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04/30/2015 - Proposed SDCs - IN City of Tigard Press Release 13125 SW Hall Boulevard Tigard,Oregon 97223 www.tigard-or.gov FOR IMMEDIATE RELEASE April 30, 2015 Contact: Toby LaFrance Finance and Information Services Director City of Tigard 503-718-2406 toby@tigard-or.gov Council Approves New Fee Structure for Transportation, Delays Action on Parks At a public hearing Tuesday, the City Council reviewed proposals for new and increased system development charges (SDCs) for transportation and for parks and recreation. SDCs are a one-time charge collected at the time of development. They are used to fund costs of infrastructure such as wastewater, storm water, transportation and parks facilities, and help to support growth and recoup past investment made in infrastructure already being used. In response to concerns from commercial and residential developers, the council delayed adopting some of the SDCs recommended by staff. The councilors did,however, approve two new transportation SDCs that will only apply to residential developments: A new citywide Transportation SDC (TSDC)—proposed average charge per dwelling will be $5,000. A new River Terrace TSDC—proposed average charge per dwelling will be $2,312,in addition to the $5000 citywide TSDC. Both fees are effective July 1. The citywide TSDC includes transit oriented development incentives. City staff will be meeting with representatives from the development community about the proposed, and not yet adopted, non-residential TSDC. Those interested can contact Lloyd Purdy, economic development manager, at lloydp@tigard-or.gov or 503-718-2442. The City Council will hold another hearing on May 19, to further discuss the proposed, and not yet adopted,parks and recreation SDCs. More details about the upcoming hearing on the proposed SDCs can be found city's website at: http://www.tigard-or.gov/city_hall/mayor_and_city_council.php. Page 1 of 1