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(1) The impact fees established by this Chapter may not exceed the highest fee justified by the written analysis set forth in the Impact Fee Analysis and Impact Fee Facilities Plan (IFFP) adopted by the Municipal Council on December 10, 2019, for public facilities other than wastewater. For wastewater public facilities, the impact fees established by this Chapter may not exceed the highest fee justified by the written analysis set forth in the Wastewater Impact Fee Analysis and Sewer Impact Fee Facilities Plan (IFFP) adopted by the Municipal Council on March 15, 2022.

(2) Impact fee calculations shall include:

(a) the construction contract price;

(b) the cost of acquiring land, improvements, materials, and fixtures;

(c) the cost for planning, surveying, and engineering fees for services provided for and directly related to the construction of system improvements;

(d) debt service charges, if impact fees might be used as a revenue stream to pay the principal and interest on bonds, notes, or other obligations issued to finance the costs of system improvements; and

(e) consideration of public facility costs previously incurred by the City to the extent that new growth and development will be served by the previously constructed public facilities.

(Rep&ReEn 1999-34, Am 2005-09, Am 2018-35, Am 2020-05, Am 2022-10)

1 Code reviser’s note: Ordinance 2022-10, Part IV(D), provides: “This ordinance shall take effect on July 1, 2022.”