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j/fyJ•js3at�.f:. <br /> i <br /> i <br /> I <br /> Submitted by the Board of Selectmen <br /> Explanation: With the certification of Mash ee'�=° p s Comprehensive Plan by the Cape Cod <br /> fti <br /> Commission in July, 1998, the Town became legally eligible to adopt a s g y g p et of bylaws and ,. <br /> regulations requiring payment of"impact fee <br /> s"' for various types of new development. <br /> Such fees are intended to help cover new capital costs for the Town which result from ` <br /> new development, such as those for new school buildings, public safety buildings an <br /> vehicles, g p y g d <br /> c es, recreation facilities and other capital items that the Town would not have had to <br /> acquire if the development had not occurred. Development of legally '=� p g y defensible Impact <br /> fee regulations requires extensive review of the 'e Town's capital needs and their potential <br /> costs, including development of a methodology for l allocating <br /> + gy properly p y a ocatng a share of such <br /> costs to various forms of new development, a thorough understanding <br /> `• d n of available '��s" • <br /> p g <br /> g <br /> funding mechanisms and sources, a method for dealing with offsettingpayments, such as <br /> those required b <br /> py .. <br /> wi <br /> : r q y permit conditions and Cape Cod Commission mitigation requirements, <br /> >t <br /> in addition to state aid formulas, a thorough understandingof the laws and 1 .: <br /> legal <br /> F r precedents applicable to impact fees, the practical procedures for calculating fees <br /> , ryk collection timing and procedures and familiaritywith the language anx <br /> d operations of <br /> .. N'}a <br /> r;,g <br /> impact fee regulations that have been implemented elsewhere. As the Town's ex <br /> pe Ise �r <br /> in this field is limited and available assistance from the Cape Cod Commission is onl `' <br /> general in nature this article would fund a consultant with experience in development of <br /> {5. <br /> v'c• <br /> impact fees elsewhere to assist the Planning Department with development of impact fee <br /> tia <br /> t� p ,., <br /> appropriate <br /> regulations, calculations and implementing measures which are specific and ro riate <br /> pp p <br /> for Mashpee. ? <br /> =.r Recommendation. The Finance Committee recommend <br /> s approval. <br /> {: Motion <br /> made by Selectman Taylor. <br /> Motion: I move the Town vote to appropriate and transfer from revenue available for ux; <br /> '`R appropriation$15,000 to the Impact Fee Study Account. <br /> f4: Motion passes at 8:03 p.m. <br /> Motion made to adjourn at 8:03 p.m. <br /> F. <br /> Motion passes at 8:03 p.m. ' <br /> Special Town Meeting adjourned at 8:03 p.m. <br /> Fr7i <br /> i <br /> .4 <br /> L <br /> sz; <br /> l� <br /> gig•+ <br /> i <br />