The City Council has been discussing a new methodology for calculating capital expansion (or impact) fees for new development for five years. Last week staff presented Council with a resolution adopting the new plans based fees but after a long conversation, Council opted to postpone the decision until September. The CEFs under consideration included fire,Continue reading “Loveland: Council Postpones Adoption of New Impact Fees”
Tag Archives: CEF
Fort Collins: Transportation Impact Fees
Earlier this month the City Council discussed moving from a street oversizing fee to a transportation capital expansion fee (CEF). Staff argues it’s time to update this impact fee and align it with other capital expansion fees, all of which are expected to undergo “revisions” (translation – increases) in the near future. Unlike the street oversizingContinue reading “Fort Collins: Transportation Impact Fees”
Loveland: Capital Expansion Fee Conversation Drags On
Since 2012 the Council has discussed changes to Capital Expansion Fees (CEFs) for new development. Council member Dave Clark noted that CEFs for a single-family home have increased 800 percent since 1984 when they were introduced. Clark said his home has only appreciated 300 percent since then. He continues to champion reducing fees for residentialContinue reading “Loveland: Capital Expansion Fee Conversation Drags On”
Council Struggles with Capital Expansion Fees
During its most recent discussion, the City Council was not able to reach consensus regarding the 2013 Capital Expansion Fee (CEF) increases proposed by staff. In total, staff is recommending that the package of residential CEFs be raised from $12,531 to $12,959. It should be noted that CEFs are only part of the story whenContinue reading “Council Struggles with Capital Expansion Fees”
IRES MLS: Come Home to Colorado 