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HomeMy WebLinkAboutO-2306 - Amends Ch. 18C.10, school impact fees (Repealed by 2852)CITY OF MARYSVILLE Marysvi I le, Washington AnJUSfED YEAR SCHOOL IMPACTFEE SCHOOL LIIdiTATiON ADJUSTMENT ik5PACT FEE INDEX FOR CIMITATION BASE YEAR ORDINANCE NO. 2306 AN ORDINANCE OF THE CITY OF MARYSVILLE, WASHINGTON AMENDING MMC 18C.10.010 RELATING TO SCHOOL IMPACT FEES. Section 1. MMC 18C.10.010 is hereby amended to read as follows : Sections: 18C.10.010 18C.10.020 18C.10.030 18C.10.040 18C.10.050 18C.10.060 18C.10.070 Chapter 18C.10 SCHOOL IMPACT FEE Fee required. Impact fee schedule - Exemptions. Service areas established. Impact fee limitations. Fee determination. Credit for in-kind contributions/existing lots. SEPA mitigation and other review. kDJUSTlulENT INDEX COR AOJUSTMENT /wpf/rnv/schfee.ord 1 for the base year" is 135.1 (May, 1997). If for any reason the adjustment index referenced herein shall cease to exist, the director shall determine a successor adjustment index. TABLE 1 Impact Fee Cal cul ation Formul a A. General. The formula in this section provides the basis for the impact fee schedule for each district serving the city of Marysville. District capital facilities plans shall include a calculation of its proposed impact fee schedule, by dwelling unit type, utilizing this formula. In addition, a detailed listing and description of the various data and factors needed to support the fee calculation is included herein and within Chapter 18C.04 MMC, Definitions. B. Determination of Projected School Capacity Needs. Each district shall determine, as part of its capital facilities plan, projected school capacity needs for the current year and for not less than the succeeding five-year period. The capital facilities plan shall also include estimated capital costs for the additional capacity needs, and those costs provide the basis for the impact fee calculations set forth in this section. C. Cost Calculation by Element. The fees shall be calculated on a "per dwelling unit" basis, by "dwelling unit type" as set forth below. ([B(2) x B(3)I - B(l)} X A(1) = Site Acquisition Where : B(2) = Site Size (in acres, to the nearest l/lOth) B(3) = Land Cost (per acre, to the nearest dollar) B(1) = Facility Design Capacity (see MMC 18C.04.020) A(1) = Student Factor (for each dwelling unit type - see MMC 18C. 04.020) The above calculation shall be made for each of the identified grade levels (e.g., elementary, middle, junior high and/or senior high). The totals shall then be added with the result being the "total site acquisition cost element" for purposes of the final school impact fee calculation below. 1. Site Acquisition Cost Element. Cost Element 2. School Construction Cost Element. [C(1) i B(1)I X A(l)l = School Construction Cost Element Where : C(1) = Estimated Facility Construction Cost (see MMC 18C.04.020) B(1) = Facility Design Capacity A(1) = Student Factor (for each dwelling unit type) The above calculation shall be made for each of the identified grade levels (e.g., elementary, middle, junior high and/or senior high). The totals shall then be added and multiplied by the square footage of permanent facilities divided by the total square footage of school facilities, with the result being the "total school construction cost element" for purposes of the /wpf/mv/schfee.ord 2 final school impact fee calculation below. 3. Relocatable Facilities (Portables) Cost Element. [E(1) + E(2)I x A(1) = Relocatable Facilities Cost Element Where : E(1) = Relocatable Facilities Cost E(2) = Relocatable Facilities Student Capacity (see MMC 18C.04.020) A(1) = Student Factor (for each dwelling unit type) The above calculation shall be made for each of the identified grade levels (e.g., elementary, middle, junior high and/or senior high). The totals shall then be added and multiplied by the square footage of relocatable facilities divided by the total square footage of school facilities, with the result being the “total’relocatable facilities cost element” for purposes of the final school impact fee calculation below. D. Credits Against Cost Calculation - Mandatory. The following monetary credits shall be deducted from the calculated cost elements defined above for purposes of calculating the final school impact fee below. D(1) x D(3) x D(2) x A(1) = State Match Credit Where : D(1) = Boeckh Index (see MMC 18C.04.020) D(3) = Square footage of school space allowed 1. State Match Credit. per student, by grade span, by the Office of the Superintendent of Public Instruction D(2) = State Match Percentage (see MMC 18C.04.020) A(1) = Student Factor (for each dwelling unit type) The above calculation shall be made for each of the identified grade levels (e.g., elementary, middle, junior high and/or senior high). The totals shall then be added with the result being the “total state match credit” for purposes of the final school impact fee calculation below. 2. Tax Payment Credit. r(1 + F(I)IY - 1 _. . - x F(2) x F(3) = Tax Credit F(1) (1 + F(1))” Where : F(1) = Interest Rate (see MMC 18C.04.020) F(2) = District Property Tax Levy Rate (see MMC 18C.04.020) F(3) = Average Assessed Value (for each dwelling unit type - see MMC 18C. 04.020) E. Adjustments Against Cost Calculation - Elective by District. Recognizing that the availability of other sources of public funds varies among districts, each district may provide an additional credit against school impact fees which the district determines will provide the best balance in system improvement funding within the district, between school impact fees and other sources of local public funds available to the district. This adjustment nay reduce, but nay not increase, the school impact fee from the amount / /wpf/mv/schfee.ord 3 determined by application of the elements identified above. The adjustment, if any, applied by the district shall be specified within the capital facilities plan adopted by the city. F. Calculation of Total Impact Fee. a development activity shall be the sum of: Total Site Acquisition Cost Element Total School Construction Cost Element Total Relocatable Facilities Cost Element minus the sum of: Total State Match Credit Total Tax Payment Credit Elective Adjustment by District expressed in total dollars per dwelling unit, by dwelling unit type. 2. The total school impact fee obligation for each development activity pursuant to the school impact fee schedule of this chapter shall be calculated as follows: Number of Dwelling Units, by Dwelling Unit Type multiplied by School Impact Fee for Each Dwelling Unit Type less the value of any in-kind contributions proposed by the developer and accepted by the school district, as provided in this chapter. 1. The total school impact fee, per dwelling unit, assessed on NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MARYSVILLE, WASHINGTON DO ORDAIN AS FOLLOWS: s+ PASSED by the City Council and APPROVED by the Mayor this a/ day of I jqq7 . CITY OF MARYSVILLE BY ATTEST : Approve Y as to form: BY Lh+--h GRANT K. WEED, CITY ATTORNEY /wpf/mv/schfee.ord 4 Date of Publication: Effective Date (5 days after publication): /J,2/>7/9+ /WPf/mv/schfee.ord 5