HomeMy WebLinkAboutBusiness Impact Estimate O-26-031 | P a g e
Business Impact Estimate
This form should be included in the agenda packet for the item under which the proposed
ordinance is to be considered, and must be posted on the City’s website by the time notice of the
proposed ordinance is published.
ORDINANCE NO. O-26-03
AN ORDINANCE OF THE CITY OF SEBASTIAN, FLORIDA,
PROVIDING FOR THE VOLUNTARY ANNEXATION FOR LAND
CONSISTING OF 204 ACRES, MORE OR LESS, LOCATED
SOUTH OF 77TH STREET, EAST OF 74TH AVE, NORTH OF
73RD STREET AND WEST OF 66TH AVE; PROVIDING FOR THE
EXTENSION OF THE CORPORATE LIMITS AND BOUNDARIES
THEREOF; PROVIDING FOR SEVERABILITY; PROVIDING FOR
CONFLICTS; PROVIDING FOR CODIFICATION; PROVIDING
FOR SCRIVENER’S ERRORS; AND PROVIDING FOR AN
EFFECTIVE DATE.
The City is of the view that the following exception(s) to the Business Impact Estimate
requirement apply that are checked off in a box below apply to the above referenced
proposed ordinance, although the City is implementing the procedure required by
statutory law to ensure that no inadvertent procedural issue could impact the enactment
of the proposed ordinance.
☐ The proposed ordinance is required for compliance with Federal or State law or
regulations;
☐ The proposed ordinance relates to the issuance or refinancing of debt;
☐ The proposed ordinance relates to the adoption of budgets or budget
amendments, including revenue sources necessary to fund the budget;
☐ The proposed ordinance is required to implement a contract or an agreement,
including, but not limited to, any Federal, State, local, or private grant, or other
financial assistance;
☐ The proposed ordinance is an emergency ordinance;
☒ The proposed ordinance is enacted to implement the following:
a. Part II of Chapter 163, Florida Statutes, relating to growth policy, county and
municipal planning, and land development regulation s;
b. Sections 190.005 and 190.046, Florida Statutes, regarding community
development districts;
c. Section 553.73, Florida Statutes, relating to the Florida Building Code; or
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d. Section 633.202, Florida Statutes, relating to the Florida Fire Prevention Code.
In accordance with the provisions of controlling law, even notwithstanding the fact that,
an exemption noted above may apply, the City hereby publishes the following information:
1. Summary of the proposed ordinance (must include statement of the public purpose,
such as serving the public health, safety, morals, and welfare):
Ordinance O-26-03 proposes a voluntary annexation for land consisting of 204 acres, more or less,
located south of 77th Street, east of 74th Avenue, north of 73rd Street, and west of 66th Avenue. By adopting
Ordinance O-26-03, orderly residential development for this property will be in accordance with the
regulations and processes found in the Land Development Code.
2. Estimate of direct economic impact of the proposed ordinance on private, for -profit
businesses in the City:
A current, Agricultural Zoning District, located in the unincorporated jurisdiction of Indian River
County, will be allowed to be developed into a residential subdivision within the city limits of the City of
Sebastian, offering favorable economic impact to a developer.
3. Estimate of direct compliance costs that businesses may reasonably incur:
There will be no direct compliance costs to any business from the adoption of Ordinance O-26-03
as its purpose is to annex for specific properties.
4. Any new charge or fee imposed by the proposed ordinance:
No new charge or fee
5. Estimate of the City’s regulatory costs, including estimated revenues from any new
charges or fees to cover such costs:
No regulatory costs or revenues will be generated from adoption of the Ordinance
6. Good faith estimate of the number of businesses likely to be impacted by the proposed
ordinance:
Developer, contractor and all subcontractors, suppliers, etc.
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7. Additional information (if any, but may wish to include the methodology used to derive
information for #1 and #2, above. For example: City staff solicited comments from
businesses in the City as to the potential impact of the proposed ordinance by contacting
the chamber of commerce, social media posting, direct mail or direct email, posting on
City website, public workshop, etc. You may also wish to include efforts made to reduce
the potential fiscal impact on businesses based on feedback from businesses. You may
also wish to state here that the proposed ordinance is a generally applicable ordinance
that applies to all persons similarly situated (individuals as well as businesses) and,
therefore, the proposed ordinance does not impose costs only upon businesses.):
No additional information