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Chairman Eggert returned the conversation to the suggestions <br />for tax incentives, particularly the possibility of a tax <br />abatement. <br />Ron Ewing, president of Vista Properties, emphasized that the <br />payment of impact fees up front is prohibitive to building <br />developments such as Vista Plantation, etc. He referred to a list <br />of impact fees collected by other counties in Florida and noted <br />that 76% of them are collected at the time the building permit is <br />issued and that another 5% is collected at the time the Certificate <br />of Occupancy is issued. He suggested that we create a pool of <br />money through an ad valorem tax and use that money to put in the <br />required infrastructure. He stressed that yeu can't expect a <br />developer to pay for the cost of paving miles of.roads. <br />Commissioner Scurlock advised that he proposed to the <br />Commission six months ago that we issue debt and get a large pool <br />of funds available so that you could defer payment, but staff was <br />skeptical. He urged the Board to readdress that concept, and noted <br />that he still has all the numbers. <br />OMB Director Joe Baird differed with Mr. Ewing's theory <br />because the County currently offers a payment plan on impact fees. <br />In summary, Chairman Eggert noted that we have identified a <br />number of areas where we recognize the need for specific solutions <br />to be brought back to the Board for consideration: <br />1) Impact fee phasing <br />2) Bond approach <br />3) Excessive regulations <br />4) Technical Review Committee approach <br />5) Concurrency requirements and working with the <br />State and the DOT <br />6) Industrial Revenue Bonds <br />7) Specific specifications concerning what is <br />really an economical ad valorem tax exemption <br />8) A pool of funds as Commissioner Scurlock <br />suggested <br />Chairman Eggert thanked everyone for coming and giving their <br />comments. <br />38 <br />