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ORDINANCE NO. 2020 -005 AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, AMENDING TITLE X, IMPACT FEES, OF THE CODE OF INDIAN RIVER COUNTY, TO AMEND THE TEXT OF TITLE X FOR LEVEL OF SERVICE STANDARDS USED IN IMPACT FEE CALCULATIONS AND CLEAN UP REVISIONS AS MAY BE NECESSARY; AND TO AMEND APPENDIX A, IMPACT FEE SCHEDULES TO APPROVE NEW IMPACT FEE SCHEDULES FOR UNINCORPORATED INDIAN RIVER COUNTY AND MUNICIPALITIES; PROVIDING FOR EFFECTIVE DATE FOR NEW IMPACT FEE SCHEDULES; AND PROVIDING FOR CODIFICATION; SEVERABILITY; AND EFFECTIVE DATE. WHEREAS, to address infrastructure costs associated with new growth, Indian River County has, since 1986, imposed traffic impact fees on new development. In 2005, the County adopted impact fees for eight additional services/facilities, also to address infrastructure costs associated with new growth; and WHEREAS, since their adoption, impact fees have generated considerable revenue, and impact fees are now among the largest sources of funding for infrastructure projects in Indian River County; and WHEREAS, according to the Indian River County Impact Fee Ordinance, the County must every five years, consistent with state statute, review and update the impact fee schedules. Because the last impact fee study was completed in 2014, the County determined that a new impact fee study was due; and WHEREAS, staff prepared a scope of services for an impact fee update study, including fee schedule updates, that was approved by the Board of County Commissioners on November 20, 2018; and WHEREAS, the scope of services was incorporated into a Request For Proposals and in March 26, 2019, the Board of County Commissioners selected Tindale -Oliver & Associates, Inc. ("Consultant") and entered into a contract for services; and WHEREAS, as reflected in the Consultant's report, the Consultant has performed the tasks necessary to update the impact fee schedules, including utilization of the "Affordable Growth" methodology to calculate impact fees; and WHEREAS, the Consultant has determined that recommended residential and non- residential impact fees, using the Affordable Growth methodology, are proportionate in amount to the need that new growth creates for each category of public improvements for which impact fees are collected; and WHEREAS, based on anticipated growth projections, the County's 5 -year capital improvement plan needs, and the County's policy to stimulate economic development, County