City Council Takes A Look At Fee Waivers For Affordable Housing Project

The Sheridan City Council is considering a change in building permit requirements that would raise the minimum permit valuation from $1,000 to $3,000. The ordinance passed on second reading. Using 2008 figures, the measure may cost the City around $6,000 in lost revenue from the small building permits.

The Council also considered waiving building and plant investment fees for an affordable housing project for Grimshaw Investments. The rub comes when the City Council did not budget as much for fee waivers in this year’s budget. They opted for an across the board fee reductions, instead. City Councilor Ryan Mulholland…

The waiver request will deplete the account used to cover fee waivers by nearly one-third. The Council approved the request and will take $27,000 from the Dilapidation Abatement Fund to cover the building fee waiver and $14,000 from the Optional One-Cent Affordable Housing Fund to cover the waived plant investment fees.

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