DATE: January 11, 2017
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Vernon Gerth, Assistant City Administrator
Paul Holzen, Director of Engineering
Jimmy Wiseman, Assistant Director of Engineering
Lynn Osland, Development Services Operations Analyst
SUBJECT:
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PUBLIC HEARING: Consideration of Ordinance 2017-02, "An Ordinance to Amend Various Sections of Chapter 4 of Title 16 and Chapter 16 of Appendix A of the Franklin Municipal Code Concerning Road Impact Fees. (1-24-17, 2-14-17 WS, 3-28-17 WS, 04/11/17 BOMA 1st Reading 7-1) SECOND AND FINAL READING
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Purpose
The purpose of this memorandum is to provide information to the Board of Mayor and Aldermen (BOMA) concerning a Road Impact Fee Study completed by Duncan and Associates.
Background
Road Impact Fees are fees that are assessed on new development to help pay for the capital facility cost for roadways they impose on the community. Essentially, impact fees require that each new residential or commercial project pay its pro-rata share of the cost of new infrastructure facilities required to serve the development.
On February 8, 2014 the Board of Mayor and Aldermen approved Ordinance 2014-09, "An Ordinance to Amend Various Sections of Chapter 4 of Title 16 of the Franklin Municipal Code concerning Road Impact Fees." This Ordinance updated the arterial road impact fees included in Municipal Code and did not include collector roadways. Over the past year, City staff has been working with Duncan Associates to evaluate the possible inclusion of collector roads in the impact fee structure.
Impact fee case law states that impact fees must be spent so as to provide a reasonable benefit to the fee-paying development. One way of ensuring reasonable benefit is to create multiple benefit districts to ensure that the development fees paid by a development are spent closer to the development than would be the case under a single jurisdiction-wide benefit dis...
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