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` 4 <br /> � ZONII�.s APPLICATIONS(CONT.) Auplicable <br /> � Fee Code Section <br /> STORM WATER AND DRAINAGE TRUNK FEES Sec. 14-281 thru 14-287 <br /> Storm water trunk fees apply to new development and redeVelopment of existing properties and provide funding for the storm water infrastructure necessary to serve <br /> the City. The trunk fee is based on the land use and acreage of the property being developed. An equivalency factor multiplier is assigned to each land use type,with a <br /> 2-acre 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 <br /> zoning districts and land uses in the City. <br /> Storm Water and Draina e Trunk Fees <br /> New Development Trunk Fee/ (I)Buffer Easement Reduction.For the 5-acre zonmg <br /> Land Use Acre distnct,a reduction of up to 50%of the trunk fee for the lot <br /> w�ll be allowed for the percentage of the lot protected by <br /> Single Family Residential 5 Acre Zone(1)(2) $3,075 per�meter and/or drainage way buffer easements These buffer <br /> easement areas shall remam m a natural condiUon <br /> Single Family Residential 2 Acre Zone(3) $3,840 (2)Max�mum Fee For the 5-acre zoning district,any lot <br /> exceedmg 7 0 gross acres includmg wetland,shall be charged <br /> Single Family Residential 1 Acre Zone $5,000 a m�imum wnk fee equal to the trunk fee for a 7 0 acre <br /> pazcel Such lot shall remam elig�ble for the up to 50% <br /> Single Family Residential I/2 Acre Zone $5,765 reduction noted in(1)above,such reduction based on the <br /> percentage of 7 0 acres that is placed m buffer easements <br /> Multi Family Residential 4 UnitslAcre or Less $6,930 <br /> (3)Maximum Fee.For the 2-acre zoning distncts,any <br /> Multi Family Residential Greater than 4 Units/Acre $8,085 lot exceeding 4.0 gross acres includmg wetland,shall be <br /> charged a maximum trunk fee equal to the trunk fee for a 4 0 <br /> Commercial or Industrial $9,230 acre parcel. <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 impervious surface expansion and adjusted for the type of land use. The trunk fee shatl be determined by multiplying the appropriate fee by the acreage of the <br /> development site. <br /> Area of[mpervious Surface Residential Redevelopment or Expansion Commercial or[ndustrial <br /> Expansion of Existing Development Redevelopment or Expansion of Existing <br /> Trunk Fee/Acre Development Trunk Fee/Acre <br /> 0-1000 Square Feet $1,350 $3,230 <br /> 1000-2000 Square Feet $2,690 $6,460 <br /> More than 2000 Squaze Feet $3,780 $9,240 <br /> 2014 Fee Schedule-Page 6 <br />