§ 21-340.1. Findings.

(a)

The City Commission finds and determines that transportation capacity is a commodity that has a value to both the public and private sectors and the City proportionate fair-share program:

(1)

Provides a method by which the impacts of development on transportation facilities can be mitigated by the cooperative efforts of the public and private sectors;

(2)

Allows developers to proceed under certain conditions, notwithstanding the failure of transportation concurrency, by contributing their proportionate fair-share of the cost of a transportation facility;

(3)

Contributes to the provision of adequate public facilities for future growth and promotes a strong commitment to comprehensive facilities planning, thereby reducing the potential for moratoria or unacceptable levels of traffic congestion;

(4)

Maximizes the use of public funds for adequate transportation facilities to serve future growth, and may, in certain circumstances, allow the City to expedite transportation improvements by supplementing funds currently allocated for transportation improvements in the capital improvements element (CIE) of the City's comprehensive plan.

(5)

Is consistent with F.S. section 163.3180(16), and supports transportation objectives 1.0, 2.0, 3.0, 4.0, 5.0, 8.0, and capital improvements policy 1.2(e) of the City's comprehensive plan.

(Ord. No. O-06-125, § B, 11-27-06)