HomeMy Public PortalAboutOrdinance 424 Amending CH. 18 Art. 18-6 Subsection 18-6-40(b) updating Emergancy Service Impact Fees for Land DevelopmentTOWN OF FRASER
ORDINANCE NO. 424
Series 2014
AN ORDINANCE AMENDING CHAPTER 18, ARTICLE 18-6, SUBSECTION 18-6-40(b)
OF THE CODE OF THE TOWN OF FRASER BY ADOPTING UPDATED
EMERGENCY SERVICES IMPACT FEES FOR LAND DEVELOPMENT
ACTIVITY REQUIRING ADDITIONAL EMERGENCY SERVICES
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
TOWN OF FRASER, COLORADO, THAT:
PART 1: AMENDMENT OF TOWN CODE. Chapter 18, Article 18-6, Subsection 18-6-40(b) of
the Code of the Town of Fraser, Colorado (herein sometimes referred to as the "Town Code") is
hereby amended in its entirety to read as follows:
Section 18-8-40. Impact Fee Amount.
(b) Pursuant to the East Grand Fire Protection Study of Fiscal Impact, prepared June 30`h 2014
by Economic & Planning Systems Inc., the Impact Fees and formulas are as follows:
Residential Impact Fee:
Present cost of future expenditures: $2,466,000'
Multiplied by the share attributed to new growth: 33%'
Equals the net cost (allocation) to new growth: $816,000
Plus the projected construction cost of a new station: $ 1,200,000'
Equals new growth's share of net capital costs: $2,016,000
Divided by expected residential units of new growth: 3,498'
Plus commercial square footage converted to
"Single Family Equivalents" 2: 674
4,172
Equals the Impact Fee:
$483
Commercial Impact Fee:
The impact fee for commercial development is determined by multiplying the total
square footage of a proposed development by $0.268 2
[proposed building square footage x $0.268 = Commercial Impact Fee]
'Determined in the Fiscal Impact Study
2 A Single Family Equivalent Unit is arrived at by dividing the Impact Fee by the average
residential unit size which in the study was determined to be 1,800 square feet.
PART 2: REPEAL. Any and all existing ordinances or parts of ordinances of the Town of
Fraser covering the same matters as embraced in this Ordinance are hereby repealed and all
ordinances or parts of ordinances inconsistent with the provisions of this ordinance are hereby
repealed; provided, however, that such repeal shall not affect or prevent the prosecution or
punishment of any person for any act done or committed in violation of any ordinance hereby
repealed prior to the taking effect of this Ordinance.
PART 3: SEVERABILITY. If any section, subsection, sentence, clause or phrase of this
Ordinance is, for any reason, held to be invalid or unconstitutional, such decision shall not affect
the validity or constitutionality of the remaining portions of this Ordinance. The Town of Fraser
hereby declares that it would have adopted this Ordinance, and each section, subsection,
clause or phrase thereof, irrespective of the fact that any one or more sections, subsections,
sentences, clauses and phrases thereof be declared invalid or unconstitutional.
PART 4: EFFECTIVE DATE. This Ordinance shall take effect thirty (30) days after passage,
adoption and publication thereof as provided by law.
READ, PASSED, ADOPTED AND ORDERED PUBLISHED BY THE BOARD OF TRUSTEES
AFTER PUBLIC HEARING AND SIGNED THIS 19th DAY OF NOVEMBER, 2014.
Votes in favor: BOARD OF TRUSTEES OF THE
Votes opposed: TOW F FRA , COLORADO
Votes abstained:
Peggy ayor
ATTEST:
27, 2014.