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4 <br /> language to allow projects that have an approved Zoning Compliance Permit by January 1, <br /> 2017 and which apply for and receive building permits in the prescribed timeframes be permitted <br /> to pay the 2016 impact fee levels (this clause is relevant primarily to large multi-family projects). <br /> At the request of the Town, Orange County Planning staff made a presentation to the Chapel <br /> Hill Town Council on October 10, 2016. Comments made were primarily related to the effect of <br /> impact fees on housing affordability. Planning staff also presented to the Town of Carrboro's <br /> Board of Aldermen on October 25, 2016. Comments at Carrboro's meeting included: <br /> • Concern over the effect of the impact fees on housing affordability, including the idea that <br /> impact fees increase the resale prices (or rents) of existing housing. <br /> • Concern that an existing house could be demolished and replaced with a larger, more <br /> expensive house and no additional impact fees would be required. This also relates to <br /> concern about the potential negative impact on existing, more affordable neighborhoods. <br /> • Concern over social justice issues and equitability and the ideas that the old and new <br /> "formulas" should be better contextualized and how the affordability question manifests <br /> itself. <br /> • The idea that schools should be supported in a different way. <br /> Meeting materials and videos of these meetings are available on the Towns' websites. <br /> It should be noted that the adopted percentage of MSIF must be the same for all housing types <br /> (e.g., fees cannot be adopted at 40% MSIF for one housing type and 60% MSIF for a different <br /> housing type). <br /> Since 1995, Orange County has offered an impact fee reimbursement program for school <br /> impact fees paid on affordable housing units. From FY2009-10 through FY2015-16, $606,318 <br /> in collected impact fees was reimbursed for the 77 affordable single-family housing units and <br /> one apartment building containing 6 affordable multi-family units constructed in that time period. <br /> FINANCIAL IMPACT: Continued residential growth in both school districts is expected to result <br /> in school capital costs which can be recouped by charging new residential development for its <br /> proportional impacts on school facilities. <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to <br /> this agenda item: <br /> • GOAL: ESTABLISH SUSTAINABLE AND EQUITABLE LAND-USE AND <br /> ENVIRONMENTAL POLICIES <br /> The fair treatment and meaningful involvement of people of all races, cultures, incomes <br /> and educational levels with respect to the development and enforcement of <br /> environmental laws, regulations, policies, and decisions. Fair treatment means that no <br /> group of people should bear a disproportionate share of the negative environmental <br /> consequences resulting from industrial, governmental and commercial operations or <br /> policies. <br /> RECOMMENDATION(S): The Manager recommends that the Board: <br /> 1. Receive a presentation by staff; <br /> 2. Discuss the topic as desired; <br /> 3. Authorize finalization of the school impact fee study reports by the consultant <br /> (TischlerBise); and <br /> 4. Adopt one of the proposed Ordinances as follows: <br />