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Agenda 02/12/2008 Item #16D21 Agenda Item No. 16D21 February 12, 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 FY08, including the total number of Agreements approved, the total dollar amount deferred and the balance remaining for additional deferrals in FY08. OBJECTIVE: Present to the Board of County Commissioners a summary of the Impact Fee Deferral Agreements recommended for approval in FY08, including the total number of Agreements approved, the total dollar amount deferred and the balance remaining for additional deferrals in FY08. 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 FY08, Collier County has committed $2,835,500 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 $750,000 for the deferment of Water System Impact Fees and Sewer System Impact Fecs. Thc Ordinance also allows for the dcferral of Impact Fees on a total of 225 rental apartment units per fiscal year. A Summary oflmoact Fee Deferral Agreements on the Februarv 12.2008 Agenda: . Number of New Owner Occupied Units Requesting Deferral: 19 . 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 $270.568.59 (excluding Water and Sewer) o $103,950.00 Water and Sewer . Dollar Amount of Rental Unit Impact Fee Defcrrals 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: The proposed Agreements are fully consistent with the intent and purpose of Section 74-401 of the Code of Laws and Ordinances of Collier County. STAFF RECOMMENDATION: That the Board accept this summary of the Impact Fee Deferral Agreements recommended for approval in FY08, including the total number of Agreements approved, the total dollar amount deferred and the balance remaining for additional deferrals in FY08. PREPARED BY: Frank Ramsey, SHIP Program Coordinator, Housing and Human Services COLLIER COUNTY SUMMARY OF IMPACT FEE DEFERRALS ON THE FEBRUARY 12, 2008 AGENDA SilIl!llll\lirlQlWc etI; ROADS $ 116,621.00 LIBRARY $ 7,455.67 JAIL $ 1 ,436.77 GOVERNMENT BUILDINGS $ 9,365.00 COMMUNITY PARKS $ 15,175cOO REGIONAL PARKS $ 33,566cOO SCHOOLS $ 81,208.00 EMS $ 1,91121 LAW ENFORCEMENT $ 3,829.94 SEWER $ 52,725.00 WATER $ 51,225.00 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 270,568.59 TOTAL DOLLAR AMOUNT WATER/SEWER $ 103,950.00 Agenda Item No. 16021 February 12, 2008 Page 2 of4 COLLIER COUNTY IMPACT FEE DEFERRAL PROGRAM FISCAL YEAR 2008 FISCAL YTD IMPACT FEES DEFERRED Agenda Item No. 16021 February 12. 2008 Page 3 of4 R..\t'>eillcRotili>II:. ^"., '.\OMa.r,Oc<:~'~e 'Z .;; i/+ ROADS $ 678,763.00 $ 596,160,00 $ 1,274,923.00 LIBRARY $ 43,545.64 $ 35,345.28 $ 78,890.92 JAIL $ 8,617.33 $ 5,583,97 $ 14.201,30 GOVERNMENT BUILDINGS $ 49,277.40 $ 39,360,00 $ 88,637.40 COMMUNITY PARKS $ 88,907.43 $ 72.000,00 $ 160,907.43 REGIONAL PARKS $ 195,892.40 $ 159,264,00 $ 355,156.40 SCHOOLS $ 390,221,00 $ 274,752.00 $ 664,973,00 EMS $ 11,720.56 $ 9,656,64 $ 21,377.20 LAW ENFORCEMENT $ 20,554.34 $ 16,474.56 $ 37,028,90 SEWER $ 284,860,00 $ - $ 284,860,00 WATER $ 274,295,00 $ - $ 274,295.00 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 1,487,499.10 $1,208,596.45 $ 2,696,095.55 TOTAL DOLLAR AMOUNT WATER/SEWER $ 559,155.00 $ - $ 559,155.00 TOTAL NUMBER OF UNITS 141 UNITS 96 UNITS 237 UNITS "Mi~,IJ'IEMAINING""IllR-.l!W)QIiI(ilNAL:,OEiFEBRA;L&';'.f!lSDA'-''!fEiA'R,20D8' ,.' Owner Occupied Dwelling Units Impact Fees Excluding Water and Sewer $2,835,500.00 (FY08) - $1,487,499.10 (Used) ~ $1,348,000.90 (Remaining) Water and Sewer Impact Fees $750,000.00 (FY08) - $559,155.00 (Used) ~ $1 90,845.00 (Remaining) Rental ApartmentlCWHIP Dwelling Units 225 Units (FY08) - 96 Units (Used) ~ 129 Units (Remaining) , ,NUMBER OF OWNER OCCUPIED DEFERRAL AGREEMENTS CURRENTLY ;}:~:!r\,', . OPEN PER BUILDERlDEVELOPER Habitat for Humanity of Collier County - 50 Marco Bay Homes - 6 Empowerment Alliance of SW Florida - 2 Freeman & Freeman - 2 Lennar Homes - 28 Page 1 of 1 Agenda Item No. 16D21 February 12. 2008 Page 4 of4 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: Item Summary: 16D21 Meeting Date: Present to the Board of County Commissioners a summary of the Impact Fee Deferral Agreements recommended for approval in FY08, including the total number of Agreements approved, the total dollar amount deferred and the balance remaining for additional deferrals in FY08. 2/12/20089:00:00 AM Prepared By Frank Ramsey SHIP Program Coordinator Date Public Services Housing and Human Services 1/24/200810:28:52 AM Approved By Marcy Krumbine Director Date Public Services Housing & Human Services 1/25/2008 9:00 PM Approved By Marla Ramsey Public Services Administrator Date Public Services Public Services Admin. 1/29/2008 11 :26 AM Approved By Jeff Klatzkow Assistant County Attorney Date County Attorney County Attorney Office 1/30/2008 9:13 AM Approved By OMS Coordinator Applications Analyst Date Administrative Services Information Technology 1/30/20089:17 AM Approved By Amy Patterson Community Development & Environmental Services Impact Fee Manager Date Financial Admin. & Housing 1/31/200812:01 PM Approved By Sherry Pryor Management & Budget Analyst Date County Manager's Office Office of Management & Budget 1/31/20082:44 PM Approved By James V. Mudd Board of County Commissioners County Manager Date County Manager's Office 214/2008 7:49 PM file://C:\AgendaTest\Export\ 1 00-February%20 12, %202008\ 16.%20CONSENT%20AGEND ... 2/6/2008