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City staff to return with expanded West Fairbanks development-incentive proposal
Summary
Staff said the city commission signaled support for a larger incentive package for West Fairbanks and will return with a more expansive proposal in October, potentially waiving higher tiers of impact fees and permit fees for catalytic projects.
Staff updated the board on recent city work sessions about West Fairbanks incentives, saying the commission asked for a more expansive top-end incentive package than the $500,000 previously discussed. Peter (staff member) told the board staff will return with revisions and that the city hopes to present a final incentive program for commission approval in October to launch Winter Park's first formal development-incentive program.
Board members emphasized that West Fairbanks represents long-term opportunity but noted development there will take time because of fragmented land ownership and infrastructure needs. Staff also outlined potential fee waivers and contractual steps (attorney review, contract documents) required before incentives can be offered to developers.
