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County Attorney's Agenda - B.C.C. 4.15.14 Office of INDIAN RIVER COUNTY ATTORNEY 1 Dylan Reingold, County Attorney William K. DeBraal, Deputy County Attorney Kate Pingolt Cotner, Assistant County Attorney MEMORANDUM TO: Board of County Commissioners ((�� FROM: Dylan Reingold, County Attorney°(\--- DATE: April 9, 2014 SUBJECT: Public Education Facilities Impact Fee Interlocal Agreement On April 8th, the Board of County Commissioners requested that the County Attorney's Office research Indian River County's (the "County") responsibility with respect to the collection of the public education facilities impact fee (the "impact fee"). Under the Interlocal Agreement Between Indian River County, Florida and the School Board of Indian River County, Florida Relating to Public Education Facilities Impact Fees (the "Interlocal Agreement"), when the County collects the public education facilities impact fee, the County maintains the impact fee in a "segregated, account, earmarked solely for Public Education Facilities Impact Fees." By the twentieth working day of each month, the County transfers to the School Board all of the impact fees that were collected in the preceding month, less the amount retained for administrative charges. Upon transfer of the impact fees, the County provides a report to the School Board which includes 1) the number and general location of residential building permits issued by unit type; 2) the amount of impact fees collected by unit type; 3) the number and amount of impact fee refunds; and 4) any other information necessary for the accounting and expenditure of the impact fee funds. These tasks are being handled by Finance, Budget, and Community Development staff Approved for April 15, 2014 BCC Meeting County Attorney's Agenda COUNTY ATTORNEY F.. AttorneyltnddtGENERALIB C CtAgenda MemoslSchoof Board Impact Fee ILA_doc 240 Indian River Co. Ap ;i ved Date Admin. f" 1J/j0 Co. Atty. /4T i, Budget Department y /�% Risk Management -- -' — 240