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V , <br />iflMi <br />A, • <br />‘■n <br />ZONING APPLICATIONS ^CONT.^ <br />STOKM WATER AND DRAINAGE TRUNK FEES <br />Applicable <br />Code Scrtlow <br />Ord.N()!2l4,2*'Serics <br />Storm water trank fees apply to new (tevelopmcnt and redevelopment of existing properties and provide funding for the storm water infrastmeture necessary to serve the <br />City. The trank fee is based on the land use and aereage of the property being developed. An equivalency factor multiplier Is assigned to each land use type, with a 2-aere <br />residential lot considered as the standard in the City with an equivalency factor of 1.0. The table below lists the storm water trunk fees per acre for the various loning districts <br />and land uses in the City, with a base fee of $2,700 per acre. <br />2002 Storm Water and Drainage Trunk Pees <br />New Development Trunk Fee/ <br />Land Use Acre <br />Single Family Residential 5 Acre Zone (1)$2,160 <br />Single Family Residential 2 Acre Zone $2,700 <br />Single Family Residential 1 Acre 2k>ne $3,510 <br />Single Family Residential '/i Acre Zone $4,050 <br />Multi Family Residential 4 Units/Acre or Less $4,860 <br />Multi Family Residential Greater than 4 Units/Acre $5,670 <br />CommercinI or InduMrial $6,480 <br />(I) For the S-acre zoning district, a reduction <br />of up to 50% of the trunk fee for the lot <br />will be allowed for the percentage of the <br />lot protected by perimeter and/or drainage <br />way buffer easements. These buffer <br />easement areas shall remain in a natural <br />condition. <br />Redevelopment projects will be defined as any project to either remove and replace existing structures or to enlarge existing structures. These projects will be charged a <br />portion of the base trunk fee adjusted for the area of expansion of impervious surface above the existing conditions. The table below lists the base trunk fee based on the <br />area of impervions surface expansion and adjusted for the type of land use. The trunk fee shall be determined by multiplying the appropriate fee by the aereage of the <br />development site. <br />Area of Impervious Surface <br />Expansion <br />0*1000 Square Feet <br />t t tBUO I Square Feet <br />More than 2000 Square Feet <br />Residential Redevelopment or <br />Expansion of Existing Development <br />Trunk Pce/Aere <br />$950 <br />$1,190 <br />$2,700 <br />Commercial or Industrial <br />Redevelopment or Expansion of <br />Existing Development Trunk Pee/Acre <br />$2,270 <br />$4,535 <br />$6,480 <br />2002 Fee Schedule-Page 7