Ordinance 2001-137 - Laserfiche WebLink

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ImDact Fees As of September 30,2001 1) PARKS AND RECREATION $1,167,885 Some of these funds will be used over the fiscal year to make further improvements to the Gilbert Samson Oceanfront Park, and start planning for the development of the Active Park. These funds may also be used to offset capital purchases of additional parkland. As other capital park improvements are suggested, analyzed, and approved, these funds may be utilized. As funds are collected for the account under our newly adopted impact fee ordinances, they must be used within six (6) years. 2) POLICE $263,689 These funds will be utilized to upgrade and move toward more standardization of the firearm used by the men and women of the Sunny Isles Beach Police Department. In addition, the necessary leather belt wear will be replaced and improved for the officer's safety, durability and comfort. As capital needs come up, we will utilize this account as may be appropriate. These monies must also be used within six (6) years of receipt. 3) MUNICIP AL FACILITIES $0 p This category of impact fees is newly adopted by the City Commission, and therefore, has no current balance. It is anticipated that future development projects will contribute to this fund in order to help offset the cost of construction of needed facilities for the proper operation of City government. Any funds that become available will certainly be used to help with capital purchases for the City Hall Project and any future maintenance/storage facility for the Public Works Department that may be constructed. As with the other impact fees, these funds must be used within six (6) years of receipt. Debt service on capital improvements is also an appropriate use of impact fees. f,~':l 63