Orange County NC Website
fees and the additional amouift. which f Mfr be needed if the fees wee not adopted <br />or were discounted. It will also provide a good underling of the cash flow needed to <br />cwm the capital facilities both for ads" and new development, <br />The Mal cash float analysis wig kxfcde wheMer additional funds might be needed or <br />other the . irnPrawemerrts sd+edtils mid need to be . This ooudd also <br />affect the toW credits cakesd in the previous teak. Therelbre it is t1ety that a number of <br />I'- W r rw will be cm kxW in order to refine the lash flow analysis reltec tirM the capital <br />improvement needs. <br />Work FWdcxt Menrorrfndrrrn as apprrop ob, results wx*xW In Ind fee Repovt <br />(see beW (5%) <br />Task a: Complete impact Fee MadmA logy and Colculation. <br />The completion of the oboe tasks will enable the impact fee methodology to be <br />appropriately and equitably determined and finalized. The impact fee that results from this <br />methodology will be the maximum legally defensible fee for new development in the two <br />Orange County school districts that could be charged while meeting all the statutory <br />treWiremer►ts for impad fees. (The County will subsequently decide what peroentage of the <br />maximum justifiable fee it wants to urge.) <br />*b* ProdtacL' fee Impact Fee Report Bebw (10%) <br />Task 7. Preparation of Public School Impact Fee Reports.. <br />We will prepare a craft report for each district which summarizes, the. basis and need for the <br />impact fees for both school districts and which provides the. relevant fftisthoddogies <br />employed and documents as assumptions and cost factors. The report will Include at a <br />minimum the following information: <br />- Executive Summary <br />- A detailed description of the methodologles used during the study <br />- A detailed for of all level of service standards and cost factors used and <br />accon panying railianale <br />- A deboled schedule of all proposed fees 19W by land use type and activity meeting <br />the requiranents of Impact fees. <br />- Summary of capital improvement needs generated by the projected development <br />- Other information wig, adeduatety explains and justifies the resulting <br />recommended fee adiedule <br />FolkmWng the County's review of ft draft report, we will make mutusily agreed upon <br />dueng s and issue the final Impact fee► report. <br />Tisctrie BWs fee report will have flow diagrams dearly Indicating methodolooes and <br />approach, a series of tables for each activity showing ail of the data assumptiona and <br />figures, and s narrative explaining as of the deta assumptions, sources and the <br />rnedfodoiogies. The report wN boa stand -alone doaxnent dearly understood by interested <br />parties. Because of the firm's wdenstive experience In calculating impact fees and <br />7 <br />NWA <br />