CITY OF GRAND JUNCTION, COLORADO
RESOLUTION NO. 14-13
A RESOLUTION AMENDING THE DEVELOPMENT FEE SCHEDULE MODIFYING THE TRANSPORTATION CAPACITY PAYMENT SCHEDULE
RECITALS:
Pursuant to Section 21.06.101(B)(2) Transportation Capacity Payment (TCP) and Right-of-Way Improvements 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 commercial and industrial be increased to $2,554 over three years.
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.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO:
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.
2. These fee increases shall be effective April 1, 2013, April 1, 2014 and April 1, 2015.
ADOPTED AND APPROVED THIS 6th day of March, 2013.
/s/: Bill Pitts
ATTEST: President of the Council
/s/: Stephanie Tuin
City Clerk
Exhibit A