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3 <br />Estates, Inc. <br />.1al Estate Development Corporation <br />February 19, 1998 <br />Orange County Board of Commissioners <br />Steven Halkiotis, Vice Chair <br />1007 Panther Court <br />Hillsborough, N.C. 27278 <br />Dear Vice Chair Halkiotis, <br />Estates, Inc. anticipates beginning construction of 240 apartments in Orange County this spring. When <br />we began the planning process in 1995, for our project, county impact fees were S750.00 per unit. This <br />fee was a blanket assessment that applied to single family dwellings and apartments. Since that time the <br />fee has quadrupled to $3,000. <br />Those of us that develop multi - family properties believe that an equal assessment of impact fees is unjust <br />and punitive. We want to pay our fair share of costs. We know that new development impacts the cost of <br />providing services hence impact fees. Proportionality, is a concept whereby the impact of costs to a <br />governing body (such as Orange County) can be quantified to allocate true impact and recognizes that <br />multi- family differs from single family. This is not an exact science but evidence indicates that the <br />impact of single family to multi- family is about 3 to 1. Dr. Emil Malizia of the Department of City and <br />Regional Planning, UNC at Chapel Hill, has done a great deal of work in this area Our contention that <br />multi- family is being assessed disproportionately appears to be supported by his analysis. <br />On February 10,1 met with Mr. Link along with several of my colleagues in multi- family development <br />and Mr. Ken Szymanski, Executive Director of the Apartment Association of North Carolina to make our <br />case that we felt impact fees in Orange County were disproportionately being applied It is my hope that <br />this issue will be discussed at the Commissioner's meeting, March 17th. <br />We are in a consensus that this issue need revisiting. As stated, we want to pay our fair share. We appeal <br />to your sense of fairness. Thank you for your consideration. <br />Sincerely, <br />W144,*� <br />Ned Pendarvis <br />1401 Main Street <br />P.O. Box 1 1739 <br />olumbia, South Carolina 29211 <br />803.765.93 18 <br />FAX 803.765.9427 <br />