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Agenda 04/22-23/2008 Item #16D 9 Agenda Item No. 16D9 April 22, 2008 Page 1 of 2 EXECUTIVE SUMMARY Recommendation to approve a budget amendment in the amount of $200,000 from the Park & Recreation Impact Fee Reserves to pay for an impact fee study update and the refund of impact fees to various developers. OBJECTIVE: To transfer funds from the Parks and Recreation Impact Fee fund 346 reserve account in the amount of $200,000, The money is needed to pay $120,000 for refunds of canceled permits and $80,000 is to pay for the impact fee study update which will be performed by Tindale-Oliver & Associates, Inc. under our current annual contract #06..4044. CONSIDERATIONS: The Productivity Committee and the Planning Commission recommended the Parks and Recreation Impact Fee Study Update be completed this year rather than wait until the scheduled three year update. Based on those recommendations, the Board of County Commissioners directed that the study be updated. Tindale-Oliver and Associates will update the study at a cost of 80,000. An additional $120,000 is also needed to refund various developers whom have either cancelled building permits or requested an impact fee deferral. ~. FISCAL IMPACT: A budget amendment is needed to reduce Reserves in the amount of $200,000 and place these funds into the Refunds and Impact Fee Study project 313461. GROWTH MANAGEMENT IMPACT: No direct Growth Management impact is associated with this action. RECOMMENDATIONS: That the Board of County Commissioners approve the budget amendment in the amount of $200,000. PREPARED BY: Sidney Kittila, Operations Coordinator, Parks and Recreation Item Number: Item Summary: Meeting Date: Page 1 of 1 Agenda Item No. 16D9 April 22, 2008 Page 2 of2 COLLIER COUNTY BOARO OF COUNTY COMMISSIONERS 16D9 Recommendation to approve a budget amendment in the amount of $200,000 from the Park and Recreation Impact Fee Reserves to pay for an Impact fee study update and the refund of impact fees to various developers 4/22/20089.00.00 AM Approved By Barry Williams Public Services Director Date Parks and Recreation 4/8/200810:37 AM Approved By Paula Fleishman Community Development & Environmental Services Impact Fee Analyst Date Financial Admin. & Housing 4/9/2008 11 :17 AM Approved By Amy Patterson Community Development & Environmental Services Impact Fee Manager Date Financial Admin. & Housing 4/9/2008 11 :21 AM Approved By Marla Ramsey Public Services Public Services Administrator Date Public Services Admin. 4/10/200B 11 :36 AM Approved By OMB Coordinator County Manager's Office OMS Coordinator Date Office of Management & Budget 4/10/2008 1 :28 PM Approved By Susan Usher County Manager's Office Senior Management/Budget Analyst Date Office of Management & Budget 4/11/20084:35 PM Approved By Leo E. Ochs, Jr. Board of County Commissioners Deputy County Manager Date County Manager's Office 4/14/2008 11 :58 AM file://C:\AgendaTest\Export\ 1 05-April%2022, %202008\ 16.%20CONSENT%20AGENDA \ I... 4/16/2008