478 Trans Facility ChargeCity of Yelm
Resolution No. 478
A RESOLUTION adopting Transportation Facilities Charges based on the 2007 to 2013 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 2007 - 2013 STIP by Resolution Number
477 on July 24, 2007; and
WHEREAS.. the TFC is calculated by the following formula
(.4TtI' x LP~x ~ TG BG
TF(' = TG
(TG -~ B T
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 Sc year of the latest
STIP; and
WHEREAS, in 2007 STIP equals $14,640,000, LP equals 37%, TG equals 2,965 peak
PM trips based on a total growth rate of 6%, BG equals 2,354 peak PM trips based on a
background growth rate of 2%, and BT equals 2,090 peak PM trips;
NOW. THEREFORE, THE CITY COUNCIL OF THE CITY OF YELM, WASHINGTON DO
RESOLVE AS FOLLOWS:
The Transportation Facility Charge is hereby adopted at $1,276 per new peak PM trip based on
the 2007-2013 Six Year Transportation Improvement Program and the TFC calculation adopted
at Section 15.40.020 (B)(5) Yelm Municipal Code.
PASSED~nd signed it ayfFj,~ntication on this 24`" day of July, 2007
on Hard
Authenticated:
~l%~~ -. _ __ - - _ _ -- _
J ine Schnepf, City rk