The two-minute impact
The vote raised the fees from $7,037 per living unit equivalent to $9,065 per LUE, according to agenda documents. Impact fees are one-time charges paid by developers to finance the construction of public facilities needed to service their new developments.
The change went into effect Feb. 13.
How we got here
In January 2024, council appointed a Capital Improvements Advisory Committee to review and advise City Council on infrastructure improvements to be funded by impact fees, according to the documents.
At its Dec. 3 meeting, the CIAC voted to recommend council adopt the new fee amount.
