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Reducing the number of benefit districts from 9 districts to 3 districts Applying one countywide TIF rate for each use, instead of a different rate for each use for each of the 9 districts Updating values for the trip rate, trip length, and percent new trips variables Adding or deleting some TIF use categories Changing some TIF assessment variables; for example, the independent variable for assessing golf course TIFs was changed from parking spaces to acreage Those chances were reviewed by the PSAC and the Planning and Zoning Commission. Both the PSAC andthePlanning and Zoning Commission recommended that the Board of County Commissioners adopt those changes. On May 11, 1999, the Board of County Commissioners approved the revised Fairshare Roadway Improvement Ordinance. The revised ordinance became effective on October 1, 1999. In the existing ordinance, the Traffic Impact Fee (TTF) for golf courses is now assessed based on the acreage of each proposed golf course project. Prior to last year's revision of the traffic impact fee ordinance, golf course project TIFs were assessed based upon number of required parking spaces. Staff has now determined that acreage is not the best independent variable to use in assessing TIF's for a golf course. Besides changing the TIF assessment criteria for golf courses, it is also necessary to revise Chapter 953 of the LDRs to ensure that TIF districts and payment schedules are listed under separate sub- sections. Both the golf course TIF unit of measurement and TIF district/payment schedule items are addressed in the proposed LDR amendment. Besides new golf course developments, no other types of development would be affected by the proposed changes. PSAC and PZC Recommendations The PSAC considered the proposed amendment at its regular meeting of June 15, 2000 and voted unanimously to recommend that the Board adopt the proposal. Similarly, at its June 22. 2000 meeting, the Planning and Zoning Commission voted 6-0 to recommend that the Board adopt the proposed ordinance. The Board of County Commissioners is now to consider the amendment and adopt, adopt with modifications, or deny the proposed amendment. ANALIS The purpose of a traffic impact fee ordinance is to generate revenue from new development projects to pay for their fair share of the cost of needed roadway capacity improvements. Implementation of that ordinance involves charging each new development an amount of money that corresponds to the cost to construct the number of miles of roadway needed to accommodate the amount of traffic generated by that development project. Simplified, the traffic impact fee ordinance requires new development to pay for its fair share of roadway improvements. As structured, the TIF ordinance includes a rate schedule with a specific TIF rate established for each use. The rate for each use is based on a formula having number of components. While most components have a fixed value, there are independent variables in the formula which are the primary determinant of a use's rate. Those variables are: trip rate, trip length, and percentage new trips. For each use, the value of these variables is determined based on individual studies or data provided by the Institute of Transportation Engineers Manual. The Institute of Transportation Engineers (ITE) Manual provides trip rates for golf courses based on one of the following: July 18, 2000 20