1. Economic Incentive Plan Board of County Commissioners Discussion Item February 12, 2013

2. Background Provisions Options Requested Action Presentation Outline

3. Background Provisions Options Requested Action Presentation Outline

4. Background Orange County implemented economic incentive provisions in 2009 Renewed in 2011, 2012 Extended provisions to March 31, 2013

5. Background Challenging economic conditions required measures to allow continued development activity and support local businesses Extending development permitting and waiving certain fees was designed to reduce refund requests and spur economic activity and job creation Promoting infill and redevelopment minimizes sprawl and optimizes the use of existing infrastructure

6. Background Provisions Options Requested Action Presentation Outline

7. Provisions 1.Extended building permits 2.Extended concurrency encumbrances and reservations 3.Indexing of impact fees 4.Waived increased impact fees for certain changes of use

8. Provisions 1.Extended building permits Six months to one year initial period Permits are automatically extended with a passed inspection  Current projects are moving forward

9. 2.Extended concurrency encumbrances and reservations Concurrency encumbrance extended 180 days to 1 year  Projects coming in today are ready to go  No cost hold on available capacity  Some roads are nearing capacity  60 day Extensions are available from the CMO Provisions

10. 2.Extended concurrency encumbrances and reservations Concurrency reservation extended 3 years to 5 years Allowed for incremental payments over extended period of time Minimize refunds  Projects coming in today are ready to go Provisions

11. 3.Indexing of impact fees Suspended automatic impact fee indexing until fees are updated –Fire3.5% –Law2.5% –Parks7.4% –Road3.0%  Impact Fee indexing no longer included in recent ordinance updates

12. Provisions 4.Waived increased impact fees for certain changes of use Existing, nonresidential buildings Same building footprint Located in Urban Service Area (USA) Required to be consistent with comprehensive plan and existing zoning Transportation impact fee waiver capped at $100,000 per project

13. Provisions Utilized by over 250 projects since 2009 Waived $5.6M impact fees −Transportation Impact Fees$5.4M −Fire Rescue Impact Fees$106,000 −Law Enforcement Impact Fees$110,000  Change of use for transportation extended in transportation impact fee update until August 2014  Fire and Law fee waivers relatively low

14. Provisions Change of Use activity in the Urban Area

15. Background Provisions Options Requested Action Presentation Outline

16. Options Option 1: Allow incentives to sunset Provisions end March 31, 2013 Doesn’t require any action by BCC Change of use for transportation impact fees included with update Option 2: Extend certain provisions by 1 year Would require update to respective codes and LPA / BCC public hearing

17. Background Provisions Options Requested Action Presentation Outline

18. Requested Action Board direction regarding extension of economic incentive provisions. All Districts

19. Economic Incentive Plan Board of County Commissioners Discussion Item February 12, 2013