Monday, December 31, 2012
Logan to Review Impact Fees for Developers
Mark Nielsen, Logan’s public works director, said Thursday that the fees are typically set for a five- to six-year period and are then analyzed again.
“The previous fees were in 2005; it’s been six to seven years,” Nielsen said. “We’ve been studying it for about a year, and the impact fees ... look at future growth and allocate costs to growth that provide for that development to continue.”
Impact fees charged for a single-family unit, for instance, would go from the existing total of $4,833 down to $4,791 —a bit less than a 1 percent decrease.
“The reason is that the development pressure now is less than it was seven years ago,” Nielsen said. “We’ve recalculated everything, and based on going through the analysis, there’s less there than there was.”
A public hearing on the issue is set for 5:30 p.m. Jan. 8, and the council could approve the new fees that night. The Municipal Council meets at 290 N. 100 West in Logan. Herald Journal