Green Cove Springs, Florida
2233 Village Square Parkway
Invocation
Call to Order
1. Attendance
Minutes: Carol Vallencourt, District No. 1; Carol Studdard, District No. 2; Wayne Bolla, District No. 4; and Lisa Graham, District No. 5. Superintendent David Owens was also in attendance. Charles Van Zant, District No. 3, phoned in at approximately 4:30 p.m. to participate by phone/video conference. Mr. Van Zant was in Fort Sill, OK performing military duties with the Florida National Guard.
Workshop Items
2. Discussion of included components for Impact Fee revision (Revised)
Attachment: Workshop1.pdf
Attachment: UrbanomicsHandout.pdf
Minutes:Mike Elliott, Assistant Superintendent for Support Services, addressed this item. He reviewed specific issues which must be evaluated when considering the components for calculation of impact fees. Taking these factors into consideration, the Board must determine what changes are needed in the current impact fee schedule.
3. Discussion on Saratoga Springs (Revised)
Attachment: DebtServiceHandout.pdf
Attachment: Workshop2.pdf
Minutes:The developer's position remains that the Saratoga Springs development fully pays for itself. Past debate and discussion on the differences has been considered counterproductive. The school district is currently in the process of contracting with a financial advisor experienced in dealing with developments to critique our present methodology for determining impact of a development.
The primary focus for this item as agendaed is for further discussion of the financial approach to the development. Two new schools will be required by Saratoga Springs, an elementary and a junior high school. The developer has placed two offers before the Board: 1) developer finance construction of two schools using impact fees and ad valorem generation from the development as revenue sources to retire the debt service; and 2) a monetary payment to the school district of $1,250,000 at completion of each school ($2.5 million total).
Jerry Ford, the school district's financial advisor from Ford & Associates, was present to discuss the district's debt service and the financial impact of the developer's offers on the school district.
Action Items
4. Approval of included components for Impact Fee revision (Revised)
Attachment: Workshop3.pdf
Minutes:Since the Saratoga Springs item was last discussed, action was taken on that item first, and then the Board moved back to the Impact Fee item.
See individual motions below for components included in the impact fee revisions.
5. Impact Fee Revision #1 (Debt Service)
Motions: Approve including debt service as a credit in the calculation of educational impact fees. - PASS Vote Results Motion: Carol Studdard Second: Lisa Graham Wayne Bolla - Nay Lisa Graham - Aye Carol Studdard - Aye Carol Vallencourt - Aye Charlie VanZant - Aye
6. Impact Fee Revision #2 (5-Year Credit)
Motions: Approve using a 5-year credit (versus a 20-year credit) in the calculation of educational impact fee. - PASS Vote Results Motion: Carol Studdard Second: Wayne Bolla Wayne Bolla - Aye Lisa Graham - Aye Carol Studdard - Aye Carol Vallencourt - Aye Charlie VanZant - Aye
7. Impact Fee Revision #3 (Cost Data)
Motions: Approve using Department of Education cost data (versus local cost data) in the calculation of educational impact fees. - PASS Vote Results Motion: Carol Studdard Second: Charlie VanZant Wayne Bolla - Nay Lisa Graham - Nay Carol Studdard - Aye Carol Vallencourt - Aye Charlie VanZant - Aye
8. Impact Fee Revision #4 (Home Taxable Value)
Motions: Approve basing home taxable value on the previous 12 months (versus the average of the last 5 years) in the calculation of educational impact fees. - PASS Vote Results Motion: Wayne Bolla Second: Carol Studdard Wayne Bolla - Aye Lisa Graham - Aye Carol Studdard - Aye Carol Vallencourt - Aye Charlie VanZant - Aye
9. Impact Fee Revision #5 (Use of 2 Mill Funds)
Motions: Approve using the historic use of 2 mill funds in the calculation of educational impact fees. - PASS Vote Results Motion: Carol Studdard Second: Wayne Bolla Wayne Bolla - Aye Lisa Graham - Nay Carol Studdard - Aye Carol Vallencourt - Nay Charlie VanZant - Aye
10. Impact Fee Revision #6 (Differentiating Impact Fees) (Revised)
Motions: Motion to request staff to provide perspectives on affordable housing as it pertains to impact fees prior to full consideration of differentiating impact fees. - PASS Vote Results Motion: Wayne Bolla Second: Lisa Graham Wayne Bolla - Aye Lisa Graham - Aye Carol Studdard - Aye Carol Vallencourt - Aye Charlie VanZant - Aye
11. Approval of direction on Saratoga Springs
Minutes:Mr. Kirk Wendland spoke on behalf of the LandMar Group. He readdressed the developer's financing offers and acknowledged the compromise for payment of $1,250,000 at the award of each new school's contract award for construction, instead of at the completion of the schools.
There was discussion by the Board of the financing offers and their impact on the school district.
Motions: For school district financing of the two new schools needed as a result of the Saratoga Springs development, and the school board opts to accept the developer's monetary payment to the school district of $1,250,000 at the award of each new school's contract award for construction. - PASS Vote Results Motion: Carol Studdard Second: Lisa Graham Wayne Bolla - Nay Lisa Graham - Aye Carol Studdard - Aye Carol Vallencourt - Aye Charlie VanZant - Aye
Superintendent's Requests (There was none)
School Board's Requests (There was none)
Adjournment (The meeting adjourned at 5:50 p.m.)