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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: June 19, 2001 <br />Action Agenda <br />Item No. <br />SUBJECT: Impact Fee Reimbursement Ac,~reement <br />DEPARTMENT: Housing/Community Dev. PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): INFORMATION CONTACT: <br />Agreement and Deed of Trust Tara L. Fikes, ext 2490 <br />TELEPHONE NUMBERS: <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />_ „-, ,,.... Mebane 336-227-2031 <br />PURPOSE: To approve the form and content of a standardized Agreement for Impact Fee <br />Reimbursement document and authorize the Manager to execute this document for approved <br />impact fee reimbursements. <br />BACKGROUND: On November 1, 1995, the BOCC approved a policy for impact fee <br />reimbursement to local non-profit organizations that met the eligibility criteria. The policy was <br />last revised on March 4, 1998. The policy provides for impact fee reimbursements to non-profit <br />organizations developing owner-occupied for families with incomes at or below 80% of the area <br />median income and rental housing far families with incomes at or below 60% of the area <br />median income. Further, the policy requires that the sponsoring organization must certify in <br />writing that the property will remain affordable for 99 years. <br />During the last few months, the fallowing organizations have paid impact fees associated with <br />various housing development projects and submitted documentation for reimbursement of these <br />fees: <br />1. Habitat for Humanity (Homeownership) -Seven (7) houses @ $750 - $6,000 <br />Two (2) houses -Cain Drive; Efland Five (5) houses -Chestnut Oaks; Orange Co. <br />2. Orange Community Housing Corporation (Homeownership) - 14 @ $3,000 = $42,000 <br />14 townhomes -Legion Road; Chapel Hill <br />3. First Baptist Church and Manley Estates (Rental Housing) - 41 @ $3,000 = $123,000 <br />41 apartments for elderly and disabled families <br />Total requests: $171,000 <br />County staff is proposing that the long-term affordability requirement be secured by an <br />Agreement and Deed of Trust that has been developed by the County Attorney. This document <br />