TO: Committee of the Whole - Parks and Environmental Sustainability
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Parks
Loreen Hamilton
425-556-2336
DEPARTMENT STAFF:
Parks
Cameron Zapata
Senior Parks Planner
Parks
Lindsey Falkenburg
Parks Planning Manager
TITLE:
title
Park Impact Fee Study Update
OVERVIEW STATEMENT:
recommendation
A comprehensive update to the Parks Impact Fee study has been initiated with the hired consultant, FCS Group, leading this effort. Staff has been compiling the data necessary for FCS Group's analysis, including a full inventory of existing park assets and an updated list of capital improvement program projects with current cost estimates. The next phase of the study will focus on FCS Group's evaluation of the data and development of recommended methodologies for updating the City's park impact fee rates.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
2023 Park, Arts, Recreation, Culture and Conservation (PARCC) Plan
* Required:
N/A
* Council Request:
N/A
* Other Key Facts:
Parks last updated impact fees in 2017 and the existing methodology must be re-evaluated to ensure it remains consistent with best practice, anticipated growth patterns, and park system usage.
OUTCOMES:
Impact fees are one-time charges collected when development occurs. Park impact fees specifically support public parks and help expand the park system to keep pace with the City's growing population. By updating the Park impact fee rates, the fees collected will better align with the City's current Capital Improvement Plan (CIP) projects and our updated population growth projections. This ensures that new development contributes its fair share toward park facilities and amenities needed to serve both current and future residents.
COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:
* Timeline...
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