HomeMy WebLinkAboutAgenda Statement 1990/07/17 Item 30Meeting Date: 7/17/90
Development Impact Fee for Telegraph Canyon drainage facilities
Ordinance 2384
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P.ilge 3. 1t_.::5LJ
Meeting o.t. 7/17/90
Cost Est111.1te
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The cost of 1lllprove_nts are based on both actual J1d prices olod construction
est1.at~s. Chinnel segments 1 and 2 are based on b1d documents ind contracts
a..rdod by EutLake Develop&lent Company. Channel segment 3 1 s based upon an
esti.ate provided by VTM Englneerlng for the CHy of Chuh Ylsti Englneering
DepArtment.
The construction and rlght-of-.ay costs charged to the district consfst of the
cost to incruse capacity froll a 50-year 5tOnl, assuming no new developlDent,
to a IOO-yur storm, usuming full development, in the portion frOll Puea
laden extending .1pprox1.ately 16,150 feet east. For the ipprox111ately 5.200
feet of channel .est of Interstate 805, the total cost of the channel is
included.
The construction cost estimates for chinnel segments 1, 2 and 3 have been
reduced by the cost of channel illprovements related to the improvement of the
adjacent roadway. Table'belDtt shows the ::ost to the proposed district versus
the cost to the adjacent Telegraph Canyon Road.
Channel Cost Cost
Cost to to
Est 7.1-89 District BlWl
Phase 1 $ 855,901 $ 230,735 $ 625,166
Phase 2 2,602,650 779,850 1,822,800
Phase 3 1,137,055 203,260 933,795
Downstreall 4,160,000 4,160,000 0
Contingencies 2~ 0 1.074,770 0
Incldent.ls 0 1.296.485 0
TOTAL $8.755,606 $7,745,100 $3,381,761
The cost to the road "ill be fur,jet1 fr1m the Transportation Oevelop~nt Impact
Fees,
Prooosed Fee:
The fees, assessed against all benefited undeveloped property within the
planned local drainage area to pay the costs of the drainage tmprovements, are
to be apportioned on a per gross benefited acre basis, The total gross
benefit acres equals 1,975.
The following formula was used to determine the cost per gross benefit acre,
Toh 1 Cost
of IJlDroveoent
Total Gross
Benefit Acres
$7.745.100
1,975
$3.921.57 say $3,922/ocro
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