Orange County NC Website
14 <br /> • Calculated Average Tables <br /> • Projected Annual Collections Added <br /> • Breakeven % Determined (43.5%) <br /> • Columns added at 43.5%, 53.5%, and 63.5% MSIF <br /> Proposed Ordinances <br /> • Begin fees at estimated breakeven point and increase by 10 percentage points for 2 <br /> subsequent years <br /> • Also language in adopting ordinance (Be it further ordained) clarifying building permit <br /> application deadlines and by when a building permit would have to be issued in order to <br /> pay the prior fee <br /> Additional Ordinance Amendments <br /> • Add improved definitions for the various housing types. <br /> • Age Restriction; add language in Section 30-33 that would require age restricted units <br /> that do not remain age restricted for at least 20 years be required to pay the difference <br /> between the age restricted fee paid and the non-age-restricted fee in effect at the time <br /> a unit is no longer age restricted. <br /> • Additional Ordinance Amendments Cont'd <br /> • Add language in Section 30-35(e) clarifying under what conditions a refund would be <br /> issued if impact fees were reduced for a particular housing unit type. <br /> • Add language in Section 30-38 to recognize conditional zoning, which was adopted in <br /> 2011 when the UDO was adopted. <br /> Craig Benedict presented the following slides: <br /> Proposed Fees (bedroom counts) with % Change From Current Fee (Graph) <br /> Proposed Fees (bedroom counts) with % Change From Current Fee (Graph) <br /> Proposed Fees (calculated average) with % Change From Current Fee (Graph) <br /> Proposed Fees (calculated average) with % Change From Current Fee (Graph) <br /> Affordability Summary— CHCCS, by Bedroom Count (at 37, 47, 57% MSIF) <br /> • By and large, units with fewer bedrooms (are smaller less expensive units) <br /> • Are smaller less expensive units <br /> • Impact Fees are lower <br /> • SFD 4+ bedroom would experience a decrease the first year <br /> • Small Homes (<800 square foot detached) <br /> • Major decrease <br /> • Multi-family, 0-2 bedrooms would experience an increase <br /> • Of note: 2017 fee would be less than the 2001-2008 fee of$1979 <br /> • New manufactured homes <br /> • Lower Fees <br /> • Age-restricted units; major decrease <br /> Affordability Summary— OCS, by Bedroom Count (at 37, 47, 57% MSIF) <br /> • Multi-family units with 0-2 bedrooms experience a decrease <br />