|
February 2, 2009 (Work Session) Page 1229
<br />Following comments from Commissioner Carruth related to rock and the
<br />construction of the new government complex near the Bus Garage, Chairman
<br />White encouraged the Board to compile any further questions regarding this
<br />item and provide them to Kelly Kluttz before the next meeting.
<br />Susie Morris, Planning and Zoning Manager, presented information
<br />related to the Adequate Public Facilities Voluntary Mitigation Payment
<br />Adjustment for 2009. She stated that Chris Ferris from the Tax Assessor's
<br />Office is present to answer any questions the Board may have on property
<br />appraisals.
<br />Ms. Morris reviewed the following information with the Board:
<br />.. Ai..n..x..... M1 Ila nno n, 'Inn[[I
<br /> Amount forVMP based
<br /> on lndez Adjustment to
<br />OriginalAmount Comparative October of 2007 /Yeprl
<br />ram TischlerBise Cost Multiplier Correcting alter original study using AmounlforVMP based
<br />Study (October 2006) Factor Multiplier October COST Multiplier) on 65%polity
<br />$12,425.00 1.063 1.004 1.067 $13,257.48 $8,617.36
<br />$6,590.00 1.063 1.004 1.067 $7,031.53 $4,570.49
<br />$5,988.00 1.063 1.004 1.067 $6,389.20 $4,152.98
<br />~ r 1. .. . moos
<br /> AmounC fofVMP based
<br /> on Index Atljus[men[Yo
<br />OriginalAmount Comparative October of 2008 (Veor2 Amount far Amountfor Amountfor
<br />ram TischlerBise Cos[ Multiplier Correcting after original study using Amount forVMP based VMP based VMP based VMP based
<br />tudy (OCteher 2006) Factor Multiplier October Cost Multiplier) on 65%policy on 60% on 66% on 60%
<br />$12,425.00 1.131 1.012 1.145 $14,226.63 $9,247.31 $8,535.98 $7,824.64 $7,113.3
<br />$6,590.00 1.131 1.012 1.145 $7,545.55 $4,904.61 $4,527.33 $4,150.05 $3,772.7
<br />$5,988.00 1.131 1.012 1.145 $6,856.26 $4,456.57 $4,113.76 $3,770.94 $3,428.1
<br />. u_......., naln~...,nn. ao l ~enn~.., mom
<br />
<br /> Amount farVMP based
<br /> on lndez Adjustment to
<br />OriginalAmount
<br />ram TischlerBise
<br />Study
<br />$12,425.00 Comparative
<br />Cost Multiplier
<br />(January 2009)
<br />1.138
<br />Correcting
<br />Factor
<br />1.00
<br />
<br />Multiplier
<br />1.138 January of 2009 /Year2
<br />4f[eroriginol study using
<br />January COST Multiplier)
<br />$14,139.65 mountfor
<br />Amountfor VMP based P based
<br />on 65%polity on 60%
<br />$9,190.77 $8,483.79 Amount for
<br />VMP haled
<br />on 66%
<br />$7,776.81 Amount for
<br />VMP based
<br />on 60%
<br />$7,069.8
<br />$6,590.00 1.138 1.00 1.138 $7,499.42 $4,874.62 $4,499.65 $4,124.68 $3,749.7
<br />$5,988.00 1.138 1.00 1.138 $6,814.34 $4,429.32 $4,088.61 $3,747.89 $3,407.1
<br />Chairman White stated the importance of keeping historical reference in
<br />regard to any mitigation payments. He stated if the VMP amount needs to be
<br />adjusted, it should be amended using the percentage; etc.
<br />UPON MOTION of Commissioner Privette, seconded by Commissioner Carruth
<br />and unanimously carried, the Board voted to place the Adequate Public
<br />Facilities Voluntary Mitigation Payment Adjustment for 2009 on the February
<br />16, 2009 Agenda as a New Business item.
<br />Commerce De artment - Amendment to 2007-2008 and 2008-2009 HOME Programs
<br />Kelly Sifford, Community Development Manager, presented a request for
<br />an amendment to the 2007-2008 and 2008-2009 HOME Programs. She reported a
<br />current project will go over two years' funding; the project will technically
<br />be considered as new construction because the foundation has to be relocated
<br />to a new area; and the Board's approval is required. In response to
<br />questions from the Board, she noted a public hearing is not required.
<br />UPON MOTION of Commissioner Carruth, seconded by Vice Chairman Mynatt
<br />and unanimously carried, the Board voted to place the Amendment to 2007-2008
<br />and 2008-2009 HOME Programs on the February 16, 2009 Agenda as a Consent
<br />item.
<br />Finance -
<br />Susan Fearrington, Assistant Finance Director, presented information
<br />related to a request from Cabarrus County Schools (CCS) for the Cabarrus
<br />County Public School Building Capital Fund Transfer. She stated the
<br />
|