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Land Use <br />Impact <br />Impact Fee <br />Impact Fee <br />Difference <br />Percentage <br />Impact fee <br />Difference <br />Percentage <br />Unit <br />Rate Prior <br />Rate after <br />Decreased <br />rate if 3** <br />Decreased <br />to <br />Suspending <br />Impact <br />Suspension <br />5* Impact <br />Fees <br />Fees <br />Suspended <br />Single family <br />DU <br />$7,519 <br />$6,624 <br />$895 <br />12% <br />$7,023 <br />$496 <br />7% <br />less than 1500 <br />sq. ft. <br />Multi -family <br />DU <br />$4,817 <br />$4,199 <br />$618 <br />13% <br />$4,374 <br />$443 <br />9% <br />Office <br />1000 sq. <br />$5,696 <br />$3,893 <br />$1,803 <br />32% <br />$4,302 <br />$1,394 <br />24% <br />ft. <br />Retail Center <br />1000 sq. <br />$6,340 <br />$3,242 <br />$3,098 <br />49% <br />$4,078 <br />$2,262 <br />36% <br />ft. <br />General <br />1000 sq. <br />$3,539 <br />$2,464 <br />$1,075 <br />30% <br />$2;664 <br />$815 <br />25% <br />Industrial <br />I ft. <br />* Public BuRdings, Law Enforcement, Solid Waste, Fire/Emergency Services, and Correctional Facilities <br />* * Public Buildings, Law Enforcement, and Solid Waste <br />The table above shows impact fee rates for selected land uses with no fees suspended, with five fees <br />suspended, and with three fees suspended. As indicated, extending the suspension of the five currently <br />suspended impact fees will result in lower overall impact fee rates than extending the suspension of <br />three impact fees. With either alternative, however, the percentage reduction in impact fee rates is <br />higher for commercial uses than for residential uses. <br />Attached to this staff report are two proposed ordinances. One ordinance (Attachment 3) would extend <br />the suspension of the five currently suspended impact fees, while the other ordinance (Attachment 2) <br />would, as directed by the Board at its February 1., 2011 meeting, extend the suspension of three of the <br />five currently suspended impact fees. Both ordinances would extend the impact fee suspension for one <br />year until March 31, 2012. <br />According to the County's Impact Fee Interlcoal Agreements with each of the county's five <br />municipalities, the county must give the municipalities at least thirty days notice prior to making any <br />amendment to the impact fee ordinance. Said notice was provided to the municipalities by email on <br />January 20, 2011. 1 <br />ALTERNATIVES <br />With respect to the suspended impact fees, the Board has the following options: <br />1. To extend the suspension of the five currently suspended impact fees <br />2. To extend the suspension of fewer categories of impact fees <br />3. To not extend the suspension of impact fees <br />Staff supports either option 1 or 2. <br />65 <br />