Orange County NC Website
6 <br />prepared a technical report which outlined the <br />methodology for calculating a system of fees. The <br />initial draft of the report was presented to the <br />Board of Commissioners in January of 1992. <br />Subsequently, the draft report was distributed to <br />the municipalities in the county, the two school <br />boards, the Homebuilders Association, the Board of <br />Realtors, the Community Housing Corporation, and the <br />Chambers of Commerce. <br />In March, 1992, meetings were held with <br />representatives of the organizations to discuss <br />impact fee levels, methods of collection, and other <br />concerns. Upon request, presentations were also made <br />to municipal governing boards. In April, 1992, a <br />report summarizing the results of the meetings was <br />presented to the Board of Commissioners, including <br />options for raising specific amounts of capital to <br />finance public school improvements. In May, 1992, a <br />public hearing was held to give the citizens of <br />Orange County an opportunity to voice their opinion <br />on establishing a system of impact fees. <br />The technical report provided with the agenda <br />materials represents a revision to the initial <br />draft. It seeks to address the discussion, debate, <br />and concerns identified during the series of <br />meetings held in March, April, and May of 1992. In <br />addition, the methodology and calculations used in <br />the initial draft have been reviewed to insure <br />consistency and accuracy. <br />At the conclusion of the hearing and upon receipt of <br />the Planning Board's recommendation, the Board of <br />Commissioners may decide on whether or not to <br />include a schedule of impact fees in the FY 1992 -93 <br />budget. <br />RECODMNDATION: The Administration recommends that the proposed <br />ordinance and technical report be referred to the <br />Planning Board for a recommendation to be returned <br />to the Board of Commissioners no later than June <br />29, 1992. <br />