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Get the free Impact Fee Deferral Agreement - Memo - 5-10-12doc - achdidaho

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Rebecca W. Arnold, President Sara M. Baker, Vice President John S. Branden, Commissioner Carol A. McKee, Commissioner David L. Case, Commissioner Legal Department May 14, 2012, TO: Board of Commissioners
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How to fill out impact fee deferral agreement

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How to fill out impact fee deferral agreement:

01
Begin by obtaining a copy of the impact fee deferral agreement form from your local government or municipality. This form is usually available online or can be obtained in person from the appropriate department.
02
Read through the form carefully to understand the requirements and obligations stated in the agreement. Make sure you are eligible for the deferral and understand the terms and conditions.
03
Fill in your personal information accurately, including your name, address, contact details, and any other requested information. Double-check for any errors or omissions.
04
Provide information about the property for which the impact fees are being deferred. This may include the property address, parcel number, and a description of the project or development taking place.
05
Indicate the type of impact fees being deferred and the corresponding amount. This information is typically stated in the agreement form or can be obtained from the relevant department.
06
If required, attach any supporting documents or additional information as specified in the agreement form. This may include construction plans, financial statements, or any other documents necessary to prove your eligibility for the deferral.
07
Carefully review the completed form to ensure all information is accurate and complete. Make any necessary corrections or additions before signing and dating the agreement.
08
Submit the filled-out impact fee deferral agreement form to the appropriate department typically responsible for handling deferral agreements. This may be the planning department, engineering department, or another relevant authority.
09
Keep a copy of the filled-out agreement for your records.
10
After submitting the form, follow up with the department to confirm receipt and inquire about the next steps or any additional requirements.

Who needs impact fee deferral agreement?

01
Property owners or developers who are subject to impact fees imposed by their local government or municipality may need an impact fee deferral agreement.
02
Individuals or businesses undertaking construction, renovation, or development projects that trigger the imposition of impact fees may need to enter into a deferral agreement to defer the payment of these fees to a later date.
03
The need for an impact fee deferral agreement may vary depending on local regulations and jurisdictions. It is advisable to consult with the relevant government department or seek legal advice to determine if a deferral agreement applies to your situation.
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An impact fee deferral agreement is a legal agreement between a developer and a local government that allows the developer to postpone payment of impact fees until a later date.
Developers or property owners who are subject to impact fees are required to file an impact fee deferral agreement.
To fill out an impact fee deferral agreement, the developer must provide information about the project, the impact fees to be deferred, and the proposed payment schedule.
The purpose of an impact fee deferral agreement is to help developers manage cash flow and reduce upfront costs associated with development projects.
The impact fee deferral agreement must include details about the project, the impact fees to be deferred, the payment schedule, and any other relevant information.
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