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Orem consultant presents new impact-fee study; proposed maximums would raise single-family assessment to roughly $35,000
Summary
A consultant presented a draft impact-fee facilities plan and analysis showing proposed maximum allowable fees that could raise an example single-family assessment from about $12,000 to roughly $35,000; staff recommended a December public hearing on the maximums and offered phased or buy-in removal options to reduce immediate impacts.
A consultant hired by Orem presented a draft impact-fee facilities plan and impact-fee analysis to the City Council work session, saying the documents establish the statutory ‘‘maximum allowable’’ fees that the council may adopt, reduce or reject. The consultant said the IFFP/IFA covers parks, public safety (police and fire), transportation, culinary water, wastewater and stormwater, and uses a 10-year planning window to calculate proposed capital needs and allocations.
The consultant said, “The impact fee is a onetime fee on new development activities.” He showed preliminary capital…
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