Title
Consider a resolution authorizing the Mayor to execute a Contract for Engineering Services with Kimley-Horn and Associates, Inc. for a Roadway Impact Fee Study.
Body
Funds are not always readily available for the expansion of the City of Round Rock (CORR) roadway network to meet increasing travel demands resulting from new growth. One method to alleviate this funding challenge is to collect impact fees from new development to help fund expansion of the transportation infrastructure. Impact fees provide a systematic, structured approach to assessment of fees and allows for pooling of funds to implement key system improvements.
The goal of this professional services contract with Kimley-Horn & Associates, Inc. is to evaluate the development and implementation of a Roadway Impact Fee for the CORR. This will provide the CORR with the technical analysis required by Chapter 395 of the Texas Local Government Code to determine the maximum assessable roadway impact fee. The project is broken into two phases: 1) evaluation and analysis and 2) adoption and implementation. Once the evaluation and analysis has been competed, we will access the benefit of moving to adopt and impliment such a plan. The cost of these services is $104,018 and includes administration tools and implementation support through December 2018.
Cost: $104,018.00
Source of Funds: General Self-Financed Construction