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�,,�} •;., 12 = <br /> DISTRIBu ED <br /> .o G <br /> T�C.4:ao� �� <br /> J Ljok <br /> TOWN OF CHAPEL HILL 44 <br /> 306 NORTH COLUMBIA STREET ?60 <br /> CHAPEL HILL, NORTH CAROLINA 27516 <br /> OFFICE OF THE MAYOR (919)%8-2714 <br /> February 22, 19 9 5 FAX 919-%7-8406 <br /> Mr. Moses Carey, Jr. , Chair <br /> Orange County Board of Commissioners <br /> PO Box 8181 <br /> Hillsborough, NC 27278 <br /> Dear Moses: <br /> Re: School impact fees <br /> I'm writing on behalf of the Town Council to encourage the Board of <br /> Commissioners to increase the present school impact fees. <br /> The Council believes this fee is an equitable means of funding new <br /> school facilities which are needed as a result of new development. <br /> The Council understands that the fee was initially set below the <br /> amount which would be necessary to recover the school facility <br /> costs allocable to a new home. <br /> On behalf of the Council, I urge the Board of Commissioners to <br /> increase the school impact fee so that residents in new homes will <br /> pay more of their fair share of school costs. To the extent that <br /> owners of new residential development pay more of their share, the <br /> less they will have to be subsidized from taxes on existing <br /> development, both residential and non-residential. <br /> At the same time, the Council also supports action by the Board of <br /> Commissioners which will reduce or waive school impact fees for new <br /> housing specifically built for low-income families. I believe that <br /> school facility costs associated with housing for low-income <br /> housing can be appropriately funded through the overall tax base. <br /> Thank you for your consideration of these comments. <br /> Sincerely, <br /> K",4, S. 6" <br /> Kenneth S. Broun <br /> Mayor <br /> cc: Town Council <br />