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HomeMy WebLinkAbout153-07 RESOLUTION• RESOLUTION NO. 153-07 A RESOLUTION TO EXPRESS THE CITY OF FAYETTEVILLE'S INTENT TO ENACT ROAD IMPACT FEES WHEREAS, the citizens of Fayetteville need substantial additional funds to improve and construct major roads to handle the increasing traffic caused by the City's new development and increasing population; and WHEREAS, our existing citizens have already taxed themselves to provide as much financial help to meet these increasing needs through sales taxes as possible; and WHEREAS, it is only fair that those who move to Fayetteville to take advantage of our economic vitality, our many amenities and our existing transportation network should pay their fair share of the costs to prevent further or increased congestion on our roads; and WHEREAS, the previous road impact fee ordinance can be modified so that it will provide substantial revenue for the construction of new and larger thoroughfares while ensuring that the new development paying this impact fee will not be adversely affected. NOW, THEREFORE, BE IT RESOLVED BY THE CITY. COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS• Section 1: That the City Council of the City of Fayetteville, Arkansas hereby expresses its intent to enact a modified road impact fee and directs city staff to begin work modifying the previous road impact ordinance with input from citizens, developers, aldermen, city administration and other interested parties in an attempt to form consensus on this needed revenue source. PASSED and APPROVED this 23rd day of August, 2007. APPROVED. By: DAN COODY, Mayor ATTEST: By: SON RA E. SMITH, City Clerk/Treasurer AGENDA REQUEST FOR: COUNCIL MEETING OF AUGUST 21, 2007 S /z3/d7 /S3 Odd Imjac reAss FROM: ALDERMAN JORDAN ORDINANCE OR RESOLUTION TITLE AND SUBJECT: A Resolution To Express The City of Fayetteville's Intent To Enact Road Impact Fees APPROVED FOR AGENDA: derman To • a . ate Approved as to form: City Attorr! DATE • • RESOLUTION NO. A RESOLUTION TO EXPRESS THE CITY OF FAYETTEVILLE'S INTENT TO ENACT ROAD IMPACT FEES WHEREAS, the citizens of Fayetteville need substantial additional funds to improve and construct major roads to handle the increasing traffic caused by the City's new development and increasing population; and WHEREAS, our existing citizens have already taxed themselves to provide as much financial help to meet these increasing needs through sales taxes as possible; and WHEREAS, it is only fair that those who move to Fayetteville to take advantage of our economic vitality, our many amenities and our existing transportation network should pay their fair share of the costs to prevent further or increased congestion on our roads; and WHEREAS, the previous road impact fee ordinance can be modified so that it will provide substantial revenue for the construction of new and larger thoroughfares while ensuring that the new development paying this impact fee will not be adversely affected. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby expresses its intent to enact a modified road impact fee and directs city staff to begin work modifying the previous road impact ordinance with input from citizens, developers, aldermen and other interested parties in an attempt to form consensus on this needed revenue source. PASSED and APPROVED this 21st day of August, 2007. APPROVED: ATTEST- By: TTEST • By: By: DAN COODY, Mayor SONDRA E SMITH, City Clerk/Treasurer 119.6907? Clarice Pearman - Res. 153-07 Page 1 From: To: Date: Subject: Attachments: Clarice Pearman Jordan, Lioneld 9.6.07 4:39 PM Res. 153-07 153-07 Road Impact Fees Intent.pdf CC: Audit Alderman Jordan: Attached is a copy of the resolution passed by City Council, August 23, 2007. Please let me know if there is anything else needed for this item. Have a good day. Thanks. Clarice Clarice Buffalohead-Pearman, C.A.M.C., C.M.C. City Clerk/Treasurer Division 113 West Mountain Fayetteville, AR 72701 479-575-8309 coearmanAci.favetteville.ar. us