File #: REP 17-110    Version: 1 Name: Parks - Park Impact Fee Update
Type: Informational Report Status: Meeting Item
File created: 3/14/2017 In control: CITY COUNCIL WORKSHOP
On agenda: 3/20/2017 Final action:
Title: Park Impact Fee (PIF) Study Details: The City's current PIF methodology and calculation was developed in 1996 and has not been updated since that time. Financial Consulting Solutions (FCS) Group, Inc. has submitted the attached proposal in the amount of $32,220 to review and update the City's PIF methodology and calculation to align with the current Parks, Recreation and Open Space (PROS) Plan. The PIF update was included in the 2016 Budget and has been carried over into the 2017-2018 Biennial Budget. Presenter: Steve Wall, Public Works Director
Attachments: 1. Parks Impact Fee Update Scope of Work
Related files: REP 17-088
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Title

Park Impact Fee (PIF) Study

Details:  The City's current PIF methodology and calculation was developed in 1996 and has not been updated since that time. Financial Consulting Solutions (FCS) Group, Inc. has submitted the attached proposal in the amount of $32,220 to review and update the City's PIF methodology and calculation to align with the current Parks, Recreation and Open Space (PROS) Plan. The PIF update was included in the 2016 Budget and has been carried over into the 2017-2018 Biennial Budget.

Presenter:  Steve Wall, Public Works Director

Recommended Action

Recommended Action:  This item will be placed on the April 3, 2017 Consent Agenda for Council's consideration.