(a) Term. These development impact fee Procedures shall remain in effect unless and until repealed, amended or modified by the Village Council in accordance with applicable State law and Village ordinances and resolutions.
(b) Amendments. This Ordinance, and any ordinance adopting impact fees for any particular category of capital improvements pursuant to this Ordinance, may be amended from time to time by the Village Council, provided, however, that no such amendment shall be adopted without a written report detailing the reasons and need for the amendment; and further provided however that no such amendment shall be undertaken to any particular category of capital improvements pursuant to this Ordinance if the same would have the result of increasing the fee prescribed thereunder if the fee prescribed thereunder had been previously increased twice by an amendment which did not include the review of substantially all of the criteria set forth in subsection (c) hereof unless the then proposed amendment includes such a review.
(c) Annual Review and Report. At least once every year not later than March 1st of each year, beginning in 2021, the Village Administrator or his/her designee shall coordinate the preparation and submission of an Annual Report to the Village Council describing the amount of all development impact fee funds collected, appropriated and spent, by public facility and by service area, during the preceding fiscal year.
(1) The Annual Report may include any or all of the following:
A. Recommendations for amendments, if appropriate, to these procedures or to specific ordinances adopting impact fees for particular capital improvements;
B. Proposed changes to the Comprehensive Plan or plan elements and/or an applicable Capital Improvements Program, including the identification of additional capital improvement projects anticipated to be funded wholly or partially with impact fees;
C. Proposed changes to the boundaries of impact fee districts, if applicable;
D. Proposed changes to impact fee schedules as set forth in the ordinances imposing and setting impact fees for particular capital improvements;
E. An automatic annual impact fee adjustment based on the cost index published by the Engineering-News Record.
F. Proposed changes to level of service standards for particular categories of capital improvements;
G. Proposed changes to any impact fee calculation methodology;
H. Proposed changes to the population, housing, land use, persons per household or non-residential development projections included in the Impact Fee Report and upon which the impact fee amounts have been determined;
I. Other data, analysis or recommendations as the Village Administrator or his designee may deem appropriate, or as may be requested by the Village Council.
(2) The Annual Report may additionally include any or all of the following on an annual basis:
A. Number of zoning permits issued by type of residential or non-residential development;
B. Square footage (gross floor area) of non-residential development, by type;
C. Total amount of impact fees collected, by category of capital improvement and by land use type;
D. The amount of expenditures made from the impact fee account or subaccounts and the purpose for which the expenditure was made, i. e., the description, type and location of the capital improvement project;
E. When the capital improvement project was initiated and when it was (or will be) completed;
F. Whether additional impact fee funds will be appropriated for the same project in the future;
G. Whether supplemental non-impact fee funds have been used for the project and, if so, how much and what percentage;
H. The service area of the capital improvement project;
I. The total estimated cost of the capital improvement project and the portion funded with impact fees;
J. Whether the capital improvement project is in the Village's current Annual Budget or capital improvements program;
K. The estimated useful life of the capital improvement project;
L. The extent to which the capital improvement project is needed to serve new land development;
M. The extent to which the capital improvement project is needed to maintain the existing level of service (LOS) standard and;
N. Such other facts as may be deemed relevant by the Village Council.
(3) The Village Administrator or his/her designee shall submit the Impact Fee Annual Report to the Village Council, which shall receive the Annual Report and which may take such actions as it deems appropriate, including, but not limited to, requesting additional data or analyses and holding public workshops and/or public hearings.
(Ord. 14-20. Passed 9-14-20.)