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• <br />• <br />county and 2% to the cities. He commented further on the computer collection program that <br />County staff is developing to assist the cities in tracking and following through in providing <br />funds to the County. He advised they need to determine an effective date for the ordinance and <br />he defined the difference between the adoption date and the effective date. He concluded his <br />presentation pointing out the changes made to addendum pages 3-16, 6-21 and the Chapter 5 <br />revision. He announced he would be available to the city officials after the meeting to address <br />any issues pertaining to their interlocal agreements that they have not been resolved during the <br />meeting. He opened up his presentation to questions. <br />8. DISCUSSION AND COMMENTS <br />Dr. David Becker, Town of Indian River Shores, questioned the formula used by the <br />Consultant that showed a large difference in the government buildings' square footage than <br />found in the public libraries. Mr. Wallace explained public buildings are based on the inventory <br />per square footage formula showing that more government buildings have more square footage <br />than there are public libraries. When you add in the libraries' inventory it equalizes out. <br />Dr. Becker presumed that libraries depend more on bequests and not just donations. Mr. <br />Wallace confirmed that he was correct in that presumption. <br />Deputy Mayor John McCants, City of Fellsmere, wanted to know the difference <br />between the March 4th revision and the March 15th revision to the interlocal agreement. Mr. <br />Wallace explained the revision concerned the net impact fees due if an addition to a house <br />triggers it to a higher impact fee category. Another revision eliminated requiring cities to submit <br />funds to the County with interest. The cities retain the interest. Thirdly changes were made to <br />clarify the refund of impact fees does not include the administrative fee of 3%. <br />Councilman E. William Kenyon, Town of Indian River Shores, playing on Mr <br />McCants question, wanted to know the dollar difference should the impact fee category change. <br />Councilman Bob Solari, City of Vero Beach, questioned how much impact fees increase <br />the average cost of a home and how that cost relates to the average income. Mr. Wallace replied <br />MARCH 16, 2005 5 <br />JOINT MEETING - IMPACT FEE STUDY <br />