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File #: ORD 6688   
In control: City Council Regular Meeting
On agenda: 11/21/2022
Title: Ordinance approving the 2023 Transportation Impact Fee Rate Schedule to reflect updated Institute of Transportation Engineers (ITE) trip generation factors and a base fee rate of $7,490 (Attachment A), to be effective January 1, 2023; retaining a fixed three percent indexing to be applied annually to the rate schedule beginning January 1, 2024; and repealing Ordinance No. 6491.
Attachments: 1. Agenda Memo, 2. A. Ordinance No. 6491 (Adopting current Impact Fee Rate Schedule), 3. Ordinance
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Title

Ordinance approving the 2023 Transportation Impact Fee Rate Schedule to reflect updated Institute of Transportation Engineers (ITE) trip generation factors and a base fee rate of $7,490 (Attachment A), to be effective January 1, 2023; retaining a fixed three percent indexing to be applied annually to the rate schedule beginning January 1, 2024; and repealing Ordinance No. 6491.