Salt Lake City division of Housing and Neighborhood Development (HAND) releases new Impact Fee draft plan for public review and comment
Salt Lake City’s division of Housing and Neighborhood Development (HAND) will discuss a new draft plan for how Impact Fees are collected by Salt Lake City, at developer and public forums on Tuesday, September 20th and Thursday, September 22nd. The draft plan was completed by a contracted financial consultant, and will seek to replace the current Impact Fee Facilities Plan adopted in 2012. In November 2015, the Salt Lake City Council implemented a one-year moratorium on the collection of Impact Fees while the city explored new options.
Impact Fees are used by municipalities to maintain levels of service in areas experiencing additional demand due to development growth. The fees are governed by state statute and can only be spent in service areas on projects including, public utilities, roadways, parks, and police and fire facilities. The City’s current Impact Fee Facilities Plan specifies particular areas in the City where Impact Fees can be collected and spent. The draft plan recommends fees be collected and spent citywide. The draft plan also adjusts the amount of fees collected from various types of development based on a review of historic impact and service use.
The public, including developers, are invited to review and provide feedback on the draft plan at www.slcgov.com/opencityhall or at forums hosted by HAND on Tuesday, September 20 at 9:30 AM or Thursday, September 22 at 6:00 PM. Both meetings will take held in Room 315 at the City and County Building.
The draft plan, along with an FAQ, can be found at www.slcgov.com/HAND