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HomeMy WebLinkAboutRESOLUTION NO. 2017-08 RESOLUTION NO. 2017-08 RESOLUTION ESTABLISHING HOW WATER MAIN CONNECTION FEES RELATIVE TO THE HEARTLAND HEIGHTS DEVELOPMENT IN THE CITY OF FAIRFAX, LINN COUNTY, IOWA ARE TO BE DETERMINED WHEREAS, the City of Fairfax has approved the Heartland Heights Preliminary Plat (389 Acres) as approved by CITY Resolution No. 2016-043; and WHEREAS, the City has established a water main connection fee for a 12" equivalent water main of $55.17/LF (in 2016 dollars) of water main for the 2016 water main extension project, which includes the costs associated with boring this water main under Highway 151, as approved by the CITY Resolution No. 2016-126; and WHEREAS, the water main connection fee of a 12" equivalent water main for the 2016 water main extension project, without the costs associated with boring the water main under Highway 151, is $48.93/LF (in 2016 dollars); and WHEREAS, the water main installed along 80"' Street with the 2016 Water Main Extension Project, and adjacent to the Heartland Heights First Addition, is 862 LF; and WHEREAS, the estimated 12" equivalent water main remaining to be installed along 80"' Street and Morgan Bridge Road adjacent to the Heartland Heights Development 4,576.7 LF; and WHEREAS, the developer of Heartland Heights, Iowa Lot Development, LLC, and the City of Fairfax both desire to establish a consistent manner for determining the connection fees for the subdivisions within the Heartland Heights development. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, the following: 1. The Water Main Connection Fees for the Heartland Heights Development shall be calculated based upon the total area for each Heartland Heights Final plat, and shall be determined as follows: a. 862 LF of water main installed along said Heartland Heights First Addition, at the rate of$55.17/LF, which includes the costs to bore the water main under Highway 151. The total water main connection fee for the initial (2106) Water Main Extension Project to the Heartland Heights development shall be $47,556.54 (in 2016 dollars). b. The remainder of all the water main extensions to the Heartland Heights development (less the 2016 Water Main Extension) shall be calculated using the 4,576.7 LF of 12" equivalent water main adjacent to the remaining Heartland Heights development, at the rate of$48.93 / LF for 12" equivalent water main, which does not include the costs to bore the water main under Highway 151. The total Water Main Connection fee for the remainder of the Heartland Heights development (less the First Addition) shall be $223,937.93 (in 2016 dollars). c. The Total Water Main Connection Fee for the entire Heartland Heights development shall be $271,494.47 (in 2016 dollars), which is $697.93 per acre (in 2016 dollars) over the entire 389-acre Heartland Heights development. 2. All Water Main Connection fees shall be adjusted annually for inflation, starting on January 1, 2018, based upon the Consumer Price Index (CPI) established in January each calendar year. All unpaid water main fees shall be adjusted annually until all Water Main Connection fees within the Heartland Heights development are paid. 3. All Water Main Connection fees shall be distributed over the Sellable Lots for each Heartland Heights final plat. All lots that are to be dedicated to the City of Fairfax (street rights-of-way, storm water detention, etc.) shall be considered in determining the overall area of each final plat, but no Water Main Connection fees shall be associated with these dedicated Lots. 4. The Water Main Connection fees shall be calculated for each Heartland Heights final plat based upon the overall area of the final plat, the cost per acre, as calculated above, and the inflation beginning on January 1, 2018. Within each final plat, the Water Main Connection fee shall be determined for the Single-Family Lots, the Multi-Family Lots, and the Commercial Lots. All Single-Family Lots within each final plat shall have the same Water Main Connection fee, regardless of lot size. All Multi-Family Lots within each final plat shall have the same Water Main Connection fee, regardless of lot size. All Commercial Lots within each final plat shall have the same Water Main Connection fee, regardless of lot size. BE IT FURTHER RESOLVED, by the Fairfax City Council of the City of Fairfax, Iowa, that the Mayor and City Clerk/Treasurer are hereby authorized and directed to execute said resolution. Passed and approved this 14"' day of March, 2017. AYES: Beer, Daly, Kell, and Volk NAYS: None ABSENT: Wainwright urnell G. Frieden, Mayor ATTEST: �X'44' Cyn, is Stimson, City Clerk/Treasurer �� •''' '� D4,4