Sparks City Council Meeting 12/11/2017 2:00:00 PMMonday, December 11, 2017 2:00 PM
Council Chambers, Legislative Bldg, 745 4th St., Sparks, NV
Consent Items: 8.3
A Business Impact Statement is not required because this is not a rule.
This Agreement is entered into for the Impact Fee Service Area #1(IFSA#1) impact fee credit program. Impact Fee Agreement #27 is a master agreement that will allow Toll NV Limited Partnership to participate in the impact fee program. This agreement has been reviewed by the Impact Fee administrator and the City Attorney's Office and has been found acceptable. Staff recommends approval.
This agreement is the City's standard master form agreement and establishes the administrative rules for the use of impact fee credits within Impact Fee Service Area #1. Upon approval, Toll NV Limited Partnership will be eligible to receive impact fee credits for use within Impact Fee Service Area #1.
1) The City Council could approve the agreement as submitted by Staff.
2) The City Council could chose to deny the agreement and provide the City Manager with alternative direction.
I move to approve Impact Fee Agreement #27 withToll NV Limited Partnership.
Impact Fee Agreement No 27.pdf