Received this info from American Fork City today: Apparently there was some miscommunication on the Impact Fee Facility Plan (IFFP) open house we will be holding. I wanted to make sure you were aware the open house will be held today, May 16, at 5 p.m. The open house will be in the conference room in the Administration Building located at 51 E Main. Impact Fees are tied to new development and existing businesses are not affected. Nevertheless, we wanted to make you aware of the meeting and provide some more context as to what impact fees are:
An impact fee is a fee that is imposed by a local government on a new or proposed development project to pay for all or a portion of the costs of providing public services to the new development. Additionally, impact fees need to be tied to a growth plan the city has adopted in order to make sure the revenue is being used correctly and effectively.
Existing businesses will not need to pay an impact fee because, in theory, they would have already paid it when their facility was built. A new business will not need to pay impact fees if they move into an existing facility, assuming the same level and type of use. However, if an existing business wants to expand their facility, they would have to pay impact fees on the new portion.
Since impact fees are associated with providing service, there are various impact fees. American Fork assesses fees for public safety, parks, streets, and other utilities like culinary water, pressurized irrigation, sewer, and storm drain.
Any questions please contact:
Camden Bird
Assistant to the City Administrator
801-854-5618 x126
