(A) Both population and employment within the Louisville and Jefferson County metropolitan area are growing and creating demands for new residential and nonresidential development. New development creates additional demand and need for public streets and roads.
(B) The protection of the health, safety and general welfare of the citizens of Louisville Metro requires that the public streets and roads be improved to meet the demands for these facilities.
(C) The report titled "System Development Charges for Roadways Report," by Gresham, Smith & Partners, sets forth reasonable methodologies and analyses to determine the impacts of various types of residential development on the public streets and roads, and to determine the cost to improve the public streets and roads through system development charges.
(D) There is both a rational nexus and a rough proportionality between the development impacts created by each type of development covered by this chapter and the transportation systems development charges that such development will be required to pay.
(E) This chapter creates a system by which system development charges for roadways will be used to expand or improve the public streets and roads, so that the payor will receive a corresponding benefit within a reasonable period of time after the charge is paid.
(F) The intent of this chapter is to ensure that adequate public streets and roads are available to serve growth and development in Louisville Metro, so that growth and development bear their proportionate share of the cost of improvements to these facilities.
(G) The intent of this chapter is to create a partnership between the private sector and the public sector for the improvement of public roadways. It is expressly acknowledged that it is not the intent of this chapter to collect any money in excess of the actual amount necessary to offset demands generated by a new development.
(Lou. Metro Ord. No. 66-2006, approved 4-17-2006)