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11 .4 . <br /> (TrYor'PR +SCOTT <br /> l_scryy:ffltmct,? }� COUNCIL AGENDA MEMO <br /> MEETING DATE/TYPES: VOTING SESSION 5-13-14 <br /> DEPARTMENT: Finance <br /> AGENDA ITEM: Adoption of Resolution No. 4225-1434 approving the Impact Fee Report <br /> and adopting a Fee Schedule for Impact Fees pursuant to Arizona Revised Statutes §9- <br /> 463.05 <br /> Approved By: Date: <br /> Director: Woodfill, Mark 05/07/2014 <br /> City Manager: McConnell, Craig Aa„i ipu,(A,,2L -II- <br /> 0 <br /> Item Summary <br /> This item is for adoption of Resolution No. 4225-1434, providing for approval of a fee <br /> schedule for Impact Fees; and the Impact Fee Report that provides the basis for the fees. <br /> Background <br /> To adopt impact fees, the City is mandated to develop an Impact Fee Report consistent <br /> with Arizona Revised Statutes §9-463.05. The legislation requires specific timeframes <br /> between publication, public hearing, and Council consideration of the Impact Fee Report. <br /> This resolution will approve the Impact Fee Report, a mandatory component of the <br /> legislation. <br /> Following adoption of the Resolution, an Ordinance revising the Prescott City Code will <br /> be prepared for Council consideration at a subsequent meeting. The impact fees are <br /> proposed to go into effect August 1, 2014. <br /> Should the Council wish to not assess certain impact fees listed on Exhibit B of <br /> Resolution No. 4225-1434, any such changes should be identified in the motion. The <br /> official record will include the final version of Resolution No. 4225-1434, and Exhibit B <br /> thereto. <br /> Examples of fees (current and proposed) for various types of development are also <br /> attached for information. <br />