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ORDINANCE NO. 2015-001 <br />AN ORDINANCE OF THE CITY OF OCOEE, FLORIDA <br />RELATING TO ROAD, RECREATIONAL PARK, FIRE, AND <br />POLICE IMPACT FEES; PROVIDING FOR THE EXTENSION OF <br />THE TEMPORARY DEFERRAL OF ROAD IMPACT FEE <br />PAYMENTS UNDER CERTAIN CIRCUMSTANCES; PROVIDING <br />FOR THE TEMPORARY REDUCTION OF IMPACT FEES FOR <br />ROADS, RECREATIONAL PARK, FIRE AND POLICE; <br />PROVIDING FOR RETROACTIVE APPLICATION OF THE <br />TEMPORARY REDUCTION; ADDRESSING THE AFFECT ON <br />THE TEMPORARY DEFERRAL ON EXISTING ANNEXATION <br />AND DEVELOPER AGREEMENTS; PROVIDING FOR <br />SEVERABILITY; PROVIDING FOR CODIFICATION; <br />PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, the City Commission of the City of Ocoee (the "Ocoee City Commission ") <br />recognizes that the adverse effects of the national recession and the financial and credit crises are <br />still impacting the state and local economy; and <br />WHEREAS, the City previously enacted Ordinance 2012 -004, Ordinance 2013 -029, and <br />Ordinance 2014 -011, which temporarily deferred the timing of road impact fee payments for <br />projects; and <br />WHEREAS, the City has received input suggesting that some of the economic <br />challenges associated with commencing new projects could be addressed in part by further <br />deferring the timing of the payment of road impact fees; and <br />WHEREAS, the City has also received input suggesting that some of the economic <br />challenges could also be addressed in part by reducing the impact fees assessed to new <br />development; and <br />WHEREAS, the City Commission finds it to be in the best interest of the citizens of <br />Ocoee to try to encourage economic development by temporarily deferring the timing for the <br />payment of road impact fees and temporarily reducing the impact fees assessed to new <br />development; and <br />