CITY COUNCIL AGENDA PACKET WORKSHOP

11 of 19 capital projects lists, this approach provides flexibility to the City in future years to add or re-prioritize projects, without being bound by a static, prescribed project list. Initial Estimates – Development Impact Fees While staff, EPS and Raftelis are continuing to refine the facilities list and water and sewer studies and cost estimates, initial estimates suggest that the maximum fee supportable based on the nexus study would reflect a significant increase from the current rate. Tables 7 through 9 below, provide those initial/preliminary estimates: Table 7: Capital Facilities and Transportation Impact Fees – Preliminary Estimated Fee Maximums 2024 Update – Maximum Allowable Current Fee Amount % Change from Current Single-Family (per unit) $51,700 $32,122 61% Multi-Family (per unit) $35,000 $21,751 61% Office (per sq. ft.) $42 $21 100% Retail (per sq. ft.) $55 $29 91% Research/Development (per sq. ft.) $33 $13 143% Industrial/Distribution (per sq. ft.) $22 $15 47% Lodging (per room) $13,800 %8,849 56% Table 8: Water Connection Fees – Preliminary Estimated Fee Maximums Meter Size [Meter Equivalent] 2024 Update – Maximum Allowable Current Fee (last updated 1992) Amount % Change 5/8” [1] (single family) $4,600 $1,200 383% ¾” [ 1.5] $6,900 $1,800 383% 1” [2.5] $11,500 $3,000 383% 1.5” [16] $23,000 $6,000 383% Table 9: Sewer Connection Fees – Preliminary Estimated Fee Maximums 2024 Update – Maximum Allowable Current Fee Amount % Change Single-Family (per unit) TBD $500 TBD Multi-Family (per unit) TBD $500 TBD Preliminary sewer connection fees are not available but early analysis has identified the fees will adjust in the same order of magnitude of the water connection fees.