Eloy completes impact fee study; some up, some down
by Maria Vasquez | The Eloy Enterprise
After nine months that included multiple public hearings, updates and adoptions, the Eloy City Council reached the final step of the Infrastructure Plan and Development Impact Fee Study on Monday evening.
The council approved the final adoption of development impact fees on new residential and commercial developments to offset infrastructure costs for necessary public services.
The one-time payments can be used for infrastructure improvements or debt service for growth-related infrastructure but cannot be used for operations, maintenance, replacement or correcting existing deficiencies.