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HomeMy WebLinkAbout16-02-CIAC RESOLUTION 16-02-CIAC A RESOLUTION CONVEYING THE SEMI-ANNUAL REPORTS OF THE CAPITAL IMPROVEMENTS ADVISORY COMMITTEE, RELATIVE TO THE PROGRESS OF THE CAPITAL IMPROVEMENTS PLAN AND THE IMPOSITION OF IMPACT FEES FOR THE PERIOD OF OCTOBER 1, 2015 THROUGH MARCH 31, 2016. WHEREAS, the City Council of the City of Euless, Texas, has adopted Water and Wastewater Impact Fees and is operating under a Capital Improvements Plan as required by Chapter 395 of the Texas Local Government Code for the imposition of impact fees for water and sanitary sewer improvements; and WHEREAS, the City Council, in compliance with Chapter 395, has appointed a Capital Improvements Advisory Committee to monitor and evaluate implementation of the Capital Improvements Plan; and WHEREAS, Chapter 395 requires the Capital Improvements Advisory Committee to file semi-annual reports to the City Council with respect to the progress of the Capital Improvements Plan and any perceived inequities in implementing the Plan or imposing the impact fees; and WHEREAS, the Capital Improvements Advisory Committee has monitored and evaluated the implementation of the Capital Improvements Plan and imposition of impact fees; NOW THEREFORE BE IT RESOLVED BY THE CAPITAL IMPROVEMENTS ADVISORY COMMITTEE OF THE CITY OF EULESS, TEXAS: SECTION 1 . That adequate progress is being made to implement the Capital Improvements Plan for providing facilities necessitated by and attributable to new development. SECTION 2. That the Capital Improvements Advisory Committee finds no inequities in implementing the Capital Improvements Plan or imposing the impact fees. SECTION 3. That the Capital Improvements Advisory Committee finds that the impact fees are being collected and that all funds collected are maintained in accordance with the law. SECTION 4. That the City Council adopted Ordinance No 1992 on April 9, 2013 approving updated Land Use Assumptions, Capital Improvements Program and Impact Fee Program in accordance with Texas Local Government Code. SECTION 5. That the semi-annual reports, attached hereto as Exhibit A and accompanying Tables and staff memos, are hereby conveyed to the City Council of the City of Euless, Texas, for its information. PASSED AND ADOPTED THIS 17th DAY OF MAY 2016. Ric and cNeese, Chairm. Resolution 16-02-CIAC, Page 2 of 2 EXHIBIT A SEMI-ANNUAL REPORT OCTOBER 1, 2015 THROUGH MARCH 31, 2016 BY THE CAPITAL IMPROVEMENTS ADVISORY COMMITTEE May 17, 2016 PURPOSE This semi-annual report was prepared by the Capital Improvements Advisory Committee to advise the City Council of the progress of Water and Wastewater Impact Fees and the Capital Improvements Plan, as well as, any perceived inequities found in implementing the Plan or imposing the impact fees. It is intended to satisfy the requirements of Chapter 395 of the Local Government Code. LAND USE ASSUMPTIONS The Land Use Assumptions, adopted by City Ordinance No. 1992 on April 9, 2013 provides a description of the City’s water and wastewater service area, as well as, projections of changes in land use densities a nd intensities, and projections of population changes in the service area. The Land Use Assumptions have been deemed appropriate for use as the basis for the Capital Improvements Plan (CIP). CAPITAL IMPROVEMENTS PLAN: WATER AND WASTEWATER Appendices A and B of the 2013 Water and Wastewater Impact Fee Review and update show eligible existing facility costs and eligible proposed facility costs identified in the CIP adopted for water and wastewater. Pages 1 0-13 of the same report describe the Living Unit Equivalency and Maximum Impact Fee calculations. The CIP is progressing at a pace that meets the demands of the City of Euless. Additions to the water and wastewater systems will be implemented as development occurs within those areas of the City needing additional capacity. IMPACT