City of Albuquerque
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File #: R-23-157   
Type: Resolution Status: Enacted
File created: 8/7/2023 In control: Finance & Government Operations Committee
Final action: 9/6/2023
Enactment date: 9/26/2023 Enactment #: R-2023-074
Title: Amending The City Of Albuquerque Component Capital Implementation Program To Amend The Project Value For The Ventura Street And Holly Avenue Traffic Circle Project (Bassan)
Sponsors: Brook Bassan
Attachments: 1. R-157
Date Action ByActionResultAction Details
9/26/2023 City Clerk Published  Action details
9/20/2023 Mayor Signed by the Mayor  Action details
9/12/2023 City Council Sent to Mayor for Signature  Action details
9/6/2023 City Council PassedPass Action details
8/21/2023 City Council Accepted with a Recommendation Do Pass  Action details
8/14/2023 Finance & Government Operations Committee Sent to Council with a recommendation of Do PassPass Action details
8/7/2023 City Council Introduced and Referred  Action details
8/7/2023 President Referred  Action details
CITY of ALBUQUERQUE
TWENTY FIFTH COUNCIL


COUNCIL BILL NO. R-23-157 ENACTMENT NO. __________________

SPONSORED BY: Brook Bassan


RESOLUTION
title
Amending The City Of Albuquerque Component Capital Implementation Program To Amend The Project Value For The Ventura Street And Holly Avenue Traffic Circle Project (Bassan)
body
WHEREAS, the City Council adopted ?14-19 ROA 1994, the Impact Fee Ordinance with the following findings:
1. That the City is committed to funding the provision of capital facilities necessary to cure any deficiencies that may exist in already 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 will continue and will place increasing demands on the City to provide additional capital improvements, and
3. That impact fees provide a reasonable method of assessing a new development for a portion of the costs for new capital facilities and improvements to existing facilities that in accordance with applicable law are rationally related to the new development; and
WHEREAS, ?14-19-19 ROA 1994, establishes one road impact fee service area, encompassing all of the land within the City limits with the exclusion of the area within Mesa Del Sol; and
WHEREAS, ?14-19-13 ROA 1994 adopts recommendations and the impact fee schedule established through the September 13th 2012 Impact Fee Study that:
1. Restricts road impact fees to cover only the cost of capacity expansions to City-maintained arterial streets,
2. Establishes a consumption-based impact fee system where roadway impact fees are founded on an average cost for providing new roadway capacity and improving existing facilities, and
3. Derives the impact fee schedule for roadways that are eligible to receive impact fees using an average cost model; a model type that can be amended without affecting the basis for the impact fee ...

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