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Each of the eight potential incentives is discussed individually in detail below. The impact on <br /> the three local jobs grant applicants is detailed along with additional discussion of some <br /> considerations regarding the implementation of such incentives. Please note that while the job <br /> grant applicants may not be located in the Enterprise Zone, it was assumed that they were within <br /> the boundaries for developing an estimate of the impact of the potential incentives. <br /> 1. Subsidize (in whole or in part) County Impact Fees. <br /> Due to the "proportionate share" nature of impact fees, these cannot simply be waived. Rather, <br /> non-payment of the fees by the new or expanding business must be replaced with payment of the <br /> fees by the County from another source. This incentive would result in the County funding the <br /> impact fees for new or expanding businesses in the Enterprise Zone from another source, such <br /> as; general revenues, gas tax revenues or one cent sales tax revenues. It is difficult to estimate <br /> the countywide impact of this incentive whether implemented in the Enterprise Zone only or on a <br /> countywide basis. For comparative purposes, please see the table below showing the collection <br /> of commercial impact fees over the last five(5) years. <br /> FY FY FY FY FY <br /> Impact Fee Type 2007/08 2008/09 2009/10 2010/11 1 <br /> Traffic Fees $1,566,845 $702,339 $582,873 $583,142 $583,805 <br /> Other Facilities $778,057 $175,132 $12,819 $34,998 $125,754 <br /> Water & Sewer Fees $771,549 $376,769 $562,150 $408,944 $577,897 <br /> Total $3,116,451 $1,254,150 $1,157,842 $1,027,084 $1,287,456 <br /> Each of the proposed additional incentives was presented to the Enterprise Zone Development <br /> Agency (EZDA) on November 8, 2012. The consensus of the EZDA was to not recommend <br /> approval of this incentive. Please see the table below for the impact that this incentive would <br /> have generated for each of the three local jobs grant applicants. <br /> 1. Subsidize County Impact Fees <br /> Estimated <br /> Additional <br /> Company Name Incentive Comments/Notes <br /> Impact fee credits on the property were <br /> more than the fees to be paid on the <br /> INEOS New Planet BioEnergy LLC $17,484 new construction for traffic and other <br /> facilities. Total is for water& sewer <br /> fees only. <br /> SpectorSoft Corporation $0 Company operates in leased office <br /> space, so no impact fees were paid <br /> Company continues to use existing <br /> Communications International Inc. $0 facilities. No building expansion, so no <br /> ..., fees were due. <br /> Total $17,484 <br /> 114 <br />