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Application 2022 Fee Escrow Notes 2023 Notes <br /> Storm water trunk fees apply to new development and redevelopment of existing properties and provide funding for <br /> the storm water infrastructure necessary to serve the City.The trunk fee is based on the land use and acreage of the <br /> property being developed.An equivalency factor multiplier is assigned to each land use type,with a 2-acre residential <br /> lot considered as the standard in the City with an equivalency factor of 1.0.The table below lists the storm water trunk <br /> fees per acre for the various zoning districts and land uses in the City. <br /> Stormwater and Drainage Trunk fees as established by Subdivision IV,Section 14-283 of the City Code. <br /> Per new lot,or new <br /> NEW DEVELOPMENT LAND USE structure on Per buildable acre <br /> previously vacant lot <br /> Single Family Residential 5 Acre Zone $16,150.00 <br /> Single Family Residential 2 Acre Zone $8,060.00 <br /> Single Family Residential 1 Acre Zone $5,250.00 <br /> Single Family Residential 1/2 Acre Zone $3,025.00 <br /> Multi Family Residential 4 Units/Acre or Less $7,275.00 <br /> Multi Family Residential Greater than 4 Units/Acre $8,490.00 <br /> Commercial or Industrial $9,690.00 <br /> rviuiu-Iarnlry an❑nigh-uensny wrigie rarnuy veveloprnenrs. I rune lee <br /> shall be charged on a per-acre basis,except that the following acreages <br /> ,will not ha ci hie.,re,the,trllnI,foo• <br /> -all wetland acreage up to the delineation line <br /> -acreage of stormwater ponding or similar improvements that provide additional treatment benefits beyond what is <br /> required to treat the stormwater runoff from the development site. <br /> -acreage of conservation easements resulting from Conservation Design process <br />