Sec. 29-9. Adoption or amendment of the infrastructure financing plan.
A. Adoption of an infrastructure financing plan (IFP). The infrastructure financing plan shall be adopted as follows:
1. First public hearing—Draft IFP. The City shall conduct a public hearing on the draft IFP, which consists of the land use assumptions (LUA) and the infrastructure improvements plans (IIP). Notice of this hearing shall be posted on the City’s public website, together with the draft IFP and any other documents used in preparation, a minimum of 60 days prior to the hearing.
2. First required action—Draft IFP. The City Council shall approve or disapprove the draft IFP within 60 days, but no sooner than 30 days, after the first public hearing.
3. Second public hearing—Final IFP. The City shall conduct a public hearing on the final IFP, which consists of the land use assumptions (LUA), infrastructure improvements plans, and the impact fee study. Notice of this hearing shall be posted on the City’s public website, together with the final IFP, a minimum of 30 days prior to the hearing.
4. Second required action—Final IFP. The City Council shall adopt by resolution or disapprove the final IFP within 60 days, but no sooner than 30 days, after the second public hearing.
5. Adoption of impact fee schedules. Following adoption of the final IFP with the second required action, the City Council shall adopt the applicable revised impact fee schedules (to be incorporated in Appendix A of this chapter). Any revised impact fee schedule shall become effective no sooner than 75 days after adoption.
B. Amendment of the infrastructure financing plan.
1. Minor amendment. The City may update or amend the infrastructure financing plan or the impact fee schedules without a public hearing if all of the following apply:
a. Any changes to the infrastructure improvements plan and/or the underlying land use assumptions will not add any new category of capital facilities to any impact fee area.
b. The changes in the infrastructure improvements plan and/or the underlying land use assumptions will not provide for a level of service higher than the adopted level of service for any impact fee area.
c. Based on an analysis of the impact fee study and the City’s adopted impact fee schedules, the changes in the infrastructure improvements plan and/or the underlying land use assumptions would not, individually or cumulatively with other amendments undertaken pursuant to this subsection, cause an impact fee in any impact fee area to increase by more than five percent above the impact fee that is provided in the current impact fee schedule.
d. Posting. At least 30 days prior to the date that any amendment pursuant to this section is adopted, the City shall post the proposed amendment(s) to the infrastructure financing plan and/or impact fee schedules on the City’s public website.
e. Effective date. Any changes to the impact fee schedules shall not be effective until 75 days after the approval of a minor amendment.
f. Required update. An update required by Section 29-10 shall not be considered a minor amendment.
2. Major amendment. Any proposed amendment to the infrastructure financing plan and/or impact fee schedules which does not comply with the provisions of subsection (B)(1) of this section shall be considered a major amendment, and shall be processed in accordance with the provisions of subsection A of this section. (Ord. No. G-5984, 2015; Ord. No. G-6666, § 1, 2020)