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The council discussed impact fees, which are charges on new development to fund public services. The specifics of these fees and their application were reviewed.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days.
The proposed maximum fees could increase the cost for a single-family home from approximately $12,000 to $35,000.
The city benefits by having more funding available to build and maintain necessary infrastructure for a growing population.
New homeowners and developers will face higher upfront costs for construction.
The council discussed impact fees, which are charges on new development to fund public services. The specifics of these fees and their application were reviewed.
The city is considering raising impact fees on new construction to help pay for infrastructure like parks and water. This could make building new homes more expensive in Orem.
We'll include it in your weekly brief whenever the council takes it up.
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