The Cheyenne City Council has withdrawn a resolution that would have allowed city staff to move ahead and develop a plan for development impact fees for the city.
Impact fees are payments that would have been paid to the city before new construction, and are used to pay for infrastructure improvements. The resolution came under a lot of fire from business leaders in Cheyenne, saying impact fees would hinder business development and economic growth.
Cheyenne Mayor Rick Kaysen says after looking at other communities that have impact fees he doesn’t know if that is the case, “If you look at the other communities in the front range of Colorado that have impact fees, just drive down I-25 and you will see that development really hasn’t stopped that much. Is that a justification to have it here in Cheyenne? No, it’s just a comparison.”
Even though the Cheyenne City Council has withdrawn the resolution, discussions about impact fees and other ways to fund infrastructure projects will continue.
