Log in

Lower impact fees may spur development

The Town Council last week took the final step in adopting a new development fee structure and in the process reduced the total fees on a single-family home by 80 percent.

At one point the town was collecting impact fees in seven different categories, but a law passed by the state Legislature in 2011 had the effect of reducing the allowable categories.

The town will be collecting fees for fire service as well as parks and recreation totaling about $1,600 for a single-family home. Previous fees averaged $8,000.

You must be a member to read this story.

Join our family of readers starting at $5 for your first month and support local, unbiased journalism.


Already have an account? Log in to continue.

Otherwise, follow the link below to join.

Please log in to continue

Log in
I am anchor

Lower impact fees may spur development

Posted

The Town Council last week took the final step in adopting a new development fee structure and in the process reduced the total fees on a single-family home by 80 percent.

At one point the town was collecting impact fees in seven different categories, but a law passed by the state Legislature in 2011 had the effect of reducing the allowable categories.

The town will be collecting fees for fire service as well as parks and recreation totaling about $1,600 for a single-family home. Previous fees averaged $8,000.

In conjunction with the new fees the council had previously adopted two new documents to support the fee calculations. Those include Land Use Assumptions and an Infrastructure Improvement Plan.

The town will also have a street fund available to it but currently will not use this. The restrictions on how fast the funds need to be used has prompted staff and a consultant to recommend the street fund not be used until there is a clearer picture of future needs related to growth.

The planning documents are to be updated every four years, and the town has the option of adding streets during one of these updates if the future need seems apparent.

Funds currently being held in existing categories will be used.

The law enforcement fund has $201,896, which will be used for law enforcement needs in the relocation of Fire Station No. 2.

The current street fund has $157,517, which is going to be used in the Saguaro Blvd. reconstruction project.

There is $42,348 remaining in the library/museum fund, which will go toward paying down the facility’s debt.

The existing open space fund has more than $1.6 million, all of which is expected to be used for construction of a trailhead in the Fountain Hills McDowell Mountain Preserve.

The town has until 2020 to use those funds.

Parks and recreation has $47,859 in its fund, and there is currently $43,624 in the fire and EMS fund.

The new fees will take effect in August. Mayor Linda Kavanagh has said she hopes the lower fees will help spur development in the community.

Share with others


Have an opinion on this story? Click here to send a letter to our editors.

Comments

No comments on this item Please log in to comment by clicking here