School District of Clay County Green Cove Springs, Florida

Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearings for Special Actions regarding Students - 2:30 p.m. REGULAR MEETING - 7:00 P.M.

July 21, 2011 Regular Meeting Agenda Item #5 Item Title C-5 Approve Settlement of Impact Fee Overpayment Claim by Taylor Morrison of Florida, Inc. Issue/Rationale Taylor Morrison of Florida, Inc. was charged single family impact fees for one hundred and one townhouses when they should have been charged the multi family rate.  This resulted in an overpayment of $381,296.41.  Builder has made a valid claim for a refund of the overpayment. Recommended Action Approve settlement as presented. Financial Impact $381,296.41 Submitted By Bruce Bickner, School Board Attorney