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Council adopts fee adjustments, approves CPIU-based annual indexing and selects CPIU option for park and traffic impact fees
Summary
After staff presentations and a public comment from a Master Builders representative, the Lake Stevens City Council voted to adopt updated permit fees and to apply a five-year rolling CPIU adjustment, and chose the CPIU option for park and traffic impact fees (option 3).
City staff presented a revised schedule of land use and building permit fees and three options for park impact fees to the Lake Stevens City Council on Dec. 17, 2024. After public comment from a Master Builders representative, the council adopted fee adjustments, approved annual indexing tied to a five-year rolling CPIU average and directed staff to set both park and traffic impact fees using the CPIU option (option 3).
Russell Jo of Master Builders of Snohomish County…
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