CITY of ALBUQUERQUE
TWENTY SIXTH COUNCIL
COUNCIL BILL NO. R-25-209 ENACTMENT NO. ________________________
SPONSORED BY: Dan Lewis
RESOLUTION
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Amending The City Of Albuquerque Component Capital Implementation Program To Include A Roadway Facilities Project, McMahon Boulevard Between Kayenta Street And Universe Boulevard Northwest (Lewis)
body
AMENDING THE CITY OF ALBUQUERQUE COMPONENT CAPITAL IMPLEMENTATION PROGRAM TO INCLUDE A ROADWAY FACILITIES PROJECT, MCMAHON BOULEVARD BETWEEN KAYENTA STREET AND UNIVERSE BOULEVARD NORTHWEST.
WHEREAS, Chapter 5 Article 8 Section 3 the "Development Fees Act" of the New Mexico Annotated Code authorizes local governments to adopt impact fee ordinances to collect impact fees based on land use assumptions and capital improvements plans. The fees are collected from private development projects to fund community infrastructure from which a project will benefit; and
WHEREAS, Chapter 5 Article 8 Section 4 of the State Code requires the assignment of impact fees only to capital improvements or facility expansions identified in a capital improvements plan; and
WHEREAS, Chapter 5 Article 8 Section 30 of the Development Fees Act authorizes local governments to periodically update the land use assumptions and capital improvement plans; and
WHEREAS, the City Council adopted ? 14-19 ROA 1995, the Impact Fee Ordinance with the following findings:
1. The City is committed to funding the provision of capital facilities necessary to cure infrastructure deficiencies that exist in developed areas of the City.
2. An impact fee study commissioned by the City Council to develop land use assumptions and guide the establishment of impact fees determined that new development would continue and will place increasing demands on the City to provide additional capital improvements.
3. Impact fees provide a reasonable method of assessing a new development for a portion of the costs for new capital fac...
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