HomeMy WebLinkAboutLetter - Revised FeesPeter Jones
Tom:
Peter Jones
Sent:
Wednesday, April 27, 2016 9:15 AM
To:
Mark Satterlee
Cc:
Leslie Olson
Subject:
ISLAMORADA IMPACT FEES
Mark,
Wanted to let you know that we've come up with an alternate way of calculating the area (the 'retail' area) for
calculating the impact fees. I can explain how in greater detail at your convenience. Point is that we can reduce the fees
by 26%:
Current Fees (includes deduct for impact fees already in place):
$10,357.00 Impact Fees
$ 1,163.76 Permit Fees
$11,520.76 Total (payment to release permit)
Revised Fees (includes deduct for impact fees already in place):
$ 7,380.56
Impact Fees
1,163.76
Permit Fees
Jf44.32
Total (payment to release permit)
$2,976.44 delta (26%) decrease in total fees .
This affords the opportunity to (logically) reduce the impact fees by one -quarter without eliminating them altogether.
Of course we will also be able to provide JGiG funding and ad valorem tax abatement as well.
I believe this constitutes a very positive incentive approach on the County's part. We'll see how it goes with FPUA.
Pi
Peter W. Jones, A.I.A.
Business Navigator
Planning & Development Services
St. Lucie County Board of County Commissioners
2300 Virginia Avenue
Fort Pierce, FL 34982
(772) 462-1550
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