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Ordinance Temporarily Reducing Impact Fees. Board of County Commissioners Public Hearing May 10, 2011. Presentation Outline. Purpose Background Fee Reduction Examples Applicability Timetable Action Requested. Purpose.
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OrdinanceTemporarily Reducing Impact Fees Board of County Commissioners Public Hearing May 10, 2011
Presentation Outline • Purpose • Background • Fee Reduction Examples • Applicability • Timetable • Action Requested
Purpose Public Hearing for an Ordinance temporarily reducing the Law Enforcement, Fire Rescue Services, Roads, Schools, Parks and Recreation Impact Fees
Background On March 29, 2011 the Board of County Commissioners (BCC) approved: • 25% Reduction of Impact Fees • Effective for 18 months or until Fee is updated • Consult with Orange County Public Schools (OCPS) concerning the School Impact Fee
Background (cont.) • Definition: Impact Fees are one-time assessments charged by local governments to new development to fund a proportionate share of capital improvements attributed to that development.
Background (cont.) • Impact Fees - Fire/Rescue Services - Law Enforcement - Roads - Parks and Recreation - Schools
Background (cont.) • Payment due at building permit • For Capital Expenditures only • School and Parks/Recreation Impact Fees are charged to residential uses only • Require Periodic Review • Updates all due 2011
Background (cont.) • School Impact Fee - Study Update Completed - Scheduled for Public Hearing (June 7, 2011) • School Board Action (April 26, 2011) - Requested BCC to reduce the Fee consistent with Updated Study
Background (cont.) Updated School Impact Fee
Fee Reduction Examples 25% Reduction - Single Family Residence: *50% Discount
Fee Reduction Examples (cont.) 25% Reduction - Hotel (119 Rooms):
Fee Reduction Examples (cont.) 25% Reduction - High Turnover Restaurant (7,337 sq. ft.):
Fee Reduction Examples (cont.) Summary Totals: *Includes 50% School Reduction
Applicability Discount does not include: • Water and Wastewater Capital Charges • Workforce Housing Pilot Project • Other Discount Programs • Preexisting Agreements • Alternative Impact Fees
Timetable • BCC Discussion Item March 29, 2011 • LPA Public Hearing April 21, 2011 • OCPS April 26, 2011 • BCC Public Hearing May 10, 2011 • Effective Date May 13, 2011
Action Requested Make a Finding of Consistency with the Comprehensive Plan and Approve the Ordinance Temporarily Reducing Impact Fees. All Districts
OrdinanceTemporarily Reducing Impact Fees Board of County Commissioners Public Hearing May 10, 2011