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Agenda Packet 1-21-20 Public Hearing
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Agenda Packet 1-21-20 Public Hearing
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1/21/2020
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City of Eugene SDC Methodologies - General Methodology <br />Page 13 <br />records). Credits for previous payment or use are provided in the following manner: <br />When redevelopment occurs that does not change the use of a building in its entirety, <br />the credit will be based on the most previous verifiable use; or <br />When an entire building is demolished or when redevelopment occurs that will change <br />the use of a building in its entirety, the credit for previous use will be based on the <br />previous most intense verifiable use per system. In this case, the credit calculation will <br />be performed independently for each system which may result in different periods of the <br />use of the site being the basis of comparison. <br />7.2.5 City Cost of Construction Credit <br />In calculating the credits given under section 7.2.1 and 7.2.2, the City Engineer shall estimate <br />the cost of the capital improvement based upon what the City would pay were it to construct <br />such improvements. <br />7.2.6 Revenue Collection for Equivalent Assessment or Special Benefit <br />Credit <br />When an equivalent assessment or a special benefit assessment is collected when property <br />connects to a public improvement for which the City has granted a credit under 7.2.2 above, the <br />revenue collected (net of the costs of collection) shall be deposited in the SDC fund for the <br />system to which connection was made and for which the credit was given unless the SDC fund <br />has been reimbursed for the credit from other City funds. If the SDC fund has been reimbursed <br />in advance from other City funds, the revenue collected will be deposited to the City fund which <br />reimbursed the SDC fund. <br />7.3 Compact Development Adjustments <br />Compact development adjustments may be granted to reduce the amount owed for a transportation <br />system SDC, as detailed in section 4.4 of the transportation methodology, located in Appendix B to <br />this General Methodology. <br />Commencing with the 2019 fiscal year, and continuing each fiscal year thereafter, the City may grant <br />a base amount totaling $130,000 annually for location-based, transit proximity and transportation <br />demand management adjustments, combined. Each fiscal year there is a change in the rates for the <br />SDCs for residential development, the base amount for that fiscal year shall be adjusted in an <br />amount proportionate to that change. <br />If any portion of the authorized base amount remains unallocated at the end of a fiscal year, that <br />portion shall be added to the authorized base amount for the next fiscal year. <br />7.4 Revocation of Impact Reduction, Credit, or Compact Development Adjustment <br />An impact reduction, credit, or compact development adjustment which has been applied to reduce <br />SDC fees may be revoked and the unpaid portion of the SDC reimposed as a lien against the property, <br />within the time required by these Methodologies, if: <br />The associated reduction program for which an impact reduction has been approved is not <br />January 21, 2020, Public Hearing – Item 1Page 55
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