Utilities and Public Works Committee


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  2.       
Meeting Date: 10/02/2017  
Topic:    Amendment #1 to the Village Needs Assessment
From: Tom Hoffman
Department: Engineering Services  
Date of Committee
Action (if required):
10/02/2017  
Date of Village Board
Action (if required):
10/02/2017

Information
Subject:
Consideration of Amendment #1 to the Public Facilities Needs Assessment and Impact Fee Study Update.

 
Background Information:
In January of 2015 the Village Board approved the Public Facilities Needs Assessment and Impact Fee Study Update and the Village's Impact fee amounts that are charged to new development.  The Needs Assessment is the document that lays of the projects that the Village intends to construct in the future along with the associated costs.  These lists of projects and costs are used to determine the amounts of the impact fees.  The list of projects can be greater then the amounts of the impact fees that a municipality collects as is the case for the Village.  Also Impact fees cannot be used on a project that is not in this needs assessment. 

This amendment #1 adds two projects to the Needs Assessment.  They are the Centralized Public Works Facility for the Fire Impact fee portion and the Mill Pond Park acquisition, clean up and development to the Park Impact Fee project list.  The amounts being charged for the Village's Impact fees will not be changing.
Key Issues for Consideration:
Action By Committee or Village Board:

Attachments
Amendment No. 1 - Public Facilities Needs Assessment & Impact Fee Update


    

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