HomeMy Public PortalAbout2014_12_09_R130 Initiating an Amendment to the ZO re Payment In-Lieu Parking Fee The Town of
Leesburg,
Virginia PRESENTED December 9, 2014
RESOLUTION NO. 2014-130 ADOPTED December 9, 2014
A RESOLUTION: AN AMENDMENT TO THE PAYMENT IN-LIEU PARKING FEE FOR
PARKING REQUIREMENTS IN THE H-1, OLD AND HISTORIC
OVERLAY DISTRICT
WHEREAS, adequate parking is essential to the viability of business and tourism in the
downtown historic district; and
WHEREAS, Section 11.4.3 of the Leesburg Zoning Ordinance provides that developers
within the H-1, Old and Historic Overlay District may provide a portion or all required off-street
parking by means of an in-lieu payment to a town parking fund, such payment to be based on a fee
established by resolution of the Town Council; and
WHEREAS, an in-lieu fee of$1,600.00 per parking space was established on June 26, 1985,
and subsequently increased to $3,000.00 per parking space on January 14, 1987 to reflect the cost of
constructing public parking in lieu of required private spaces; and
WHEREAS, Section 11.4.3 of the Leesburg Zoning Ordinance expressly states that the
amount of the fee should be updated from time to time; and
WHEREAS, Town staff has analyzed the potential cost of providing public parking in the
H-1 District and has determined that the cost of a parking space has risen substantially based on
increased land and development costs in 2014; and
WHEREAS,the Consumer Price index has risen 109%between January 14, 1987 and
September 1, 2014, meaning the value of$3,000.00 in 1987 is equivalent to $6,270.00 today; and
WHEREAS, an update to the established payment in-lieu fee is necessary to capture this rise
in the cost of providing public parking under current costs and conditions based on the Consumer
Price Index.
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A RESOLUTION: AN AMENDMENT TO THE PAYMENT IN-LIEU PARKING FEE FOR
PARKING REQUIREMENTS IN THE H-1, OLD AND HISTORIC
OVERLAY DISTRICT
THEREFORE, RESOLVED, by the Council of the Town of Leesburg in Virginia that:
SECTION 1. The current fee of$3,000.00 per parking space as a payment in-lieu for
providing required off-street parking within the H-1 Old and Historic District is hereby amended to
$6,270.00 per parking space.
SECTION 2. The payment in-lieu fee shall be adjusted annually on January 1st of each year
to reflect the latest Consumer Price Index figures.
SECTION 3. Funds derived from such fees shall be deposited by the Town in a special
account to be used exclusively for the purpose of planning, designing, acquiring and developing
public off-street parking facilities in the H-1, Old and Historic Overlay District.
PASSED this 9th day of December, 2014.
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assn C. Umstattd, Mayor
Town of Leesburg
ATTEST:
1,14 e
Clerk of o P
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