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Agenda 01/15/2008 Item #16D34 Agenda Item No. 16034 January 15, 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 defennent 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 Fees, The Ordinance also allows for the deferral of Impact Fees on a total of225 rental apartment units per fiscal year. A Summary oflmDact Fee Deferral Agreements on the Januarv 15.2008 Agenda: . Number of New Owner Occupied Units Requesting Deferral: 10 . Number of Owner Occupied Units Transferring from Developer to Owner: 16 . Number of Rental Units Requesting Defcrral: 0 . Dollar Amount of Owner Occupied Impact Fee Deferrals on today's agenda: o $105,579.74 (excluding Water and Sewer) o $23,540.00 Water and Sewcr . 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: 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 JANUARY 15, 2008 AGENDA Fee Descrin+;n.n ,jifit':." Own&r Occupied ROADS $ 51,278.00 LIBRARY $ 3,68180 JAIL $ 621.22 GOVERNMENT BUILDINGS $ 3,06096 COMMUNITY PARKS $ 7,50000 REGIONAL PARKS $ 16,590.00 SCHOOLS $ 20,48000 EMS $ 1.00590 LAW ENFORCEMENT $ 1.36186 SEWER $ 12,50000 WATER $ 11,040.00 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 105,579.74 TOTAL DOLLAR AMOUNT WATER/SEWER $ 23,540.00 Agenda Item No. 16034 January 15, 2008 Page 2 of 4 COLLIER COUNTY IMPACT FEE DEFERRAL PROGRAM FISCAL YEAR 2008 FISCAL YTD IMPACT FEES DEFERRED Agenda Item No. 16034 January 15, 2008 Page 3 of4 Fee DescrlDtion .....>.,.".. . Owner.occuliied iRentallCWHIP i": Total ROADS $ 513.37000 $ 596,16000 $ 1.109,530.00 LIBRARY $ 33.05248 $ 35.345.28 $ 68.39776 JAIL $ 6,63223 $ 5.583.97 $ 12.216.20 GOVERNMENT BUILDINGS $ 36,31740 $ 39.36000 $ 75,67740 COMMUNITY PARKS $ 67.54743 $ 72.000.00 $ 139.54743 REGIONAL PARKS $ 148.64540 $ 159,26400 $ 307,90940 SCHOOLS $ 280.75100 $ 274.752.00 $ 555.503.00 - EMS $ 9,00463 $ 9.65664 $ 18.661.27 LAW ENFORCEMENT $ 15.237 65 $ 16.47456 S 31,71221 SEWER $ 218.07500 $ - S 218,075.00 WATER $ 209.41000 $ - $ 209.41000 TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 1,110,558.22 $1,208,596.45 $ 2,319,154.67 TOTAL DOLLAR AMOUNT WATER/SEWER $ 427,485.00 $ - $ 427,485.00 TOTAL NUMBER OF UNITS 107 UNITS 96 UNITS 203 UNITS ..., Owner Occupied Dwelling Units $1,724,941.78 (excluding Water and Sewer) S322.515.00 Water and Sewer Rental ApartmentlCWHIP Dwelling Units 129 Dwelling Units NUMBEROF ()Wf)I~R OCCUPIE;D DE;fERRAL AGREEMENTS CURRENTLY . .,nY'OPEN PER BUILDER/DEVELOPER . . Habitat for Humanity of Collier County - 36 Marco Bay Homes - 6 Empowerment Alliance of SW Flonda - 2 Freeman & Freeman - 2 Lennar Homes - 28 FUNDS REMAINING FOR ADDITIONAL DEFERRALS FISCAL YEAR 2008 Page 1 of 1 Agenda Item No. 16D34 January 15, 2008 Page 4 of 4 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: 16034 Item 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 Meeting Date: 1/15/200890000 AM Prepared By Frank Ramsey SHIP Program Coordinator Date Public Services Housing and Human Services 12/28/200711:23:08 AM Approved By Marcy Krumbine Director Date Public Services Housing & Human Services 12/28/2007 3:58 PM Approved By Marla Ramsey Public Services Administrator Date Public Services Public Services Admin. 12128/20074:59 PM Approved By Amy Patterson Community Development & Environmental Services Impact Fee Manager Date Financial Admin, & Housing 1/3/200810:38 AM Approved By OMB Coordinator Applications Analyst Date Administrative Services Information Technology 1/3/200812:50 PM Approved By Sherry Pryor Management & Budget Analyst Date County Manager's Office Office of Management & Budget 1/8/200811 :05 AM Approved By James V. Mudd County Manager Date Board of County Commissioners County Manager's Office 1/8/200812:54 PM file://C:IAgendaTestIExportI98-January%20 15, %202008116. %20CONSENT%20AGENDA 1 I... 1/9/2008