File #: 19-0010M4    Name: 2019 Impact Fee Update - Information Series Presentation #1
Type: Agenda Item Status: Agenda Ready
In control: City Council Work Session
On agenda: 8/4/2020 Final action:
Title: 2019 Impact Fee Update - Information Series Presentation #1
Attachments: 1. 2018-2019 Land Use Assumptions Report, 2. McKinney RIF - DRAFT Report, 3. McKinney UIF - DRAFT Report, 4. Presentation
Related files: 19-0010M6
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Title
2019 Impact Fee Update - Information Series Presentation #1

Summary

COUNCIL GOAL: Operational Excellence
(2B: Balance Available Resources to Accommodate the Growth and Maintenance Needs of the City)

MEETING DATE: August 4, 2020

DEPARTMENT: Planning Department

CONTACT: Jennifer Arnold, AICP, Director of Planning
Aaron Bloxham, Planning Manager
Mitchell Corona, Planner I

STAFF RECOMMENDATION:
* Receive an informational presentation on the impact fee process elements, policy considerations, and potential options as part of the 2019 Impact Fee Update process.

ITEM SUMMARY:
* Staff is presenting part 1 of a 3-part information series on the 2019 Impact Fee Update process. This presentation includes a summary of the impact fee update process, capital improvement project funding, neighboring city fee comparisons, and the anticipated remaining schedule for the update process.

Status of the Roadway Impact Fees:
* Kimley-Horn and Associates, serving as consulting transportation engineers on this project, has completed a preliminary draft of the Capital Improvements Plan for Roadway Impact Fees (more commonly referred to as the Roadway Improvements Plan or RIP). The draft RIP identifies the transportation infrastructure needed to accommodate projected growth over the next ten years and the probable costs associated with each infrastructure project. Only projects listed in the RIP are eligible for the assessment of impact fees.

* Kimley-Horn has also completed a draft Roadway Impact Fee Update Report, which includes the draft RIP as well as considerable technical analyses, a detailed discussion of the computation of the maximum calculated impact fees, and a presentation of the data that establishes the maximum assessable roadway fee. Once finalized, this report will become a supporting document for the updated Roadway Impact Fee Ordinance.

* The maximum assessable fees included in the Roadway Impact Fee Update Report establish the maximum roadway ...

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