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1. Impact Fee AdministrationCity of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 MONTANA Date: January 27, 2011 TO: Jane Howington, City Manager Mayor Fisher and City Council members From: Amy Robertson Finance Director RE: Ordinance 1681 — Financing Impact Fees —amendment request We have had four properties finance impact fees and the issues related to implementation need clarifying. Property owners can pay 20% and finance the remaining impact fees over 5 years. I would like the Ordinance to specify that impact fees originating between Jan 1st and June 30th will have the first payment placed on the tax roll in November of that year. Otherwise we are looking at delaying until the next year the assessment. Due to timing of the tax bills and the necessity of splitting the payments equally between first half and second half installments, the January 19'h 2011 property will not appear on the tax notice until November 2012 with that payment extended to May 2013, second half. It is necessary to calculate interest for 863 days. The second request I would have is to lower limit the amount that can be financed. Currently these properties have a $41.00 impact fee for police. They pay $8.20 and finance $32.80. The interest we earn will not begin to cover the time involved with calculating the interest, placing the assessment on the tax rolls, recording the receivables and tracking each property when the payments come in and have to be posted. I would request that impact fees of less the $100 (or a higher amount) be paid in full and not financed. We have requested that the County provide us 6 lines on the tax bills so that we can keep separate the revenue due to each fund, water, sewer, transportation, etc. It is unlikely that will happen as the tax bills are pretty full. We will then have to track each payment to know which fund receives the money. When payments are late and there is a penalty and interest received it would be necessary to prorate that between all 6 funds, probably pennies. I would request that council authorize all penalties and interest earned from financed impact fees be placed in the General Fund as an administrative fee. A sample of all of the paper work involved with one property is attached. Exhibit A Sample amendment: 8-31 Collection of Impact Fees. F. Impact fees to be financed originating between Jan 1st and June 30' will have the first assessment placed on the tax bill for the November billing of the current year. Interest will be calculated from the original financing date through November 30' and May 31" - the County tax due dates. G. Impact fees of less than $100 may not be financed but shall be paid in full. H. Late payments of the financed impact fees which generate penalty and interest fees which come from the County shall be placed in the General Fund as an administrative fee. AN ORDINANCE 1, OF KALISPELL IMPACT1 NO. CODIFIED AT CHAPTER 8 OF THE' i'CODE, DECLARING/ AUTHORIZING THE CITY ATTORNEYTO CODIFY 1' WHEREAS, on the 161h day of October 2006 the Kalispell City Council passed Ordinance 1587 which authorized the imposition of impact fees and provided for the regulation of the collection of those fees; and WHEREAS, the development community, the Impact Fee Committee and the City Council have discussed some apprehension about the possible chilling effect the impact fees may have upon property owners considering further investment in the community, particularly in a slow economy; and WHEREAS, to allow a property owner to make payments of the impact fees over a period of time is a method which, in some circumstances, may provide a property owner with the option necessary to go forward with a planned development; and WHEREAS, the City Council finds that it is in the best interest of the City and its residents to provide the option, set forth in Exhibit "A", to allow the payment of impact fees due in installments over a period of time. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. Ordinance No. 1587, codified as Kalispell Municipal Code 8-31, is hereby amended to read as set forth in Exhibit "A", attached hereto and incorporated fully herein by this reference. SECTION II. The City Attorney is hereby authorized and directed to recodify this Ordinance. SECTION III. This Ordinance shall take effect thirty (30) days after its final passage. