Quote:
Originally Posted by Northwoods
So, in retrospect, would “we” have been further ahead if the current Commissioners would have taken the 40% offer from The Developer? Or at least tried to negotiate... maybe nudge the number up a bit?
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That's hard to say for a few reasons:
- The 40% offer was only on the small portion of new construction that is assessed the lowest impact fees.
- The 40% offer came with a catch, impact fees for the rest of the new construction where the larger impact fees are paid would have been locked with no increases for several years.
- The bill to limit impact fees was still going through the legislature. It could have been determined that the 40% would still be lowered under the new bill but that the agreement to freeze the rest of the fees was still enforceable.
- On the other hand, if the bill had allowed the terms of the agreement then a 40% increase for some new construction might have been greater than a 12.5% increase for all new construction.