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14.7 Issuance and Term of School Concurrency (a) If the School District reviews a Proposed Residential Development project application and determines that there is sufficient Available School Capacity at the adopted Level of Service Standard to accommodate the students projected to be generated from the development project, the School District shall issue a School Capacity Availability Determination Letter indicating that adequate school facilities exist to support the student impacts. Issuance of a determination letter identifying that adequate capacity exists indicates only that existing and planned school facilities are currently available, and does not guarantee that school facilities will be available at the time of any subsequent concurrency review. (b) The Local Government shall not issue a building permit for a non-exempt residential unit unless the unit is vested for school concurrency purposes, and the Local Government shall not vest approval of any Proposed Residential Development for such purposes until (i) confirmation is received from the School District that there is sufficient Available School Capacity to accommodate the development and (ii) school impact fees have been paid. Local Government vesting of school concurrency for a Proposed Residential Development shall be valid for one (1) year after approval. The Local Government may extend this approval for up to a total of three (3) years, provided that the applicant signs a waiver of rights for the refund of school impact fees in exchange for the extension of the approval. Once a building permit is issued, school concurrency vesting for the permitted Proposed Residential Development shall be considered valid as long as the building permit or its functional equivalent is active. (c) The Local Government shall notify the School District within ten (10) days of receiving payment of school impact fees and vesting school concurrency for any residential development. The School District shall update its Development Review Table Database to reflect the number of students that will be generated from the newly vested residential unit, decreasing the number of available Permanent Student Stations for each school type within the designated school service areas. (d) The Local Government shall also notify the School District within ten (10) days of when a Development Order for a vested residential development expires. The School District shall update its Development Review Table Database to reflect the number of students that will no longer be generated from the previously vested residential unit, increasing the number of available student stations for each school type within the designated school service areas. (e) The payment of school impact fees shall occur prior to the vesting of a Proposed Residential Development, or portion thereof. (f) If the student impacts from a Proposed Residential Development would cause the Adopted Level of Service Standard to be exceeded, the SCADL shall detail why capacity is not available, and the School District shall offer the applicant an opportunity to enter into a ninety (90) day negotiation period as described below. 14.8 Proportionate Share Mitigation (a) In the event that there is not adequate Available School Capacity to support a development, the School Board shall entertain Proportionate Share Mitigation options and, if accepted, shall enter into an enforceable and binding agreement with the developer and the Local Government to mitigate the impact from the development through the creation of additional School Capacity. (b) When the student impacts from a Proposed Residential Development would cause the adopted Level of Service Standard to fail, the Developer's Proportionate Share Mitigation for the development will be based on the number of additional Permanent Student Stations necessary to meet the adopted F.\Community Development\Users�LONG RANGE`,CompPlan Amendments\Public Schools\Updates'ILA\FINAL IRC Interlocal Agreement - January 31, 2008.doc 26