Prior to assessing new or amended impact fees, the City shall prepare and adopt an updated CIP for each category of capital improvements.
A. Surcharge: There shall be a nonrefundable surcharge of one percent (1%) of the assessed impact fee for the cost of preparing or updating the CIP(s) which is attributable to determining the associated impact fee. This surcharge is not an impact fee and cannot be reduced by any credits.
B. Preparation By Qualified Professions: The CIP shall be prepared by qualified professions in fields relating to finance, engineering, planning, and transportation in consultation with the Development Impact Fee Advisory Committee.
C. Amending Schedules: Schedules may be amended without revised land use assumptions and CIP(s) at any time prior to the required update provided in subsection B of this section; provided, that they are amended according to changes in construction costs from an approved index.
D. CIP For Each Category: The City shall prepare a CIP for each category of necessary public facility for which an impact fee will be charged that evaluates the need for capital facilities for new development in accordance with Idaho Code section 67-8208.
E. Number Adopted: More than one CIP and associated impact fee study may be adopted, so long as no more than one of each is effective for each category of necessary public facility at any one time. Multiple categories of necessary public facilities may be included in a single CIP and its associated impact fee study.
F. Reservation Of Capacity: The City may reserve capacity in a CIP to serve one or more planned future developments, including capacity reserved through a development agreement. All reservations of existing capacity must be disclosed in the CIP at the time it is adopted.
G. Summary: The impact fee study shall summarize the contents of the CIP(s), and provide the following information:
1. Maps of the proposed service area(s) within which an impact fee is to be assessed.
2. The number of existing and projected equivalent dwelling units for each service area, based upon the land use assumptions.
3. Information regarding all necessary public facilities for which impact fees are to be assessed.
4. Schedules of the proposed impact fees for each necessary public facility, for each service area, on a per equivalent dwelling unit basis, including details of other revenue to be applied. (Ord. 43-16, 12-13-2016, eff. 1-1-2017)