Agenda - 02-07-2017 - 6-a - Minutes

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18 1 Craig Benedict said the fee must be paid by June 30, 2019 but the buildings must be 2 completed by December 31, 2020. He said Option 3 has an end date, while Option 2 is more 3 open ended. 4 Commissioner Burroughs asked if the County gets the money, why is a finish date 5 important. 6 Craig Benedict said staff tied the activity with the fees collected, and the student impacts 7 as close to when impacts within the schools would be expected. He said having it be in a 8 reasonable range, and a bit more finite, would create that connection between the fees paid 9 and the students coming. 10 Commissioner Rich said when discussing grandfathering, an example is given that goes 11 out to 2020, and asked if a project in 2018 would be grandfathered in as well. 12 Craig Benedict said these options only pertain to 2016-17 projects, and all future 13 projects would fall under the existing fee schedule. 14 Commissioner Rich clarified that the fees have been changed, and the grandfathering 15 will only apply to a few projects at this time, and moving forward all projects will fall under the 16 new fees. 17 Craig Benedict said yes. 18 Chair Dorosin referred to Option 3 with the 2020 limit, and asked if a project is not 19 completed, will the developer pay the current fee at that time. 20 Craig Benedict said yes. 21 Chair Dorosin said in 2020, it is likely that these fees will be under reassessment. He 22 asked if there is an opened ended approach taken, could a project potentially avoid the next 23 round of impact fees. 24 Craig Benedict said Chair Dorosin is correct. 25 Chair Dorosin asked if there is a projected timeline for reassessing impact fees in the 26 future. 27 Craig Benedict said this process will most likely occur in late 2021. 28 29 PUBLIC COMMENT: 30 Aaron Nelson said a building permit expires after 12 months. He said Commissioner 31 Rich's question was their first proposal, and he said they are talking about five projects that are 32 eligible to be grandfathered in. He said they would like the Board to approve Option 2, and 33 lower the units from 100 to 90 units. He commended staff for their efforts. 34 Discussion ensued between the Board and Mr. Nelson. 35 Jacob Rogers is with the Triangle Apartment Association, and he thanked the Board for 36 allowing open dialogue. He said he is here to reiterate Mr. Nelson's comments, and is asking 37 for support for Option 2, with the units at 90 instead of 100 units. 38 Adam Golden, Vice President of Development with Northwood Ravin, echoed the 39 previous comments, and thanked the Board for hearing concerns and coming back with viable 40 options. He asked the Board to approve Option 2 with 90 units. 41 Commissioner McKee said it is difficult to anticipate all the variables involved with these 42 large projects, but he is reluctant to support an open-ended approach. He asked if there is a 43 definition for a more open-ended approach, wondering if it would mean 2020 or 2024. 44 Mr. Golden said the end of 2020 should cover most things in his project, but there are 45 always unexpected things, and thus it could go past 2020 for the final end of their project. 46 Chair Dorosin asked if Mr. Golden's project will be built in phases. 47 Adam Golden said yes. 48 Commissioner McKee said he is willing to reduce the number of units to 90, but is 49 uncertain about the lack of an end date.