§ 39-10. Periodic review.

(a)

At least once every three years after the effective date of this chapter, the impact fee administrator shall recommend to the city council whether any changes should be made to the arterial street impact fee schedule to reflect changes in the factors that affect the fee schedule. The purposes of this review are to analyze the effects of inflation on the actual costs of facilities and to ensure that the fees charged new residential and nonresidential development do not exceed the pro rata share of the reasonably anticipated costs of facilities necessitated by new development.

(b)

Before any ordinance is adopted amending the schedule, the mayor shall appoint an impact fee steering committee. The steering committee shall be composed of three representatives of the real estate, development, or building industries who are not employees or officials of a political subdivision or governmental entity, a representative from the public improvements advisory commission, a representative from each of the public works, city development, codes administration and parks and recreation departments, and a representative from the city managers office. An alternate member may be appointed to serve in the place of each of the members by the mayor.

The steering committee shall review and make a recommendation on any proposed amendment to the fee schedule, and will make a recommendation on any other changes to this chapter which are submitted to the committee for review. A quorum of the committee shall be five members.

(Ord. No. 011258, § 1, 9-27-01; Ord. No. 030691, § 1, 6-19-03; Ord. No. 040033, § 1, 1-15-04; Ord. No. 051437, § 1, 2-9-06)