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Level of Service Standard . The amount to be paid will be calculated utilizing the cost per Permanent <br /> Student Station allocations for elementary, middle and high school, plus a share of the land acquisition <br /> and infrastructure expenditures for school sites as determined and published annually in the School <br /> District Five Year Facilities Work Program. <br /> 1 . The methodology used to calculate a developer' s Proportionate Share Mitigation shall <br /> be as follows: <br /> Proportionate Share = (Development students' - Available School Capacity) x Total Cost' <br /> per Permanent Student Station <br /> Where <br /> 'Development students = Students generated by development that are assigned to that <br /> school <br /> ' Total Cost = the cost per Permanent Student Station based on average prior year <br /> expenditures for school districts along the Treasure Coast. In addition, total cost includes a <br /> share of the land acquisition and infrastructure expenditures for school sites as determined <br /> and published annually in the School District Five-Year Facilities Work Program . <br /> (c) The applicant shall be allowed to enter a ninety (90) day negotiation period with the School <br /> District in an effort to mitigate the impact from the development through the creation of additional <br /> School Capacity. The ninety (90) day negotiation period may be extended by mutual agreement <br /> of the parties . Upon identification and acceptance of a mitigation option deemed financially feasible <br /> by the School Board, the developer shall enter into a binding and enforceable agreement with the School <br /> Board and the Local Government with jurisdiction over the approval of the Development Order. <br /> (d) A Mitigation contribution provided by a developer to offset the impact of a residential <br /> development must be directed by the School Board toward a school capacity project identified in the <br /> School District Five-Year Capital Facility Plan. Capacity projects identified within the first three (3 ) <br /> years of the School District Five-Year Capital Facility Plan shall be considered as committed in <br /> accordance with this Agreement. <br /> 1 . If capacity projects are planned in years four (4) or five (5) of the School District Five- <br /> Year Capital Facility Plan within the same School Service Area as the Proposed <br /> Residential Development, the developer may pay his proportionate share to mitigate the <br /> proposed development in accordance with the formula provided in this Agreement. <br /> 2 . If a capacity project does not exist in the School District Five-Year Capital Facility <br /> Plan, the School Board may add a capacity project to satisfy the impacts from the <br /> Proposed Residential Development, as long as financial feasibility of the School <br /> District Five-Year Facilities Work Program can be maintained . Mitigation options may <br /> include, but are not limited to : <br /> i . Contribution of land in conjunction with the provision of additional school <br /> capacity; or <br /> ii . Provision of additional Permanent Student Stations through the donation of <br /> buildings for use as a primary or alternative learning facility; or <br /> iii . Provision of additional Permanent Student Stations through the renovation of <br /> existing buildings for use as learning facilities; or <br /> iv. Construction of Permanent Student Stations or Core Capacity; or <br /> F.\Community Development\Users\LONG RANGFCempPlan AmendmentsWublie Schools\Updates\ILATINAL IRC Interlocal Ageement - January 31 , 2008 doe <br /> 27 <br />