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HomeMy WebLinkAbout2021-02 Capacity Fee IncentiveCITY OF CHUBBUCK, IDAHO RESOLUTION No. 2021- 02 A RESOLUTION OF THE CITY OF CHUBBUCK, IDAHO, ADOPTING A TEMPORARY REDUCTION IN THE WATER AND WASTEWATER CAPACITY FEES AS AN INCENTIVE TO ENCOURAGE HOUSING AVAILABILITY Housing availability has been identified as the number one risk to the Southeast Idaho Economy, which has been impacted not only by the increasing costs of construction but also by the negative impacts of COVID-19. The Chubbuck Impact Area Wastewater Collection Authority ("Authority") has recently adopted a Resolution to merge the Wastewater Capacity Fee (sometimes referred to as a "Connection Fee") for properties lying outside of the Chubbuck City limits but within the Chubbuck Area of City Impact from $5,490 per EDU to a combined capacity fee with the City of $4,133 per EDU based upon a wastewater capacity replacement fee study by FCS Group. The City has agreed to adopt the same fee for inside the City limits and which amount would be $3,588 for collection and $545 for pumping or a combined fee of $4133 per EDU. This however would represent a fee increase from the present fee of $1,000 per EDU for properties inside the City limits. The City currently charges a Water Capacity Fee of $2,250 per EDU. To encourage the availability of housing, the City has reviewed a recommendation to have a temporary Thirty percent (30%) reduction in both the Water and the Wastewater Capacity Fee to $1,575 per EDU for Water and $2,872 per EDU for the Wastewater Capacity Fee for a period of twelve (12) months from the date the Incentive was adopted. RESOLUTION - Page 1. chubbuck 031021 res re incentive.wpd NOW THEREFORE, BE IT RESOLVED: There shall be a Thirty percent (30%) reduction in both the Water and the Wastewater Capacity Fee to $1,575 per EDU for Water and $2,872 per EDU for the Wastewater Capacity Fee for a period of twelve (12) months from April 1, 2021. Effective April 1, 2022, the Capacity Fees shall revert to $2,250 per EDU for Water and $4,133 for Wastewater. PASSED AND APPROVED BY THE MAYOR AND COUNCIL OF THE CITY OF CHUBBUCK, IDAHO, THIS DAY OF MARCH, 2021. Kevin B. fngland, M ATTEST: owers, CLERK RESOLUT[ON - Page 2. chubbuck 031021 res re incentivempd