RESOLUTION NO. 187-07

A RESOLUTION AMENDING THE DEVELOPMENT FEE SCHEDULE MODIFYING THE TRANSPORTATION CAPACITY PAYMENT SCHEDULE

RECITALS:

 Pursuant to Section 6.2.B.2.d of the Zoning and Development code, the Transportation Capacity Payment ("TCP") fees shall be set by City Council. Minimally, the TCP is to be adjusted annually for inflation by Consumer Price Index for All Urban Consumers (CPI-U), Western Region, size B/C, published monthly by the United States Department of Labor. Based on CDOT Construction Index, Staff recommends the fee for single family residential be increased to $2,554 and all commercial and industrial fees be increased a proportionate amount.

 The fees stated and described herein are found to be in an amount bearing a reasonable relationship to the cost of providing services, protecting the public and their facilities from degradation and/or exacerbation of public problems due to growth.

 The City Council finds that there is a reasonable, demonstrable connection between the fees, charges and dedications and the public benefit and protection of the public health safety and welfare that is had by imposing the same on new growth and development. The community, in which the growth and development is occurring, is benefited as a whole by the receipt and expenditure of such revenues.

NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION THAT:

 The Development Fee Scheduled is hereby amended as follows:

 1. The attached Exhibit A is adopted as the Transportation Capacity Payment Schedule and replaces the previously adopted fee schedule as it appears in the Zoning and Development Code in Table 6.2.A. The remainder of Table 6.2.A concerning the factor set forth for each land use type shall remain in full force and effect.

 2. The fee increases for residential shall be effective July 1, 2008; fees for commercial projects shall increase January 1, 2009 if this resolution is not amended prior to that date.

PASSED and ADOPTED this 19th day of December, 2007.

             /s/ James J. Doody    

President of the Council

ATTEST:

/s/ Stephanie Tuin  

City Clerk

Exhibit A