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Advisory board reviews impact fee schedule; members flag need for updated analysis
Summary
Board members reviewed the city’s impact-fee ordinance, noted that the fee schedule dates to 2001, and discussed disparities (about $975 per resident generally, about $650 in Sebastian Highlands) and the possibility of a new fee study given rising equipment and construction costs.
The advisory board reviewed the city’s impact-fee ordinance and asked staff for a contemporary analysis of fees and zones, saying the current schedule appears out of date given recent construction-cost increases.
Staff summarized the ordinance included in the meeting packet and said the typical parks impact fee is about $975…
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