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HomeMy WebLinkAbout(0009) M&C 21-0373City of Fort Worth, Mayor and Texas Council Communication DATE: 06/08/21 M&C FILE NUMBER: M&C 21-0373 LOG NAME: 06SEMI-ANNUAL CIAC REPORT APRIL 2021 SUBJECT (ALL) Adopt Semi -Annual Progress Report from the Capital Improvements Advisory Committee for Transportation Impact Fees RECOMMENDATION: It is recommended that the City Council adopt the attached April 2021 Progress Report concerning the status of the Capital Improvements Plan for Transportation Impact Fees from the Capital Improvements Advisory Committee. DISCUSSION: On May 13, 2008, the City Council adopted Transportation Impact Fees via Ordinance No. 18083-05-2008, now codified in City Code at Chapter 30, Article VII. Pursuant to Texas Local Government Code Section 395.058, the Capital Improvements Advisory Committee for Transportation Impact Fees (CIAC) has been appointed to advise and assist the City with the development and implementation of the Transportation Impact Fee Program. The CIAC consists of the City Plan Commission members and alternates, as follows: Place Member Place Member Place Member 1 Vicky 6 Armard Anderson Alternate Jarrett Wilson Schoch 2 Vacant 7 Edward Deegan Alternate Stephanie Spann 3 Jim Tidwell g Donald Boren, Alternate Josh Lindsay Chair 4 Matt Kotter 9 Melissa Konur Alternate Mariana Fletcher EBob Horton Alternate Matthijs Mechiors J The CIAC is responsible for reviewing the Land Use Assumptions and Capital Improvements Plan in the Transportation Impact Fee Study and filing semi-annual reports on the progress of the Capital Improvements Plan, report any perceived inequities in implementing the plan or imposing the Impact Fee, and advise the City Council of the need to update or revise the Land Use Assumptions, Capital Improvements Plan or Impact Fee. The CIAC met on April 28, 2021 to review the status of the Transportation Impact Fee Program through March 31, 2021, and at that time adopted the attached April 2021 Semi -Annual Progress Report. The CIAC does not recommend any changes to the land use assumptions or The Capital Improvement Plan, and recommends adoption of the attached progress report. Since the December 2020 CIAC report, the City has received $10,424,814.76 and has appropriated $11,936,716.44 in Transportation Impact Fee funds. Of the $139,353,884.38 in total revenue received throughout the life of the program, $84,358,907.19 has been appropriated, bringing the total expenditure to 61 % of revenues. There are $29,275,000.00 in anticipated allocations, if all are approved, the expenditures will increase to 85% of the revenues. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that approval of this recommendation will have no material effect on City funds. Submitted for City Manager's Office by. Dana Burghdoff 8018 Originating Business Unit Head: D.J. Harrell 8032 Additional Information Contact: Leonard Mantey 2561