Orange County Slashes Land Developer Fees Effective Immediately: Orlando Is Making Nice with Land Developers

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This week, it was unanimously approved (7-0) that land developers' growth impact fees in Orange County, Florida, would be slashed by 25% and that they would also see a 50% cut in the charges assessed against them for school impact (a charge for new home builders theoretically paralleling the new kid population accompanying those new houses).

This is good for Orange County land development. Land developers should be more interested in doing business in the Orlando area - which means that the community will reap new jobs and correlated business that comes with new land projects.

This makes sense from another perspective, too. What with the economic morass we're all experiencing, those fees placed upon land developers don't jive with today's actual costs. It doesn't cost the same to build a road or put in a park now as it did five years ago. Orange County is simply being fair here, updating things to reflect today's realities.

Please see full article below for more information.

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Eckstein Schechter Law on:

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