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<br />OR BK 4- 100 <br />6 of 11 <br /> <br />PB 1 4- 19 <br /> <br />v <br /> <br />C. The "Fair Share Feetl shall be detennined by using either of the following methods: <br />1. Independent Calculation: Any person may determine his tlFair Share Fee" by <br />providing traffic and economic documentation that his economic impact on the major road <br />network system is less that the "Fair Share Feetl as detennined under subparagraph C2 below. The <br />documentation submitted shall show the basis upon which the "Fair Share Fee" has been <br />calculated, including but not limited to the following factors: <br />a. Documentation of trip generation rates as appropriate for the proposed land <br />development activity. <br />b. Basis for trip distribution, traffic assignment and trip lengths. <br />c. Estimates of the cost to replace the portion of the design capacity used by the <br />traffic generated by the proposed land development activity on each of the affected roads (this cost <br />shall include consideration of a reasonable inflation rate, right-of-ways costs, plans preparation <br />costs and other cost which may reasonably be expected for the necessary road improvements). <br />d. Tax revenues derived from the proposed land development activity which can <br />reasonably be projected to be available for these capacity replacements costs. <br />e. The amount of any shortfall of these projected revenues when compared to the <br />required capacity replacement eosts. This documentation shall be prepared and presented by <br />qualified professions in their respective fields and must be based on studies, surveys and reports <br />using standard practices and accepted methodological procedures. The mathematical assumption <br />formulas and g~neration rates used in this Ordinance shall not be useel as a bas,is wit.hont <br />independent documentation. The City Manager, or his designee, shall be authorized to reject any <br />independent calculation riot meeting the above criteria. <br />2. Fair Share Formula: The following Fair Share Forrnula may be used for hose <br />planned developments for which a traffic impact analysis has been prepared for the purposes of <br />detennining the external trips imposed by the development on the Major Road Network System. <br />The Official Trip Generation 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 impact analysis and determine <br />thetlFair Share Feetl to be paid in accordance with the following formula. Any applicant may <br />challenge the City Manager's determination of the fee by filing a petition with the City Council to <br />detennine the appropriate tlpair Share Peetl within thirty (30) days of the determination by the City <br />Manager, or his designee. <br />- The formula used to determine the traffic impact fee is as follows: <br /> <br />(((TGR/2) / CAP) X (COSTCON X TL)) X N where: <br /> <br />TGR <br />2 <br />CAP <br />COSTCON <br /> <br />=Trip Generation Rate <br />=the allocation of half the impact to the origin and half to the destination <br />=average capacity of one lane of roadway (6872 vehicles/lane/day) <br />=average cost to construct one lane-mile of roadway (weighted average for <br />City, County and State within the transportation impact fee zone currently <br />calculated to be $581,002.00) <br />