A. Short title: This chapter shall be known and may be cited as the City of Parma Development Impact Fee Ordinance.
B. Findings: The Parma, Idaho City Council finds that:
1. The City of Parma is experiencing considerable growth and development.
2. The new growth and development occurring within the City of Parma will place ever-increasing demands on the City to provide, improve and expand existing public facilities to serve that new growth and development and the tax revenues generated from that new growth and development often does not generate sufficient funds to provide the necessary improvements and expansion of the public facilities to protect the public health, safety and welfare.
Those users that create the increased demand should bear their proportionate share of the cost of public facilities needed to serve the new growth and development.
C. Authority: Title 67, Chapter 82, Idaho Code.
D. Applicability: This ordinance applies to all new development and construction within the City limits of the City of Parma, Idaho.
E. Purpose: The intent of this chapter is to ensure that new residential and non-residential development bears a proportionate share of the cost of System Improvements; to ensure that such proportionate share does not exceed the cost of such System Improvements required to accommodate new Development; and to ensure that funds collected from new Development are actually used for System Improvements in accordance with the Act. (Ord. 617, 2-14-2023)