Update city fees including new developer impact fees phased in over 4 years
In Plain English
Richmond charges fees to cover the cost of city services like permits and inspections. This update raises various service fees and creates new developer impact fees that builders pay when constructing projects. If approved, the city expects $632,000 more annual revenue from service fees plus $436,000 from developer fees in the first year.
Auto-generated summary. Source: official agenda documents.
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