Orange County NC Website
9 <br /> Mr., John M. Link, Jr. <br /> Page 2 <br /> December 8, 1995 <br /> i <br /> Oran County School District Impact Fee Trust can be made <br /> ! available for the capital expenses necessary to bring this new <br /> elementary school on line with a minor Impact Fee Ordinance <br /> amendment. <br /> The Impact Fee Ordinance contains, in Section 5C, a 4 <br /> limitation on the expenditure of funds from the "public school' ; <br /> imppact. fee trust accounts. " These funds may only be spent asp <br /> follows <br /> i <br /> Funds shall be used for capital costs associated with th4 <br /> construction of new public school space, including new ! <br /> 'buildings or additions to existing buildings where the <br /> expansion is related to new residential growth. Such i <br /> capital' coste include actual building construction; deli , <br /> engineering, and/or legal fees; land acquisition and sit i <br /> development; equipment and furnishings; infrastructure <br /> improvements; and/or debt service payments and payments ! <br /> under leases through which to finance such costs. i <br /> Arguably, the furnishing of and renovations to the old Stanba�k <br /> is ; Middle School could be characterized as "additions to existing.. <br /> buildings" or ^infrastructure improvements. " A more likely l <br /> int orpretation, however, is that they would not be either andl ' <br /> thit ;additions mean new classrooms and other building additions <br /> and infrastructure improvements means water and sewer type <br /> ' improvements. This is an easy fix, however. The first sentence # <br /> of the indented paragraph above can be amended to read: <br /> Funds shall be used for capital costs associated with thii. <br /> construction of new public school space, including new 4 <br /> buildings, additions to existing buildings or otherwise <br /> converting existing buildings into new vublic school space <br /> where the expansion is related to new residential growth, <br /> By:adding the underlined language above, the County can solve the i <br /> iimwd ate school conversion problem and be in a position to <br /> handle similar school capital projects needed to accomplish <br /> expansion of school facilities where the expansion is related, to <br /> new residentiai growth. <br /> The ordinance amendment could be done at any time as i <br /> directed by the County Commissioners and following a public <br /> hearing. I can work with Marvin on the public hearing notice, on <br /> short notice. As to your proposed letter to Dr. Harrison, I <br /> think you should mention the need for a minor Impact Fee <br /> Ordinance amendment to accomplish funding the new school <br /> renovation costs with the impact fee and the need for Board of <br /> County Commissioner approval of that amendment. <br />