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May 5, 2020 <br />ITEM 14.C.1 <br />INDIAN RIVER COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br />INTER -OFFICE MEMORANDUM <br />TO: Members of the Board of County Commissioners <br />DATE: April 1, 2020 <br />SUBJECT: Discussion on Postponing Increases to Title X, Impact Fees, due to <br />Economic Hardships of the Coronavirus <br />FROM: Tim Zorc <br />Commissioner, District 3 <br />Discussion Item: <br />On March 10, 2020, the Board of County Commissioners approved an ordinance to <br />amend Title X, Impact Fees, of the Code of Indian River County by adopting proposed <br />new impact fee schedules for unincorporated Indian River County and the <br />municipalities, and by adopting related amendments including revisions to level of <br />service standards used in Impact Fee calculations and revisions to Impact Fee benefit <br />districts. <br />In Tight of the coronavirus and its developing economic challenges, I'd like to discuss <br />postponing the new increase to Impact Fees by one (1) year, until June of 2021, while <br />leaving in-place the June 2020 fee reductions for affordable housing. <br />89 <br />