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Agenda 04/14/2009 Item #16D 6 Agenda Item No. 1606 April 14. 2009 Page 1 of 4 EXECUTIVE SUMMARY 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. OBJECTIVE: 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 defelTed 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 '1mpact Fees collected in the prior Fiscal Year. Additionally, Collier County has committed $307,500 for the deferment of Water System Impact Fees and Sewer System Impact Fees. Thc Ordinance also allows for the deferral of Impact Fees on a total of225 rental apartment units per fiscal year. .- A SummarY ofImpact Fee Deferral Agreements on the April 14. 2009 Agenda: . Number of New Owner Occupied Units Requesting Deferral: 5 . Number of Owner Occupied Units Transferring from Developer to Owner: 8 . Number of Rental Units Requesting Deferral: 0 . Dollar Amount of Owner Occupied Impact Fce Deferrals on today's agenda: o $112,856.50 (excluding Water and Sewer) o $7,070.00 Water 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 IMPACT: 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 item has been reviewed and approved by the County Attorney's Office, and it does not present any legal issues. - CMG STAFF RECOMMENDATION: That the Board accept this 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. PREPARED BY: Frank Ramsey, Housing Manager, Housing and Human Services - Aqenda Item No. 1606 - April 14, 2009 Page 2 of 4 COLLIER COUNTY SUMMARY OF IMPACT FEE DEFERRALS ON THE APRIL 14, 2009 AGENDA Fee Description Owner Occupied ROAOS $ 41,238.10 LIBRARY $ 2,517.45 JAIL $ 611.80 GOVERNMENT BUILDINGS $ 3,980.25 COMMUNITY PARKS $ 5,376.25 REGIONAL PARKS $ 11,891.00 SCHOOLS $ 45,130.60 EMS $ 562.30 LAW ENFORCEMENT $ 1,548.75 SEWER $ 3,495.00 WATER $ 3,575.00 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 112,856.50 TOTAL DOLLAR AMOUNT WATER/SEWER $ 7,070.00 Fee Description Owner Occupied RentallCWHIP Total ROAOS $ 565,461.52 $ - $ 565,461.52 LIBRARY $ 29,950.38 $ - $ 29,950.38 JAIL $ 5,783.88 $ - $ 5,783.88 GOVERNMENT BUILDINGS $ 36,599.88 $ - $ 36,599.88 COMMUNITY PARKS $ 63,983.15 $ - $ 63,983.15 REGIONAL PARKS $ 141,529.15 $ - $ 141,529.15 SCHOOLS $ 301,639.50 $ - $ 301,639.50 EMS $ 7,986.54 $ - $ 7,986.54 LAW ENFORCEMENT $ 14,883.49 $ - $ 14,883.49 SEWER $ 154,313.87 $ - $ 154,313.87 WATER $ 151,359.17 $ - $ 151,359.17 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 1,167,817 .49 $ - $ 1,167,817.49 TOTAL DOLLAR AMOUNT WATER/SEWER $ 305,673.04 $ - $ 305,673.04 TOTAL NUMBER OF UNITS 76 UNITS o UNITS 76 UNITS COLLIER COUNTY IMPACT FEE DEFERRAL PROGRAM FISCAL YEAR 2009 FISCAL YTD IMPACT FEES DEFERRED Agenda Item No. 1606 April 14, 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) - $1,167,817.49 (Used) = $38,706.51 (Remaining) Water and Sewer Impact Fees $307,500 (FY09) - $305,673.04 (Used) = $1,826.96 (Remaining) Rental ApartmentlCWHIP Dwelling Units 225 Units (FY09) - 0 Units (Used) = 225 Units (Remaining) SUMMARY OF DEVELOPER PROGRAM ACTIVITY Oeveloper Number of FY09 Number Number of Agreements Name Open Agreements of Agreements Since Program Inception Habitat for Humanity 33 104 659 Marco Bay Homes 6 0 6 EASF 0 0 15 Freeman & Freeman 4 0 23 Lennar Homes 34 0 38 CCHOC 1 0 1 Page I of] Agenda Item No. 16D6 April 14, 2009 Page 4 of 4 COLLIER COUNTY BOARD OF COUNTV COMMISSIONERS Item Number: Item Summary: 1606 Meeting Date: 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. 4/14/2009900:00 AM Prepared By Frank Ramsey SHIP Program Coordinator Date Public Services Housing and Human Services 3/26/20092:49:56 PM Approved By Marcy Krumbine Director Date Public Services Housing & Human Services 3/27/20099:43 AM Approved By Colleen Greene Assistant County Attorner Date County Attorney County Attorney Office 3/30/20098:12 AM Approved By Jeff Klatzkow County Attorney Date County Attorney County Attorney Office 3/30/20098:34 AM Approved By Marla Ramsey Public Services Administrator Date Public Services Public Services Admin. 3/30/2009 1 :02 PM Approved By OMB Coordinator OMS Coordinator Date County Manager's Office Office of Management & Budget 3/31/20094:07 PM Approved By Sherry Pryor Management & Budget Analyst Date County Manager's Office Office of Management & Budget 4/1/20096:41 PM A pproved By Winona W. Stone Assistant to the County Manger Date Board of County Commissioners County Manager's Office 4/3/20094:46 PM