Impact fees are defined as one-time assessments used to recover the capital costs imposed on local governmental agencies by new growth. They are governed by principles established in both the State of Colorado and Federal law. Colorado’s Senate Bill 15, which was passed in 2001, specifically gives Colorado governmental agencies the authority to levy “land development charges” or impact fees. North Central Fire Protection District contracted with BBC Consulting to determine a fair Impact Fee for the District.
BBC Consulting performed a detailed study and determined a fair Impact Fee for the District. BBC Consulting determined that an allowable Impact Fee would be $6,143.00 per residential unit and $3.21 per sq. ft. of non-residential structures.
However, the NCFPD Board chose to exercise their right to implement a lower Impact Fees and on October 23, 2021, the following fees were voted on and approved. These fees will need to be paid to the North Central Fire Protection District prior to receiving a building permit from Elbert County.
Residential: $4,000.00 per dwelling unit
Non-residential: $2.50 per building square foot