CITY of ALBUQUERQUE
TWENTIETH COUNCIL
COUNCIL BILL NO. R-12-98 ENACTMENT NO. __________________
SPONSORED BY: Trudy E. Jones and Brad Winter
RESOLUTION
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Relating To Capital Projects Funded By Impact Fees; Amending The Adopted Component Capital Improvements Plan (CCIP) Of The City Of Albuquerque (Jones, Winter)
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RELATING TO CAPITAL PROJECTS FUNDED BY IMPACT FEES; AMENDING THE ADOPTED COMPONENT CAPITAL IMPROVEMENTS PLAN (CCIP) OF THE CITY OF ALBUQUERQUE.
WHEREAS, the State of NM enabling legislation for impact fees called the "Development Fees Act" requires that impact fees be spent only on capital improvements or facility expansions identified in a capital improvements plan; and
WHEREAS, developers may receive credits against impact fees only for improvements that are listed on the impact fee capital improvements plan; and
WHEREAS, the City has adopted a capital plan for impact fees and named it the Component Capital Improvements Plan (CCIP); and
WHEREAS, the City Council last amended the CCIP as part of adoption of the 2011 General Obligation Bond Capital Program in F/S R-11-183; and
WHEREAS, the Council has made a determination that the land use assumptions and the CCIP need to be amended; and
WHEREAS, Duncan Associates, in conjunction with Sites Southwest and Parsons Brinkerhoff, has completed a program update of the City's impact fees and land use assumptions; and
WHEREAS, part of the program update includes a revision and expansion of the current CCIP.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. That the tables included in Attachment 1 be adopted as the updated Component Capital Improvements Plan (CCIP) for the period 2012 - 2022.
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