TOWN STAFF REPORT RECOMMENDATIONS
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Receive presentation, discuss, consider and act to approve Resolution 24-71 approving a Professional Services Agreement with Freese and Nichols for a Water, Wastewater, and Roadway Impact Fee Study in an amount not to exceed $118,000 (Cheryl Taylor, P.E., Director of Public Works)
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STAFF: Cheryl Taylor, P.E., Director of Public Works
BACKGROUND:
A Water, Wastewater and Roadway Impact Fee Study will provide the Town of Westlake an opportunity to consider sharing the cost of future public improvements with development, thereby reducing the burden on existing taxpayers.
DISCUSSION:
As a rapidly growing community, the Town of Westlake has an opportunity to consider the implementation of water, wastewater and roadway impact fees that will allow for development to participate in the cost of necessary future improvements to serve the community. An impact fee is a charge or assessment on new development that generates revenue for funding or recouping the costs of capital improvements or facility expansions attributable to new development. It is a tool that can be used to recoup, from property developers, some of the costs that new development places on City infrastructure. Impact fees ensure that those who place additional demand on the roadway, water, and wastewater systems help pay the costs required to meet that demand.
New residential, commercial or industrial development can significantly increase traffic on roadways, water consumption and wastewater volumes. Impact fees are a one-time charge assessed to new development and redevelopment, calculated in accordance with the methodology outlined in Chapter 395 of the Texas Local Government Code. The fees are based on land use assumptions, expected population growth and corresponding capital improvements and expenditures necessary to support that growth. The water, wastewater, and roadway impact fee study will determine the maximum allowable impact fees that may be c...
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