Council adopts temporary deferral program for system development charges
Veneta adopted Ordinance No. 600 to temporarily defer system development charges (SDCs) for residential and commercial projects, including application and lien terms, caps on deferrals, a 25% surcharge for nonpayment, and bond/security options; an example exhibit listed an SDC total of $29,406.04.
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The Veneta City Council adopted Ordinance No. 600 on Jan. 12 to authorize temporary deferrals of system development charges (SDCs) for residential and commercial building permits. Staff said the ordinance follows a prior 2022 program and is intended to stimulate development by allowing applicants to defer SDCs until issuance of a certificate of occupancy, subject to application, limits, and security requirements.
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