AN ORDINANCE OF THE TOWN OF BELLEAIR, FLORIDA, REDUCING THE SPEED LIMIT ON INDIAN ROCKS ROAD TO 25 MPH; AND PROVIDING FOR AN EFFECTIVE DATE HEREOF.

This Business Impact Estimate is provided in accordance with section 166.041(4), Florida Statutes. If one or more boxes are checked below, this means the Town of Belleair is of the view that a business impact estimate is not required by state law1 for the proposed ordinance, but the Town of Belleair is, nevertheless, providing this Business Impact Estimate as a courtesy and to avoid any procedural issues that could impact the enactment of the proposed ordinance. This Business Impact Estimate may be revised following its initial posting.

☐     The proposed ordinance is required for compliance with Federal or State law or regulation; 

☐     The proposed ordinance relates to the issuance or refinancing of debt; 

☐     The proposed ordinance relates to the adoption of budgets or budget amendments, including revenue sources necessary to fund the budget; 

☐     The proposed ordinance is required to implement a contract or an agreement, including, but not limited to, any Federal, State, local, or private grant or other financial assistance accepted by the municipal government; 

☐     The proposed ordinance is an emergency ordinance; 

☐     The ordinance relates to procurement; or 

☐     The proposed ordinance is enacted to implement the following: 

a. Part II of Chapter 163, Florida Statutes, relating to growth policy, county and municipal planning, and land development regulation, including zoning, development orders, development agreements and development permits; 
b. Sections 190.005 and 190.046, Florida Statutes, regarding community development districts; 
c. Section 553.73, Florida Statutes, relating to the Florida Building Code; or 
d. Section 633.202, Florida Statutes, relating to the Florida Fire Prevention Code. 

In accordance with the provisions of controlling law, even notwithstanding the fact that an exemption noted above may apply, the Town of Belleair hereby publishes the following information: 

1. Summary of the proposed ordinance (must include a statement of the public purpose, such as serving the public health, safety, morals and welfare): 
This ordinance is being considered by the Town of Belleair Commission to provide vehicle speed consistency to the most traveled local streets and promote safety.  

2. An estimate of the direct economic impact of the proposed ordinance on private, for-profit businesses in the Town of Belleair, if any: 
(a) An estimate of direct compliance costs that businesses may reasonably incur; 
(b) Any new charge or fee imposed by the proposed ordinance or for which businesses will be financially responsible; and 
(c) An estimate of the Town of Belleair’s regulatory costs, including estimated revenues from any new charges or fees to cover such costs. 

None. 

3. Good faith estimate of the number of businesses likely to be impacted by the proposed ordinance: 

Three. 

4. Additional information the governing body deems useful (if any): 

None.