TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Planning and Community Development
Carol Helland
424-556-2107
Planning and Community Development
Beverly Mesa-Zendt, 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. The City's municipal code authorizes the Council to update the rates annually to keep pace with inflation. Staff will continue the discussion with Council on the proposed 2021 impact fees and address questions that arose from the October 20 Council business meeting. Representatives from the Lake Washington School District (LWSD) will be present to address any further questions related to school impact fees.
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:
During the October 20, 2020, Staff Report, Council requested a Study Session to address Council questions related to (1) when baseline impact fees were last updated and (2) a comparison of Issaquah's use of mitigation fees to fund capital needs such as government buildings, police facilities, and bicycle-pedestrian infrastructure.
* Other Key Facts:
Annual Indexing is more fully described in Attachment A.
OUTCOMES:
Impact Fees:
* Contribute toward funding public in...
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