Wednesday, July 9, 2008

Complaints spur review of impact fee

"Surprise officials will renegotiate a developmental impact fee imposed by the city last year after builders complained that the fee makes their projects unprofitable during an economic downturn.

In July 2007, the City Council approved a 'roads of regional significance' fee on top of its developmental impact fee, causing the amount of city fees paid by developers to jump more than 300 percent in some cases.

Developmental impact fees charged to builders typically cover the cost of infrastructure needed to service their projects, such as sewer plants and road improvements."

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Complaints spur review of impact fee

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