Fiscal Note
For new development, sanitary impact fees are estimated to be $13,239.99 per net acre, or $303.95 per 1,000 square feet, in accordance with Exhibit A. A single-family, R2Z-zoned 3,500 sq ft lot would incur an additional $1,063.83 in impact fees. A 10,000 sq ft lot would have an additional $3,039.50. A medium-density, multi-family development in an R-4 general residential district, with a minimum lot size per unit of 2,000 square feet, would see an increase of $607.90 per unit.
Title
Creating Section 20.08(11) of the Madison General Ordinances to establish the Jeffy Trail Sanitary Sewer Improvement Impact Fee and District, amending Section 4.081(2)(f) and 4.081(4)(b)4. to allow for deferred assessments for specified criteria, and amending Subsections 20.04(12) and 20.09(1) to bring the impact fee ordinance in line with State law.
Body
DRAFTER’S ANALYSIS: This ordinance creates the Jeffy Trail Sanitary Sewer Improvement Impact Fee and District along with a special assessment deferral criteria that will allow for equitable funding for the necessary sanitary sewer improvements in the Jeffy Trail drainage area. The portions of the drainage area that are currently being served by a private lift station will be subject to deferred special assessments, while those undeveloped portions of the area will be subject to impact fees upon their development. This ordinance will allow the City to extend and construct a new sanitary sewer interceptor to serve the future needs of this area. Further information is available in the Public Facilities Needs Assessment for the Jeffy Trail Sanitary Sewer Improvement Impact Fee District prepared by staff, a copy of which is on file in the City Clerk’s Office. This ordinance also makes changes to Sections 20.04(12) and 20.09(1) to update our impact fee language so that it is consist with State law requirements in Wis. Stat. Sec. 66.0617(6)(g), as amended by 2005 Wis. Act 477 and 2007 Wis. Act 44. Currently, Section 20....
Click here for full text