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HomeMy WebLinkAbout2017-040 (approval of Development Free Rates for 2017) RESOLUTION 2017-040 APPROVING 2017 DEVELOPMENT FEE RATES WHEREAS, Council approved the 2017 fee schedule for the City of Stillwater on January 17, 2017 and the development fees were not included in this approval since the index for computing the increase had not published for the year; and WHEREAS,the index increase for 2017 is 3.5%. BE IT RESOLVED,by the City Council of Stillwater, MN that the 2017 Development Fee Rates listed below are hereby reviewed and approved, effective January 1, 2017, and shall be included in the 2017 Fee Schedule. AUAR (STORM SEWER) Single Family $5,912/acre Multi-family/Commercial $11,822/acre TRANSPORTATION ADEQUACY FUND North $7,687/acre acre $8,120 Middle $8,120/ acre Commercial $23,960/acre Residential $6,844/acre TRUNK SEWER AND WATER Phase III Annexation $17,231/acre Long Lake East $9,684/acre Long Lake West $14,604/acre Middle Trunk A (Water) $6,155/acre Boutwell East $13,698/acre Boutwell West $10,608/acre SEWER&WATER HOOKUP Sanitary Sewer $4,170 Water $4,170 Adopted by the Stillwater City Council this 21st day of February, 2017. Z*121 . Ted Kozlowski, Mayor ATTEST: Diane F. Ward, City Clerk