Agenda - Council - 04/09/1996 - Laserfiche WebLink

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of these improvements will be borne by the State or will be considered a benefit to existing property owners and paid by general tax base. These impact improvements would include upgrading the roadway to its ultimate section between 142nd Avenue and t53rd Avenue. $ 981.000 Total Development Costs $12,197,900 Determination of Trip Generation from Undeveloped Lands The current Comprehensive Plan projects the following gross acreage of developable property within the city; the majority of this land ties south of 153rd/155th Avenue. Single Family Mixed Residential Commercial/Industrial 781 acres 69 acres 574 acres The following assumptions are being made: · 25% lot coverage for commercial/industrial property · Three single-family units per acre · Seven units per acre for mixed residential · 10 trips per day for single-family unit (Comprehensive Plan) · 8 trips per day for mixed residential (Comprehensive Plan) · 30 trips per 1000 square feet C/I building space (Comprehensive Plan) The above assumptions lead to the following average daily trip (ADT) projections: Single Family Residential Mixed Residential Commercial/Industrial TOTAL 23,430 3,864 187,525 214,819 Determination of Transt~ortation Imnact Fee After having identified the total development-related transportation costs associated with future development of undeveloped land at $12,200,000, and the number of future development-related trips at 215,000 per day, it is possible to conclude an impact fee of $56.70 per trip be collected. Using the trip generation rates suggested by the land use information in the transportation portion of the 1990 Comprehensive Plan Amendment, the following impact fees could be justified. Single Family Residential Mixed Use Residential Commercial/Industrial $567 per unit $453 per unit $1,701 per 11300 square feet I I I I I I I I I I I I I I I I I