Update transportation impact fees for new development projects
In Plain English
The city collects fees from developers to fund road improvements that offset traffic from new buildings. The current fee structure needs updating to reflect new projects and costs. If approved, developers pay revised amounts when building homes, offices, or retail spaces.
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Votes
Motion · Official minutes
Said ordinance received first and second reading and Ordinance No. 25-06, NS was adopted
6 aye · 0 nay · 3 absent
Why This Vote Matters
The council unanimously approved updated fees that developers must pay to fund road improvements when they build new projects. These fees are designed to offset the additional traffic that new homes, offices, and retail spaces create on city streets. The ordinance updates the current fee structure to reflect new development projects and rising construction costs. All six present council members voted in favor, with three members absent from the meeting.
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Related agenda records
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STMP ordinance Chapter 15.12
2019 Nexus Update of Subregional Transportation Mitigation Program (STMP)
Approval of Adjusted Developer Impact Fees for a Revised Master Fee Schedule
THIS ITEM HAS BEEN CONTINUED TO THE MAY 28, 2024, CITY COUNCIL MEETING
Master Fee Schedule Update