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Agenda - 04-04-2017 - 6-d - Petition Requesting Adjustment to Resolution Regarding Grandfathering of Projects for School Impact Fee Collection Purposes
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Agenda - 04-04-2017 - 6-d - Petition Requesting Adjustment to Resolution Regarding Grandfathering of Projects for School Impact Fee Collection Purposes
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Last modified
3/31/2017 8:57:57 AM
Creation date
3/31/2017 8:54:10 AM
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BOCC
Date
4/4/2017
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6d
Document Relationships
Minutes 04-04-2017
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2017
RES-2017-018 Resolution Regarding Grandfathering of Projects for School Impact Fees Collection Purposes
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2010-2019\2017
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8 <br /> Townhouse Apartments <br /> 425 Hillsborough St, Chapel Hill, NC 27514 <br /> Unit Type Current New Net New <br /> TOCH Units 6 1bd 7 69 62 <br /> 1 bed 3 2bd 40 117 77 <br /> 2 bed 2 3bd 1 52 93 1 41 <br /> 3 bed 1 4bd 12 67 55 <br /> Total 111 346 235 <br /> Estimate 2015 rates School Impact Fee #of New Units Fee <br /> Multi-Family $1,286 235 $302,210 <br /> Net New 2017 rates School Impact Fee #of New Units Fee <br /> 0-2 Bed $1,910 139 $265,490 <br /> 3 bed+ $8,133 96 $780,768 <br /> Total 235 $1,046,258 <br /> Net New 2020 rates School Impact Fee #of New Units Net New <br /> 0-2 Bed $2,909 139 $404,351 <br /> 3 bed+ $12,389 96 $1,189,344 <br /> Total 235 $1,593,695 <br /> Affordable Housing Removed 2017 rates <br /> School Impact Fee #of Units Net New <br /> (Net New) 0-2 Bed $1,910 134 $255,940 <br /> 3 bed+ $8,133 95 $772,635 <br /> Total 229 $1,028,575 <br /> Affordable Housing Removed 2020 rates School Impact Fee #of Units Net New <br /> (Net New) 0-2 Bed $2,909 134 $389,806 <br /> 3 bed+ $12,389 95 $1,176,955 <br /> Total 229 $1,566,761 <br />
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