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