A second community meeting is scheduled to discuss a study of impact fees in Grand Junction.

The City of Grand Junction scheduled the meeting for 5:30 p.m. Aug. 29 in the fire training room at 625 Ute Ave. Participants can also join the meeting virtually.

Impact fees are one-time payments charged to new developments to ensure the city can maintain the current levels of service by offsetting the costs of new capital construction necessary to accommodate new development and growth.

These fees are used to fund growth-related city capital improvements. Fees charged to new development are proportionate to the development’s share of these capital costs.

A study is conducted every five years of impact fees assessed to offset the costs of new capital construction such as streets, parks and public safety facilities. The process includes engagement with stakeholders and other interested community members through informational and feedback sessions.

The city’s last fee study for transportation, police, fire, parks and municipal facilities was completed in 2019. Municipal code requires the study to be reviewed at least once every five years by an independent consultant.

The city contracted with TischlerBise to develop an updated impact fee study to identify supportable fees for transportation infrastructure, municipal facilities, parks, public safety and affordable housing. TischlerBise is a fiscal, economic and planning consulting firm that has prepared more than 1,000 impact fee and infrastructure financing studies across the country.

Representatives from TischlerBise will present information about impact fees and the related methodology, process and timeline for completing the fee study. TishlerBise plans to complete the fee study by late fall 2024.

In addition to attending the upcoming meeting, peoples can submit comments on EngageGJ.org.