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Lighthizer, James, Report of the Study Committee on Bill 27 -87 <br />and Bill 46-87 Establishing Impact Fees. Annapolis: Anne <br />Arundel County, 1987. <br />Anne Arundel County, Maryland, Development Impact Fee <br />Ordinance, Bill 50 -87. <br />Wolf, Audrey L., Broward County Educational Fee: An Evaluation <br />of the Quantitative Adequacy of the Generation Rates. <br />Fort Lauderdale: Broward County, 1987. <br />School Board of Broward County, Florida, Recommended Standards <br />and Procedures For An Educational Impact Fee. Fort <br />Lauderdale: Broward County, 1987. <br />Broward County, Florida, Land Development Code. Fort <br />Lauderdale: Broward County, 1989. <br />Broward County, Florida, Dedication /Payment In Lieu Provisions <br />- School Sites, Ordinance 79 -1. <br />The initial draft of this report was presented to the Board of <br />Commissioners in January of 1992. Subsequently, the draft report <br />was distributed to the municipalities in the county, the two school <br />boards, the Homebuilders Association, the Board of Realtors, the <br />Community Housing Corporation, and the Chambers of Commerce. In <br />March, 1992, meetings were held with representatives of the <br />organizations to discuss impact fee levels, methods of collection, <br />and other concerns. Upon request, presentations were also made to <br />municipal governing boards. In April, 1992, a report summarizing <br />the results of the meetings was presented to the Board of <br />Commissioners, including options for raising specific amounts of <br />capital to finance public school improvements. In May, 1992, a <br />public hearing was held to give the citizens of Orange County an <br />opportunity to voice their opinion on establishing a system of <br />impact fees. <br />This report represents a revision to the initial draft. It <br />seeks to address the discussion, debate, and concerns identified <br />during the series of meetings held in March, April, and May of <br />1992. In addition, the methodology and calculations used in the <br />initial draft have been reviewed to insure consistency and <br />accuracy. The report, as well as a proposed ordinance to implement <br />a schedule of impact fees, will be presented at a public hearing on <br />May 26, 1992. At the conclusion of the hearing and upon receipt of <br />the Planning Board's recommendation; the Board of Commissioners may <br />decide on whether or not to include a.schedule of impact fees in <br />the FY 1992 -93 budget. <br />Basis for Im act Pegs <br />Impact fees are generally imposed as a condition for some <br />approval to proceed with development. The objective of such fees is <br />not to raise money but to insure adequate public facilities. where <br />such facilities are inadequate, permitting development runs counter <br />Page - 2 <br />