Title
Approval of an Ordinance Amending Olympia Municipal Code Chapters 15.04, 15.08, and 15.16 Related to Impact Fees
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve an ordinance amending portions of Olympia Municipal Code Chapters 15.04, 15.08, and 15.16 related to impact fees on second reading.
Report
Issue:
Whether to amend an ordinance updating impact fees.
Staff Contact:
Mark Russell, P.E., Deputy Director, Public Works Department, 360.753.8762
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
Background and analysis has not changed from first to second reading.
The Washington State Growth Management Act (GMA) requires that cities plan for growth. One tool that cities can use to respond to growth are impact fees for new developments. These fees are a funding mechanism that help the City build new transportation and parks infrastructure, as well as help Olympia School District (OSD) build infrastructure.
Transportation Impact Fees:
Olympia has used transportation impact fees since the 1990s to help fund infrastructure improvements. Historically, these projects have focused on increasing capacity on our streets for motor vehicles. Changes are proposed to allow the City to use impact fees to help fund projects that will add capacity to our streets for walking, biking, transit, as well as driving.
This transportation impact fee program update will establish a new project list. The methodology for establishing impact fees has also been revised. The result is a new person trip rate instead of a vehicle trip rate, and new impact fees for different land uses. Depending on the land use, some fees increase, some decrease. The changes will not increase the amount of transportation impact fee revenues collected overall, approximately $1 million annually. Changes to the transportation impact fee rates would go into effect July 1, 2021.
Parks Impact Fees:
Some land use cat...
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