Agenda 09/09-10/2008 Item #16D48
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EXEC.UTIVE SUM..RY =c=: ~.
Present to the Board of County Commissioners a summary of the Impact Fee Deferral Agreements
recommended for approval in FY08, inciuding the total number of Agreements approved, the total
dollar amount deferred and the balance remaining for additional deferrals in FY08.
OBJECTIVE:Presentto 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 9. 2008 Agenda:
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. Number of New Owner Occupied Units Requesting Deferral; 13
. Number of Owner Occupied Units Transferring from Developer to Owner: 17
. Number of Rental Units Requesting Deferral: 0
. Dollar Amount of Owner Occupied Impact Fee Deferrals on today’s agenda:
o $161,751.98 (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 IM,PACT;None.
LEGAL CONSIDERATIONS :None.
RECOMMENDATION :Thatthe 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 deferrais in FY08.
Prepared By:
Department
County Manager's Office
Date
.--.
9/3/2008 1 :45:23 PM
Approved By:
Department Approval
Public Services Approved
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Date
9/3/2008 2:49 PM
Approved By:
Department
Office of
Management
and Budget
Approval
Date
Approved
9/3/2008 2:45 PM
Approved By:
Department
Approvai
Date
County
Approved
Manager's Office
9/3/2008 5:06 PM
ATTACHMENTS:
Name:
Cl ~ummarv.pdf
CJ YTD Summarv~
Description:
Bee 09-09.2008 Summary
FYOB Summary
Type:
Exhibit
Exhibit
COLLIER COUNTY
SUMMARY OF IMPACT FEE DEFERRALS
ON THE SEPTEMBER 9, 2008 AGENDA
Fee Description...... ........ -. .. ' Owner Occupied
ROADS $ 78,767.00
LIBRARY $ 4,786.34
JAIL $ 807.04
GOVERNMENT BUILDINGS $ 5,330.00
COMMUNITY PARKS $ 9,750.00
REGIONAL PARKS $ 21,567.00
SCHOOLS $ 37,206.00
EMS $ 1,307.67
LAW ENFORCEMENT $ 2,230.93
SEWER $ .
WATER $ -
TOTAL DOLLAR AMOUNT
EXCLUDING WATER/SEWER $ 161,751.98
TOTAL DOLLAR AMOUNT
WATER/SEWER $ .
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COLLIER COUNTY
IMPACT FEE DEFERRAL PROGRAM
FISCAL YEAR 2008
FISCAL YTD IMPACT FEES DEFERRED
Fee Description ,. Owner Occupied Rental/CWHIP " . Total
ROADS $ 1,210,712.58 $ 596,160.00 $ 1,806,872.58
LIBRARY $ 91,293.05 $ 35,345.28 $ 126,638.33
JAIL $ 15,322.15 $ 5,583.97 $ 20,906.12
GOVERNMENT BUILDINGS $ 83,502.44 $ 39,360.00 $ 122,862.44
COMMUNITY PARKS $ 150,779.43 $ 72,000.00 $ 222,779.43
REGIONAL PARKS $ 332,281.90 $ 159,264.00 $ 491,545.90
SCHOOLS $ 649,018.10 $ 274,752.00 $ 923,770.10
EMS $ 28,359,53 $ 9,656.64 $ 38,016.17
LAW ENFORCEMENT $ 34,989.01 $ 16,474.56 $ 51,463.57
SEWER $ 359,864.97 $ . $ 359,864.97
WATER $ 346,674.38 $ - $ 346,674.38
TOTAL DOLLAR AMOUNT
EXCLUDING WATER/SEWER $ 2,596,258,19 $1,208,596.45 $ 3,804,854,64
TOTAL DOLLAR AMOUNT
WATER/SEWER $ 706,539,35 $ - $ 706,539,35
TOTAL NUMBER OF UNITS 205 UNITS 96 UNITS 301 UNITS
FUNDS REMAINING FOR ADDiTIONAL DEFERRALS - FISCAL YEAR 2008
Owner Occupied Dwelling Units
Impact Fees Excluding Water and Sewer
$2,835,500,00 (FY08). $2,596,258,19 (Used) = $239,241,81 (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)
. NUMBER OF OWNER OCCUPIED DEFERRAL AGREEMENTS CURRENTLY.
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Habitat for Humanity of Collier County - 20
Marco Bay Homes - 6
Empowerment Alliance of SW Florida. 2
Freeman & Freeman. 4
Lennar Homes. 34
"Staff has deemed eligible for deferral one mulit.unit building for Lennar Homes.
If Bee approves the requests at a future meeting water/sewer funds will be zero.
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