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86-10-Ordinance-Amending Impact Fees for Water, Wastewater, Electic Services-06/02/1986ORDINANCE NO. 86-10 AN ORDINANCE OF THE CITY OF SANGER, TEXAS, AMENDING THE CODE OF ORDINANCES BY AMENDING SECTION 17, SO AS TO AMEND THE PROVISIONS REGULATING COMMUNITY IMPACT FEES FOR WATER, WASTE WATER, AND ELECTRIC SERVICES; PROVIDING A METHOD FOR CALCULATING SUCH FEES; PROVIDING FOR TIME AND METHOD OF PAYMENT; AND PROVIDING FOR AN EFFECTIVE DATE. HE IT ORDAINED HY THE CITY COUNCIL OF THE CITY OF BANGER, TEXAS: SECTION 1. That Section 17 of the Code of Ordinances of the City. of Sanger be, and the same is hereby, amended by amending the following subsections of Section 17, to -wit: "SECTION 17: COMMUNITY IMPACT FEES B. COMPUTATION OF FEE (4) (a) At the time of the platting of the subdivision, one- half of the applicable impact fee shall be paid by the developer or owner. Payment may be made in cash or by irrevocable letter of credit made out to the City of Sanger and renewable at the city's option. The remaining one-half of the impact fee shall be paid at the time a building permit is issued or a tap fee is collected, whichever comes first. % (b) The impact fee for apartments containing two bedrooms or smaller shall be computed by multiplying the total applicable impact fee for water and sewer by .7. Apartments which are larger and which contain either two baths or three bedrooms, either or both, and which are larger, shall be computed on the same basis as Single Family Residential. The impact fee for electrical service shall remain the same for each apartment and shall not be affected by the .7 factor. - (c) The impact fee for all commercial and institutional uses shall be computed by the size of meter and electrical demand, using as a base 7,300 gallons per month for water and 534 kWh for electrical service, both being the average use for both basic utilities for residential use. The sanitary service impact fee would be tied to the water use in the same manner as the basic sanitary service fee. PURPOSE AND USE OF FEES (1) The impact fees are to be used for capacity as well as new mains and oversized mains to deliver that capacity to the system being served, and such impact fees shall not be available or used to extend lines to serve new developments. (2) A separate fund shall be maintained for water, sanitary sewer, and electric utility service, with separate accounting and separate interest being segregated and maintained for each fund. Impact fees collected for each service shall be separately maintained and all interest earned on each separate fund may be used only for that particular utility improvement. D. EXEMPTIONS (1) Any single lot subdivision for Single Family Residential use located in the original old town of Sanger shall be exempt from paying impact fees provided for herein. (2) Subdivisions already approved or in the official process of being approved, (i.e., having reached the city planning commission or the city council at the final stage) shall be exempt from one-half of the impact fees provided for herein." SECTION 2. That Section 17 of the Code of Ordinances of the City of Sanger, Texas, except as amended and modified herein, shall continue in full force and effect. SECTION 3. That this Ordinance shall take effect immediately from and after its adoption, as the law in such case provides. DULY ADOPTED by the City Council of the City of Sanger, Texas, on this the day of V 1986. APPROVED AS TO FORM: CITY ATTORNEY APPROVED: MAYOR DULY RECORDED: CRETARY