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a. Documentation of trip generation rates as appropriate for the proposed land development activity. b. Basis for trip distribution, traffic assignment and trip lengths. c. Estimates of the cost to replace the portion of the design capacity used by the traffic generated by the proposed land development activity on each of the affected roads (this cost shall include consideration of a reasonable inflation rate, right-of-ways costs , plans preparation costs and other cost which may reasonably be expected for the necessary road improvements) . d. Tax revenues derived from the proposed land development activity which can reasonably be projected to be available for these capacity replacement costs. e. The amount of any shortfall of these projected revenues when compared to the required capacity replacement costs. This documentation shall be prepared and presented by qualified professionals in their respective fields and must be based on studies, surveys and reports using standard practices and accepted methodological procedures. The mathematical assumption formulas and generation rates used in this Ordinance shall not be used as a basis without independent documentation. The City Manager, or his designee, shall be authorized to reject any independent calculation not meeting the above criteria. 2. Fair Share Formula: The following Fair Share Formula may be used for those planned developments for which a traffic impact analysis has been prepared for the purposes of determining the external trips imposed by the development on the Major Road Network System. The Official Daily Trip Generation Rate as shown in subparagraph C3 shall be used as the basis for calculating the total external trips for the planned development. The City Manager, or his designee, shall review the traffic impact analysis and determine the "Fair Share Fee" to be paid in accordance with the following formula. Any applicant may challenge the City Manager ' s determination of the fee by filing a petition with the City Council to determine the appropriate "Fair Share Fee" within thirty ( 30) days of the determination by the City Manager, or his designee. The formula used to determine the traffic impact fee is: ( ( (TGR/2) /CAP) X (COSTCON X TL) ) X N % where: TGR = Trip Generation Rate 2 = the allocation of half the impact to the origin and half to the destination CAP = average capacity of one lane of roadway (7500 vehicles/lane/day) COSTCON = average cost to construct one lane-mile of roadway (weighted average for City, County and State in Pasco County transportation impact fee zone 6 currently calculated to be $315 ,753 ) TL = Trip Length: 5. 8 miles for all residential development . 5 miles/trip for commercial including: All restaurants Convenience Market Service Station 0. 11. 1742 PG 0171