The city of Fayetteville is preparing to increase its impact fees,�largely
to fund new transportation projects, city officials said.
The city charges the impact fees on new construction projects, with
the funds going to the city's capital improvements program. Georgia
law allows the fees to be used on the theory that it helps take some
of the tax burden off property owners who have paid their share into
the system for a number of years.
Impact fees are not charged on existing structures.
Under the new impact fee schedule, a single family residential unit
would be assessed a $1,671 fee, an increase of $383. LIkewise, the multifamily
impact fee, which is charged per unit, will increase by $316 while specialty
retail projects will increase by $586 per 1,000 sq. ft.
City Engineer Don Easterbrook noted that the Atlanta Regional Commission
and the Georgia Department of Community Affairs has reviewed the impact
fee schedule and doesn't have any problems with them.
Also, the fee schedule was reviewed by the city's impact fee advisory
committee, Easterbrook noted.
"They seemed to be satisfied," Easterbrook said of the committee.
The impact fee ordinance was posted for a first reading at Thursday's
city council meeting but won't be voted on until the next council
meeting July 15.
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