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ARTICLE 13 <br /> To see if the Town will vote to appropriate and transfer from available funds $15,000 to <br /> the Impact Fee Study Account, or take any other action relating thereto. <br /> Submitted by the Board of Selectmen <br /> Explanation: With the certification of Mashpee's Comprehensive Plan by the Cape Cod <br /> Commission in July, 1998, the Town became legally eligible to adopt a set of bylaws and <br /> regulations requiring payment of"impact fees"for various types of new development. n <br /> Such fees are intended to help cover new capital costs for the Town which result from be <br /> new development, such as those for new school buildings, public safety buildings and A <br /> vehicles, recreation facilities and other capital items that the Town would not have had <br /> to acquire if the development had not occurred. Development of legally defensible <br /> impact fee regulations requires extensive review of the Town's capital needs and their is <br /> potential costs, including development of a methodology for properly allocating a share <br /> of such costs to various forms of new development, a thorough understanding of <br /> available funding mechanisms and sources, a method for dealing with offsetting <br /> payments, such as those required by permit conditions and Cape Cod Commission <br /> mitigation requirements, in addition to state aid formulas, a thorough understanding of <br /> the laws and legal precedents applicable to impact fees, the practical procedures for <br /> calculating fees, collection timing and procedures and familiarity with the language and <br /> operations of impact fee regulations that have been implemented elsewhere. As the <br /> Town's expertise in this field is limited, and available assistance from the Cape Cod <br /> Commission is only general in nature, this article would fund a consultant with <br /> experience in development of impact fees elsewhere to assist the Planning Department <br /> with development of impact fee regulations, calculations and implementing measures <br /> which are specific and appropriate for Mashpee. <br /> n <br /> Recommendation; The Finance Committee recommends approval. ; <br /> ie <br /> Motion: I move the Town vote to appropriate and transfer from revenue available for <br /> appropriation $15,000 to the Impact Fee Study Account. <br /> Motion to be made by Wayne Taylor. <br /> T0 <br /> n. <br /> It <br /> .e <br /> e <br /> 14 <br /> a <br /> n <br />