Item 5: Resolution Adopting Amended SDC Methodologies and Rates

Home Browse Search

the sum of all approved credits and impact reductions for a single system exceed the amount of the SDC assessed for that system for any approved building or development permit. SDCs may be reduced by one or more of the following processes: · Impact Reduction, based on quantified mitigation of demand generated by the development for new identifiable capital improvements; . Credit, based on the specific costs for privately engineered construction of certain public improvements as part of the development; . Credit based on previous payment or use. Adjustment of SDCs due to credits and impactreductions: . Shall not be given for improvements constructed or programs instituted prior to City approval. . Shall be applied up to the maximum SDC fee for each system. . Shall reduce the SDCs paid on building permits at the time of issuance; credit or impact reduction amounts applied will not be greater than the SDC fees. . Shall be applied to a particular system (e.g., Transportation, Stormwater, Wastewater, Parks); credits or reductions approved for a particular system can not be transferred or applied to any other system charges. . Shall be applied to the SDCs for the particular development, may only be further applied to subsequent phases of the same development for which the improvement was constructed or program instituted, and can not be transferred or applied to other properties or developments. 7.1 Impact Reductions or Mitigation Impact reduction will be based on private physical improvements (as defined in Appendix A) constructed as part of the development or based on programs instituted in connection with development, which will reduce the demand from that development for future construction of identifiable capital improvements. Such programs and physical improvements must be privately financed and are intended to be permanent. The anticipated reduction in demand must be demonstrated to the satisfaction of the City Transportation Engineer (for Transportation system impact reductions) or to the City Engineer (for all other system impact reductions). Calculation of impact reduction shall be based on the ratio of the system impact with the program or facility in place, to the system impact if the program or facility did not exist. Prior to application of the impact reduction to the SDCs for the development, the City shall receive assurances that will bind the developer, owner, and the owner's successors as is necessary to ensure that the program or facility will function as planned for the agreed upon time period. Such agreements may include, but are not limited to performance bonds, maintenance programs, annual reports, monitoring and inspections, or other City of Eugene SDc Methodologies