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14 <br /> 1 • Board voted on the preference for charging school impact fees based on bedroom <br /> 2 count, when applicable <br /> 3 • Deferred adoption decision until November 15 <br /> 4 o Meet with stakeholder group <br /> 5 o Additional breakeven analysis <br /> 6 <br /> 7 Activities Since October 18 Discussion <br /> 8 • Additional breakeven analysis completed <br /> 9 o 75/25 multi-family 0-2 BR/3+ BR split <br /> 10 » Results in 43% MSIF starting point <br /> 11 • Presentation to Town of Carrboro on October 25 <br /> 12 o Summary of comments on page 4 of abstract <br /> 13 • Met with stakeholder group on October 26 <br /> 14 o Written comments received November 1 <br /> 15 » Attachment 4, along with staff responses <br /> 16 <br /> 17 Proposed Ordinances <br /> 18 • Begin fees at estimated breakeven points and increase by 10 percentage points of the <br /> 19 MSIF for 2 subsequent years <br /> 20 • Also language in adopting ordinance (Be It Further Ordained) clarifying building permit <br /> 21 application deadlines and by when a building permit would have to be issued in order to <br /> 22 pay the prior fee <br /> 23 o Timeframe increased from 120 days to 180 days at stakeholder request <br /> 24 • Language added to adopting ordinance (second Be It Further Ordained)for approved <br /> 25 Zoning Compliance Permits due to stakeholder comments <br /> 26 o Projects with a ZCP by January 1, 2017 and that submit for a building permit <br /> 27 prior to January 1, 2018 may choose 2016 fee or updated fee, provided building <br /> 28 permit is issued no more than 180 calendar days after submission of application <br /> 29 • Other amendments to the Educational Facilities Impact Fee Ordinance previously <br /> 30 presented <br /> 31 o Contained in proposed ordinances in Attachments 2 and 3 <br /> 32 <br /> 33 Proposed Fees — 37% MSIF starting point (50/50 multifamily unit bedroom count mix) <br /> 34 (graph) <br /> 35 <br /> 36 Proposed Fees — 37% MSIF starting point (50/50 multifamily unit bedroom count mix) <br /> 37 (graph) <br /> 38 <br /> 39 Proposed Fees —43% MSIF starting point (75/25 multifamily unit bedroom count mix) <br /> 40 (graph) <br /> 41 <br /> 42 Proposed Fees —43% MSIF starting point (75/25 multifamily unit bedroom count mix) <br /> 43 (graph) <br /> 44 <br /> 45 Recommendation for Tonight <br /> 46 1. Receive presentation by staff; <br /> 47 2. Discuss the topic as desired; <br /> 48 3. Authorize finalization of the school impact fee study reports by the consultant <br /> 49 (TischlerBise); and <br /> 50 4. Adopt one of the proposed Ordinances as follows: <br />