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➢ As approved by BCC December 20, 2016 <br />✓ ALL Parcels with Existing Structures qualify <br />✓ ALL Parcels within the City of Sebastian & Unincorporated Indian River County qualify <br />✓ Incentives to follow the below schedule <br />Year <br />2 <br />Subsidized <br />Cost <br />100 <br />80% <br />60 % $1,677.60 <br />Impact fee paid <br />b IRC <br />Impact fee/Property <br />Owner Res • onsibilit <br />$2,796.00 <br />$2,236.80 <br />0.00 <br />$ 559.20 <br />40 % $1,118.40 <br />20 % $ . 559.20 <br />$1,118.40 <br />$1,677.60` <br />0 % $ 0.00 <br />$2,236.80 <br />$2,796.00 <br />✓ If ALL Existing structures connect in year 1, staff anticipates $251,640.00 in impact fees to be paid <br />from Optional Sales Tax <br />✓ Mandatory connection after Year 5 <br />