By Your Valley
The city of Apache Junction is beginning the process prescribed in state statutes to update its development fees.
Development fees are paid by developers at the time building permits are issued for new development. Those fees help fund infrastructure for police, streets, libraries and parks and recreation facilities necessary to accommodate new growth in the community, according to a release.
Two of three residential fees per unit are increasing, such as a new $6,736 for single family increased from $5,932; a new $4,516 for multi-family decreased from $4,827; and a new $4,471 for recreational vehicle increased from $4,220.
Nonresidential fees per square foot are increasing, such as a new $1.89 for industrial from $1.61; a new $8.52 for commercial/retail from $7.86; and a new $4.17 for office and other services from $3.32.
