TO: Committee of the Whole - Planning and Public Works
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Planning and Community Development Seraphie Allen 425-556-2450
DEPARTMENT STAFF:
Planning and Community Development Philly Marsh Interim Deputy Director Planning and Community Development Beckye Frey Interim Long-Range Planning Manager Planning and Community Development Glenn Coil Senior Planner
TITLE:
title
Amending RMC 3.10 - Development Impact Fees, and Amending Contract 5251 - an Interlocal Agreement on the Collection, Distribution, and Expenditure of School Impact Fees with Lake Washington School District No. 414
OVERVIEW STATEMENT:
recommendation
Staff is requesting that Council adopt an ordinance amending RMC 3.10, namely to index transportation impact fees for inflation, as well as adopt a revised school impact fee schedule on behalf of the Lake Washington School (LWSD). Staff is also requesting that they approve an amendment to contract 5251, an interlocal agreement with LWSD regarding the collection of fees in support of this revised school impact fee schedule.
This ordinance will also include proposed amendments that revise the fee schedules for Parks and Fire. These updates are being reviewed by Council in separate processes.
For fire impact fees see CM 26-572.
For Park impact fees, see CM 26-466.
Impact fees are one-time charges collected by the City from new commercial and residential developments to fund fire, park, school, and transportation facilities needed to accommodate growth. Impact fees are authorized in RMC 3.10.
Indexing or updating Redmond’s impact fees annually allows the rates to keep pace with inflation to maintain the purchasing power of these impact fees and to help provide the capital facilities necessary to serve growth in Redmond. RMC 3.10 establishes the indexes and procedures that the City Council may apply annually to index or update Redmond’s impact fees.
Impact fee schedules may also be updated...
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