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HEARING - Consider recommendations regarding Development Impact Fees Annual Reports and Automatic Fee Adjustment, as follows: (EST. TIME: 30 MIN.)
a) Receive the 2003-2004 annual reports for the Countywide, Orcutt and Goleta development impact fee programs;
b) Receive the automatic annual fee adjustment of 6.2% based on the increase in the Engineering Construction Cost Index.
COUNTY ADMINISTRATOR'S RECOMMENDATION: APPROVE
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