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<br />Section 9. Establishment and Imposition of Impact Fees. A Municipal Facilities Impact Fee <br />is hereby established and imposed on all new residential and non-residential development in the <br />City, as follows: <br /> <br />A. Service Area. The applicable service area (the "Service Area") for imposition of a <br />Municipal Facilities Impact Fee is the entire City; <br /> <br />B. Fee Imposition and Amount. All new residential and non-residential development in the <br />Service Area shall be subject to the payment of a Municipal Facilities Impact Fee payable at the <br />time of issuance of a building permit by the City, pursuant to this Ordinance and the Impact Fee <br />Procedures, as follows: <br /> <br />Residential Development <br />Low Density <br />Medium Density <br />High Density <br />Apartment Hotel <br />Resort Hotel <br /> <br />Impact Fee Per Residential Unit <br />$396 <br />$285 <br />$275 <br />$412 <br />$330 <br /> <br />Non-Residential Development <br />Com Shop Ctr 25,000 SF or less <br />Com Shop Ctr 25,001-50,000 SF <br />Com Shop Ctr 50,001-100,000 SF <br />Com Shop Ctr over 100,000 SF <br />Office Inst. 10,000 SF or less <br />Office Inst. 10,001-25,000 SF <br />Office Inst. over 25,000 SF <br /> <br />Per 1,000 Square Feet <br />$549 <br />$471 <br />$412 <br />$366 <br />$724 <br />$666 <br />$625 <br /> <br />C. Impact Fee Updates. <br /> <br />1. On October 1, 2002, and on October 1 of each year thereafter in which the Municipal <br />Facilities Impact Fee is in effect, the amount of the Municipal Facilities Impact Fee, <br />per residential unit, and per 1,000 square feet of gross floor area for non-residential <br />development, shall be automatically adjusted to account for inflationary increases in <br />the cost of providing public facilities utilizing the most recent 20-city annual national <br />average data from the Engineering News Record Construction Cost Index. <br /> <br />2. In lieu of this automatic annual adjustment, the Commission may, at its option, <br />determine the appropriate adjustment pursuant to a report provided by the Office of <br />the City Manager. <br /> <br />Municipal Facilities Impact Fee Ord <br />Legislative/Ordinances! Attorney <br />7/18/01 -- 11:45 AM <br /> <br />15 <br />