Agenda - 10-17-2006-9b - Laserfiche WebLink

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5 • B. Revicjv Cost Estimates. In ibis subtask we will review, as relevant, the various capital cos+s .For facilities. As part o f his subt?sk, we wxill asr. rtaitt whether the facilities are li~e15T Lobe bonded, and i3 so, the asnortiz~ lion sch~~:le; _T? i~ Of i.21CL:.lal???~ the 17Ti1 ZCi i~:s. t~2~ Colfi~iv i~~~i' II4C~L'de t~i° COns~~CL2i??? Ct}Z2tF~a.. ~'~'Ce; th:, cost of acq~ring land} improve-n~ts, r_?zie=:.?s ~d ~.~:tures; the cost for pja~~-37~a. stare}=:rg. an3 ~~nee.:ing fey s for s~7c~ pro~-id~ ?or and directly related to the ccansr-~ctiad, s}~=te~:n ia-nLrd ~-e-ne~+t; artd deb , s.-r~~c: ~natges, if impact fees are used ~o pay ~kte debt s.~ ~c : to finance the cost of the system mpro~ ~-m nts. ~s requested iiZ t<he RFP, "the work product will r iflect tha appropriate +drange County construction and.. space'.,. standards for public eleme ltarg, middle and high school building''areas and costs and the proj°:.tion of school capital improti-ement costs to 2005 to 2010."' I~~rk ?'r~iduct ~ Capital FniprOV2lr-'ent i'~~eeds r#ccommodating ~e~u Gro3srth Tall: 4. Calculate "Cr ~d~" to be ~pplieci ~;ainst Cagiial +~osts. considera,`ion of "credits" i ~ an ;-~tegraal .part to the dei~elopment c-f a legally ~~alid impact-fee calculation methodology. Thy re is considerable com~`usion among those ~vho a_rc: not imm~vd in impact fee law about the dcfin itian of a credit and ti~~hy it may be legally or equitably regt;ir~l_ There are, in fact, t~~,~o (2) typ ,s of "credits," each ti;nth specific, distinct characteristics, but both of ivh.ich ~-i11 be included (o~ , at least considered} in. the development of all impact fe.~s. The ?irst is a credit clue fo poss ble double pa}~nent rituat?ons. This could occur ztih~,~ futtcrc; contributions ~e made by tl e proprrt}' o~~rrr to.v~d the capital costs of the public i?Sil3t}, ~.lready cov~,~ b}~ the impac fer. The s~:o::d, :;;icl? ~~°e «-i11 call an adjLStnacnt {zs cppos d to a cr~it}, is a credit totivard he pa}~r.~t of an :;np~ct f~ dt~e for the rPqu~-ed declirdo~ of public sites ~d.~`or public imp;-ovem~ts pro~ddeti 't~~ tie deti~eloper ar:d for «Thzch 'tee i~~.t fee is ~~DOS~I. ~s indicated in the ~FP, this :ask w-iil credit, as appropriate, new development based ou naLSina t}rpe and value ~;-ith public s< hool facilities costs already incurred. through property. takes, sales taxes and other sources of fun ling. i3jark Product:. See .Irnpa ;t :l{'ee Report Below; 6 Tr~chler & Assoc~aies, inG.