUMMARY:
Due to economic conditions, City Council approved certain temporary reductions and deferrals to encourage new residential building permits effective December 1, 2009. This time frame was extended for three additional years and has come to an end at year end 2014. This year so far, we have issued 172 new residential building permits and approximately 23% have utilized the fee deferral program. We have noticed that the program is being used consistently by the smaller local builders. Prospective developers of new multi-family projects have indicated that the fee deferral will be a major factor in their decision to move forward with their projects. Based on amendments made last year the action includes only the fee deferral and excludes any fee waivers or reductions.
The following fee estimates are for new residential construction with a $250,000 valuation:
Fee Description
Amount
Reduction
Deferred
Due at Permit Issuance
Total Due prior to CO
Permit Fee
$1,743
0%
$1,743
Plan Review
$1,133
0%
$1,133
Use Tax
$4,688
0%
$4,688
RDS Processing Fee
$50
0%
$50
Development Impact Fees
Drainage Impact
$3,685
0%
$3,685
$3,685
Water Plant Investment
$8,900
0%
$8,900
$8,900
Water Resource
$7,600
0%
$7,600
$7,600
Sewer Plant Investment
$5,070
0%
$5,070
$5,070
Traffic Impact
$1,700
0%
$1,700
$1,700
Community Park Impact
$720
0%
$720
$720
Neighborhood Park Impact
$1,700
0%
$1,700
$1,700
Crossi...
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