(a)
Impact fees shall be collected and paid at the time of issuance of a building permit and/or application for a water meter for a new development.
(b)
For a new development that received final plat approval before the effective date, impact fees may not be collected on any service unit for which a valid building permit or water meter application is properly submitted within one (1) year after the effective date of this article; except additional impact fees shall be assessed in accordance with section 10-4-62(e) when:
(c)
For land that does not have to be platted, an impact fee may not be collected on any service unit for which a valid building permit or water meter application is properly submitted within one (1) year after the effective date.
(d)
The city shall compute the roadway impact fees to be paid and collected for the new development in the following manner:
(1)
Determine the number of development units for each land use category in the new development using the LUVMET then in effect.
(2)
Multiply the number of development units for each land use category in the new development by the vehicle miles (per development unit) for each such land use category also found in LUVMET then in effect to determine the number of service units attributable to the new development.
(3)
The amount of roadway impact fees to be collected shall be determined by multiplying the number of service units for the new development by the roadway impact fee per service unit for the applicable service area and applicable land use and shall be collected with the issuance of a building permit.
(4)
The amount of the roadway impact fees to be collected shall be calculated as described in section 10-4-33(c) of this article.
(e)
Where an application for a building permit is for a “shell” or speculative building, the amount of the roadway impact fee shall be assessed assuming that the entire building will be used as either “general office,” “light industrial,” or “shopping center” as shown in the LUVMET. Where a subsequent application for a building permit is made for the finish-out of the shell building, or portion thereof, for the ultimate use, an additional roadway impact fee shall be assessed and collected if the ultimate use is different from “general office,” “light industrial,” or “shopping center.”
(f)
An applicant may submit an alternative service unit computation based upon a trip generation study as defined by the Institute of Transportation Engineers for the proposed land use not included in the LUVMET.
(g)
The city may enter into a payment agreement for impact fees based on administrative guidelines. All impact fees shall be paid prior to the issuance of a building permit or water meter.
(h)
The city shall compute the water and wastewater impact fees by water meter size. The amount of water and wastewater impact fees shall be collected as set forth in section 10-4-33(a) and (b) of this article.
(Ordinance 2021-27 adopted 8/10/21; Ordinance 2022-12 adopted 5/24/22)