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12 <br /> SECTION 6 - CREDITS <br /> Any conveyance of land for a public school site or <br /> construction of new school facilities received and accepted by <br /> Orange County, a municipality located in Orange County, and/or e <br /> Orange County or Chapels Hill-Carrboro School Board from a deve <br /> } be credied <br /> again e p Tc sch- ool Impact tee aue 11 the conveyance or <br /> construction meets the same needs as the public school impact lee <br /> in I rovidin new public school facilities. If the <br /> to receive credit against the amount of the public <br /> s o c es due for such conveyance or construction, e <br /> yee shall, prior to the agreement to convey lnd <br /> for ;or cons c new public school facilities, or the conveyance fhe of <br /> land for or construction of new school facilities, enter into a ee <br /> agreement with the County. The fee agreement shall provide for <br /> establishment: of credits and payment of the fee in a s iftod <br /> manner and time <br /> The value of land conveyed or facilities constructed a <br /> deve&speeet and accepted by the County, municipality�or <br /> school board for purposes of this section shall be determined byjan <br /> appraisal based on the fair market value of the land or facilities <br /> as established by the County. Construction shall be in accordance <br /> with applicable County, municipal, school board, andAM St to <br /> standards. Any land conveyed for credit under this section shill <br /> be conveyed no later than the time at which public school impact <br /> fees are required to be paid. The portion of the public school <br /> impact fee represented by a credit for construction shall be deeded <br /> paid when the construction is completed and accepted for <br /> maintenance or when adequate security for the completion of the <br /> construction has been provided. <br /> leg.\h=e3\eec6.imp <br /> t <br /> i <br /> i <br /> 1 , <br /> i <br /> 1 <br />