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impact fee ordinance. As structured, the scope of services required the consultant to analyze and make recommendations on the following issues: • reducing the number of benefit districts; • updating the projected cost of all capacity -producing roadway improvement projects programmed through the year 2020; • reassessing the credit component of the traffic impact fee formula; • updating the land use categories in the traffic impact fee schedule as well as updating the schedule itself; and • revising the individual assessment process. From mid-1997 to late -1998, the consultant analyzed these and other aspects of the traffic impact fee ordinance. Throughout this process, the consultant presented interim recommendations to the MPO Technical Advisory Committee (TAC) and the MPO Citizen Advisory Committee(CAC). Those recommendations were then modified based on feedback received from the TAC, CAC, and from MPO staff. On three occasions, the proposed revised Traffic Impact Fee Ordinance and Development Policies were presented to the MPO for its review. At its December 9, 1998 meeting, the MPO voted 6 to 1 to recommend that the Board of County Commissioners (BCC) adopt the revised Traffic Impact Fee Ordinance and Development Policies. Traffic Impact Fee Study Summary As part of his contract, the traffic impact fee consultant prepared three documents. A final report (Attachment 1) was prepared which analyzes traffic impact fee issues and makes recommendations for traffic impact fee ordinance changes. A revised ordinance (Chapter 953 Fairshare Roadway Improvements of the county's Land Development Regulations (Attachment 2)) was prepared based on the recommendations of the final report. This ordinance is in an underline and st-keep format, with underlines identifying additions to the chapter and sikeews identifying deletions to the chapter. Finally, a revised copy of the county's Fairshare Roadway Improvements Development Policies (Attachment 3) was prepared based on the recommendations of the final report. This document uses the same underline/strikeout format that was used in the revised Chapter 953 document. The consultant's final report addresses all of the major components of the county's traffic impact fee program. As currently structured, the major components of the traffic impact fee program include: ► the benefit districts in which collected fees must be expended; ► the formula used to calculate the traffic impact fee rate for different land uses; ► the value of each variable in the formula; ► the traffic impact fee payment schedule; and ► the actual traffic impact fee ordinance and accompanying development policies. Benefit Districts Based on a review of the current traffic impact fee benefit districts map, as depicted in Figure 1, the report concluded that the number of traffic impact fee benefit districts covering Indian River County should be reduced from the current nine districts to three districts. Figure 2 illustrates the proposed geographic boundaries of the three proposed benefit districts. Boundaries for the three benefit districts, as shown in figure 2. were based on transportation modeling analysis as well as feedback from the MPO Technical Advisory Committee (TAC). MAY 119 1999 27 BOOK L1 FAL; d �� G1 �g oemn e.ww.... 3 0 3 6 W— Figgure County Indian River2• Impact Fee Benefit Distdats MAY 119 1999 27 BOOK L1 FAL; d