X.5) Public Hearing Re: Proposed Ordinance No. 24-5542, amending the Sarasota City Code, Chapter 25, Planning, Article II, Multimodal Transportation Impact Fee, Division 2, Multimodal Transportation Impact Fees by Public Facility, Section 25-49, Multimodal Transportation Impact Fess Schedule, so as to increase said impact fees to be imposed upon new development by a tiered and phased schedule, in some circumstances, up to the highest calculated rate supported by the City of Sarasota Multi-Modal Transportation Impact Fee Update Study dated July 16, 2024; reciting findings and intent as well as the authority of the City of Sarasota to enact a Multimodal Transportation Impact Fee Ordinance; making concurrent modifications to Subsection (d)(4) thereof to authorize the City Manager to administratively approve and execute fee deferral lien agreements and to amend Section 25-17 to adopt the update study; providing for the severability of the parts hereof if declared invalid; providing for the repeal of ordinances in conflict, etc. (Title Only)