County starts fee deferral for builders today

Starting today, builders can voluntarily defer paying traffic, parks, drainage and sewer  impact fees until they finish building their projects in unincorporated areas of the county.  
County supervisors in March unanimously approved the plan, which will run through June 2011, to help the local building industry that has been hit hard by the recession.
The fee deferral  plan was proposed by supervisors Bill Horn and Ron Roberts.  Previously, builders have had to pay impact fees when they started building their projects,  creating a debt they could not recover until the projects were finished and sold or occupied. Now  they can put off paying those fees until they finish building.
The fee deferral applies to builders of  residential tract developments and commercial projects, and is a voluntary program. The program could save builders thousands of dollars in upfront fees and provide the financial boost to start  projects they might otherwise delay.  
“The impact fee deferral is an opportunity for the county to help our ailing economy and give  relief to an industry that is struggling,” Horn said. “We believe this kind of assistance will enable  construction workers to keep their jobs and perhaps allow companies to hire more people.”
Roberts concurred.
“Government should be making these kinds of simple changes that help local people through  difficult times,” Roberts said. “This industry in particular has taken a very hard hit and is floundering.”  
Officials from the San Diego County Building Industry Association have applauded the  supervisors’ action, saying it could help “prime that pump” and get people working again.    

Related posts:

  1. County to defer some impact fee payments
  2. County creates plot plan guide to help builders, homeowners
  3. County to release draft General Plan Update for comment tomorrow
  4. Bad Timing on County Permit Fee Hike
  5. Supervisors hike permit and review fees

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Posted by admin on Apr 24 2009. Filed under Archive. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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