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Agenda 10/28/2008 Item #16D17 Agenda Item No. 16D17 October 28,2008 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. 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 an estimated $1,100,000 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 of Impact Fees on a total of 225 rental apartment units per fiscal year. ~ A Summary ofImpact Fee Deferral Agreements on the October 28.2008 Agenda: . Number of New Owner Occupied Units Requesting Deferral: 13 . Number of Owner Occupied Units Transferring from Developer to Owner: 0 . Number of Rental Units Requesting Deferral: 0 . Dollar Amount of Owner Occupied Impact Fee Deferrals on today's agenda: o $210,258.01 (excluding Water and Sewer) o $88,066.56 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 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 ~ Agenda Item No. 16017 October 28,2008 Page 2 of 4 COLLIER COUNTY SUMMARY OF IMPACT FEE DEFERRALS ON THE OCTOBER 28, 2008 AGENDA Fee Description Owner Occupied ROADS $ 107,121.79 LIBRARY $ 5,433.64 JAIL $ 1,193.72 GOVERNMENT BUILDINGS $ 6,369.50 COMMUNITY PARKS $ 11,636.85 REGIONAL PARKS $ 25,741.60 SCHOOLS $ 48,663.97 EMS $ 1,486.67 LAW ENFORCEMENT $ 2,610.27 SEWER $ 44,668.68 WATER $ 43,397.88 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 210,258.01 TOTAL DOLLAR AMOUNT WATER/SEWER $ 88,066.56 Fee Description Owner Occupied Rental/CWH IP Total ROADS $ 217,141.07 $ - $ 217,141.07 LI BRARY $ 11,072.70 $ - $ 11,072.70 JAIL $ 2,131.30 $ - $ 2,131.30 GOVERNMENT BUILDINGS $ 12,672.02 $ - $ 12,672.02 COMMUNITY PARKS $ 23,711.85 $ - $ 23,711.85 REGIONAL PARKS $ 52,451.50 $ - $ 52,451.50 SCHOOLS $ 92,618.51 $ - $ 92,618.51 EMS $ 3,061.11 $ - $ 3,061.11 LAW ENFORCEMENT $ 5,217.07 $ - $ 5,217.07 SEWER $ 96,782.14 $ - $ 96J82.14 W ATE R $ 94,028.74 $ - $ 94,028.74 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 420,077.13 $ - $ 420,077.13 TOTAL DOLLAR AMOUNT WATER/SEWER $ 190,810.88 $ - $ 190,810.88 TOTAL NUMBER OF UNITS 27 UNITS o UNITS 27 UNITS COLLIER COUNTY IMPACT FEE DEFERRAL PROGRAM FISCAL YEAR 2009 FISCAL YTD IMPACT FEES DEFERRED Agenda Item No. 16017 October 28,2008 Page 3 of 4 FUNDS REMAINING FOR ADDITIONAL DEFERRALS - FISCAL YEAR 2009 Owner Occupied Dwelling Units Impact Fees Excluding Water and Sewer $1,100,000 (FY09 Estimate) - $420,On.13 (Used) = $679,922.87(Remaining) Water and Sewer Impact Fees $307,500 (FY09) - $190,810.88 (Used) = $116,689.12 (Remaining) Rental ApartmenUCWHIP 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 44 26 575 Marco Say Homes 6 0 6 EASF 2 0 15 Freeman & Freeman 4 0 23 Lennar Homes 34 0 38 CCHDC 1 0 1 Page 1 of 1 Agenda Item No. 16017 October 28,2008 Page 4 of 4 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: 16D17 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, 10/28/2008 9:00:00 AM Item Summary: Meeting Date: Prepared By Frank Ramsey SHIP Program Coordinator Date Public Services Housing and Human Services 10/10/20084:52:55 PM Approved By Marcy Krumbine Director Date Public Services Housing & Human Services 10/10/20085:02 PM Approved By Marla Ramsey Public Services Administrator Date Public Services Public Services Admin, 10/141200810:55 AM Approved By OMB Coordinator Applications Analyst Date Administrative Services Information Technology 10/16/20088:57 AM Approved By Sherry Pryor Management & Budget Analyst Date County Manager's Office Office of Management & Budget 10116/200810:18 AM Approved By James V. Mudd County Manager Date Board of County Commissioners County Manager's Office 10/22/2008 12: 28 PM fiIe:/ /C:\AgendaTest\Export\115-0ctober%2028, %202008\ 16. %20CONSENT%20AGEN... 10/22/2008 ,