The city finds, determines and declares that:
(A) The city must expand its transportation system in order to maintain current levels of service if new development is to be accommodated.
(B) The legislature of the state has, through the enablement of land development statutes and police power regulations authorized municipalities to adopt a transportation impact fee ordinance.
(C) The imposition of impact fees is one of the preferred methods of ensuring that development bears a proportionate share of the costs of capital facilities necessary to accommodate such development which is required to promote and protect the public health, safety and welfare of the citizens and residents of municipalities.
(D) Land development will generate traffic demands necessitating either the acquisition of land or the construction of facilities and improvements necessitated by new developments for which the fees are to be levied.
(E) The fees established in this chapter are derived from, are based upon, and do not exceed, the costs of providing new capacity, acquiring additional land, and/or construction of improvements necessitated by the new developments for which the fees are to be levied.
(Ord. 813, passed 6-26-2018)