Developers whose projects fall under provisions of the city’s Growth Management Initiative will be assessed evaluation fees approved Tuesday by the city Directors.
A deposit of $1,295 will be requested upon application to cover an estimated 34 hours of staff time to evaluate projects against 14 criteria in the initiative. Any work exceeding 34 hours will be assessed at $38.10 hourly.
To make up for $600,000 spent by the city so far in devising rules and standards, developers will pay a second fee of 13 cents per square foot on non-residential projects and $133 for each residential unit. Average fees per project are expected to be about $1,500, according to a city report released Tuesday.
The initiative was passed by city voters in March, 1989. It limits commercial construction of projects larger than 25,000 square feet to a total of 250,000 square feet annually and construction of residential units to 250 annually.