Title/Name/Summary
Build Orland 2013
History
The ‘Build Orland’ program was instituted by the Village Board of Trustees in 2010. The goal of the program was to encourage new growth and development through the temporary reduction and deferral of permit and impact fees. In 2011 & 2012, the program was renewed but only for new residential projects. In summary, new residential projects received a 25% reduction on permit/impact fees and a 50% reduction on water tap fees. Additionally, projects were also allowed to defer the payment until final occupancy. Projects with pre-existing incentive/inducement agreements (i.e. sales tax sharing) were not eligible for the program. Additionally, projects with existing development/annexations agreements could only receive one ‘discount’ of fees, either those set by agreement or the Build Orland, whichever is greater.
The Results - 2010-2012
In 2010, a total of 166 projects (both commercial and residential) benefitted from the program, with an overall financial savings of $153,171.
In 2011, a total of 24 new residential projects benefitted from the program, with an overall financial savings of $108,364. The average savings per project was $4,515.
In 2012 (YTD), a total of 55 new residential projects benefitted from the program with an overall savings of $489,663. The average savings per project was $8,903. The average is higher this year because there were more permits issued for townhome buildings, which include more than one unit per permit.
2013 Recommendation
Given the increased stability in the housing market and the increase in housing starts in Orland Park, staff recommends renewing the program to continue to allow the deferred payment of the fees until occupancy. However, staff does not recommend continuing the reduction in fees. Fees would be collected at the same rates as they were prior to 2010.
On December 17, 2012 the Development Services & Planning Committee recommended approval (3-0) of t...
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