On May 16, the Fort Collins City Council voted 7-0 to pass an ordinance on first reading to increase capital expansion fees (CEFs), which are charged for new residential and commercial/industrial developments to “make growth pay its own way.” Fort Collins began charging a transportation CEF, previously known as the street oversizing fee, in 1979Continue reading “Fort Collins: Council Poised to Increase Capital Expansion Fees”
Tag Archives: CEFs
Loveland Council Considers New Approach to Impact Fees
The City of Loveland uses a “buy-in” method to calculate capital expansion fees (CEFs) — otherwise known as impact fees — on new construction based on a per unit implied capital investment of current land uses. However, the City has hired BBC Research and Consulting to analyze the equity of the current methodology and aContinue reading “Loveland Council Considers New Approach to Impact Fees”
Capital Expansion Fees Approved by Loveland City Council
After wrestling with Capital Expansion Fees (known as CEFs or impact fees) for nearly a year, the City Council finally made a decision. Developers will see a small increase in fees for a single-family home from a total of $12,531 in 2012 to $12,939 in 2013. The fees are mean to ensure that new developmentContinue reading “Capital Expansion Fees Approved by Loveland City Council”