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File #: O-300-19    Version: Name:
Type: Ordinance Status: Tabled
File created: 8/19/2019 In control: Public Works Committee
On agenda: 11/12/2019 Final action:
Title: AN ORDINANCE AMENDING PORTIONS OF LOUISVILLE METRO CODE OF ORDINANCES ("LMCO") CHAPTER 164 REGARDING THE SYSTEM DEVELOPMENT CHARGE TO INCREASE CONTRIBUTIONS AND ELIMINATE THE SUNSET PROVISION. (AMENDMENT BY SUBSTITUTION.)
Sponsors: Anthony Piagentini (R-19)
Attachments: 1. O-300-19 V.2 CABS 082219 Amending LMCO Chp 164 System Development Charge.pdf, 2. O-300-19 V.1 082219 Amending LMCO Chp 164 System Development Charge.pdf
ORDINANCE NO. _________, SERIES 2019
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AN ORDINANCE AMENDING PORTIONS OF LOUISVILLE METRO CODE OF ORDINANCES ("LMCO") CHAPTER 164 REGARDING THE SYSTEM DEVELOPMENT CHARGE TO INCREASE CONTRIBUTIONS AND ELIMINATE THE SUNSET PROVISION. (AMENDMENT BY SUBSTITUTION.)
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SPONSORED BY: COUNCIL MEMBER ANTHONY PIAGENTINI
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WHEREAS, the System Development Charge was adopted by the Metro Council in 2006 (Ordinance No. 66, Series 2006) with a sunset provision established in LMCO ? 164.50;
WHEREAS, Louisville Metro Government wishes to extend the System Development Charge beyond retirement of the existing bond obligations;
WHEREAS, Louisville Metro Government seeks to restructure the required contributions in the System Development Charge to better ensure that adequate roadway infrastructure is provided in developing areas of Metro Louisville;
WHEREAS, additional fees are needed to pay for new road infrastructure for new development, but the current fees are dedicated to pay off bonds for past infrastructure needs;
WHEREAS, the creation of additional fees will be used exclusively to pay for new projects, will be spent within the applicable Transportation Benefit District subject to two exceptions, and will not apply to existing bonded indebtedness;
NOW, THEREFORE, BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AS FOLLOWS:

SECTION I: A new subsection in LMCO ? 164.02 is added as follows: (H) Louisville Metro Government established a supplemental charge and reenacted this chapter with a restructure of the required contributions in the System Development Charge to better ensure that adequate roadway infrastructure is provided in developing areas of Metro Louisville.
SECTION II: The following definitions in LMCO ? 164.15 are amended or added as follows:
CONTRIBUTION OF LAND, MONEY, OR SERVICES. Contributions, payments, construction or dedications to Louisville Metro that are part of ...

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