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Agenda - 10-18-2016 - 7-a - School Impact Fee Updates
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Agenda - 10-18-2016 - 7-a - School Impact Fee Updates
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10/13/2016 4:44:14 PM
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BOCC
Date
10/18/2016
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7a
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Minutes 10-18-2016
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\Board of County Commissioners\Minutes - Approved\2010's\2016
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31 <br /> MULTIFAMILY USING A GRADUAL IMPLENTATION OF MSIF( 2017, 2018, 2019) <br /> Chapel Hill/Carrboro Fees 37% 47% 57% <br /> Increased(4 times less than the 3+bedroom <br /> Multifamily 0-2 Bedroom category below albiet higher than the previous 27.8% 62.3% 96.8% <br /> fee strucuture.) <br /> Increased Both schools have showed an <br /> exponential increase to reflect the exponential <br /> student generation realized over the last 10 <br /> years in this housing type and bedroom count. <br /> MultiFamily 3+Bedroom Anecdotally,due to decreasing supplies of 444.2% 591.3% 738.3% <br /> single family homes yet the high desirability <br /> for family migration to the area for the <br /> excellent schools and quality of life families <br /> are moving into this category. <br /> Note: These proposed fees for 3+ bedrooms are similar to the student generation seen in Single <br /> Family Detached 0-3 bedrooms and Single Family attached 3+ bedrooms. <br /> OTHER HOUSING TYPES USING A GRADUAL IMPLENTATION OF MSIF( 2017, 2018, 2019) <br /> Chapel Hill/Carrboro Fees 37% 47% 57% <br /> Reduced(no bedroom count <br /> Manufactured Homes 52.8% 33% 19% <br /> differentiation) <br /> Reduced from what they were <br /> previously charged as a single <br /> Age Restricted family by approximately 26-45 times 4500% 3200% 2600% <br /> lower. (No bedroom count <br /> differentiation.) <br />
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