Agenda Item Title:
Title
Administrative Services Department presenting Impact Fee Analysis Findings
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Presenter:
Brian Kelley, Finance Director
Fred Philpot, LYRB LLC.
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Description/Background:
The City hired a consultant (LYRB) to conduct and prepare an Impact Fee Facilities Plan and an Impact Fee Analysis as required by State statute. The preliminary findings will be presented for Council consideration.
Fiscal Impact:
Fee increases resulting in enhanced impact fee (restricted) revenue.
Further action to be taken:
Public hearing and required notices, and adoption of ordinance and amended fee schedule at future City Council meeting.
Recommended Action and/or Suggested Motion:
Recommendation
Tonight staff is looking for feedback from the council. As this an informational report, not council action is necessary.