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HEARING - Consider recommendations regarding Development Impact Fees, Annual Reports and Automatic Fee Adjustment as follows: (EST. TIME: 10 MIN.)
a) Receive the 2004-2005 annual reports for the Countywide, Orcutt and Goleta development impact fee programs;
b) Receive the automatic annual fee adjustment of 4.3%, which is based on the increase in the Engineering Construction Cost Index; and
c) Establish a committee of stakeholders to review the impact fees prior to next year's submittal to the Board of Supervisors.
COUNTY EXECUTIVE OFFICER'S RECOMMENDATION: APPROVE
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