Proposed Development Fee Update Pinal Partnership Breakfast Panel - - PowerPoint PPT Presentation

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Proposed Development Fee Update Pinal Partnership Breakfast Panel - - PowerPoint PPT Presentation

Proposed Development Fee Update Pinal Partnership Breakfast Panel January 15, 2016 7 Current Development Fee Areas 2 Proposed 4 Fee Areas for Streets Proposed 2015 Streets Fee Area Streets Fee Area Boundary Excluded from Future Arterials


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SLIDE 1

Proposed Development Fee Update

Pinal Partnership Breakfast Panel January 15, 2016

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SLIDE 2

7 Current Development Fee Areas

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SLIDE 3

East South Central North Central West

Proposed 2015 Streets Fee Area

U.S. or State Highway Interstate Highway Unincorporated Private Land Not Private Land Incorporated Places Excluded from Future Arterials and Ironwood Debt Service Fees Streets Fee Area Boundary

Proposed 4 Fee Areas for Streets

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SLIDE 4

Changes to Fee Structure

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  • ResidenDal by dwelling size rather than type, capped

based on Pinal data for average single family housing

  • Eliminated commercial size thresholds and simplified

nonresidenDal categories

Development Fees in North Central Streets Fee Area

Residential (per housing unit) Square Feet of Finished Floor Area Parks Public Safety Streets Proposed Fee* 1000 or less $188 $245 $3,494 $3,927 1001 to 1500 $354 $462 $5,692 $6,508 1501 to 2100 $494 $645 $7,527 $8,666 2101 or more $536 $700 $7,978 $9,214 * Maximum fee limited to average for all single family housing. Nonresidential (per 1,000 square feet of building) Type Parks Public Safety Streets Proposed Fee Industrial $0 $192 $1,844 $2,036 Institutional $0 $550 $5,274 $5,824 Commercial $0 $1,379 $13,197 $14,576 Office & Other Services $0 $596 $5,713 $6,309

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SLIDE 5

North Central Street Improvements

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Project Description Start End Arizona Farms Hunt Highway Quail Run Bella Vista Gantzel Quail Run Combs Kenworthy Schnepf Germann Meridian Ironwood Hunt Highway Arizona Farms Gary Hunt Highway Arizona Farms Empire Ironwood Bella Vista IFA Boundary Ocotillo Meridian Schnepf Pecos Meridian Ironwood Ray Meridian Ironwood Skyline Terminus Schnepf Thompson Hunt Highway Empire TOTAL Estimated Cost Growth Share Development Fee Funding $4,357,221 25.0% $1,089,300 $5,228,666 50.0% $2,614,300 $1,742,889 50.0% $871,400 $4,357,221 50.0% $2,178,600 $20,000,000 50.0% $10,000,000 $15,685,997 50.0% $7,843,000 $20,043,219 50.0% $10,021,600 $5,228,666 50.0% $2,614,300 $4,357,221 50.0% $2,178,600 $4,357,221 50.0% $2,178,600 $5,228,666 50.0% $2,614,300 $1,307,166 50.0% $653,600 $91,894,154 48.8% $44,857,600

North Central fees are higher due to exisDng Ironwood debt and major future improvements (e.g. Ironwood and Hunt Highway) over the next ten years.

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SLIDE 6

Residential Development Fees

6 $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 North Central South Central East West

Residen'al Comparison

Current Single Detached Proposed Large Dwelling Current All Other Proposed Small Dwelling

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SLIDE 7

Nonresidential Fee Comparison

7 $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 North Central South Central East West

Nonresiden)al Comparison

Current Industrial Proposed Industrial Current Commercial Proposed Commercial