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(P . ~f <br />5. PRIVATE SECTQR <br />Q. Will SAPFO pertain to non-residential development? <br />A. No. <br />Only residential development is directly effected by a SAPFO since it relates to <br />development that indirectly generates student populations. <br />Q. Does a SAPFO effect the rate of growth of residential development? <br />A. Generally yes. <br />In order to ensure that a critical over-capacity situation does not occur in various <br />school levels, development will be synchronized (i.e., rate of growth change) to <br />match what is and planned to be available within the school level. <br />Q. Why would housing sector businesses support a SAPFO? <br />A. The number one reason for housing location decisions far families relates directly <br />to the quality of education. A SAPFO preserves the educational quality of life <br />that interests builders and future citizens in Orange County by having awell- <br />planned CIP (and associated stabilizing tax and bond program), quality student- <br />teacher ratios and public school facilities that aze not overburdened. <br />Q. Can a SAPFO effect the vested rights to build a multiphase project? <br />A. Vested rights aze in accordance with NC Statutes. The specifics of each project <br />will be tested in"accordance with that law. <br />Q. What would developer/builders have to do differently with a SAPFO in place? <br />A. They would obtain a CAPS (Certificate of Adequate Public Schools) during the <br />approval process and also submit an anticipated schedule of completion which is <br />often typical. <br />