Loading...
HomeMy WebLinkAboutItem #06 First Reading of Proposed Code Amendment for Temporary Deferral of Road Impact Fee Payments .. Contact Name: Contact Number: Craig Shadrix 407 -905-3100/1017 Meeting Date: April 20, 2010 Item # _& Reviewed By: Department Director: City Manager: I Subject: Proposed Code Amendment for Temporary Deferral of Road Impact Fee Payments BACKGROUND SUMMARY: As an economic incentive for new development, City Staff is proposing a Code Amendment for Temporary Deferral of Road Impact Fee Payments. In lieu of the payment of Road Impact Fees prior to the issuance of a Building Permit as provided in Sections 87-3 and 87-11, an applicant for a Building Permit will be able to defer the payment of applicable Road Impact Fees until the authorization of "Prepower" or issuance of a "Certificate of Occupancy" (C.O.) with respect to the structure or building for which the deferral has been requested. The provisions of this amended section shall not be applicable to single-family or multifamily housing projects with less than four dwelling units. Furthermore, the road impact fee deferral set forth in this amended section shall "sunset" on May 1, 2012 without further action by the City Commission. For your review and consideration, please find attached the proposed ordinance which contains the language for codification. ISSUE: Should the Honorable Mayor and City Commissioners approve an Amendment to the City of Ocoee Code to include a Temporary Deferral of Road Impact Fee Payments? STAFF RECOMMENDATION: Staff recommends that the Mayor and City Commissioners approve Amending the City of Ocoee Code to include a Temporary Deferral of Road Impact Fee Payments. Attachments: Foley & Lardner LLP - Draft Ordinance. Financial Impact: None. Type of Item: (please mark with an "x") Public Hearing X Ordinance First Reading Ordinance Second Reading Resolution Commission Approval Discussion & Direction For Clerk's Deat Use: Consent Agenda Public Hearing Regular Agenda Original DocumenUContract Attached for Execution by City Clerk Original DocumenUContract Held by Department for Execution Reviewed by City Attorney Reviewed by Finance Dept. Reviewed by ( ) ~6If N/A X N/A N/A