Title
Consider a resolution setting the date, time and place for a public hearing regarding proposed amendments to the land use assumptions, the capital improvements plan, and/or the water and wastewater impact fees.
Body
The City last updated the water and wastewater impact fees in April 2012. At that time, the City made a commitment to review the existing impact fees that new customers are charged for tying into the water and wastewater systems every three years. As part of the process to update the impact fees, the City reviewed and updated the existing land use plan, annexation plan, and the water and wastewater system capital improvement/master plans. Since the latest plan updates, there are several projects that will have a direct influence on the new impact fees. These improvements have been included in our Updated Water and Wastewater System Master Plans and in the new impact fee calculation. The current impact fees that are charged to new customers connecting to the City’s water and wastewater system are $3,889 for water and $2,073 for wastewater per Living Unit Equivalent (LUE). A presentation of the draft report of the proposed impact fees was made to the City’s Capital Improvement Advisory Committee (CIAC) on November 4, 2015 and the final report will be presented to the CIAC on December 2, 2015. The committee’s comments will be addressed in the final report.
A public hearing for the proposed water and wastewater impact fees will be held on December 17, 2015 at 5 p.m. to consider the amendment of land use assumptions, a capital improvements plan, and imposition of updated impact fees for new or expanded services from the City of Round Rock water and/or wastewater utilities. The proposed impact fee are $4,025 per LUE for water and $2,099 per LUE for wastewater.
Recommended Action
Staff Recommends Approval.