HomeMy WebLinkAboutResolution 4668 Goals and Policies for the Impact Fees to Fund Intersection Improvements I
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COMMISSION RESOLUTION NO.4668 j
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZE MAN, !
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
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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
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WHEREAS, the City of Bozeman has developed and adopted a transportation facility
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plan which examined current and future needs and provides a lawful, logical, balanced,
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operationally sound, and cost effective basis upon which to maintain and develop the City's
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transportation system; and
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WHEREAS, the City Commission has chosen to utilize impact fees as one element of j
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an integrated approach to fund and provide transportation services; and
WHEREAS, on March 30,2013 the City Commission adopted a Transportation Impact
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Fee Study prepared by Tischler Bise,Inc.; and
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Resolution 4668,Impact Fees to fund bitersection Improvements
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 December 14, 2015 to
consider the transportation capital improvement plan and review 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 1
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 reflected in the city's Capital Improvements Plan to all
proposed impact fee projects. This criteria prioritizes projects based on community benefit and
focuses on completing critical elements of the arterial and collector network.
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Resolution 4668,bnpact Fees to find bitersection Improvements
B. Using impact fees to further the City Commission's adopted goals, for example,
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encouraging infill.
,SECTION 2
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POLICIES j
The following policies are hereby established for impact fee financing of intersection I
improvements in the City of Bozeman.
1. Only the growth related share of an intersection improvement project is eligible for
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impact fee funding.
2. The non-growth share(NGS)of an intersection improvement project must be paid for i
using funds other than impact fees. These may be developer contributions,funds derived J
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from Special Improvement Districts (SID's)or Payback Districts, Urban Funds, Street
Maintenance Assessment money, Street Reconstruction money,bonds or the arterial and
collector improvement district funds established by the City Commission to pay for NGS
related arterial and collector system improvements. J
3. The City's preferred method for financing the NGS of intersection improvements will
be the arterial and collector improvement district funds established by the Commission.
4. Both the use of these funds and the amount to be levied for each fund shall be at the
City Commission's discretion.
5. The NGS calculation will be reviewed and approved by the City Commission at the
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time of the adoption of the Street Impact Fee Capital Improvement Plan.
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6.The NGS for the two year period 2015 and 2016 is 80% impact fees,20% NGS.
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7. The City Manager's annual recommended budget shall include the levy for the arterial
and collector improvement district funds.
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Resolution 4668,Impact Fees to fund Intersection Improvements
PASSED AND ADOPTED by the City Commission of the City of Bozeman,Montana, at
a regular session thereof held on the February 1,2016.
CARSON TAYLOR a
Mayor
ATTEST: :4 .i
ST CY 1ViEN CIVIC, } ry
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Cit�y� ler Jw ,u'-
;'f.,r.7;C0
APPROVED AS TO FORM:
OGRE"ULLIVAN
City Attorney
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