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<br /> <br />ECC <br />UGENE ITY OUNCIL <br />AIS <br />GENDA TEM UMMARY <br /> <br /> <br /> <br /> <br />Adoption of Resolution Adopting Inflationary Adjustments to Systems <br />Development Charges for Parks System, Local Wastewater System, <br />Stormwater System, and Transportation System <br /> <br /> <br /> <br />Meeting Date: June 24, 2013 Agenda Item Number: 2C <br />Department: Public Works Staff Contact: Nancy Burns <br />www.eugene-or.gov Contact Telephone Number: 541-682-6887 <br /> <br /> <br /> <br />ISSUE STATEMENT <br />The City Council is asked to approve a resolution adopting cost adjustments to Systems <br />Development Charges (SDCs) for the parks, local wastewater, stormwater, and transportation <br />systems. The proposed adjustments follow adopted policy for implementing periodic adjustments <br />to SDCs based on adopted cost indices. The current proposal reflects a two-year adjustment <br />period. <br /> <br />Section 2.4 of the SDC Methodologies requires that revisions to fees by more than five percent <br />shall be established by resolution of the City Council. <br /> <br /> <br />BACKGROUND <br />Council Action History <br />Effective May 7, 2007, the council adopted the System Development Charges (SDC) Methodologies <br />by Resolution No. 4900. Resolution No. 4900 was most recently amended by the council through <br />Resolution Nos. 4929, 4977, and 4991. <br /> <br />Cost adjustments to the local wastewater, stormwater, and transportation SDCs have most <br />recently been adopted by Administrative Order No. 58-11-01-F, effective June 1, 2011. Cost <br />adjustments to the parks SDCs have most recently been adopted by Resolution No. 5031, effective <br />June 1, 2011. <br /> <br />This action is being placed on the Consent Calendar because the resolution adopts standard <br />periodic adjustments following policies and procedures previously adopted by the council. <br /> <br />Financial Considerations <br />SDCs provide a funding mechanism to account for the costs and value of infrastructure system <br />capacity required by new development. The SDC Methodologies adopted by the council provide <br />for periodic adjustments to SDCs to further account for changes in construction and land costs. <br />Periodic adjustments allow SDCs to more closely reflect current costs of providing system capacity <br />to new development. <br /> S:\CMO\2013 Council Agendas\M130624\S1306242C.doc <br /> <br />