Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Annapolis committee approves option to defer capital facility charges for small developments
Summary
The committee gave a favorable recommendation to O3725, allowing the director to defer certain capital facility/permit fees for small projects (six or fewer units) until after construction but before occupancy to reduce borrowing costs for small developers.
The Annapolis Finance Committee on Oct. 15 recommended O3725, a change that allows the appropriate director to defer capital-facility charges for small residential projects (six or fewer dwelling units) until after construction is complete but before final occupancy. The measure is intended to reduce short-term borrowing costs…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
