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Prescott City Council <br /> Regular Voting Meeting — October 28, 2008 Page 20 <br /> Councilman Bell said that based on what Mr. McConnell said awhile back, <br /> they would not be delaying projects. Mr. McConnell clarified that it would not <br /> have a dramatic delay in those projects. <br /> Councilman Luzius asked for clarification that if it was approved as <br /> presented, it would be effective January 11, 2009. <br /> Councilwoman Lopas asked if they did not have to consider the first motion <br /> before voting on the impact fees. COUNCILMAN BELL WITHDREW HIS <br /> MOTION; COUNCILMAN ROECKER WITHDREW HIS SECOND. <br /> COUNCILMAN BELL MOVED TO ADOPT THE WATER AND <br /> WASTEWATER CAPITAL IMPROVEMENT PLANS; SECONDED BY <br /> COUNCILWOMAN LOPAS; PASSED UNANIMOUSLY. <br /> Leslie Hoy asked if the fees are delayed, when the next study starts from <br /> Economists.com or another consultant, if the payback to the ratepayers for <br /> that delay get rolled into the next round of impact fees. <br /> Mr. McConnell said that the impact fees are based on a ten-year financing <br /> plan. There is one fund, water or sewer, and within those there are two <br /> sources of revenue—rates and impact fees. Any expense which is made to <br /> implement capital projects requires financing and it is supported by the <br /> rates. When the impact fees do come in, at whatever time during that ten- <br /> year plan, then the ratepayers are paid back. For clarification, Mayor Wilson <br /> suggested that Ms. Hoy and Mr. McConnell discuss this further at a later <br /> time. <br /> Councilman Lamerson asked Mr. McConnell if the six-month delay was <br /> something that was adaptable. Mr. McConnell it was; the six-month delay <br /> can be viewed as a transition period. It is Council's prerogative to make that <br /> decision and Mr. Jackson pointed out repeatedly that the impact fees in the <br /> study are the maximum and the Council has the prerogative to lower the <br /> fees, not impose them, or they could select a different mechanism or change <br /> the date. It will not have a dramatic affect on the capital improvement plan to <br /> defer the fees. On the other hand, they have looked at projects in the <br /> pipeline and the subject of commercial fees is an important one. It does not <br /> take too many commercial meters, with current fee being a number that is <br /> not covering the cost of the demand, so if they had a large number of real <br /> projects in the pipeline the fiscal impact could be dramatic, but that is not the <br /> case. <br /> MOTION PASSED UNANIMOUSLY. <br /> COUNCILMAN BELL MOVED TO ADOPT ORDINANCE NO. 4665-0908, <br /> WITH IMPOSITION OF THE FEES BEGINNING JULY 11, 2009; <br />