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• <br /> assumption formulas and generation rates used in this Ordinance <br /> shall not be used as a basis without independent documentation. <br /> The City Manager, or his designee, shall be authorized to reject <br /> any independent calculation not meeting -the-above-criteria. <br /> 2. Fair Share Formula: The following Fair Share <br /> Formula may be used for those planned developments for which a <br /> traffic impact analysis has been prepared for the purposes of <br /> determining the external trips imposed by the development on the <br /> Major Road Network System. The Official Daily Trip Generation <br /> Rate as shown in subparagraph C3 shall be used as the basis for <br /> calculating the total external trips for the planned development. <br /> The City Manager, or his designee, shall review the traffic <br /> impact analysis and determine the "Fair Share Fee" to-be paid in <br /> accordance with the following formula. Any applicant may <br /> challenge the City Manager' s determination of the fee by filing a <br /> petition with the City Council to determine the ,appropriate "Fair <br /> Share Fee" within thirty ( 30) days of the determination by the <br /> City Manager, or his designee. - <br /> The formula used to determine the traffic impact fee is: <br /> ( (TGR/2)/CAP) X (COSTCON X TL) ) X N where: <br /> TGR . = Trip, 'Generation_ Rate,_ _- . <br /> 2 = the allocation of half the impact to the origin and <br /> half .to the destination <br /> CAP = average capacity of one lane of roadway <br /> (7299 vehicles/lane/day) <br /> COSTCON = average cost to construct one lane-mile of roadway <br /> (weighted average for City, County and State within the <br /> transportation impact fee zone- currently calculated to <br /> be $622,105) <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 <br /> following formula: (GSFLA * 0. 000045) <br /> 4. 68 miles/trip for all other uses <br /> N " = Ratio 'of.:=total cost charged to impactf_ee. based upon <br /> other available projected revenues currently calculated <br /> to be . 85 . <br /> 3 . Fee Schedule: The following fees have been <br /> calculated using the formulas presented above. Unless other <br /> independent studies are available, trip generation rates will <br /> be based on the most recent ITE Trip, Generation Information <br /> Report. For the convenience of the public the fees which are <br /> based on trip generation for more common land uses have been <br /> converted to a :dollar' amount and based-.on -dwelling unit, building <br /> square• footage, bed, ' parking*space or room' depending -on .the <br /> particular land use. <br /> • <br /> O.R. 317 E� �,GE i a 5, <br />