Listen to this post

On March 12, the Lee County Commission approved a 2-year, 80% reduction in road, park and school impact fees charged on new construction in an effort to encourage new development permitting and increase the County’s competitiveness for new business and industry. Fire and EMS impact fees were not affected. The reduction in impact fees will be in effect until March 13, 2015, and will reduce the fee charged for a single family house by approximately $10,000. The reduction applies to other types of residential and nonresidential development as well. The ordinance adopted by the County also provides for a 2-year extension on existing impact fee credits and provides credits for prepaid transportation mitigation paid by approved Developments of Regional Impact.