Council discusses removing bridge project from impact-fee plan to lower developer charges
Staff told council that removing a proposed bridge/river crossing from the transportation capital improvements plan would reduce the recoverable cost base and lower the maximum assessable impact fee; the process to revise fees was outlined and requires a new advisory committee and statutory notice steps.
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City staff briefed council on Sept. 1 about options to lower transportation impact fees by removing a bridge project from the capital improvements plan. The consultant explained that reducing the pool of recoverable costs lowers the maximum allowable fee per state law.
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