Ordinance 1987-18 ORDINANCE NO. 87- j_j'
AN ORDINANCE SETTING FORTH THE STANDARDS
AND REGULATIONS FOR PAYMENT OF IMPACT FEES TO THE
UNITED CITY OF THE VILLAGE OF YORKVILLE AND GOVERNMENTAL
ENTITIES SERVING SAID CITY
WHEREAS, THE UNITED CITY OF THE VILLAGE OF YORKVILLE is currently
experiencing a substantial increase in population, together with the need
to expand existing municipal services to provide for orderly growth and adequate
municipal services; and
WHEREAS, THE UNITED CITY OF THE VILLAGE OF YORKVILLE has
thoroughly reviewed the need for expanded municipal services and the need
fcr capital purchases; 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 City services; and
WHEREAS, the City has determined that the following fees bear a rational
relationship to the costs anticipated to be incurred by the various governmental
entities and departs of the City to be affected:
NOW, THEREFORE, IT IS HEREBY ENACTED that the following impact
fees shall be paid as follows by any builder, developer, or applicant for
a building permit from the City:
SECTION 1 : AMOUNTS
(A) To THE UNITED CITY OF THE VILLAGE OF YORKVILLE for:
Public Works Department $450.00
Police $150.00
Municipal Public Building $150.00
(B) To the ` #e I Fire Protection District - $250.00
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(C) All impact fees shall be paid at the time a building permit is applied
for with the City.
SECTION 2: USE OF FUNDS
(A) Each department of the City receiving funds hereunder shall be
fully bound by all terms, conditions and covenants contained herein.
(B) All funds paid hereunder shall be held in an encumbered account
by the governmental entity receiving the same for the purpose
of making only capital expenditures.
(C) "Captial Expenditures" shall be defined as the purchase of equipment
with an estimated useful life in excess of three (3) years, the
purchase of land, the construction of permanent structures on
said premises, the extension of water mains, sever lines, or other
permanent improvements.
(D) All of said funds shall be paid to the City Treasurer who shall
transfer to the other governmental entities involved, their share
of said funds within sixty (60) days of the receipt thereof. All
funds to be received by City departments shall be placed in encumbered
funds within sixty (60) days of receipt.
(E) The payments received for any specific fund shall not be used
for any other purposes except those specified herein for each
specific payment.
SECTION 3: REAL PROPERTY AFFECTED
(A) Residential - Any single family or duplex residential lot platted
after the effective date of this ordinance shall be required to
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pay the impact fees imposed herein.
(B) Business and Manufacturing Lots- Any lot zoned for business,
office, or manufacturing platted after the effective date of this
Ordinance shall be required to pay the impact fees imposed herein;
however any business or manufacturer located on said lot shall
be entitled to a credit of $250.00 off of said impact fees for each
job estimated to be created by the establishment of a building
on any such lot. The person or entity reqesting such credit
shall certify under oath to the City the estimated number of jobs
for employees working at least twenty (20) hours per week. If
in the event the actual number of employees is not as great as
the number estimated one year from the date of issuance of the
building's occupancy permit, the City shall have a right to collect
the balance of the impact fees.
(C) No lot platted prior to the effective date of this ordinance
shall be encumbered by the terms of this Agreement.
PASSED this % day of ,� �f ,7A I�.
APPROVED:
BY:
MAYOR
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