1. Ordinance Temporarily Reducing Impact Fees Board of County Commissioners Public Hearing May 10, 2011

2. Purpose Background Fee Reduction Examples Applicability Timetable Action Requested Presentation Outline

3. Public Hearing for an Ordinance temporarily reducing the Law Enforcement, Fire Rescue Services, Roads, Schools, Parks and Recreation Impact Fees Purpose

4. 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

5. 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.

6. Background (cont.) Impact Fees - Fire/Rescue Services -Law Enforcement -Roads -Parks and Recreation -Schools

7. 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

8. 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

9. Background (cont.) Current FeeProposed Fee Percentage Reduction Single Family$13,041$6,52550% Multi-Family$7,338$3,92146% Mobile Home$6,994$4,34538% Updated School Impact Fee

10. Fee Reduction Examples Current FeeLess 25% Discount New Fee Law$207.84($51.96)$155.88 Fire$222.69($55.67)$167.02 Road$3,825.00($956.25)$2,868.75 School$13,041.00($6,516.00)*$6,525.00 Parks$1,391.07($347.77)$1,043.30 25% Reduction - Single Family Residence: *50% Discount

11. Fee Reduction Examples (cont.) Current FeeLess 25% Discount New Fee Law$12,559.26($3,140.41)$9,418.85 Fire$21,473.55($5,368.09)$16,105.46 Road$337,603.00($84,400.75)$253,202.25 SchoolN/A ParksN/A 25% Reduction - Hotel (119 Rooms):

12. Fee Reduction Examples (cont.) Current FeeLess 25% Discount New Fee Law$2,433.54($608.38)$1,825.15 Fire$1,816.79($454.23)$1,362.56 Road$134,854.06($33,713.52)$101,140.54 SchoolN/A ParksN/A 25% Reduction - High Turnover Restaurant (7,337 sq. ft.):

13. Fee Reduction Examples (cont.) Construction Type Current Total Fee Less 25% Discount Revised Total Fee Single Family Residence $18,688($7,928)*$10,760 High Turnover Restaurant (7,337 sf) $139,104($34,776)$104,328 Hotel (119 Rooms) $371,636($92,909)$278,727 Summary Totals: *Includes 50% School Reduction

14. Applicability Discount does not include: Water and Wastewater Capital Charges Workforce Housing Pilot Project Other Discount Programs Preexisting Agreements Alternative Impact Fees

15. Timetable BCC Discussion ItemMarch 29, 2011 LPA Public Hearing April 21, 2011 OCPS April 26, 2011 BCC Public Hearing May 10, 2011 Effective Date May 13, 2011

16. Action Requested Make a Finding of Consistency with the Comprehensive Plan and Approve the Ordinance Temporarily Reducing Impact Fees. All Districts

17. Ordinance Temporarily Reducing Impact Fees Board of County Commissioners Public Hearing May 10, 2011