Item E1 — original pdf

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Austin Transportation DepartmentStreet Impact FeesImpact Fee Advisory Committee: 11-18-20192Overview•Recap Recent Activity on SIF•Recap of October 15 Meeting•Review Report•Policy Elements•Example Ordinance•Schedule•Questions3SIF Activity Recap4Past Meetings and Actions•June 13 –Mobility Committee•Discussed project schedule and questions on Land Use Assumptions (LUA) and Roadway Capacity Plan (RCP)•June 13 –Impact Fee Advisory Committee•Approved LUA and RCP•Early July –RCP Posted on website•August 7 –Briefing to Austin Chamber•August 8 –Council to adopt LUA and RCP, hold Public Hearing•Held open to action on August 22 •August 21 –Mobility Committee •Additional questions on LUA and RCP •August 22 –Council adopted LUA and RCP part of Report5Recap of October 15 Meeting6Impact Fee Results•Study Determines Maximum Fee•Council Determines Effective Rate•End result looks like a table as follows:Service AreaDRAFTMax Impact Fee(vehicle-mile)Study DeterminesEffective Rate Impact Fee(vehicle-mile)Council DeterminesG$2,381$X,XXXI$1,347$Y,YYY7Service Unit -ExamplesTrips0.99 Vehicles(PM Peak)(ITETrip Generation)X Trip Length4.30 Miles**Outside the LoopVehicle-Miles4.26 Vehicle-MilesTrips3.81 Vehicles(PM Peak)(ITETrip Generation)Reduction for Pass-by Trips34% (ITETrip Generation Handbook)2.51Vehicles (PM Peak)X Trip Length2.91 Miles**Inside the LoopVehicle-Miles7.30 Vehicle-MilesRETAIL STORE8Sample Developments:Collection Rate OptionsDEVELOPMENTUNITSMulti-Family298 unitsResidential: 298 ApartmentsOffice55,000 square feetOffice: 55,000 ft2Office9Collection Rate Comparison to Maximum Assessable Fee Austin DevelopmentAustinMitigation/ TIA ContributionService Area G Draft (Outside Loop)Service Area I Draft (Inside Loop)298 Apartments*$86,288$1,709,987$650,27855,000ft2Office$317,388$509,415$316,343* Assumes ITE Code 220 for Apartments (Highest Trip Gen)10Collection Rate ComparisonsAustin DevelopmentAustinMitigation/ TIA ContributionService Area G Draft (Outside Loop)Service Area I Draft (Inside Loop)Frisco**(60% of max, Lowest SA)Fort Worth (Flat Rate all SA’s)***Prosper(Lower SA)Frisco**(60% of max, Highest SA)Prosper(Higher SA)298 Apartments*$86,288$1,709,987$650,278$435,676$631,164$1,059,688$971,778$1,397,62055,000ft2Office$317,388$509,415$316,343$175,945$177,870$214,005$393,965$282,260* Assumes ITE Code 220 (Most Intense Trip Generation) for Apartments** Maximum in SA A; Minimum in SA D*** Effective January 1, 201911Review Report12Outline and Highlights•Section I-III (Introduction, Land Use, Roadway Capacity Plan)•Mostly unchanged, adopted by Resolution on August 22•Section IV –Assumptions•Service Units and Costing•Section V –Calculation•Results, Land Use Table, Credit Calculation (Not completed)•Adoption Process•Conclusions•Appendix13Policy Elements14Policy•Rate Reduction (vehicle-mile versus land use)•Trip Reduction•Tie to TIA policies•Travel Demand Management •Tie to Transportation Criteria Manual (Draft Percent Reductions in TIA Policy)•Affordable Housing•Economic Development15Example Ordinance 16Round Rock•https://www.roundrocktexas.gov/wp-content/uploads/2019/02/02-2019-revised-roadway-impact-fee-ordinance.pdf•Adopted a vehicle-mile value (one for residential and one for non-residential)•Established proportionality•Determined Assessment•Determine Effective Date (Phased In)•Outlined Offset Agreement•Policy –Right of Way and Transportation Impact Analyses17Schedule18Schedule•Next IFAC Meetings•December•Comments due on Pre-Credit Draft Report•Wrap up/Continue Policy Discussion•Public Engagement Strategy•January •Full Report with all maximum fee info –motion for comments•January / February•Draft Ordinance Review•Start Outreach19Questions