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 St. Lucie County
 Code of Ordinances
 Chapter 24. IMPACT FEES
 Article VIII. ROAD IMPACT FEE

  § 24-270. Review.

Latest version.

  • (a)

    The roads impact fee shall be adjusted by the county administrator in April of each calendar year. Unless otherwise directed by the board, any adjustments to the roads impact fee made pursuant to this section shall be based on the methodology described in subsection (b) of this section and shall be effective the first Monday in October of each calendar year.

    (b)

    The base for computing the adjustment is the Consumer Price Index-All Urban Consumers (base year 1995 = 100) for the United States, published by the United States Department of Labor Statistics (the index), that is published for January 1996 (the beginning index). If the index published nearest the adjustment date (the extension date) has increased over the beginning index, the fee for the following year (until the next fee adjustment) shall be set by multiplying the appropriate fee set forth in the schedule above by a fraction, the numerator of which is the extension index and the denominator of which is the beginning index.

    (c)

    If the index is changed so that the base year differs, the index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the index is discontinued or revised, such other government index or computation with which it is replaced shall be used in order to obtain substantially the same result as would be obtained if the index had not been discontinued or revised.

    (d)

    The board of county commissioners and shall review the roads impact fee at least once every five years from the effective date of the ordinance from which this article is derived (October 1, 2000).

(Code 1982, § 1-17-39; Ord. No. 85-10, pt. A, 11-12-1985; Ord. No. 93-002, pt. A, 2-16-1993; Ord. No. 95-12, pt. A, 6-27-1995; Ord. No. 98-021, pt. A, 10-20-1998; Ord. No. 00-004, pt. A, 5-9-2000)