573 Updated School Impact FeeCITY OF YELM
RESOLUTION 573
A RESOLUTION OF THE CITY OF YELM ESTABLISHING AN UPDATED SCHOOL IMPACT FEE PURSUANT TO SECTION
18.16.090 YELM MUNICIPAL CODE
WHEREAS, Section 18.16.090 (B) Yelm Municipal Code establishes a impact fee related
to Schools; and
WHEREAS, the fee is calculated based on the most current version of the Capital
Facilities Plan adopted by Yelm Community Schools and endorsed by resolution of the Yelm City
Council; and
WHEREAS, the Board of Directors of Yelm Community Schools adopted an update to the
Districts Capital Facilities Plan on July 28, 2016, and
WHEREAS, the Board of Directors also adopted an updated Impact Fee Rate Study for
Schools which establishes the need for an impact fee of $4,450 per single family dwelling and
$1,812 per multi -family unit, and
WHEREAS, the City of Yelm desires to endorse the Capital Facilities Plan and Impact Fee
Study pursuant to Section 18.16.090 (B) YMC;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Yelm:
1. The Capital Facilities Plan adopted by the Board of Directors of Yelm Community Schools
is hereby endorsed by the City of Yelm.
2. The School impact fee pursuant to Section 18.16.090 (B) YMC is established at a rate of
$4,450 per single family dwelling and $1,812 per multi -family unit.
APPROVED this 28th day of March, 2017.
JYV Foster, May r
ATTEST:
Lori Mossman, City Clerk