40.620.020 Park Impact Fee Component
The impact fee component for parks, open space and recreational facilities shall be calculated using the following formula as further defined in the Park Impact Fee Technical Document adopted by Council in the impact fee revision process pursuant to Section 40.630.010:
PIF = (Acquisition Cost + Development Cost) - Cost Adjustment Factor
(Amended: Ord. 2019-05-07)
A. “PIF” means the park, open space and recreational facility component of the total development impact fee.
B. 1. “Ca” means the average cost per acre for land appraisal, acquisition, associated due diligence fees and expenses, closing and Level 1 Development for each service area or overlay area as described in the Vancouver-Clark Parks and Recreation Comprehensive Parks, Recreation and Open Space Plan for neighborhood parks, community parks and urban open space, and adopted by Council in the impact fee revision process pursuant to Section 40.630.010.
2. “Cd” means the average cost per acre for site development. Development costs shall be calculated assuming development standards described in the Vancouver-Clark Parks and Recreation Comprehensive Parks, Recreation and Open Space Plan for neighborhood and community parks, and adopted by Council in the impact fee revision process pursuant to Section 40.630.010.
(Amended: Ord. 2019-05-07)
C. 1. “Ia” means the percentage annual inflation/deflation adjustment index applicable to the acquisition component, as outlined in the Park Impact Fee Program Technical Document and annually determined by Council in the impact fee revision process pursuant to Section 40.630.010.
2. “Id” means the percentage annual inflation/deflation adjustment index applicable to the development component as outlined in the Park Impact Fee Program Technical Document and annually determined by Council in the impact fee revision process pursuant to Section 40.630.010.
(Amended: Ord. 2019-05-07)
D. 1. “Sa” means the parks acquisition standard in acres per thousand residents for neighborhood parks, community parks and urban open space as established in the Vancouver-Clark Parks and Recreation Comprehensive Parks, Recreation and Open Space Plan.
2. “Sd” means the parks development standard in acres per thousand residents for neighborhood and community parks as established in the Vancouver-Clark Parks and Recreation Comprehensive Parks, Recreation and Open Space Plan.
E. “P” means one thousand (1,000).
F. “U” means the average number of occupants per single-family/duplex dwelling unit or per other multifamily dwelling unit based on the most current applicable statistical census data (U.S. Census Bureau or Washington State Office of Financial Management census data for persons per dwelling unit) and as adopted by Council in the impact fee revision process pursuant to Section 40.630.010.
(Amended: Ord. 2019-05-07)
G. “A” means an adjustment to the cost of park facilities for past or future payments made or reasonably anticipated to be made by new development to pay for park system improvements in the form of user fees, debt service payments, or other payments earmarked for or pro-ratable to park system improvements. Such adjustment for park impacts is determined to be as set forth below:
|
Unit Type |
Adjustment |
|
Single-Family |
$228.50 |
|
Multifamily |
$166.98 |
H. The Director of the Department of Community Development shall maintain a schedule of current park impact fee rates.
I. At least one copy of the Park Impact Fee Program Technical Document adopted by Council, and the current park impact fee schedule as calculated thereunder, shall be filed in the Office of the Director of the Department of Community Development for use and examination by the public.
(Amended: Ord. 2019-05-07)
J. After the effective date of the ordinance codified in this section, park impact fees collected for the costs of acquisition and costs of development required by the ordinance codified in this section shall be deposited into a single fund for expenditure on acquisition and/or development of park infrastructure consistent and in compliance with RCW 82.02.050. Funds collected prior to the date of the ordinance codified in this section shall continue to be expended on acquisition or construction consistent with the fund in which the money was placed at the time of collection.
(Amended: Ord. 2009-11-06; Ord. 2014-01-14)