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Pub Hearing -N.. Legislative INDIAN RIVER COUNTY, FLORIDA 10A:- MEMORANDUM TO: Joseph A. Baird, County Administrator DEPARTMENT HEAD CONCURRENCE T'HRU: Stan Boling, AICP Community Development Director FROM: Sasan Rohani, AICP <4 ' Chief, Long-Range Planning DATE: February 26, 2014 SUBJECT: Consideration of an Ordinance to Temporarily Extend the Suspension of 'Three Impact Fees for One Year or Until the Current Impact Fee Review is Completed and a New Impact Fee Schedule is Approved and Becomes Effective, Whichever. Occurs First It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of March 11, 2014. DESCRIPTION AND CONDITIONS On March 3, 2009,the Board of County Commissioners considered several alternatives to reduce impact fees for the purpose of stimulating economic development in the County. After discussion,the Board decided to suspend collection of five of the County's nine impact fees for six months. The five suspended impact fees were: the Emergency Services Facilities Impact Fee, the Correctional Facilities Impact Fee, the Public Buildings Impact Fee,the Law Enforcement Impact Fee,and the Solid Waste Facilities Impact Fee. As approved, the impact fee suspension ordinance applied only to impact fees associated with a building permit, and it required that a certificate of occupancy be obtained within eighteen months of building permit issuance. Otherwise, the fee amount attributable to the five suspended fee categories became payable. Subsequently the Board extended the impact fee suspension several times. In 2011, however, the Board voted to suspend only three impact fees (correctional facilities, public buildings, and solid waste facilities). Those impact fees were suspended from April 1, 2011 until March 31, 2012. 'Then, on March 13, 2012. the Board extended suspension of the three impact fees i'or two years until March 31, 2014, I 94