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9.3. SR 02-19-2019
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9.3. SR 02-19-2019
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��i <br /> Eof <br /> lk — - Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 9.3 <br /> Agenda Section Meeting Date Prepared by <br /> Work Session February 19, 2019 Brandon Wisner, Stormwater Coordinator <br /> Item Description Reviewed by <br /> Surface Water Management Impact Fee Justin Femrite, P.E.,Public Works Director <br /> Reviewed by <br /> Action Requested <br /> Provide staff with direction regarding the city Surface Water Management Impact Fee. <br /> Background/Discussion <br /> This item is a follow up from December 3, 2018,when the Council was approached by the owners of <br /> ERX regarding the stormwater impact fee they had to pay at time of platting their property. <br /> The fee is collected at time of platting per Resolution 94-110 since its adoption in 1994. The resolution <br /> references the fee and an annual increase of 3%, but does not define the system "impact" or exemptions <br /> for uniqueness of individual plats. The revenue from the stormwater "impact fee" along with stormwater <br /> "utility fee" make up the total annual revenue into the Stormwater Fund as shown here: <br /> 2015 2016 2017 2018 <br /> SW Utility $330,980 $449,510 $457,316 $468,000 <br /> SW Impact $ 22,440 $ 25,536 $ 51,344 $ 37,312 <br /> Staff has reviewed the purpose and intent of each fee. The following are options to consider: <br /> 1. No change to impact or utility fees. <br /> 2. Define conditions to allow for exemptions for plats that neither construct public drainage systems <br /> nor have post development offsite runoff. Adjust the utility fee to make up an expected reduction <br /> in impact fee revenue. <br /> 3. Remove the impact fee and adjust the utility fee to make up the annual revenue difference <br /> (expected 10%increase to utility fee in 2020 which includes our expected 5% annual increase) <br /> Financial Impact <br /> NA <br /> Attachments <br /> ■ Resolution 94-110—Surface Water Management Impact Fee <br /> ■ 2019 Fee Schedule (Surface Water Management Impact Fee portion) <br /> The Elk River Vision <br /> A avelcoming community with revolutionary and spirited resourcefulness, exceptional P U W E H E o s r <br /> service, and community engagement that encourages and inspires prosperity INATUR <br />
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