§ 74-307. Same—Educational facilities impact fee.

(a)

Short name. This section may be known as "Special Requirements for Educational [Facilities] Impact Fee".

(b)

Purpose. The purpose of this section is to tailor the general common requirements of this chapter to the specific requirements of educational impact fees. In addition, the board recognizes that the school board policy is that the improvements and additions to the educational system required to accommodate future growth shall be funded by the revenue derived from the impact fees as well as by existing revenue sources, therefore credit shall be given for tax revenue sources which have been utilized in prior years for the funding of educational system improvements or additions. In the event that this policy is altered by the subsequent action of the school board, or if additional revenue is received and committed to necessitated improvements and additions of the educational system, the impact fee shall be adjusted at the periodic review required herein and credit shall be given for any revenue which has been utilized for growth-required improvements and additions to the educational system.

(c)

Limitation on applicability. See section 74-103.

(d)

Payment. See section 74-202.

(e)

Use of funds. See section 74-203.

(f)

Impact fee rates. The educational facilities impact fee rate schedule (schedule) established in schedule 6 is hereby adopted by reference to the schedule. The educational impact fee rate to be imposed on any development is the rate established in the then adopted schedule as such rate may be set forth for a certain impact fee land use category, and as such rate in the schedule may, from time to time, be amended. Notwithstanding any other provision of this chapter, educational impact fees will be imposed on individual sites in recreational vehicle parks at the same rate as may then apply to mobile home sites, unless the schedule, as now adopted, or as may hereafter be amended, provides otherwise.

(g)

Annual mid-cycle educational facilities impact fee rate indexing. Beginning on May 9, 2006, the county shall commence a three-year educational facilities impact fee update cycle pursuant to subsections 74-201(b) and 74-502(a) of this chapter. During each of the two mid-years between updates, the county shall implement adjustments based upon the percentages of increase set forth in the adopted "Collier County Impact Fee Indexing Study" prepared by Tindale-Oliver and Associates, Inc., in association with Robert W. Burchell, Ph.D., as updated annually, and in accordance with the indexing methodology specified in the current and adopted educational facilities impact fee study.

(Ord. No. 01-13, § 1; Ord. No. 2006-21, § 2; Ord. No. 07-57, § 8)