City of Albuquerque - File #: R-23-157

• File #: R-23-157
• Type: Resolution
• Status: Enacted
• File created: 8/7/2023
• In control: City Council
• 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

Date	Action By	Action	Result
9/26/2023	City Clerk	Published
9/20/2023	Mayor	Signed by the Mayor
9/12/2023	City Council	Sent to Mayor for Signature
9/6/2023	City Council	Passed	Pass
8/21/2023	City Council	Accepted with a Recommendation Do Pass
8/14/2023	Finance & Government Operations Committee	Sent to Council with a recommendation of Do Pass	Pass
8/7/2023	City Council	Introduced and Referred
8/7/2023	President	Referred

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
AMENDING THE CITY OF ALBUQUERQUE COMPONENT CAPITAL IMPLEMENTATION PROGRAM TO AMEND THE PROJECT VALUE FOR THE VENTURA STREET AND HOLLY AVENUE TRAFFIC CIRCLE PROJECT.
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 schedul...