Loading...
Agenda 09/23/2008 Item #16D13Item # 16D13 September 23, 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 Fees. The Ordinance also allows for the deferral of Impact Fees on a total of 225 rental apartment units per fiscal year. A Summary of Impact Fee Deferral Agreements on the September 23, 2008 Agenda: • Number of New Owner Occupied Units Requesting Deferral: I • Number of Owner Occupied Units Transferring from Developer to Owner: 1 • Number of Rental Units Requesting Deferral: 0 • Dollar Amount of Owner Occupied Impact Fee Deferrals on today's agenda: o $22,609.94 (excluding Water and Sewer) o $0 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 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, Ifousing Manager, Housing and Human Services Item # 16D13 September 23, 2008 Page 2 of 4 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. Prepared By: Department Date Housing and Human Services 9/10/2008 10:54:03 AM Approved By: Department Approval Date Public Services Approved 9/11/2008 9:20 AM Approved By: Department Approval Date Office of Management Approved 9/12/200812:11 PM and Budget Approved By: Department Approval County Approved Manager's Office ATTACHMENTS: Name: Dcscnption: D EXECUTIVESUMMARY.doc FY08 IFD Exrcotivc Summary ❑ 09232008Surimmary.pdf FY08 09 -23 -08 Summary ❑ FY08SummaXpdf FY08 Summary Date 9/13/2008 9:49 AM Type: Executive Summary L xhlblt Fxhtbfi Item # 16D13 September 23, 2008 Page 3 of 4 COLLIER COUNTY SUMMARY OF IMPACT FEE DEFERRALS ON THE SEPTEMBER 23, 2008 AGENDA Fee Des dPtlon s•i; Isl,yll,s "OWnevOccu led,: ROADS $ 8,247.62 LIBRARY $ 503.49 JAIL $ 161.00 GOVERNMENT BUILDINGS $ 796.05 COMMUNITY PARKS $ 1,075.25 REGIONAL PARKS $ 2,378.20 SCHOOLS $ 9,026.12 EMS $ 112.46 LAW ENFORCEMENT $ 309.75 SEWER $ - WATER $ - TOTAL DOLLAR AMOUNT EXCLUDING WATER/SEWER $ 22,609.94 TOTAL DOLLAR AMOUNT WATERISEWER $ - COLLIER COUNTY IMPACT FEE DEFERRAL PROGRAM FISCAL YEAR 2008 FISCAL YTD IMPACT FEES DFFFRRFn Fee "Description r . iOIAre K06c4liie d 12enCe1f WHIP Total ; ROADS $ 1,218,960.20 $ 596,160.00 $ 1,815,120.20 LIBRARY $ 91,796.54 $ 35,345.28 $ 127,141.82 JAIL $ 15,483.15 $ 5,583.97 $ 21,067.12 GOVERNMENT BUILDINGS $ 84,298.49 $ 39,360.00 $ 123,658.49 COMMUNITY PARKS $ 151,854.68 $ 72,000.00 $ 223,854.68 REGIONAL PARKS $ 334,660.10 $ 159,264.00 $ 493,924.10 SCHOOLS $ 658,044.22 $ 274,752.00 $ 932,796.22 EMS $ 28,471.99 $ 9,656.64 $ 38,128.63 LAW ENFORCEMENT $ 35,298.76 $ 16,474.56 $ 51,773.32 SEWER $ 359,864.97 $ - $ 359,864.97 WATER $ 346,674.38 $ - $ 346,674.38 TOTAL DOLLAR AMOUNT EXCLUDING WATER /SEWER $ 2,618,868.13 $1,208,596.45 $ 3,827,464.58 TOTAL DOLLAR AMOUNT WATER /SEWER $ 706,539.35 $ - $ 706,539.35 TOTAL NUMBER OF UNITS 206 UNITS 96 UNITS 302 UNITS Owner Occupied Dwelling Units Impact Fees Excluding Water and Sewer $2,835,500.00 (FY08) - $2,618,868.13 (Used) = $216,631.87 (Remaining) Water and Sewer Impact Fees $750,000.00 (FY08) - $706,024.52 (Used) = $43,975.48 (Remaining)" Rental Apartment/CWHIP Dwelling Units 225 Units (FY08) - 96 Units (Used) = 129 Units (Remaining) Habitat for Humanity of Collier County - 19 Marco Bay Homes - 6 Empowerment Alliance of SW Florida - 2 Freeman & Freeman - 4 Lennar Homes - 34 Collier County Housing Development Corporation - 1 "Staff has deemed eligible for deferral one mulit -unit building for Lennar Homes. If BCC approves the requests at a future meeting water /sewer funds will be zero. Item # 16D13 September 23, 2008 Page 4 of 4