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Lake Stevens clarifies park impact fees: developers pay at permit, single‑family fee about $4,572
Summary
Parks staff explained that developers pay park impact fees at permit submittal (or via approved deferrals), provided current per‑unit fee amounts for several housing types, and estimated next‑year revenue and fund balance.
Parks staff told the board that park impact fees are paid by developers at the time of building permit submittal unless the project participates in an approved deferral program, and that impact‑fee revenues are held in a separate park impact/mitigation fund.
"At the time of building permit submittal, they'll pay for their park impact fees unless they're part of a deferral program," Phil said. He added that all new residences in…
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