The Lee County Commission slashed impact fees by 80 percent – a $10,000 discount on the average cost of a new home. The move reduces Lee County’s surcharge on a new single family house from about $12,500 to $2,500. Fees on commercial and industrial structures were also reduced by 80 percent. Impact fees are meant to build public facilities that support development and a growing population.Commissioners agreed to keep the fees that fire districts and emergency services levy, because some are tied to debt repayment. Those fees only make up a fraction of the surcharges Lee County collects.
Cape Coral Florida
Provided by CapeCoralRealEstate
Sunday, March 31, 2013
Lee County Commission slashed impact fees by 80 percent
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