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type and its differential impact. This CAPS issuance re-timing removes some of the `hoarding' <br /> aspects of potentially long approval processes. <br /> Another issue included the status of funding for schools and if a Schools APFO was to be <br /> implemented would the ordinance create a `defacto' moratorium if schools were presently over <br /> level of Service Capacity. This timing of implementation would relate to funding source options <br /> presently under discussion by the Board of County Commissioners. <br /> Planning Staff has also created a base mathematical formula that illustrates the CAPS issuance <br /> evaluation process. The base formula would,by intent, be static. The variables or input would <br /> be dynamic and be `plugged in' to the suggested multiyear base formula. The variables such as <br /> growth rate,projection methodology, background increases, student generation rates, capacity <br /> would be the product of joint actions of applicable parties <br /> Lastly, staff has prepared responses to public comments regarding housing affordability issues. <br /> The revised drafts of the Memorandum of Understanding are presently incomplete and the draft <br /> from the attorney is expected Monday, September 24, 2001 for review, consensus and <br /> forwarding to the SLUC. Copies of the present MOU and Schools APFO are attached. <br /> g:craig\correspondence\managersmemo09-20-2001\jb <br />