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� � r <br />breakdown of Countryside fees paid after June 5, 1985, and noted <br />they are paying $2,163 as of the last increase. <br />Chairman Bird recapped that out of 640 some total units, we <br />are acknowledging approximately 174 vested; we, therefore, know <br />there are approximately 470 that are not vested, and we know <br />those by specific lot numbers. So, as those units are resold, <br />the prevailing impact fee at the time of sale will be paid, but <br />after a certain period of time, the developer pays for the unsold <br />ones. <br />Administrator Chandler confirmed that the developer under <br />the terms of the 185 agreement is responsible for paying the <br />entire amount of ERUs by 1995. <br />Commissioner Scurlock discussed possibly extending the <br />vesting period for this group. We are now to an impact fee of <br />$2,163, but he believed some residents did not pay earlier <br />because they were waiting for this matter to be resolved. He, <br />therefore, has some sympathy for allowing them to pay in at a <br />lower amount. <br />Discussion followed as to the amount, and Administrator <br />Chandler noted that at the time we adopted the new rate <br />structure, the fee we gave the option to vest at for a certain <br />period was $1,004.17. <br />Commissioner Scurlock stated that is -the figure he felt we <br />still should extend. -to these residents to vest in and pay now. <br />Commissioner Wheeler pointed out that we will have to pick <br />up the difference between $2,163 and $1,004, and Commissioner <br />Scurlock agreed there is no doubt that we have to make up that <br />difference. <br />Discussion ensued as to how long a period of time should be <br />allowed for such payments. <br />Commissioner Scurlock felt it should be a fairly reasonable <br />period of time, and Chairman Bird noted that if they don't sell <br />between now and 1995, they don't have to pay anything; so, it is <br />a judgment call. <br />Commissioner Scurlock agreed, but he believed a lot of <br />people are sitting on the sidelines and have not made a decision <br />based on what may come out of this meeting. <br />Chairman Bird referred to the ordinances where we increased <br />the impact fee and asked why did we make those increases if it <br />wasn't to bring the impact fee to a point that made it financi- <br />ally feasible to vest that unit in the system? <br />Director Pinto explained that when you are paying the fee <br />directly into the impact fee fund, it is different than paying it <br />into an escrow fund anticipating connection. When someone <br />actually becomes a customer of the system, that is vesting. When <br />4 s <br />21 «iabK01 <br />�,r.-��:�►� <br />MAY 14 1991 <br />It <br />