Impact-fee freeze has cost Salt Lake City $7M

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A one-year moratorium on impact fees on new construction set to expire Nov. 2 cost Salt Lake City an estimated $7.1 million — money that would have been spent on parks, streets, police and fire. The City Council is now leaning toward extending the moratorium by about four months — a time frame that would forfeit an additional $500,000 per month. Council members have complained that Mayor Jackie Biskupski did not give them a new impact-fee proposal until mid-October and said they have not had tim... <iframe src="http://ift.tt/1U4Gxtc" height="1" width="1" > </frame>

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