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ZONING APPLICATIONS (CONT.) STORM WATER AND DRAINAGE TRUNK FEES Fee Applicable Code Section Sec. 14-281 thru 14-287 Storm water trunk fees apply to new development and redevelopment of existing properties and provide funding for the storm water infrastructure necessary to serve 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 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 zoning districts and land uses in the City. Storm Water and Draina2e Trunk F New Development Trunk Fee/ (1) Buffer Easement Reduction. For the 5-acre zoning Land Use Acre district, a reduction of up to 50% of the trunk fee for the lot will be allowed for the percentage of the lot protected by Single Family Residential 5 Acre Zone (1) (2) $3,075 perimeter and/or drainage way buffer easements. These buffer easement areas shall remain in a natural condition. Single Family Residential 2 Acre Zone (3) $3,840 (2) Maximum Fee. For the 5-acre zoning district, any lot Single Family Residential 1 Acre Zone $5,000 exceeding 7.0 gross acres including wetland, shall be charged a maximum trunk fee equal to the trunk fee for a 7.0 acre parcel. Such lot shall remain eligible for the up to 50% Single Family Residential 1/2 Acre Zone $5,765 reduction noted in (1) above, such reduction based on the percentage of7.0 acres that is placed in buffer easements. Multi Family Residential 4 Units/Acre or Less $6,930 (3) Maximum Fee. For the 2-acre zoning districts, any Multi Family Residential Greater than 4 Units/Acre $8,085 lot exceeding 4.0 gross acres including wetland, shall be charged a maximum trunk fee equal to the trunk fee for a 4.0 Commercial or Industrial $9,230 acre parcel. 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 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 area of impervious surface expansion and adjusted for the type of land use. The trunk fee shall be determined by multiplying the appropriate fee by the acreage of the development site. Area oflmpervious Surface Residential Redevelopment or Expansion Commercial or Industrial Expansion of Existing Development Redevelopment or Expansion of Existing Trunk Fee/Acre Development Trunk Fee/Acre 0-1000 Square Feet $1,350 $3,230 1000-2000 Square Feet $2,690 $6,460 More than 2000 Square Feet $3,780 $9,240 2014 Fee Schedule-Page 6