5/15/2013 9:00:00 AM Council to discuss study on impact fees
Prescott Valley Tribune
State legislation that the home-building industry backed is prompting town government officials to consider hiring a consultant to conduct a study on development impact fees.
Senate Bill 1525 prohibits towns and cities from waiving any fees for non-residential development, and provides refund provisions if developers do not complete projects within 10 years.
The law also established service levels and areas, and limited the types of projects in which jurisdictions may impose impact fees.
It also requires jurisdictions to update studies and rate structures by Aug. 1, 2014.
Town officials, who opposed the law, responded by adopting an ordinance Dec. 8, 2011, that staff patterned after a model ordinance that the Arizona League of Cities and Towns devised. Town officials, who favored the waiver on commercial projects to encourage economic development, also passed a resolution to extend the moratorium on fees for commercial projects until SB 1525 goes into effect.
Deputy Town Manager Ryan Judy is advising the Town Council to begin a study, and submitted a proposal from Red Oak Consulting of Denver. Red Oak has proposed budgeting $86,000 for the study, and expects to complete by Aug. 1, 2014.
Judy's report is on the agenda for discussion at a work/study meeting of the council Thursday evening. Also on the agenda for the work/study, in which no action will be taken, is a report from the Parks and Recreation Department on a tournament update from the National Junior College Athletic Association.
The work/study meeting will follow a special meeting of the council that starts at 5:30 p.m. Thursday and takes place in the library auditorium, 7401 E. Civic Circle.
The council will decide whether to approve an application to the Edward Byrne Memorial Justice Assistance Grant program for the Police Department and to listen to an update on repair work at the Mountain Valley Splash pool at Mountain Valley Park.