Fountain Valley : Council OKs 3% Hike in Developer Fees
Developer fees have been increased by 3% as the City Council tries to raise money to pay for streets and sewer and water lines for new developments.
The fees hike, which was approved Tuesday, only applies to new residential and commercial developments.
Susan Lynn, environmental programs manager, said that six fees make up the developer fees, including those for sewers, annexation to water districts and median beautification.
Lynn said the higher fees will provide revenue to meet the increasing costs of improvements.
The last time developer fees were raised was in the summer of 1991, Lynn said. She said fees had not been raised so far during the recession in order to promote building in the city.
How much revenue the new fees will generate depends on the number of projects that receive city approval, Lynn said.
In other action, the council approved spending $71,244 to buy five new police vehicles.
The 1994 Ford Crown Victoria police cars will be bought through an order placed by the San Bernardino County Sheriff’s Department.