FEE CHARGES The impact fee calculations show the actual cost of providing capital improvements needed to maintain the current level of service were $2,955.80 per service unit for water facilities and $1,049.40 per service unit for wastewater facilities. These figures represent the maximum impact fee per service unit that could be charged by the City. Impact fees set by the City Council in April of 2013 were 50% of the maximum impact fee amount allowed. City Council Ordinan ce No. 1992 established impact fees per service unit of $1,477.90 for water facilities and $524.70 for wastewater facilities. The Fees charged for both water and wastewater facilities are based on water meter size, with a 5/8” water meter considered one s ervice unit. Wastewater impact fees are not charged when water meters are installed for water that will not enter the wastewater system, such as landscape irrigation. The Ordinance established the following impact fees: Meter Size (inches) Water Sewer Total 5/8” or 3/4” $1477.90 $524.70 $2,002.60 1” $3,694.75 $1,311.75 $5,006.50 1.5” $7,389.50 $2,623.50 $10,013.00 2” $11,823.20 $4,197.60 $16,020.80 3” $35,469.60 $12,592.80 $48,062.40 4” $62,071.80 $22,037.40 $84,109.20 6” $135,966.80 $48,272.40 $184,239.20 8” $236,464.00 $83,952.00 $320,416.00 IMPACT FEE ASSESSMENT, COLLECTION, AND DISBURSEMENT From October 1, 2015 through March 31, 2016 impact fees collected were $189,171.14 for water and $61,127.55 for wastewater. Impact fee funds disbursed from the accounts during this time period totaled $182,586.00. During this period, these impact fees were allocated for the following: Water Tower Debt Payment (Project WT0101) for $122,742.00; and Reclaimed Water Line Extension Debt Payment (Project WT1403) for $59,844.00. CONCLUSION The Capital Improvements Advisory Committee finds that for the time period in cluded in this report, no inequities were created in imposing the impact fees and the fees were properly approved by the City Council through Ordinance No. 1992. The assessment and collection of water and wastewater impact fees was in accordance with the guidelines of Ordinance No. 1992, and Chapter 395 of the Texas Local Government Code. All money collected was deposited into separate interest bearing accounts reserved for impact fees. M E M O R A N D U M TO: Mike Collins, Director of Planning and Economic Development FROM: Ross Fairclo, Accountant II DATE: May 17, 2016 SUBJECT: Impact Fee Funds Impact Fees are recorded into two separate funds. The amount of funds available in the Water Impact Fee Fund as of March 31, 2016 was $1,496,653. A portion totaling $1,444,064 was invested in interest bearing accounts with $444,064 available immediately and the remainder available within 14 months. The amount of funds available in the Wastewater Impact Fee Fund as of March 31, 2016 was $540,689. A portion totaling $502,021 was invested in interest bearing accounts and was available immediately. City of Euless Impact Fee Revenues and Expenses October 1, 2015 - March 31, 2016 Revenues Fund 505 - Water Impact Fees Fund 508 - Wastewater Impact Fees Impact Fees 189,171.14$ Impact Fees 61,127.55$ Interest Income 1,268.22$ Interest Income 581.98$ Total Revenues 190,439.36$ Total Revenues 61,709.53$ Expenses Project WT0101 - Water Tank Debt Payment Project WW0605 - TRA Sewer Payment Transfer to Debt 20,457.00$ 10/1/2015 TRA Sewer Payment -$ Transfer to Debt 20,457.00$ 11/1/2015 Transfer to Debt 20,457.00$ 12/1/2015 Transfer to Debt 20,457.00$ 1/1/2016 Transfer to Debt 20,457.00$ 2/1/2016 Transfer to Debt 20,457.00$ 3/1/2016 Total 122,742.00$ Project WT1403 - Reclaimed Water Line Ext. Debt Payment Transfer to Debt 9,974.00$ 10/1/2015 Transfer to Debt 9,974.00$ 11/1/2015 Transfer to Debt 9,974.00$ 12/1/2015 Transfer to Debt 9,974.00$ 1/1/2016 Transfer to Debt 9,974.00$ 2/1/2016 Transfer to Debt 9,974.00$ 3/1/2016 Total 59,844.00$ Total Expenses 182,586.00$ Total Expenses -$