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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br />Meeting Date 1/22/08 Agenda Item # `s -'-[ <br />SUBJECT: <br />Commerce Dept. -Annual Adjustment to Voluntary Mitigation Payment Amounts for <br />Schools <br />BRIEF SUMMARY: <br />Pursuant to the Cabarrus County Zoning Ordinance, the Board of Commissioners is <br />required to adopt adjusted Voluntary Mitigation Payment amounts for schools at the regular <br />meeting in January of each year. Staff is providing the adjusted amounts to the <br />Commissioners for consideration and adoption. These amounts would be applied to any <br />projects seeking Reservation of Capacity Certificates in the year 2008. The Board may <br />wish to consider changing the ordinance to automatically index the adjustments. <br />REQUESTED ACTION: (Suggested motion it the Board approves the agenda item as presented) <br />Motion to adopt adjusted Voluntary Mitigation Payment Amounts for 2008. <br />Attachments ^X Yes ^ No Expected Length of Presentation 5 Minutes <br />Submitted By: Susie Morris, Planning Manager <br />Name I Job Title <br />Date: 1 /7/08 <br />Budget Amendment Required: ^ Yes ^X No <br />Budget Amendment Attached and Reviewed by Budget Officer: ^ Yes ^ No <br />County Manager's RecommendationslComments: <br />This item was approved by the Board for inclusion on the Agenda as a New Business item. <br />The Board may wish to consider indexing the VMP such that the annual adjustment is <br />automatic. <br />Action Taken: <br />Approved [ ] Deferred [ ] <br />Denied [ ] Other [ ] <br />-~ <br />