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708-99 Amend TIF
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708-99 Amend TIF
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" v (-111111111111§111111111111111111111111111101 <br /> 48264 <br /> Rcpt a 320921 Rec: 15.00 <br /> DS: 0.00 IT: 0.00 <br /> • 04/19/99 Dpty Clerk' <br /> r JED PITTMAN, PASCO COUNTY CLERK <br /> 04/19/99 02:19p■ 1 of 3 <br /> OR BK 4134 PG .. 143 1 <br /> ORDINANCE NO.: 7 0 8 <br /> AN ORDINANCE OF THE CITY COUNCIL OF <br /> THE CITY OF ZEPHYRILI LLS, FLORIDA, A <br /> MUNICIPAL CORPORATION, AMENDING <br /> ORDINANCE _NO,: 707 KNOWN AS_ THE <br /> TRANSPORTATION IMPACT FEE ORDINANCE <br /> SECTION V(C)(2) "FAIR SHARE FORMULA" TL <br /> (TRIP LENGTH) AND SECTION VIII "TRUST <br /> FUNDS ESTABLISHED" AND PROVIDING FOR <br /> AN EFFECTIVE DATE. <br /> BE IT ORDAINED by the.City Council of the City of Zephyrhills, Florida, <br /> sitting in regular meeting that: <br /> Section 1: That Section V(C)(2) Fair Share 'Formula TL of the <br /> Transportation Impact Fee Ordinance is hereby amended and shall henceforth read as <br /> follows: <br /> TL =Trip Length: <br /> 4.73 miles/trip for all residential development <br /> 2.25 miles/trip for the following commercial: <br /> Sit-down restaurants <br /> Banks/Savings and Loan/Financial Institutions <br /> Convenience Market <br /> Shopping Centers less than 50,000 GSFLA <br /> 0.9 mile-trip for the following commercial: <br /> Service Station, • ' <br /> Drive-thru and Fast-food Restaurants <br /> Shopping Centers more than 50,000 GSFLA <br /> Trip length(miles/trip) is determined by the following <br /> formula: <br /> (GSFLA *0.000045) <br /> 4.68 miles/trip for all other uses <br /> Section 2: That Section VIII Trust Funds Established of the Transportation <br /> Impact Fee Ordinance is hereby amended and shall henceforth read as follows: <br /> SECTION VIII. Trust Funds Established. <br /> A. There is hereby established a trust funds for transportation <br /> improvements. <br /> Record and Return to: <br /> City Clerk's Office <br /> 5335 8th Street <br /> Zephyrhills, FL 33540 `r <br />
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