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Agenda 02/24/2009 Item #16D 4 A.~enda Item No. 15D4 - February 24, 2009 Page 1 of 4 EXECUTIVE SUMMARY Present to the Board of Connty Commissioners a summary of the Impact Fee Deferral Agreements recommended for approval in FY09, inclnding the total number of Agreements approved, the total dollar amonnt deferred and the balance remaining for additional deferrals in FY09. OBJECTIVE: Present to the Board of County Commissioners a stunmary of the Impact Fee Deferral Agreements recommended for approval in FY09, including the total nwnber of Agreements approved, the total dollar amount deferred and the balance remaining for additional deferrals in FY09. CONSIDERATIONS: Article IV of Chapter 74 of the Code of Laws and Ordinances established a program to defer impact fees for qualified affordable housing. For FY09, Collier County has committed $1,206,524 for the deferment of Impact Fees for eligible owner occupied affordable housing. This number represents 3% of the total Impact Fees collected in the prior Fiscal Year. Additionally, Collier County has committed $307,500 for the delcffilent of Water System Impact Fees and Sewer System Impact Fees. The Ordinance also allows for the deferral of Impact Fees on a total of 225 rental apartment units per fiscal year. A Summarv ofImoaet Fee Deferral Agreements on the February 24. 2009 Agenda: . Ntunber of New Owner Occupied Units Requesting Deferral: 9 . Number of Owner Occupied Units Transferring from Developer to Owner: 8 . Number of Rental Units Requesting Deferral: 0 . Dollar Amount of Owner Occupied Impact Fee Deferrals on today's agenda: o $180,389.04 (excluding Water and Sewer) o $42,420.00 Watcr and Sewer . Dollar Amount of Rental Unit Impact Fee Deferrals on today's agenda: o $0 (excluding Water and Sewer) o $0 Water and Sewer FISCAL IMP ACT: Although it is expected that the County will ultimately collect these deferred fees (generally upon the sale of the residence), there is no guarantee as to if, or when, this would occur. GROWTH MANAGEMENT IMPACT: None. LEGAL CONSIDERATIONS: This itcm has been reviewed and approved by the County Attorney's Office, and it does not present any legal issucs. - CMG STAFF RECOMMENDATION: That the Board acccpt this summary of the Impact Fee Deferral Agreements recommended for approval in FY09, including the total number of Agreements approved, the total dollar amount defen'ed and the balance remaining for additional deferrals in FY09. PREPARED BY: Frank Ramsey, Housing Manager. Housing and Human Services .- I\Jenja Item r,o. 16D4 February 24, 2009 PdJ9 2 of 4 COLLIER COUNTY SUMMARY OF IMPACT FEE DEFERRALS ON THE FEBRUARY 24, 2009 AGENDA Fee Description Owner Occupied ROADS $ 73,061.28 LIBRARY $ 4,229.31 JAIL $ 935.07 GOVERNMENT BUILDINGS $ 6,126.84 COMMUNITY PARKS $ 9,039.00 REGIONAL PARKS $ 19,992.75 SCHOOLS $ 63,575.55 EMS $ 1,012.14 LAW ENFORCEMENT $ 2,417.10 SEWER $ 20,970.00 WATER $ 21,450.00 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 180,389.04 TOTAL DOLLAR AMOUNT WATER/SEWER $ 42,420.00 Fee Description Owner Occupied Rental/CWHIP Total ROADS $ 516,364.90 $ - $ 516,364.90 LIBRARY $ 27,030.14 $ - $ 27,030.14 JAIL $ 5,105.11 $ - $ 5,105.11 GOVERNMENT BUILDINGS $ 32,169.45 $ - $ 32,169.45 COMMUNITY PARKS $ 57,744.40 $ - $ 57,744.40 REGIONAL PARKS $ 127,730.30 $ - $ 127,730.30 SCHOOLS $ 253,369.29 $ - $ 253,369.29 EMS $ 7,311.78 $ - $ 7,311.78 LAW ENFORCEMENT $ 13,148.54 $ - $ 13,148.54 SEWER $ 150,818.87 $ - $ 150,818.87 WATER $ 147,784.17 $ - $ 147,784.17 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 1,039,973.91 $ - $ 1,039,973.91 TOTAL DOLLAR AMOUNT WATER/SEWER $ 298,603.04 $ - $ 298,603.04 TOTAL NUMBER OF UNITS 70 UNITS o UNITS 70 UNITS COLLIER COUNTY IMPACT FEE DEFERRAL PROGRAM FISCAL YEAR 2009 FISCAL YTD IMPACT FEES DEFERRED L.,')snda item ~.jo. j 604 - Febc'c3ry 24.2009 Page 3 of 4 FUNDS REMAINING FOR ADDITIONAL DEFERRALS - FISCAL YEAR 2009 Owner Occupied Dwelling Units Impact Fees Excluding Water and Sewer $1,206,524 (FY09) - $1,039,973.91 (Used) = $166,550.09 (Remaining) Water and Sewer Impact Fees $307,500 (FY09) - $298,603.04 (Used) = $8,896.96 (Remaining) Rental ApartmentlCWHIP Dwelling Units 225 Units (FY09) - 0 Units (Used) = 225 Units (Remaining) SUMMARY OF DEVELOPER PROGRAM ACTIVITY Developer Number of FY09 Number Number of Agreements Name Open Agreements of Agreements Since Program Inception Habitat for Humanity 38 90 645 Marco Bay Homes 6 0 6 EASF 0 0 15 Freeman & Freeman 4 0 23 Lennar HOllies 34 0 38 CCHDC 1 0 1 Page] of I Agenda Item No. '1604 February 24. 2009 Page 4 of4 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: 16D4 Present to the Board of County Commissioners a summary of the Impact Fee Deferral Agreements recommended for approval in FY09, Including the total number of Agreements approved the total dollar amount deferred and the balance remaining for additional deferrals in FY09. Meeting Date: 2/24/2009 9 0000 AM Prepared B}' Public Services SHIP Program Coordinator Housing and Human Servrces Date Frank Ramsey 2/51200912:48:38 PM Approved By Marcy Krumbine Director Date Public Services Housing & Human Services 2/5/2009 1 :03 PM Approved By Colleen Greene County Attorney Assistant County Attorner County Attorney Office Date 2/5/20093:45 PM Approved By Marla Ramsey Public Services Administrator Date Public Services Public Services Admin. 2/912009 12:41 PM Aflpro\'ed By OMS Coordinator OMS Coordinator Date County Manager's Office Office of Management & Budget 2/9120092:34 PM Apprm'ed By County Attorney Assistant County Attorney County Attorney Office Date Jeff Klatzkow 2/10/20099:41 AM Approved By Sherry Pryor County Manager's Office Management & Budget Analyst Office of Management & Budget Date 2/10/20092:13 PM Approved By James V. Mudd County Manager Date Board of County Commissioners County Manager's Office 2/11120097:22 PM file://C:\Ar!endaTest\ExDort\] 24-Februarv%2024.%202009\ 16.%20CONSENT%20AGEND... 2/18/2009