HomeMy WebLinkAboutResolution 4498 Establishing Goals and Policies for the use of Impact fee to Fund Intersection Improvement Projects �N_co
COMMISSION RESOLUTION NO. 4498
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, ESTABLISHING GOALS AND POLICIES FOR THE USE OF IMPACT
FEES TO FUND INTERSECTION IMPROVEMENT PROJECTS.
WHEREAS, the City of Bozeman is committed to addressing the community's
expressed needs and desires for services; and
WHEREAS, the City of Bozeman is committed to meeting those desires and demands
for services in a fiscally responsible manner; and
WHEREAS, the City of Bozeman is committed to meeting those desires and demands
for services in a manner which recognizes the fiscal and legal interests of all of the system users
now and in the future and not a limited subset of users; and
WHEREAS, the City of Bozeman has developed and adopted a transportation facility
plan which examined current and future needs and provides a lawful, logical, balanced,
operationally sound, and cost effective basis upon which to maintain and develop the City's
transportation system; and
WHEREAS, the City Commission has chosen to utilize impact fees as one element of
an integrated approach to fund and provide transportation services; and
WHEREAS, on March 30, 2013 the City Commission adopted a Transportation
Impact Fee 'Study prepared by Tischler Bise, Inc.; and
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WHEREAS, the adopted Transportation Impact Fee Study made recommendations
relative to the funding of intersection improvements; and
WHEREAS, that study recommended that only a portion of the capital cost of an
intersection improvement should be funded by means of impact fees; and
WHEREAS, the portion to be funded from sources other than impact fees is referred
to as the non-growth share (NGS); and
WHEREAS, the city commission held a public hearing on July 8, 2013 to consider the
options available to fund the NGS of future intersection improvement projects; and
WHEREAS, having considered the information presented by staff and the public input
received, the city commission directed staff to return with a policy for funding the NGS of future
intersection improvement projects.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana to wit:
SECTION I
GOALS
The following goals are hereby established for the consideration of the financing with impact
fees of intersection improvements in the City of Bozeman.
1. It shall be a goal of the City of Bozeman to invest street impact fee monies strategically by:
A. Applying the ranking criteria as contained in the city's Capital Improvements Plan to
all proposed impact fee projects. This criteria scores projects based on seven elements of
community benefit.
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B. Using Impact Fee monies to fund only the lowest cost alternative for a given project,
for example, at an intersection where both a roundabout and a signal are viable options the
eligible amounts will be based on the project with the lowest estimated capital cost.
C. Using impact fees to further the City Commission's adopted goals, for example,
encouraging infill.
SECTION 2
POLICIES
The following policies are hereby established for impact fee financing of intersection
improvements in the City of Bozeman.
1. Only the growth related share of an intersection improvement project is eligible for
impact fee funding .
2. The non-growth share (NGS) of an intersection improvement project must be paid for
using funds other than impact fees. These may be developer contributions, funds derived
from Special Improvement Districts (SID's) or Payback Districts, Urban Funds, Street
Maintenance Assessment money, Street Reconstruction money, bonds or a special NGS
intersection fund established by the City Commission to pay for NGS related intersection
improvements.
3. The City's preferred method of financing the NGS of intersection improvement
projects will be the special NGS intersection fund. The City Commission will establish
this fund using its general tax authority.
4. Both the use of these funds and the amount to be levied for this fund shall be at the
City Commission's discretion.
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5, The NGS of an intersection improvement shall be calculated by the City's Engineering
Division. The NGS will be updated at least every two years.
6. The growth related share of an intersection improvement will be expressed as a
percentage based on the ratio of the design volume of the intersection before
improvement to the design volume of the intersection after the improvement. The ratio
will further be based on that leg of the intersection which starts with the worst level of
service.
7. The party applying for impact fee reimbursement is required to submit a design report
prepared and stamped by a Professional Transportation Engineer registered in the state of
Montana which clearly identifies the current and future design volumes of the
intersection.
8, The NGS calculation will be the rolling average cost of the six most recent intersection
projects built in the city and may be rounded for simplification, e.g., 60- 40 rather than
57-43.
9. The NGS calculation will be reviewed and approved by the City Commission at the
time of the adoption of the Street Impact Fee Capital Improvement Plan.
10. The NGS for the two year period 2014 and 2015 is 60% impact fees, 40% NGS.
11. The City Manager's annual recommended budget shall include the levy for the
Special NGS Intersection Improvement Fund,
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana,
at a regular session thereof held on the 16"' day of December, 2013,
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SEAN A. BE4 IKER
Mayor
ATTEST: E ,,
ST Y ES;*-C-Mc
Cit Cler
APPROVED AS TO FORM:
RE SULLIVAN
City.Attorney
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