Road Impact Fees

With the increase in the amount and intensity of construction taking place in Mountain Village, a much greater impact to the town's roadways has become evident.

At the September Town Council meeting the Council will hold a second reading and hear Public Comment regarding an Ordinance to adopt an increase in Road Impact fees to fairly help cover the cost of repairing and maintaining Mountain Village roadways.

Upon adoption of this Ordinance, effective October 1, 2007, the following Fee Schedule will be enforced by the Building Department.

ROAD IMPACT FEE SCHEDULE

New construction is defined as the construction or enlargement of any structure within the Town of Mountain Village.

All new construction, residential and commercial, including additions to existing buildings shall pay $1.00 per gross square foot of construction.

Example:  The gross square footage is 14,260.  Fee is figured as follows: 

14,260 x $1.00 = $14, 260.  Total fee is $14,260.

Remodels are defined as the alteration or renovation to an existing structure other than a repair or addition.

All remodels shall pay a Road Impact fee based on the valuation of the work being completed, of $1 per $400.   

Example = If the valuation of a remodel (alteration) is $250,000 the fee is figured as follows:

$250,000 / $4.00 x $1 = $625.  Total fee is $625.

Exterior Alterations not impacting the square footage of the structure, not including repairs, shall be charged a minimum Road Impact Fee of $500.

Example = Alteration of siding, roofing, stone, etc.

Deed Restricted Housing as defined by the Town of Mountain Village Housing Guidelines.

All Road Impact Fees on Deed Restricted Housing shall be waived.