CITY of ALBUQUERQUE
TWENTIETH COUNCIL
COUNCIL BILL NO.
R-13-248 ENACTMENT NO. __________________
SPONSORED BY: Dan Lewis
RESOLUTION
title
Relating To Capital Projects; Amending The Adopted Component Capital Improvements Plan (CCIP) Of The City Of Albuquerque (Lewis)
body
RELATING TO CAPITAL PROJECTS; 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 2012 General Obligation Bond Capital Program in R-12-98; and
WHEREAS, during the planning and cost analysis for Special Assessment District 228, the City and consultants, based on previous versions of the CCIP, included impact fee credits for widening of Unser Boulevard to four lanes between Kimmick Drive and Rainbow Boulevard and the construction of the Escarpment Trail in the Petroglyph National Monument into the revenue calculation for the Special Assessment District; and
WHEREAS, during the most recent update to the CCIP, these projects were inadvertently omitted and so are ineligible for impact fee credits; and
WHEREAS, the cost estimates for the Unser Boulevard widening project is $782,685.02 and the cost estimate for the Escarpment Trail project is $56,400; and
WHEREAS, including these projects on the CCIP will not have a significant impact on the City's ability to fund the remaining projects on the CCIP through impact fees and a ...
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