1	New Developments Should Pay for the School Facilities they Require A Reminder
2	New Developments Should Pay for the School Facilities they Require Remember that the costs of public schools facilities for every home built in the 13,800 estimated home Carolina Station will be a bare bones minimum of $7,600. Based on straight-forward calculations from estimates made by Joe Burch, Coordinator of Planning for Horry County Schools, on the types and costs of the new school types required and the percentage use by Carolina Station students. And remember that the rest of us will pay the bulk of that in increased taxes if nothing changes
3	New Developments Should Pay for the School Facilities they Require What International Paper has agreed to contribute for the Carolina Station development should be applauded. International Paper is right, Carolina Station should not be singled out among other developments to alone have to pay for the public facilities that it requires – including public schools. Even if the Carolina Station development agreement, or any other, covered all public facilities except for schools, it would just be the tip of the iceberg.
4	New Developments Should Pay for the School Facilities they Require The Residential Improvement District Act, that has just passed the General Assembly, explicitly allows the costs of public school facilities required by a development to be included in a residential improvement district‘s special taxes. County council should require all developments greater than 24 acres to enter into a development agreement. Then it should insist a residential improvement district paying for the public schools the development requires be included in all of those development agreements.
5	New Developments Should Pay for the School Facilities they Require Now, it should defer to meet with International Paper to include such a residential improvement district in its development agreement after the governor signs the Residential Improvement District Act statute (June 27) -- to work out An agreed way to phase its special district taxes An agreement on facilities to be covered, their values and other residential improvement district details Agreed perfomance bond safeguards with reliable insurance companies.
6	New Developments Should Pay for the School Facilities they Require Residential Improvement District as opposed to other tools available Explicitly covers public school facilities Allows coverage of public facilities other than inside or on property directly adjacent to the development (except for impact fees that does allow such) Provides for developer responsibility for public facility bonds to be paid off by residential improvement district special taxes Poses no problem with developer facilities that may be included within the bonds as long as performance is assured, because buyers will pay the cost of developer facilities either way – whether it is in the sales price or in special taxes
7	New Developments Should Pay for the School Facilities they Require Doing this is what is right, No one can do this except County Council, and for Carolina Station, with International Paper, We understand that the Carolina Station Development Agreement has been in negotiation for a long time, but the Residential Improvement District approach is a promising new development that could make it much better. We plea with International Paper and DDC engineering to agree to return to the table and work out an agreeable residential improvement district within their development agreement.
8	New Developments Should Pay for the School Facilities they Require If something that is right needs to be done, and only one body can see that it is done. It is that body’s duty to do such. Only county council can enact the required ordinances. It is county council’s duty to do so. We elect county council members to work for our best interests, whether or not it affects the county budget.
9	New Developments Should Pay for the School Facilities they Require Questions? Comments? Objections?