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HomeMy WebLinkAboutResolution 3251-08-2005,~: ~~ NO I-Ob-SOS A Resolution A RESOLUTION SETTING A PUBLIC HEARING ON PROPOSED INCREASE IN COLLECTION RATE FOR WATER AND WASTEWATER IMPACT FEES WHEREAS, on May 18, 2004, the Fort Worth City Council approved Ordinance No. 15982 amending water and wastewater land use assumptions and capital improvements plan and establishing impact fee collection schedules, WHEREAS, Ordinance No. 15982 provided for collection of 35% of the total projected cost of implementing the water and wastewater capital improvements plan, WHEREAS, Chapter 395 of the Texas Local Government Code allows a municipality to collect 50% of the projected cost of implementing a water and wastewater capital improvements plan, WHEREAS, the City of Fort Worth is considering increasing the collection rate for water and wastewater impact fees to 50% of the total maximum assessable amount so that new development will pay for a greater portion of the cost of water and wastewater infrastructure to serve the development; WHEREAS, it is proposed that the increases be phased in over atwo-year period commencing January 1, 2006, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS A public hearing will be held at 7 00 p.m. on Tuesday, October 4, 2005, in the City Council Chamber of the City of Fort Worth, 1000 Throckmorton, Fort Worth, Texas for the purpose of considering the following proposed increases in the collection rate for water and wastewater impact fees Effective period Water collection rate Wastewater collection rate Jan. 1 -Dec. 31, 2006 42.5% 35% Jan. 1 -Dec. 31, 2007 50% 42.5% Jan. 1, 2008 -June 6, 2009 50% 50% • li~l~~~ ~ lE~ll (_ ~~ I~ t I Any member of the public has the right to appear at the hearing and present evidence for or against an increase in the collection rate for water and wastewater impact fees. Adopted this ~~'~`_ day of _~U~US~ _______ 2005 tff~~ ATTEST ~~;~~~ ~" ~'~ ,,, • .»Ay Y ~~ ~~ '! ~~ rc By.i ''^ _. ~~ ~^ ~ fir. L ~. Marty Hendrix; ~Gty,4Secretary Y ~ w;4 • • APPROVRD CITY COUNCIL AUG 3 0 2005 ~~~ city secretary of 4$ta City of Fort Worfi~, Texas