05/09/2008 (2) - Laserfiche WebLink

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County Administrator Joe Baird summarized staff's position, and emphasized that due to the current economy, impact fees should not be increased. He recommended the Board accept the study, eliminate the solid waste and library impact fees, and not increase the impact fees at this time. He expressed that if the impact fees were increased right now, it would slow the community's economy even further. The Commissioners voiced their concerns and the particulars of what they wanted to see in the report. Clancy Mullen, Consultant from Duncan Associates, Administrator Baird, and Director Keating addressed the Board's questions regarding land and construction costs; fees and credits as they relate to impact fees; credits for principal repayment and capacity expanding improvements; and ad valorem bond issues pertaining to construction. Mr. Mullen briefly highlighted portions of his Impact Fee Update using a Power Point presentation (copy on file). He divulged that the basic factor for increasing fees is that costs have gone up. He pointed out that no changes had been made to the formula, and that the same travel demand characteristics that had come out of the previous study were used for the calibrated trip lengths. He said they calibrated the travel demand for each land use, and reduced it by 24.1 %, to account for the fact that there was not as much travel on the roadways as originally predicted by the generation rates. Mr. Mullen recapped the ratio of fees by County, as it pertained to non-residential versus residential fees; and informed the Board that Indian River County is in line with its neighboring Counties. He clarified the alternative revenue neutral fees, and the percent of maximum fees that the Board could adopt. There was a brief discussion regarding donated land, the details of moving Osceola Magnet School, and increasing core capacity. 3 May 9, 2008 Special Call