TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Planning and Community Development
Carol Helland
425-556-2107
Planning and Community Development
Beverly Mesa-Zendt, Interim Deputy Planning Director
425-556-2423
DEPARTMENT STAFF:
Planning and Community Development
Judy Fani
Principal Planner
Planning and Community Development
Caroline Chapman
Senior Planner
TITLE:
title
2021 Annual Indexing of Development Impact Fees
OVERVIEW STATEMENT:
recommendation
Impact fees are one-time charges collected by the City of Redmond from new commercial and residential developments. Staff will describe the methodology applied to the annual indexing of the City's impact fees as required by RMC 3.10, and seek comments and questions on the 2021 impact fee recommendation. One or more Lake Washington School District (LWSD) representatives will be present to address any questions related to school impact fees. The school impact fee calculates a proportionate share of the costs of school-related system improvements that are reasonably related to new development. The City of Redmond has collected and distributed these fees to LWSD under a 2006 interlocal agreement with the District.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
N/A
* Required:
Redmond Municipal Code 3.10 Impact Fees
King County Code 21.A.43.040 - Impact Fee Collection for School Districts
2006 Interlocal Agreement (between the City of Redmond and LWSD) for the Collection, Distribution and Expenditure of School Impact Fees
* Council Request:
N/A
* Other Key Facts:
Annual Indexing is more fully described in Attachment A.
OUTCOMES:
Impact fees:
* Contribute toward funding public infrastructure that is needed to accommodate population and employment growth.
* Can only be used to pay for new system improveme...
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