City considers impact fee hike
The city will hold a public hearing meeting to amend the city's capital improvement plan component of the city comprehensive plan and the city's impact fees as presented in the revised CIP plan, at 6 p.m. on Sept. 22.
It's expected to be a contentious hearing as developers object to the significant hikes in impact fees being proposed.
The proposed changes will increase the amount collected from impact fees from $657 to $6,737 on residential dwellings to cover 10 years of growth. Nonresidential fees would be $9.42 per square foot.
For more information, see the Mountain Home News.