HomeMy WebLinkAbout2019-010 Inflation Adjustment to Impact FeesFees;
CITY OF CHUBBUCK, IDAHO
RESOLUTION NO. 2019- 10
A RESOLUTION OF THE CITY OF CHUBBUCK, IDAHO,
UPDATING IMPACT FEES FOR THE INFLATION ADJUSTMENT
WHEREAS, Chapters 17.24 and 17.28 of the Chubbuck Municipal Code adopted Impact
WHEREAS, the Impact Fee Committee has recommended no adjustments to the impact
fees for 2020 (other than the inflationary adjustment that is automatic);
WHEREAS, Section 17.24.120 as to Police and Emergency Services and 17.28.120 as to
Park Impact fees provide for an automatic adjustment on January 1, 2020 for the inflation
increases in the cost of providing the respective services or facilities to serve new development
utilizing the municipal cost index as published by "American Cities And County Magazine";
WHEREAS, that municipal cost index inflation adjustment for 2019 is an increase of
.5%;
NOW, THEREFORE, be it resolved by the City Council of the City of Chubbuck that the
Impact fees shall be adjusted for this inflation factor resulting in the following fees effective
January 1, 2020:
Police impact fee schedule per unit:
Residential:
Single Family Residential $ 232.72
Multi -Family Residential $155.63
Non -Residential
General Commercial per 1,000 sq. ft. $ 373.47
Office per 1,000 sq. ft. $47.96
Institutional per 1,000 sq. ft. $68.26
RESOLUTION - Page L
chubbuck 120519 impact fee res
Emergency Services Impact Fee per unit:
Residential:
Single Family Residential $ 275.38
Multi -Family Residential $244.67
Non -Residential
General Commercial per 1,000 sq. ft. $ 309.67
Office per 1,000 sq. ft. $146.14
Institutional per 1,000 sq. ft. $4395
Parks and Recreation Impact Fee per Household:
Single Family Residential $1,809.00
Multi -Family Residential $1,686.39
Effective April 1, 2020
Single Family Residential $1,994.93
Multi -Family Residential $1,860.26
Effective April 1, 2021
Single Family Residential $2,180.85
Multi -Family Residential $2,033.12
Effective April 1, 2022
Single Family Residential $2,366.78
Multi -Family Residential $2,205.98
PASSED AND APPROVED BY THE MAYOR AND COUNCIL OF THE CITY OF
CHUBBUCK, IDAHO, THIS 19""DAY OFCe,n.�Qir , 2019.
7A X�. &a -
Kevin B. England, MA R
ATTEST:
oe ers, CLERK