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Item 3C: Approval of Parks SDC Cost Adjustment
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Item 3C: Approval of Parks SDC Cost Adjustment
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5/9/2011
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<br />ATTACHMENT A <br />RESOLUTION NO. XXXX______ <br /> <br /> <br />A RESOLUTION ADOPTING INFLATIONARY ADJUSTMENTS TO <br />SYSTEMS DEVELOPMENT CHARGES FOR PARKS SYSTEM AND <br />AMENDING RESOLUTION NO. 4900. <br /> <br /> <br /> <br /> The City Council of the City of Eugene finds as follows: <br /> <br />A. <br /> The System Development Charge (SDC) Methodologies were adopted by <br />Resolution No. 4900 effective May 7, 2007. <br /> <br />B. <br /> The SDC Methodologies adopted by Resolution No. 4900 have subsequently been <br />amended by Resolution Nos. 4929, 4977, 4991 and 4998. In addition, inflationary adjustments <br />to SDCs have been adopted for: (1) the Regional Wastewater System by Administrative Order <br />No. 58-07-08-F, by Resolution No. 4943, and by Administrative Order No. 58-09-08-F; (2) <br />Local Wastewater System, Stormwater System, and Transportation System by Resolution No. <br />4998, and, effective June 1, 2011, by Administrative Order No. 58-11-01-F; and (3) Parks <br />System by Resolution No. 4998. <br /> <br />C. <br /> Based on the park development/renovation cost adjustment using the Engineering <br />News-Record 20-City national average Construction Cost Index and the park land acquisition <br />cost adjustment using the Lane County Assessment & Taxation office’s published 2010 Sales <br />Ratio Report, it is necessary to adjust the Parks System SDCs by implementing a -4.5% <br />inflationary adjustment to the Parks System SDC for residential development, and an average - <br />7.2% inflationary adjustment to the Parks System SDC for nonresidential development. <br /> <br />D. <br /> Section 2.4 of the SDC Methodologies requires that revisions to fees by more than <br />five percent within any 12-month period shall be established by resolution of the City Council. <br /> <br />E. <br /> These inflationary adjustments to the SDCs are in conformity with applicable <br />state law, authorized by EC 7.710(5) and Sections 2.1 and 2.4 of the Methodologies, and should <br />be implemented effective June 1, 2011. <br /> <br /> <br />NOW, THEREFORE,based upon the above findings, <br /> <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a <br /> <br />Municipal Corporation of the State of Oregon, as follows: <br /> <br /> Section 1. <br /> The Systems Development Charges for the Parks System are amended by <br />implementing a 4.5% decrease to the Parks System SDC for residential development, and an <br />average 7.2% decrease to the Parks System SDC for nonresidential development as set forth in <br />Exhibit A attached to this Resolution. <br />Resolution – Page 1 of 2 <br />
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