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Ordinance 1993-24 STATE OF ILLINOIS ) COUNTY OF KENDALL ) ORDINANCE NO. 1993-c�q AN ORDINANCE SETTING FORTH THE STANDARDS AND REGULATION FOR PAYMENT OF SCHOOL TRANSITION FEES UPON ANNEXATION AND/OR PLANNED UNIT DEVELOPMENT OF REAL PROPERTY WITHIN THE UNITED CITY OF THE VILLAGE OF YORKVILLE WHEREAS, the UNITED CITY OF THE VILLAGE OF YORKVILLE is currently experiencing a substantial increase in population, together with the need to cooperate with Yorkville School District #115 in meeting the demand for quality educational services to the students of said District; and WHEREAS, the UNITED CITY OF THE VILLAGE OF YORKVILLE has thoroughly reviewed the need for expanding the basis of funding of said school services for financing a portion of the cost of education in the first year of construction of residential dwelling units, prior to said units being assessed as a complete residence for real estate tax purposes; and WHEREAS, the UNITED CITY OF THE VILLAGE OF YORKVILLE has thoroughly reviewed the costs to be incurred to provide for the expansion of said educational services with Yorkville School District 115, and finding that said costs exceed $3,000.00 per student generated by residential development; and WHEREAS, the City has determined that the following fee bears a rational relationship to the costs anticipated to be incurred by the Yorkville School District 115, based upon the number of school children estimated to be generated by a residential dwelling unit constructed in our City, as set out in the latest projections issued by the Illinois Department of Education; NOW THEREFORE, IT IS HEREBY ENACTED that the following fee for School Transition Fees, which shall provide for the current level and quality of educational service being maintained by the City and Yorkville School District 115 and shall be imposed at the time a Petition for Annexation is presented to the UNTIED CITY OF THE VILLAGE OF YORKVILLE City Council, and said fees shall be incorporated into any Annexation and/or Planned Unit Development Agreement executed with any developer/owner based upon the following fee schedule: SECTION 1: AMOUNT: A. $1,500.00 per residential dwelling unit payable at the time each building permit is issued by the UNITED CITY OF THE VILLAGE OF YORKVILLE for each residential unit. SECTION 2: USE OF FUNDS A. The Transition Fees paid to Yorkville School District 115 shall be used solely in the Educational fund by said School District. SECTION 3: PAYMENT A. All of said funds shall be paid by any building permit applicant to the City Treasurer who shall transfer funds within sixty (60) days of the receipt thereof to the Yorkville School District 115. SECTION 4: REAL PROPERTY AFFECTED A. Residential Dwelling Unit: Any residential dwelling unit platted after the effective date of this Ordinance, whether single-family, duplex, multi-family, shall be required to pay the above-referenced fees set out in Section 1 of said Ordinance. The imposition of said fee shall 2 be made to the City on any real property so annexed, or if previously annexed only within a Planned Unit Development or Developmental Agreement. B. For purposes of this Ordinance, a residential dwelling shall be defined as each individual single-family home, each individual unit of a duplex, and each individual unit of any multi-family structure. C. Any lot zoned for business, office, or manufacturing shall be exempt from the terms of this Ordinance D. No lot platted prior to the effective date of this Ordinance shall be encumbered by the terms of this Agreement unless it is the subject of a Planned Unit Development Agreement or Developmental Agreement. SECTION 5: In the event residential real property is annexed to the UNITED CITY OF THE VILLAGE OF YORKVILLE that is not to be served by the Yorkville School District 115, then and in that event the said transition fee shall not be required to be paid, unless this Ordinance is amended to include said Future School District. SECTION 6: That Yorkville School District 115 agrees to hold harmless and defend the UNITED CITY OF THE VILLAGE OF YORKVILLE for the imposition and collection of said transition fees on behalf of Yorkville School District 115. 3 PASSED this IL�aay of , 1993. APPROVE . KENNETH K. KTTTOE, 'JR., Mayor ATTESTED: \c" V 01 'm p IT C 4