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DRAFT <br />01/02/03 <br />(UNEDITED) <br /> <br /> ORDINANCE ADOPTING PROCEDURES FOR <br />THE IMPOSITION, CALCULATION, COLLECTION, ADMINISTRATION AND <br />EXPENDITURE OF SCHOOL IMPACT FEES TO BE IMPOSED <br /> ON NEW RESIDENTIAL CONSTRUCTION <br /> <br /> WHEREAS, the County is authorized to establish and impose School Impact Fees on new <br />Residential Construction to f'mance new School Facilities necessitated by such new Residential Construction <br />pursuant to G.S. §§ 153A-102, 153A-121, 153A-340ff, Article IX, Sec. 2(2) of the North Carolina <br />Constitution, and the common law powers of the County; and <br /> <br /> WHEREAS, the County is experiencing rapid growth accompanied by accelerating growth in <br />public school enrollment that leads to overcrowded School Facilities; and <br /> <br /> WHEREAS, new Residential Construction has generated the need for School Impact Fees so <br />that existing levels of school services will continue to be provided and so that future deficiencies in <br />School Facilities will be prevented from occurring; and <br /> <br /> WHEREAS, all moneys collected fi.om School Impact Fees will be deposited in the School <br />Impact Fee Fund which clearly identifies those monies as School Impact Fees; and <br /> <br />WHEREAS, this Ordinance is consistent with the Cabarrus County/City Comprehensive Plan; and <br /> <br /> WHEREAS, the County has adopted a capital improvements plan through 20__ based on the <br />Cabarrus school facilities capital plan of the Cabarrus County and Kannapolis (City) Boards of Education. <br /> <br /> NOW, THEREFORE, THE BOARD OF COUNTY COMMISSIONERS FOR THE COUNTY <br />OF CABARRUSCABARRUS DOES ORDAIN THAT: <br /> <br /> 1. The Cabarrus County Code of Ordinances is hereby amended by adding a chapter, to be <br />numbered Chapter, which chapter reads as follows: <br /> <br /> Chapter <br /> <br />SCHOOL IMPACT FEES <br /> <br /> ARTICLE I - GENERAL <br />Sec. 7-1. Purpose and Intent. <br /> <br />The purpose and intent of this Ordinance is: <br /> <br /> A. To establish uniform School Impact Fees throughout the County and establish procedures for the <br />imposition, calculation, collection, administration and expenditure of School Impact Fees imposed on new <br />Residential Construction; and <br /> <br /> <br />