AG 2005 02 21 - Laserfiche WebLink

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o Where school facilities will not be adequate based on existing and projected enrollment, new development will be expected to address this inadequacy based on the cost incurred by Cabarrus County for school capital facilities. The Board of Commissioners may consider direct or indirect contributions to the adequacy of schools in the form of cash contributions, dedication of land in a suitable area based on the Cabarrus County Schools 15 Year Plan,. or infrastructure improvements that will directly benefit school sites. A combination of these methods may also be considered. In no case shall the value of the contribution be less than 50% of the incurred capital cost of $8067 which is $4034 for single family units. The student generation rate for multi-family units is approximately 1/3 that of the generation . rate of single family homes based on a Commerce Department survey of Cabarrus housing and based on national studies. Therefore the value of contribution for multifamily and townhouse units shall not be less than 33% of the single family contribution or $1331 per unit. The capital cost, and therefore the required value of contribution shall be indexed annually to reflect changes in the cost of construction. The annual construction index shall be based on the Turner Building Cost Index and the ENR Building Cost Index and the re-calculated rate shall be publicized. o Any method proposed to address school adequacy whether through monetary contribution, land donation or services shall be paid or completed prior to the issuance of any affected building permit within the subject development. The method to address adequacy and requirement that it shall be completed prior to building permits being issued shall be included in the Consent Agreement. o New development within the corporate limits of any of the cities located inCabarrus County shall also be subject to the adequacy review through the Cabarrus County Subdivision. Requlations Chapter 4, Section 17 "Adequate Public Facilities Standards" as provided for by Session Law 2004-39, House Bill 224, which became effective June 30, 2004. This review shall include existing school capacity as well as the additional capacity of schools under construction or for which funding of construction has been approved. In addition, the review shall include the existing enrollment and estimated enrollment based on previously approved development. School adequacy shall be defined as that estimated enrollment not exceeding 110% of capacity as determined by the Kannapolis and Cabarrus School Systems. o The Board of Commissioners requests that each of the cities require new development to enter into a consent agreement with CabarrusCounty to address school adequacy as part of the municipality's approval of that development. That consent G-~')..