Loading...
Tom Kuntz 6-25-02 MemoMeridian Parks & Recreation Memo From: Date: CC: Re: Mayor Corrie / City Council Tom Kuntz June 25, 2002 City Clerks Office RECEIVED JUN 2 5 2002 CITY OF MERIDIAN CITY C,I_FRK OI:'I:IOF Request for Continuation of Public Headng for the Parks Action Plan The Parks Recreation Staff respectfully requests that the council continue our public hearing on the Parks Action Plan until August 13, 2002. The Impact Fee Committee met on June 19, 2002 and there still remain some questions on the legality of the 10% administration fee, which is included in our calculations. Attached is a copy of our new impact fee calculations that were reviewed by the committee. The City Attomey is researching some other legal issues pertaining to our current impact fee ordinance. The Impact Fee committee is meeting again on July 17, 2002 to discuss Bill Nichol's findings and hope to have a resolution on increasing our impact fees soon after. We appreciate your patience on this matter. C:\WlNDOWS\Temporary Intemet Files\OLKB254\Cont Headng Parks Action plan memo.doc Page 1 City of Meridian Impact Fee Calculations: Neighimdmod Paflc$ .45 Acres/1,000 populations based on 12 acres of existing developed neighborhood parks and 4.21 equivalent developed acres for a total of 16.21 acres divided by 36 = .45 acres - Acres per 1,000 based on Pop. 36,000 (Equivalent developed acres formula: $ 25,000/acre acquisition divided by $ 95,000/acre develop and acquisition = 26.32% credit allowed for park land currently owned- Kiwanis park-9 and Autumn Faire-7 = 16A~ 26.32 = 4.21 equivalent developed acres) Commumity Pa~s 2.5 Acres/1,000 population based on 82 acres of existing developed community parks (Storey-20, Tully-18, BearCreek-19, Settlers phase 1-25 acres) and 8.16 equivalem developed acres (Settlers - 31 acres times 26.32 = 8.1592) for a total of 90.16 acres divided by 36 = 2.5o4 - Acres per 1,000 based on pop. 36,000 Acquisition Costs Per Acre = Develop Per Acre Cost = Total Service Cost Per.Acre = $25,000 $70,000 $95,000 Cost per person calculations: $95,000 times .45 acres existing neighborhood park standard divided by 1000 Pop. = $ 42.75 $95,000 times 2.5 acres existing community park standard divided by 1000 Pop. = $237.50 Multi-Family Residential 2.93 persons per dwelling unit 2.67 persons per dwelling unit RECEIVED JUN 2 5 2002 CITY OF MERIDIAN CITY CLERK OFFICE Neighborhood park Impact fee per person - $42.75 ~ 2.93 = $125.26 Sing. Community park Impact fee per person - $237.50 ~ 2.93 = $695.88 Single Total Impact Fee for Single Family Residence = $821.1,t Neighborhood park Impact fee per person - $42.75 ~ 2.67 = $114.14 Multi. Community park Impact fee per person - $237.50 ~ 2.67 = $634.13 Multi. Total Impact Fee for Multi-F~ Residence = $748.27 Recommendation: $ 821.14 Minus 25% General City funds = $615.86 + 10% Admin. = $677.44 For Single Family and $748.27 Minus 25% General funds = $561.20 + 10% Admin = $617.32 for Multi-Family