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(5) The solid waste impact fees shall be calculated according to the following <br />formula: <br />SOLI D WASTE IMPACT FEE = EDUs x NET COST/EDU <br />Where: <br />EDUs = UNITS X EDUs/tJNIT <br />UNITS = Number of dwelling units of each housin type in the develo ment <br />EDUs/UNIT = Number of Equivalent Dwelling Units represented by one <br /> dwellin unit of a iven housin t e <br />NET COST/EDU = COST/EDU - CREDIT/EDU <br />COST/EDU = Total replacement cost of existing solid waste facilities that serve <br /> residential development utilizing transfer stations divided by all <br /> existin sin le-famil detached units <br />CREDIT/EDU = DEBT/EDU + PAST/EDU + GRANT/EDU <br />DEBT/EDU = Outstanding debt on existing solid waste facilities attributable to <br /> residential development utilizing transfer stations divided by all <br /> existin sin le-famil detached units <br />PAST/EDU = The net present value of property taxes paid over the last five <br /> years by vacant land for solid waste capacity improvements <br /> attributable to residential development utilizing transfer stations, <br /> including general fund expenditures as well as debt service <br /> a ments, er EDU <br />GRANT/EDU = The net present value of future Federal and State grant funding <br /> anticipated to be forthcoming for solid waste capital <br /> improvements attributable to residential development per EDU <br /> over the next 20 ears <br />. _, <br />-15- <br />