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Section 36-14. Independent fee calculation formulae. <br />(a) The independent fee calculation study shall be based on the same service standards and <br />unit costs for facilities used in the needs assessment study (as adjusted by the same cost <br />inflation factors used in annual adjustments since the study was prepared), and shall <br />document the methodologies and assumptions used. <br />(b) An independent fee calculation study submitted for the purpose of calculating a road <br />impact fee may be based on data, information or assumptions from independent sources, <br />provided that: <br />(1) The independent source is an accepted standard source of transportation <br />engineering or planning data; or <br />(2) The independent source is a local study on trip characteristics carved out by a <br />qualified transportation planner or engineer pursuant to an accepted methodology <br />of transportation planning or engineering. <br />(c) The independent fee calculation is the sum of the road impact fees, the park impact fees, <br />the fire/EMS impact fees, police impact fees, and solid-waste impact fees. The formulae <br />for calculation of these fees are listed below. <br />(1) The road impact fees shall be calculated according to the following formula: <br /> ROAD IMPACT FEE = VMT x NET COST/VMT <br />Where: <br />VMT = TRIPS x % NEW x LENGTH - 2 <br />NET COSTNMT = COSTNMC x VMCNMT - CREDITNMT <br />TRIPS = Tri ends durin an avera e weekday <br />NEW = Percent of trips that are primary trips, as opposed to pass-by or <br />diverted-link tri s <br />LENGTH = Avera a len h of a tri on the major roadway facilities <br />- 2 = Avoids double-countin tri s for on in and destination <br />COSTNMC = Avera e cost to add a new dail vehicle-mile of ca acity <br />VMCNMT = System-wide ratio of VMC to VMT on the major roadway <br />facilities assumed 1:1) <br />CREDITNMT = DEBTNMT +PASTNMT + GRANTNMT <br />DEBTNMT = Outstanding debt used for capacity improvements on existing road <br />facilities divided b total existin VMT <br />PASTNMT = The net present value of property taxes paid over the last five years <br />by vacant land for road capacity improvements, including general <br />fund ex enditures as well as debt service a ments, er VMT <br />GRANTNMT = The net present value of future Federal and State roadway capacity <br />funding anticipated to be forthcoming per VMT over the next 20 <br />years <br />-11- <br />