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL THIS 20th DAY OF SEPTEMBER, 2010. ATTEST: Theresa White City Clerk Tammi Fisher Mayor EXHIBIT "A" 8-31 Collection of Impact Fees. A. Upon collection, all impact fees shall be deposited in a special proprietary fund, which shall be invested with all interest accruing to the fund. B.The City may impose impact fees on behalf of local districts. C.If the impact fees are not hereafter collected or spent in accordance with this article or are not in compliance with 7-6-1602 MCA, any impact fees that were collected must be refunded to the person who owned the property at the time that the refund was due. D. Unless an election is made as described below in paragraph E, the Kalispell Building Department shall collect all impact fees imposed and shall collect them no earlier than the date of issuance of a building permit if a building permit is required for the development or no earlier than the time of wastewater or water service connection or well or septic permitting. E. The party responsible for the payment of impact fees may elect to pay such fees over a period of five (5) years in five (5) equal installments, each installment bearing an annual interest rate of five (5%) percent on the remaining principal balance. The first payment will be due and paid to the Kalispell Building Department upon application for a building permit or at the time of wastewater or water service connection or well or septic permitting. Upon making the election the owner of the land served by the municipal services shall execute all necessary documentation to allow an assessment to be placed against the property so served such that the balance of the amount owed shall be a lien upon the serviced property and invoiced and paid through the Flathead County offices in the same manner as other municipal assessments against the property; Return to: City Clerk ,_5` P.O. Box 1997 _ "A Kalispell, MT 59903� J v 4 'L r City of Kalispell Impact Fee Assessment Agreement Election to Pay Impact Fees by Installment Method and Agreement to Allow Assessment Lien upon Subject Real Property Building Permit: Legal Owner: Ni dog i7", s i LLG C/o W, l l t6 yr, P—. Mailing Address of Legal Owner: 3-54 8)uQ- L& n e i `<` 5'� q0 Location Address of Subject Real Property: a i,5 CR> �p�Gf�J✓k �I�/�'' Subject Real Property Legal Description: S 5 (fiek r 5 �r �3 , S�x;,13 Cry eIc Assessor Number:0(X��l �-� Date Impact Fees Assessed: I� I n' i l 1 Total Impact Fees Assessed: Stormwater $1121.00 Water $2213.00 Wastewater Sewage Collection: $1064.10 Sewage Treatment: $1434.90 $2499.00 Police $ 41.00 Fire $ 483.00 Transportation $ 352.00 Total Impact Fees $6709.00 Impact Fees Paid (20% of Total): $1341.80 Impact Fees remaining to be paid: $5367.20 City of Kalispell Impact Fee Assessment Agreement Page - I t CE 0 I, CIO �Jd%ice " Z Tc4U e,/Zfb , am the legal owner of the subject real property desc ibed above. Based upon improvements I have made, or will cause to be made to this property, increased demands will be placed upon the City of Kalispell services which will benefit the subject real property for which impact fees are being imposed. Upon execution of this agreement I am paying 20% of the total impact fees imposed upon the subject property. I agree that the remaining 80% of the impact fees due shall immediately become a lien upon the above described real property in favor of the City of Kalispell, with the same legal effect as real property improvement assessments pursuant to MCA 7-12-4183 and shall run with the land. I further agree that the remaining balance shall be billed and paid in the same manner as City of Kalispell real estate taxes and assessments in twice yearly payments with 5% annual interest accruing on the declining balance. I further agree and understand that the final payment of any remaining balance, including interest, shall be due and payable no later than five years from the date of this agreement. I further agree and understand that my failure or the failure of my successor in interest to pay the sums when due and payable shall give rise to the legal right of the City of Kalispell to execute its rights of foreclosure against the subject real property. DATED this f day of K o✓1 , 201L. Real Property Owner Please Note: A separate check in the amount of $7.00 per page and payable to the Flathead County Clerk & Recorder's ®fitce is required at the time this agreement is submitted to the Kalispell Building Department as a filing fee for recording this document. City of Kalispell Impact Fee Assessment Agreement Page - 2 STATE OF MONTANA } ) ss. County of Flathead ) On this (4 day of (�y1,cc. ci ! 201 , before me, a Notary Public for the State of Montana, personally appeare �i i�1?`jb� n , proved to me to be the person whose name is subscribed to the within instrument, and acknowledged to me that he/she executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year hereinabove first written. � 41u� CARLA HUYTQI: NO RY PUBLIC for the State of Montana NotXR NOTARY PUBLIC for the Printed Name: Ct �-/ , t * SEAS State of Montana idin/ g at Lakeside, Montana Residing at: My Commission Expires S OF tr+ May 31, 2014 My Commission expires: j? ' GL City of Kalispell Impact Fee Assessment Agreement Page - 3 aS .d O P. 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