§ 14.3.12. Methodology for Determining Fees

(A)

Fee in Lieu of Land (City Code § 25-1-605). PARD shall submit annually a fee derived from a Land Cost Per Person. The Land Cost per person will be calculated from the variables in the table below. PARD will update the variables annually to establish the fee and present the fee for adoption by City Council with the City's annual Fee Schedule.

Variables	Description
Parkland Level of Service	Population/Park Acres expressed as 1 acre per X people OR X acres per 1,000 people
Park Acres	Park Acres (excludes Metro and District Parks)
City Population	Current city population
Parkland Cost Factor	Average land cost of acres purchased over the last five years

 

(1)

The formula to calculate the fee is as follows:

Step 1: Parkland Cost Factor/Parkland Level of Service = Land Cost Per Person.

Step 2: Density (2.8, 2.2 or 1.7) X Land Cost Per Person = Fee In-Lieu of Land by Density.

(B)

Fee for parkland development (City Code § 25-1-606). PARD shall submit annually a fee derived from a Park Development Cost per person. The Park Development Cost per person will be calculated from the variables in the table below. PARD will update the variables annually to establish the fee and present the fee for adoption by City Council with the City's annual Fee Schedule.

Variables	Description
Facilities Level of Service	Population/Number of Developed Parks expressed as 1 park per X people
Number of Developed Parks	Count of all developed parks
City Population	Current city population
Park Development Cost Factor	Average cost of last 5 neighborhood parks

 

The formula to calculate the fee is as follows:

Step 1: Parkland Cost Factor/Parkland Level of Service = Land Cost Per Person.

Step 2: Density (2.8, 2.2 or 1.7) × Park Development Cost Per Person = Parkland Development Fee by Density.

Source: Rule No. R161-16.15 , 9-19-16.