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HomeMy WebLinkAboutG1 TOA_presentation.CCpacket.10-9-2006.ccs Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Andrew Epple, Planning Director Chris Kukulski, City Manager SUBJECT: Tindale-Oliver &Associates Presentation on Street Impact Fees MEETING DATE: Monday, October 9, 2006 B^r I�GR�'UND: n�, 1 Y *p City a , n. R v rX4er a competitive se selection process the Cit selected Tindale-Oliver and Associates to perform the street impact fee update. They have begun the work and had an initial meeting with the Impact Fee Advisory Committee on August 24"'. There are many policy issues involved in completing an update to the street impact fee. Bob Wallace of Tindale-Oliver will provide an overview of methodology and related policy decisions which will need to be addressed during the update process. The presentation will enable the Commission to better understand impact fees and the factors considered during the calculation of a fee. This will facilitate good decision making when policy questions must be settled later. Finance Director Rosenberry will also be presenting some related information on the utilization of the general fund. UNRESOLVED ISSUES: None RECOMMENDATION: None. This is an informational presentation only. FISCAL EFFECTS: The update has been budgeted for this fiscal year. The updated study will enable a healthy impact fee program to help ensure adequate funding for street capacity expansion. No fiscal effects are anticipated from the presentation. ALTERNATIVES: As suggested by the City Commission. CONTACT: Please contact Chris Saunders at esaunders a,bozeman.net or 582-2260 if you have questions on this item. Respectfully submitted, Andrew Eple, Planning Director Chris Kukulski, City Manager Attachments: none Report compiled on October 4, 2006