Oklahoma City Municipal Code § 60-38-1 Parks development fees.
§ 60-38-1. - Parks development fees.
(a) The parks development fees will be assessed and collected for square feet of development at the rate per square foot of residential development in dollars as set forth below:
Rate for Square Feet of Residential Development: $ 0.37/square foot
Provided, however, parks development fees:
(1) Paid prior to January 1, 2018, parks development fees for residential developments, shall be assessed and collected at 50% of the rate shown above.
(2) Paid between January 1, 2018 and June 30, 2018, inclusive, parks development fees shall be assessed and collected at 100% of the rate shown above.
(3) Paid thereafter (on or after July 1, 2018), parks development fees will be assessed and collected based upon the parks development fees rate as will be adjusted on July 1, 2018, and annually on July 1 of each year thereafter in accordance with the following formula rounded up to the nearest full cent:
Fee = (R) (X) (Y / Z)
Where:
R = the rate per square feet of development in the table above.
X = the number of square feet of development (residential).
Y = "Engineering News Record": Twenty City Average Construction Cost Index as published the last week of June of the most current year.
Z = "Engineering News Record": Twenty City Average Construction Cost Index as published the last week of June of 2015 being 10039.
(4) Staff will present to Council at a public meeting an annual report on development fee funds, revenues and improvements. Staff will present to Council at a public meeting an annual report on the development fee rate adjustment.
(b) The City hereby makes a legislative determination that developments use and affect parks public infrastructure systems related to the parks system and trails system and, therefore, the parks development fees will be apportioned among recreation systems including the parks system and the trails system as set forth in the tables below.
(1) Allocation of Parks Development Fees established in Subsection (a) above among Recreation Systems for developments without existing local park exemptions.
Park System | Trails System
70 % | 30 %
(2) Allocation of Parks Development Fees established in Subsection (a) above among Recreation Systems for developments with existing local park exemptions under Oklahoma City Municipal Code Section 38-1 (l) or (t) or (u).
The Parks Development Fee shall be the rate per square foot of development in Subsection (A), above, times the square feet of development less 38% of said sum for the existing local park exemption.
Exempt Portion | Park System | Trails System
38% | 32% | 30%
(c) The parks development fees for each development will be assessed, collected, allocated and expended among the service areas or benefit areas.
Parks Service Areas / Benefit Areas Map
[image omitted; see the official code]
A copy of the Parks Service Areas / Benefit Areas Map is on file in the Office of the City Clerk, which map is controlling.
(d) Existing Local Park Area Map
(Oklahoma City Municipal Code § 38-1 (T)).
[image omitted; see the official code]
A copy of the Existing Local Park Area Map is on file in the Office of the City Clerk, which map is controlling.
(Ord. No. 25,374, § 3, 4-26-16)