B.
The purposes of this chapter are to:
1.
Develop a program consistent with the city's comprehensive plan for joint public and private financing of transportation facilities as such facilities are necessitated in whole or in part by development within the city;
2.
Ensure that those transportation facilities necessary to support development shall be adequate to serve the development at the time the development is available for occupancy and use, or within the period established by law, without decreasing current service levels below established minimum standards for the city;
3.
Create a mechanism to charge and collect transportation impact fees to ensure that all new development bears its proportionate share of the capital costs of transportation facilities reasonably related to new development;
4.
Establish standards and procedures so that new development pays a proportionate share of costs for new facilities and services and does not pay arbitrary or duplicative fees for the same impact; and
5.
Increase transparency and reduce uncertainty related to the cost to build necessary new transportation capacity for developers and reduce the administrative burden on the city to identify and collect necessary funding to support new transportation capacity related to development.
C.
The city conducted studies documenting the procedures for measuring the impact of new growth and development on public transportation facilities, including a rate study and associated impact fee study. Based on the foregoing, the city prepared a formula and method of calculating transportation impact fees to serve new development that provides a balance between transportation impact fees and other sources of public funds.
D.
The provisions of this chapter shall be liberally construed to effectively carry out its purposes in the interest of the public health, safety, and welfare.
(Ord. 1301 § 1 (Exh. A), 2025)