Ordinance 2496-00 - Laserfiche WebLink

based on the project's percentage of the total peak hour traffic trips at the horizon year on the facility to be improved. 10.3. Generally, an applicant should expect to pay the fair share fee in accordance with the formula in this section along with any local improvements that may be needed. Further explanation on whether improvements or fees in fact address all or part of a project's local and systemwide impacts can be found in sections 8.7, 9.1, 9.2, 12, and associated definitions in section 18 of this chapter. Section 11: Requirements for transportation improvements when traffic analysis is not required 11.1. If a traffic analysis is not required under section 4 of this chapter, but the proposed project would generate more than 10 vehicle trips per day, the applicant shall mitigate the project's transportation impacts as follows. 11.2. The applicant shall implement, or pay the City the cost of implementing, local transportation improvements as required by City code and the City Engineer to meet street standards, safety requirements, or other localized impacts on or in close proximity to the project site that have been identified in the project review process. 11.3. The applicant shall pay a fee for transportation system improvements in an amount equal to nine hundred dollars ($900) for each PM peak hour trip that the project will produce, as determined in the latest edition of the ITE Trip Generation Manual or as otherwise approved by the City Engineer. Any agreement to pay in accordance with the provisions of this section shall be in a form provided in section 13 of this chapter. 11.4. For projects within the core area (see Section 16 of this chapter and Exhibit 1), the fee shall be calculated by using fifty (50) percent of projected trip generation using the ITE Trip Generation Manual, or as otherwise approved by the City Engineer based on reasonable trip generation assumptions. This fee to mitigate transportation system impacts in the core area shall be phased in over a two year period in equal increments, with the fee beginning on the effective date set at $300 per PM peak hour trip. After one year the fee shall increase to $600 per PM peak hour trip. After two years the fee shall increase to $900 per PM peak hour trip. Level of service and related analyses specified under this chapter shall not apply to projects within the core area unless the City has determined that a traffic analysis is required under sections 4 and 5 of this chapter. The basis and adequacy of this fee will be reviewed every five years as part of the City's GMA five-year comprehensive plan review process. 11