INSIDE TUCSON BUSINESS: Mon., May 4, 2009
City sets extension fees
The Tucson City Council April 28 approved a fee structure for 83 projects that have been granted development extensions due to the slow economy. The new fees are:
While the fees may seem high, David Godlewski of the Southern Arizona Home Builders Association, says they are 50% to 70% less than what developers would otherwise have paid to restart the approval process. Pima County has started a similar program extending the life of more than 200 projects. Developers in the county pay 25% of the initial approval fee for the extension.
