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TABLE OF CONTENTS <br /> INTRODUCTION 1 <br /> PURPOSE OF THE IMPACT FEE STUDY 1 <br /> EXISTING CITY EXACTIONS FOR PARKLAND ACQUISITION 2 <br /> FINDINGS REQUIRED BY GOVERNMENT CODE 66001 3 <br /> Purpose of the Park and Recreation Facilities Impact Fee 3 <br /> Use of the Park and Recreation Facilities Impact Fee 3 <br /> Relationship Between the Use of the Park and Recreation Facilities Impact Fee <br /> and the Type of New Development 3 <br /> Relationship Between the Need for New Park and Recreation Facilities and the <br /> Type of New Development 3 <br /> Relationship Between the Amount of Park and Recreation Facilities Fee Payment and <br /> the Cost of Park and Recreation Facilities 4 <br /> DEVELOPMENT PROJECTIONS 4 <br /> EXISTING FACILITIES 5 <br /> • <br /> EXISTING FACILITY STANDARDS AND VALUATION OF EXISTING SITES • <br /> AND FACILITIES 6 <br /> Total Acreage 8 <br /> Land Value 8 <br /> Improvement Value 8 <br /> Total Cost Per Acre 9 <br /> FEE CALCULATION 9 <br /> Credit for Parkland Dedication 10 <br /> Definitions 11 <br /> PROJECTED PARK IMPACT FEE REVENUE 11 <br /> FUTURE DOCUMENTATION REVIEW AND UPDATES 12 <br /> Annual Inflation Adjustment 12 <br /> Comprehensive Update 13 <br /> COMPARISON OF PARK IMPACT FEE AND CURRENT CITY FEE IN-LIEU <br /> OF PARKLAND DEDICATION 13 <br /> Hausrath Economics Group <br />