Increase developer impact fees to fund city infrastructure through 2040
In Plain English
The city currently charges fees to new developments to pay for roads, parks, and other infrastructure. A new study found these fees are too low to cover future needs through 2040. If approved, the fees increase gradually over 2 or 4 years and generate an extra $436,000 annually.
Auto-generated summary. Source: official agenda documents.
Votes
To direct the city manager to return the matter back to the council at an appropriate time, with options for how to change the developer impact fees as per the feedback provided by the council, and then determine an agreed upon option to schedule the next public hearing.
7 to 0
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