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Resolution No. 94-10 CITY OF TIGARD, OREGON RESOLUTION NO. 94- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TIGARD, OREGON, STATING THE METHODOLOGY AND SETTING THE AMOUNT FOR SYSTEM DEVELOPMENT CHARGES FOR WATER SERVICES. WHEREAS, having established water system development charges for the City through adoption of Ordinance No. 93-33, this resolution sets those charges and delineates the specific methodology for calculation of the charges. The methodology established for these calculations has been designed in accordance with ORS 223.297 -.314 and generally accepted principles for establishment of reimbursement and improvement fees; and, WHEREAS, for the reimbursement element of the SDC, rate-making principles have been employed throughout this calculation with specific attention to the cost of existing facilities, prior contributions made by existing users, the value of unused capacity, and equity between existing and future users; and, WHEREAS, for the improvement element of the SDC, specific consideration has been given to the costs of projected capital improvements needed to increase the capacity of the systems to accommodate future development; and, WHEREAS, a range of potential system development charge methodologies were evaluated based on cost and value assumptions and variable allocation methods and that analysis determined that the inter- relationship of facilities meeting existing and future demand provides the most consistent and equitable basis for establishing SDC's; NOW, THEREFORE, BE IT RESOLVED by the City of Tigard, Oregon: Section 1. Charge Established. System development charges for water is hereby established. Charges shall be in the amounts outlined in tables II-3 and II-4 on page 6 of the "System Development Charges for the Water System" manual prepared by Economic and Engineering Services, Inc., dated June, 1990 and hereinafter referred to as the "System Development Charges manual. The Systems Development Charges manual is attachedhereto as Exhibit "A" and incorporated herein by this reference. RESOLUTION NO. 94-1L) Page 1 e Section 2: Permits Affected. System development charges established by Section 1 of this resolution shall be collected at the time of issuance of permits to Affibk connect to the water system If a development is subject to more than one SDC charge, all charges shall be collected at the time of issuance of the first issued permit. Section 3: Methodology. The methodology for the systems development charges imposed by Ordinance No. 93-33 is contained in the System Development Charges manual. Section 4: Project Plan. The System Development Charges manual identifies or incorporates by reference, the identification of capital improvements eligible for funding through SDC's and is hereby adopted as the Systems Development Charge Funds Project Plan,---s "`[+tiiS 15 /LaF'C���,� UYdIrMtt_ C„Id.S PASSED: This n day of d 1994. -:a r - g i y of Tigard bra ATTEST: City Recorder — City of TigaVd RESOLUTSON NO. 94- ) 0 Page 2