553 STIP Transportation Facility ChargeCITY OF YELM
RESOLUTION NUMBER 553
ADOPTING TRANSPORTATION FACILITIES CHARGES BASED ON THE 2014 SIX YEAR
TRANSPORTATION IMPROVEMENT PROGRAM
WHEREAS, Section 15.40.020 (B)(5) Yelm Municipal Code establishes a impact
fee related to the transportation system; and
WHEREAS, the fee is calculated based on the most current version of the Six Year
Transportation Improvement Program (STIP); and
WHEREAS, the Yelm City Council adopted the 2014 STIP by Resolution Number
552 on July 22, 2014; and
WHEREAS, the TFC is calculated by the following formula:
STIP x LP x TG — BG
TFC _
TG
TG — BT
Where STIP is the total cost of all capacity related improvements on the Six Year
Transportation Improvement Program, LP is the percentage local traffic (generated
within the City of Yelm) represents of the total traffic at the intersection of 1st Street and
Yelm Avenue, TG is the total traffic growth (Peak PM), based on an annual growth rate
applied to the base traffic count over the six year period covered by the latest STIP, BG
is the background traffic growth (Peak PM), based on an annual growth rate applied to
the base traffic count over the six year period covered by the latest STIP, excluding any
new development, and BT is the baseline traffic (Peak PM) in the 1st year of the latest
STIP; and
WHEREAS, in 2014 STIP equals $17,176,900, LP equals 37%, TG equals 2,753
peak PM trips based on a total growth rate of 6%, BG equals 2,186 peak PM trips
based on a background growth rate of 2%, and BT equals 1,941 peak PM trips;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Yelm The
Transportation Facility Charge is hereby adopted at $1,612 per new peak PM trip based
on the 2014 Six Year Transportation Improvement Program and the TFC calculation
adopted at Section 15.40.020 (B)(5) Yelm Municipal Code.
APPROVED thi122' ;dayply, 2014.
Xc�lv
Ron Harding, migior
ATTEST:
0, W�
Jan' a Schnepf, City Cler
00
Lf)
00
O
0 00
0- Q
K:T W
@ @
M N
'+''
>
M tD
i --I N
N
V
vi
+
M tD
Ln
c
a
V} -LnN
ti0
_
@
cu
O
N
v N
cz L
L U
U
u p
LL-c)LL
~
N
n
LL
~ 4J
N
to N
r o
N
E
EO
C O
'+-+
W tmp
+' CL
Q
O'
O
O
x L
W D_
x
W
+n
Ln
N
L(1
to ^e) i
Lf1
N L
.V
@ @
O
'+''
>
L V
N
V
vi
+
. �
Ln
c
a
_
@
cu
O
N
v N
C L
iV-+
cn
Q
E Y
X 'O
O_
W
Q
V
@
zi-
M
00
00 �D
N
V
U
V
1
C�V
,ell
177-30
I Hl
al.Nw
3v I
IM 3%, ON "RI'Mo
.1 1 NIT ill
16,
qh
AIIIvin"i ffliwlw;
AIN
s IN
ILL
.10
I -W
Nc'
I-Ikai,io
le.
I vk��' - v� m
IN li.� i MCI
9u
—71IF'. —mo, s IRI ER
IA
CL
�gwjn.
A—A.Ml—.Nda CL
IA
C
' uil
NIIO