Prescott development impact fees under review

By Cindy Barks

The Daily Courier

If you’d like to discuss real estate matters, contact Rose Law Group Founder Jordan Rose, jrose@roselawgroup.com

Two of the City of Prescott’s impact-fee categories have already gone away because of new state requirements, and more changes are likely as well as the city moves toward compliance with state law.

That was the word Tuesday during an update report to the Prescott City Council on the evaluation that got under way recently on development impact fees.

Budget and Finance Director Mark Woodfill pointed out that a 2011 state law (Senate Bill 1525) requires municipalities to have new impacts fees in effect by August 2014, reflecting the changes in state law.

To comply with that requirement, the city approved a contract in October with Red Oak Consulting to conduct a study on its impact fees.

First among the changes for the city was a state requirement to do away with two impact-fee categories: public-building fees and recreation fees. The City Council eliminated the two categories in late 2011.

Under the new evaluation, elimination of the city’s parks impact fee is also up for consideration.

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Represented by Rose Law Group, Jordan Rose and Cameron Carter, impact fees reduced for Maricopa area development so that developer is not paying an astounding 31% of all area impact fees or nothing to the county as is contemplated in the current agreement