CITY COUNCIL AGENDA ITEM
Memo Date: 3/20/2024.
Agenda Date: 3/26/2024.
Prepared By: Charlene Neuterman, Community Services Director
Through: Stockton Whitten, City Manager
Requested Action:
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Request Council approval of a waiver of Utility Impact Fees for the affordable housing construction in the Michael C. Blake Subdivision.
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BACKGROUND:
As part of the construction of the five new homes in the Michael C. Blake Subdivision, the installation of new water utilities is necessary, resulting in the imposition of impact fees. The city is installing the infrastructure and meters for each home at a total cost of $33,210.78
Under Florida Statute, Section 163.31801 (11), the City is permitted to provide an exception or waiver for an impact fee for the development/construction of housing that is affordable, as defined in Florida Statute 420.9071. Under FS 163.31801(11), the City is not required to use any revenues to offset the impact of the expenses. They are required to report the waiver granted in their annual financial statements.
Staff is requesting approval of a waiver of Utility Impact Fees for the purpose of constructing affordable housing (5 homes) in the Michael C. Blake Subdivision. Upon approval, the fees paid for the impact fees will be reclassified back to the construction account for the project.
PRIORITY AREA CONNECTION:
Economic and Community Development.
BUDGETARY IMPACT:
.Yes
The City has already paid the impact fees out of General Fund using the existing budget for the Mocael C. Blake subdivision of $750,000. If the waiver is approved, the project will be reimbursed $33,210.78 within account 001-3200-515.34-00, project CS21MB, by way of an RDP.
PREVIOUS ACTION:
Council approved the construction of affordable housing in the Michael C. Blake Subdivision.
RECOMMENDED MOTION:
Recommendation
Request Council approval of a waiver of Utility Impact Fees for the affordable housing construction in the Michael C. Bl...
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