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INDIAN RIVER COUNTY, FLORIDA MEMORANDUM Public Hearing (Legislative) 10 tA, TO: Joseph A. Baird; County Administrator DEPARTMENT HEAD CONCURRENCE: Community Develo en Stan Boling, AICP C ty t Director FROM: Phil Matson, AICPj— MPO Staff Directo DATE: April 7, 2014 SUBJECT: Request for the Board of County Commissioners to Consider an Ordinance to Approve New Impact Fee Schedules for Non -Residential Uses for the Unincorporated Indian River County and Municipalities It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of April 22, 2014. DESCRIPTION & CONDITIONS To address infrastructure costs associated with new growth, Indian River County has, since 1986, imposed traffic impact fees on new development. In 2005, the County adopted impact fees for eight additional services/facilities. Since their adoption, impact fees have generated considerable revenue, and impact fees are now among the largest single source of funding for infrastructure projects in Indian River County. According to the Indian River County Impact Fee Ordinance, the County must periodically review and update its impact fee schedule. Since the last update was performed in 2009, the county determined last year that a new impact fee study was needed. With that in mind, staff prepared a Scope of Services for an Impact Fee update, incorporated the Scope of Services into a Request for Proposals (RFP) for consultant services, and issued the RFP. Although the Scope contained activities included in a typical impact fee update, the Scope also directed the Consultant to develop strategies to reduce non-residential impact fees. In July 2013, the Board of County Commissioners (Board) selected Tindale -Oliver & Associates, Inc. (Consultant) to develop the Impact Fee Update. The resulting contract required the Consultant to review the county's existing impact fee formulas and policies; review previously authorized impact fee studies; utilize the latest available data to update impact fee variables and inputs; update land acquisition and infrastructure costs; review existing levels of service (for non -traffic fee categories only); update impact fee credits; and develop an updated impact fee cost schedule(s). In addition, the contract required the Consultant to review each of the F:\Community Development\Impact Fee \2014- IF Study\BCC staff report for adopting non-residential IFs April 22.doc 1 26