TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Discussion and Possible Direction Regarding Amendments to Chapter 58, Code of the City of North Port, Florida, to Provide Affordable Housing Impact Fee Exemption or Reduction, Government Use Impact Fee Exemption, Amend the Impact Fee Deferral Program, and Process Improvements.
Recommended Action
Option 1: Direct staff to prepare an ordinance for City Commission consideration, including specific direction and consensus regarding the following areas of concern to be included in a draft ordinance:
Option 1A: Include an affordable housing impact fee waiver or reduction based on Sarasota County's model.
Option 1B: Include a government use impact fee exemption.
Option 1C: Include the proposed updated deferral program eligibility and refined program requirements.
Option 1D: Include the proposed process improvements.
City Commission Options
Option 1: Direct staff to prepare an ordinance for City Commission consideration, including specific direction regarding the following areas of concern to be included in a draft ordinance.
* Pros: Addresses impact fee areas of concern that have been under discussion for over five years.
* Cons: Investment of staff time to finalize and present the ordinance.
Option 1A: Include an affordable housing impact fee waiver or reduction based on Sarasota County's model.
* Pros:
o Encourages the development of affordable housing, expanding housing options for persons of varying socio-economic status consistent with the Comprehensive Plan.
o The City is not required to utilize other revenue sources to offset the effect on the impact fee revenue funds.
* Cons:
o Reduced impact fee revenue for future capacity improvements across all impact fee generating departments and districts.
o Impact fee rates for non-exempt developments may not be manipulated to offset the effect on the impact fee revenue funds.
Option 1B:...
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