• As we reported in our November 23 update, the Mobility Fee is still proposed to be three to ten times higher than the County's existing impact fee, depending on the specific land use. Future fees will be increased annually based on property valuation and construction cost increases.
• Mobility Fees can be reduced in several ways. Applicants may apply for reductions using an independent mobility fee calculation study; request Mobility Fee waivers and offsets by agreements with the Board for construction of mobility fee capital improvements; and use existing impact fee credits/offsets (if registered with the County).
• An economic development incentive program will also be available to reduce Mobility Fees. A draft of this policy, which will be adopted separately, aims to substantially reduce Mobility Fees for office, warehouse, manufacturing, and industrial uses.
• Staff has drafted Comprehensive Plan and Land Development Code amendments to eliminate transportation concurrency and relayed in focus group meetings that the County will be trying to avoid concurrency and Mobility Fees being in effect simultaneously.
• While the draft Ordinance is much more detailed than the Term Sheet we discussed in our December 11 update, important questions still remain unanswered at this late stage, including revenue projections, "grandfathering" and vesting of existing projects and agreements, and the much-discussed buy-back program for outstanding impact fee credits/offsets. Even the date when County will begin assessing the Mobility Fees remains up in the air (3-5 months seems likely).

Our team has been engaged in this process since the beginning. We are continuing to monitor how Mobility Fees will affect ongoing, proposed, and future projects in Hillsborough County and elsewhere across the state. Please contact our team should you have any questions.