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Agenda 12/02/2008 Item #16D 6 Agenda Item No. 16D6 December 2, 2008 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 deferred and the balance remaining for additional deferrals in FY09, CONSIDERA TIONS: 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 deferment of Water System Impact Fees and Sewer System Impact Fees, The Ordinance also allows for the deferral ofImpact Fees on a total of 225 rental apartment units per fiscal year. A Summary oflmpact Fee Deferral Ag:reements on the December 2. 2008 Al,':enda: . Number of New Owner Occupied Units Rcquesting Defen'al: 0 . Number of Owner Occupied Units Transferring from Developer to Owner: 5 . Number of Rental Units Requesting Deferral: 0 . Dollar Amount of Owner Occupied Impact Fee Deferrals on today's agenda: o $0,00 (excluding Water and Sewer) o $0,00 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: None, STAFF RECOMMENDATION: That the Board accept this summary 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 defcrrals in FY09, PREPARED BY: Frank Ramsey, Housing Manager, Housing and Human Services - Agenda Item No. 16D6 December 2, 2008 Page 2 of 4 COLLIER COUNTY SUMMARY OF IMPACT FEE DEFERRALS ON THE DECEMBER 2, 200S AGENDA Fee Description Owner Occupied ROADS $ - LIBRARY $ - JAIL $ - GOVERNMENT BUILDINGS $ - COMMUNITY PARKS $ - REGIONAL PARKS $ - SCHOOLS $ - EMS $ - LAW ENFORCEMENT $ - SEWER $ - WATER $ - TOTAL DOLLAR AMOUNT EXCLUDING WATERlSEWER $ - TOTAL DOLLAR AMOUNT WATERlSEWER $ - NOTE: All impact fee deferrals appearing on today's agenda have been previously approved by the Soard of County Commissioners in the form of a Developer Deferral Agreement. Therefore, approval of today's requests will transfer the impact fee deferral from the Developer to the home owner. No new money is being deferred on today's agenda. COLLIER COUNTY IMPACT FEE DEFERRAL PROGRAM FISCAL YEAR 2009 FISCAL YTD IMPACT FEES DEFERRED Agenda Item No. 16D6 December 2, 2008 Page 3 of 4 Fee Description Owner Occupied Rental/CWHIP Total ROADS $ 264,292.19 $ - $ 264,292.19 LIBRARY $ 13,489.44 $ - $ 13,489.44 JAIL $ 2,533.12 $ - $ 2,533,12 GOVERNMENT BUILDINGS $ 15,373.10 $ - $ 15,373.10 COMMUNITY PARKS $ 28,886,85 $ - $ 28,886,85 REGIONAL PARKS $ 63,898.60 $ - $ 63,898.60 SCHOOLS $ 111,456.17 $ - $ 111,456,17 EMS $ 3,735.87 $ - $ 3,735.87 LAW ENFORCEMENT $ 6,334,27 $ - $ 6,334.27 SEWER $ 119,116.48 $ - $ 119,116.48 WATER $ 115,727.68 $ - $ 115,727,68 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 509,999,61 $ - $ 509,999.61 TOTAL DOLLAR AMOUNT WATER/SEWER $ 234,844,16 $ - $ 234,844.16 TOTAL NUMBER OF UNITS 38 UNITS o UNITS 38 UNITS FUNDS REMAINING FOR ADDITIONAL DEFERRALS - FISCAL YEAR 2009 Owner Occupied Dwelling Units Impact Fees Excluding Water and Sewer $1,206,524 (FY09) - $509,999,61 (Used) = $696,524.39 (Remaining) Water and Sewer Impact Fees $307,500 (FY09) - $234,844.16 (Used) = $72,655.84 (Remaining) Rental Apartment/CWHIP 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 45 37 592 Marco Bay Homes 6 0 6 EASF 2 0 15 Freeman & Freeman 4 0 23 Lennai Homes 34 0 38 CCHDC 1 0 1 Page I of I Agenda Item No. 16D6 December 2, 2008 Page 4 of 4 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: l6De 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: 12/2/2008900:00 AM Prepared By Frank Ramsey SHIP Program Coordinator Date Public Services Housing and Human Services 11/14/200811:00:39 AM Approved By Marcy Krumbine Director Date Public Services Housing & Human Services 11/14/20085:04 PM Approved By Marla Ramsey Public Services Administrator Date Public Services Public Services Admin. 11/18/200811:11 AM Approved By Colleen Greene Assistant County Attorner Date County Attorney County Attorney Office 11/18!200811:32AM Approved By OMS Coordinator OMB Coordinator Date County Manager's Office Office of Management & Budget 11/18/20082:21 PM Approved By Sherry Pryor Management & Budget Analyst Date County Manager's Office Office of Management & Budget 11/18/20085:01 PM Approved By Leo E. Ochs, Jr. Deputy County Manager Date Board of County Commissioners County Manager's Office 11/18/20085:41 PM file:l/C:\AgendaTest\Fxnort\ 117-Decemher%207.%7.0700R\ I fi.oj,,7.0CONSFNT%?OA(;FN 110'iOOOR