Title
Consider a presentation regarding, and a resolution approving the Capital Improvements Plan Progress Semi-Annual Report regarding Roadway Impact Fees from Capital Improvements Advisory Committee.
Body
BACKGROUND:
The City Council approved the Roadway Impact Fee Ordinance on March 14, 2019, and formally updated in May 2024, satisfying the required update to the land use assumptions and capital improvement plan.
This item is the recommendation concerning the semi-annual Roadway Impact Fee report consistent with Section 395.058 of the Texas Local Government Code.
DATE OF REVIW: November 20, 2024
STAFF REVIEW AND ANALYSIS:
The City Council approved the Roadway Impact Fee Ordinance on March 14, 2019, with a delayed start in fee collection. Phase 3 of fee implementation went into effect on January 1, 2024.
• Grace Period No Fee (Building permit before January 1, 2021)
• Phase 1: 30% Residential, 20% Non-Residential (Final Plat before January 1, 2022)
• Phase 2: 45% Residential, 25% Non-Residential (Final Plat before January 1, 2024)
• Phase 3: 60% Residential, 30% Non-Residential (Final Plat on or after January 1, 2024)
• Phase 4: new max fees go into effect in Service Area A and Service Areas B-D.
60% Residential, 30% Non-Residential (Final Plat on or after January 1, 2025)
On November 2, 2023, the City Council approved the City of Round Rock, Texas 2023 Roadway Impact Fee Study Update. On November 16, 2023, City Council approved amending the City of Round Rock Code of Ordinance implementing the recommendation from the 2023 Update. In March 2024 the 2023 Update was updated to address some project limits and classifications, that did not affect the roadway impact fee calculation or land use assumptions in the 2023 Study.
RECOMMENDED MOTION:
Recommend approval of the Roadway Impact Fee Semi-Annual Report for presentation to City Council.