The Volusia County Council voted yesterday to accept the recommendation of the Duncan Associates study to raise impact fees to the rates seen here
. Council decided to phase in the fees over 2 years, with 75% implemented in year 1 and the remaining 25% in year 2. Fees will also be annually indexed using the FDOT construction cost index thereafter within a minimum and maximum range.
Other decisions on impact fees included:
- Credits will be limited to the same zone in which they were earned;
- Credits will expire 7 years after the final certificate of occupancy is issued on the final phase of a development;
- Residential single-family age-restricted developments will be addressed on a case-by-case basis with applicants providing a study supporting the request for a reduced fee.
These amendments to the existing ordinance will be presented to the Council on December 4th for a final vote.