Tuesday, October 6, 2009

Construction Fees Denied

The continuation of the final reading of an ordinance that established development fees for public improvements, facilities and equipment for trails, drainage and transportation services was met with a resounding no at the Greeley City Council meeting Tuesday night.
The council denied the proposal after listening to several members of the community. The council members felt that with the current economy, now was not the right time to be raising fees. The board’s collective mindset was pro-business, but they did not support the raise in fees.
Some council members were in favor of looking at this issue 18 months from now. The council is also willing to be patient and wait for the economy to stabilize and will wait for another business to popup within the community.
In 2007, a study of the transportation, drainage and trail impact fees was completed. The fees are then charged to the new development with the revenue generated to be used to build a new infrastructure to support the development.
The plan was developed as an option to boost the construction development fees over a five year period, while residential fees would essentially remain the same as current fees. Depending on location within the city, commercial and retail businesses would have had decreases in overall fees.

No comments:

Post a Comment