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nhatason* ^ 9 ,3 V^vjOf.v’ rA'iri^K*^^atlon r*®®nate 1/3/’“. „ 5.-6 Memo Dateoealoatlon feeOeaica'-*'-" <br />in i« '**■ <br />anges Council aes ^etective. <br />,se in soheaule £o ““ the'’p”°P°f * „ <br />^'';i=rion'Vees3"5|f^cg-^^ <br />® eio^°rrtne communilV. <br />tor aealcatlon- <br />ate leeel to <br />„alture ptogram. on a P*' <br />expenait «Jnea annual <br />^ o is aetermi*'^ <br />the tee is <br />'^asis. _____«»rate mote^ ^>,ich <br />. fee is ,n income <br />basis. ,«uia g®'™® i,,es at ^ta.cr\ujaaes woui values <br />rtnV examplea “ <br />-U" <br />^^^^-Tthe examples t>as <br />ea in 1^® vaiuea» <br />50^^* ettles vjete to <br />which P^°P ^jasis. <br />I ll inaivid'^^'- <br />native date- ^ ^ t„atltutlon of. auc <br />hearing P“° ^,„es f®' ®®'" °arlng P'^”' •-° tor each of <br />A altetnativ <br />follc'*s* -._e,».ive <br />maty <br />ollo«s'* eCtective <br />aEendlt^o^ ‘''tirabin"°‘“"""ire one P on ava develop <br />... of fee until <br />le i“"— . <br />op one ba until one is a <br />» V 4 on of t®®^flP without teq <br />e oonsiae«tV=n of needs <br />'fapttat%3an <br />RECOMMENDATION - <br />2. Level of Fee Dedication -a. Escalation using consumer price inaex from lastchangeb. Utilization of fee common to other areas3. Basis for feea. Annual fee basea on a percentage of the average lotb. Individual consideration of each application using a percentage fee1. percentage selected2. basis for determination3. means and method of valuationc. Continue a set dollar amount per dwelling unit <br />4. Phasing in <br />a. Institute immediately <br />b. Phase in as a percentage of the target over a two <br />to three year period <br />c. Set specific fees during the phase in period <br />taking into account any escallation <br />5. Effective date <br />a. Specific date for applications <br />b. Date of preliminary plat approval <br />c. 31 March <br />d. Set number of days following public hearing and <br />imposition <br />The Park Commission at their meeting recommended that the City <br />change its fee to 8% effective April 1, 1990 with phase-in. <br />Staff recommends the following on the issues: <br />Expenditure - It is recommended that the Park <br />CcmmissTon “be directed to develop a plan and the needed <br />funding for that plan will assist in setting the fee. <br />Level of Fee - It is recommended that the fee be an <br />annual “Tee adopted based on approximat 'ly 8% of the <br />average value of a lot platted in the community during the <br />previous year. <br />It is recommended that the plan effective 31 March for all <br />subdivisions that have not received preliminary subdivision aj^^^roval <br />starting at 75% of the rate. This to «!o to 90% of the rate or. i <br />January 1991 as part of the fee ordir e and 100% for 1 January <br />1992 if needs are so indicated by an e- iture plan. <br />Public Hearing - Additionally it is .nmended that a public <br />hearing be held on t’ is matter at the . jncil's March 12, 1990