The City Council hereby finds and declares that:
(A) The city is committed to the funding and provision of capital facilities necessary to cure any deficiencies that may exist in already developed areas of the city.
(B) Such facilities shall be provided by the city using existing funding sources allocated for such facilities, other than impact fees, including, but not limited to, the general fund, general obligation bonds, special assessment districts and metropolitan redevelopment districts.
(C) New development causes and imposes increased demands on public facilities.
(D) The City Council appointed an advisory committee, pursuant to Section 5-8-37 NMSA 1978, to review land use assumptions (LUA), the capital improvements plan (CIP) and the component capital improvements plan (CCIP). The advisory committee reviewed the LUA, the CIP and the CCIP.
(E) The land use assumptions, incorporated in §§ 14-19-1 et seq. by reference, indicate that new development will continue and will place increasing demands on the city to provide additional capital improvements.
(F) New development should pay an amount not to exceed its proportionate share of the capital costs related to the additional capital improvements needed to accommodate that new development.
(G) The City Council finds that the impact fees do not exceed the proportionate share of the cost attributable to new development to maintain the existing level of service currently provided to existing development for each type of capital improvement in each service area.
(H) The City Council, after careful consideration of the matter, hereby finds and declares that it is in the best interest of the general welfare of the city and its residents to impose impact fees upon new development in order to finance capital improvements in the designated service areas for which demand is created by the new development.
(I) The City Council further finds and declares that impact fees provide a reasonable method of assessing new development to ensure that such new development pays a portion of the costs of capital facilities that are rationally related to the new development in accordance with applicable law.
(J) The City Council further finds and declares that such impact fees are equitable, and impose a fair assessment on new development by requiring that new development pay a portion of the cost, and deems it advisable to adopt §§ 14-19-1 et seq. as set forth.
(K) The City Council further finds that there exists a rational relationship between the capital costs of providing capital improvements at the existing level of service and the impact fees imposed on development under §§ 14-19-1 et seq.
(M) The City Council further finds and declares that §§ 14-19-1 et seq. are consistent with both the procedural and substantive requirements of the New Mexico Development Fees Act (Sections 5-8-1 et seq. NMSA 1978).
(N) The City Council has carefully considered the Report prepared by Integrated Utilities Group, Inc. for the City of Albuquerque titled "Drainage Impact Fee Study Final Report" dated September 2004, and as amended November 2004, and further finds that said Report sets forth reasonable and equitable methodology and assumptions consistent with the New Mexico Development Fees Act for the formulation and imposition of a Drainage Facilities Development Impact Fee Program for the City of Albuquerque.
(O) The City Council has carefully considered the land use assumptions and capital improvements plan report (Impact Fee Study) dated September 2012, prepared by Duncan Associates for the City of Albuquerque titled "Impact Fee Land Use Assumptions and Capital Improvements Plan, 2012-2022," and further finds that said Impact Fee Study sets forth reasonable and equitable methodologies and assumptions consistent with the New Mexico Development Fees Act for the update of the road, park, open space, trail, fire and police impact fees for the City of Albuquerque.