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Approved by Schools and Land Use Councils 11/14/01; <br />Draft completed by staff 2/8/02 <br />(i) The accuracy of the methodology and projected growth rate then <br />in use in projecting school membership for the current school <br />year; <br />(ii) The accuracy of the student generation rate then in use in <br />predicting the number of students at each level actually generated <br />by each new housing type; <br />(iii) Approval of and issuance of CAPS for residential developments <br />that, individually or collectively, are of sufficient magnitude to <br />alter the previously agreed upon school membership growth <br />projections; or <br />(iv) Other trends and factors tending to alter the previously agreed <br />upon projected growth rates. <br />If any such change is made in the projected growth rate, the methodology <br />for determining this rate, or the student generation rate, the Orange County <br />Board of Commissioners shall inform the other parties to this <br />Memorandum prior to February 1st in any year in which such change is <br />intended to become effective what change was made and why it was <br />necessary. <br />e. The Orange County Board of Commissioners shall provide a copy of the <br />updated CIP to each of the parties to the Memorandum as soon as it is <br />revised, annually or otherwise. <br />Section 2. The towns and the county will adopt amendments to their respective ordinances, <br />in substantially the form attached hereto as Exhibit A, to coordinate the approval <br />of residential developments within the School District with the adequacy of <br />existing and proposed school facilities. <br />Section 3. The following process shall be followed by the School District to receive and take <br />action upon applications for Certificates of Adequacy of Public School Facilities <br />("CAPS") submitted by persons who are required by an implementing ordinance <br />conceptually similar to that attached <br />received from the town certificates before <br />county becomes <br />the development permission they have <br />effective. <br />a. On February 15th of each year, the School District shall calculate the <br />building capacity of each school level and the school membership of each <br />school level as of November 15th of the previous year. Also on February <br />15th of each year, the School District shall calculate the anticipated school <br />membership for each school level and the anticipated building capacity for <br />each school level as of November 15th in each of the following ten years. <br />These calculations shall be made in accordance with the provisions of <br />Section 1 and also in accordance with the remaining provisions of this <br />section. <br />3 <br />a•\rrni a\canfo\mou-final