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HomeMy WebLinkAboutMemorandum Road Inpact Fee RefundPlanning and Development Services Department Planning Division MEMORANDUM TO: Monica Graziani, Building and Code Regulations Manager Debra Zampetti, Zoning and Permitting Supervisor FROM: Irvie Saunders DATE: August 24, 2017 SUBJECT: Road Impact Fee Refund for Love's Travel Stop I have completed the research on the Road Impact Fees (RIF) paid for Love's Travel Stop on King's Hwy in Fort Pierce and determined an overcharge exists for the amount of $32,388.90. On May 15, 2013 a Road Impact Fee credit was given in the amount of $58,224.00 for permit #1209-0422. This amount was charged against the RIF Credit granted to Love's. On August 14, 2013, the permit was voided and replaced with permit #1308- 0163. At this time it was discovered that the amount of $58,224.00 was incorrect. On August 15, 2013, a memo was prepared and sent by Lydia Galbraith to notify management of the error. She also advised them a refund of $32,388.90 was owed to Love's Travel Stop. The total amount of the Road Impact Fee credit allotted to Love's Travel Stop was $110,246.71. Of this credit amount only $77,857.81 was actually used leaving a credit balance of $32,388.90. Finance has checked and cannot find a refund issued to Loves for the $32,388.90. Therefore it has been determined that we still owe this refund to them. We will issue the $32,388.90 refund on permit #1209-0426 as overpayment of Road Impact Fees. This will close the RIF Credit account and the balance for credits will be $0. A memo refund request will need to be sent to Finance using the RIF account number 615 0000 229042 000 for the refund. The amount of the refund due is $32,388.90.