Res 98-274
RESÓLUTION NO. 98-274
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
FEDERAL WAY, WASHINGTON, ADOPTING THE SCHOOL
IMPACT FEE SCHEDULE FOR 1998-99
WHEREAS, the Washington State Legislature passed the Growth Management Act of 1990
and 1991, RCW 36.70A ~~. and RCW 82.02 ~~. (the "Act"), which authorizes the
collection of impact fees on development activity to provide public school facilities to serve new
development; and
WHEREAS, the Act requires that impact fees may only be collected for public facilities
which are addressed by a capital facilities element of a comprehensive land use plan; and
WHEREAS, the District has prepared a capital facilities plan in compliance with the Act
which has been adopted by the City of Federal Way as a sub-element of the City of Federal Way
Comprehensive Plan by Ordinance No. 95-248; and
WHEREAS, the City of Federal Way has adopted Ordinance No. 95-249. as amended by
Ordinance No. 97-293, for the assessment and collection of school impact fees upon certain new
residential developments on behalf of the District; and
WHEREAS, Ordinance Nos. 95-249 and 97-293 authorize the City Council to adopt an
impact fee schedule based upon the school impact fee calculation formula and other information
provided by the District; and
WHEREAS, Resolution No. 97-239 amended Resolution No. 95-222 to include the school
impact fee schedule previously adopted by the City Council; and
RES # 98-274 PAGE I
CC~ff
WHEREAS, the City Council has reviewed the proposed fee schedule and other
information submitted by the District, and made appropriate adjustments to the fee schedule
previously adopted in Resolution No. 97-246;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY
DOES HEREBY RESOLVE AS FOLLOWS:
Section I Impact Fee Schedule Adoption. The fee- schedule setting forth the
calculation and amounts of school impact fees to be colIected pursuant to Chapter 14, Article VI,
Section 14-213 of the Federal Way City Code shalI be and hereby is adopted. A copy of the fee
schedule is attached to this Resolution as Exhibit A.
Section 2 Amendment of City of Federal Way Schedule of Fees and Charges.
Section Twenty of Resolution No. 95-222, as amended by Resolution No. 97-239, shalI be further
amended as folIows:
SECTION TWENTY. IMPACT MITIGATION.
Type of Fee
Amount
School Impact Fee
*
*
As adopted by the Federal Way City Council in Resolution No. 98-274 and authorized by
City Ordinance Nos. 95-249 and 97-293 (a copy of the impact fee schedule is available in the City
Clerk's Office or the City's Department of Community Development).
Section 4 Severability. If any section, sentence, clause or phrase of this resolution
should be held to be invalid or unconstitutional by a court of competent jurisdiction, such
invalidity or unconstitutionality shall not affect the validity or constitutionality of any other
section, sentence, clause or phrase of this resolution.
RES #...!113::2l..4 PAGE 2
Section 5 Effective Date. This resolution shall be effective ten (10) days from
the date of its passage.
RESOLVED BY THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
WASHINGTON, this 21st day of
July
,1998.
CITY OF FEDERAL WAY
L~z
ATTEST:
~(
APPROVED AS TO FORM:
~UND~
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
RESOLUTION NO. 98-274
EFFECTIVE DATE: 7/31/98
7/21198
7/21/98
K,'RESOISCilIMFEE.97
RES # 98-27,4PAGE 3
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. . Evl-llBIT A eP ~~~ u1r~
FEDERAL WAY SCHOOL DISTRICT #210 -19f7}JI¡ .;"r;~/
CAPITALF~rx~AtLAN PAGElt-OF ~
Student
Factor Costl Cost/
SFR MFR
$264 $74
$0 $0
$0 $0
$264 $74
CostJ CostJ
SFR MFR
$7,718 $2,160
$0 $0
$1,899 $648
$9,616 2,808
Cost! Cost!
SFR MFR
$26 $7
$8 $2
$7 $2
$40 $12
Student
- Factor CostJ Cost!
MFR SFR MFR
0.1078 $1,794 $502
0.0373 $0 $0
0.0363 $743 $254
$2,537 $756
Elementary
JrHigh
SrHigh
Elementary
JrHigh
SrHigh
Elementary
JrHigh
SrHigh
Tax Payment Credit CRIculation
Average Assessed Value (April 98)
Capital Bond Interest Rate (April 98)
Net Present Value of Average Dwelling'
Years Amortized
Property Tax Levy Rate
Present Value of Revenue Stream
Single Family Multi-Family
Residences Residences
Mitigation Fee Summary
Site AcqlÙsition Cost
Pennanent Facility Cost
Temporary Facility Cost
State Match Credit
Tax Payment Credit
Sub-Total
$264
$9,616
$40
($2,537)
($1,619)'
$5,764
$2,882
$2,882
50% Local Share
~[mp.ct Fee
"""'11'1"'"
""'"
""'AM
III-15
$74
$2,808
$12
($756)
($390)
$1,749
$874
$874 ~
SFR
MFR
$143,979 $34,641
5.19% 5.19".4
$1,101 581 $265 038
10 10
$1.47 $1.47
51,619 5390
. ((/1 /1
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