560 TFC 2015 STIPCITY OF YELM
RESOLUTION NUMBER 560
ADOPTING TRANSPORTATION FACILITIES CHARGES BASED ON THE 2015 SIX YEAR TRANSPORTATION
IMPROVEMENT PROGRAM
WHEREAS, Section 18.16.090 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 2015 STIP by Resolution Number 559 on July 28,
2015; and
WHEREAS, the TFC is calculated by the following formula:
STIP x LP x TG — BG
_ ( ) TG )
TFC —
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 1 st year of the latest STIP; and
WHEREAS, in 2015 STIP equals $21,223„900, LP equals 37%, TG equals 2,813 peak PM trips
based on a total growth rate of 6%, BG equals 2,368 peak PM trips based on a background growth rate of
3%, and BT equals 1,983 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 $1,497 per new peak PM trip based on the 2015 Six Year
Transportation Improvement Program and the TFC calculation adopted at Section 18.16.090 Yelm
Municipal Code.
APPROVED this 25th day Apost, 2015
Ron°Harding4Aa`yor //
ATTEST: moi'
Jyhine Schnepf, City Clerk