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should be fairly apportioned and documented . <br /> Developer Credits <br /> • To ensure that developers pay no more than their proportionate share of capital <br /> costs, developer credits are typically provided for monetary contributions, land <br /> dedications , and construction provided by developers toward the provision of <br /> capital facilities for which impact fees are collected . <br /> • The timing of the decision on developer credits must be specified in the impact <br /> fee ordinance (e . g . , credits may be granted only when the improvement is <br /> budgeted in the County ' s adopted Five-Year Capital Improvement Program, <br /> Capital Improvements Element of the County Comprehensive Plan, or School <br /> Board Five Year Capital Improvement Program) . <br /> • Requirements for Development Credit Agreements and the associated approval <br /> process must be specified in the impact fee ordinance . <br /> Tindale-Oliver & Associates, Inc . Indian River County <br /> February 2005 I - 8 Impact Fee Study <br />