In an effort to attract new developments, the Molalla City Council is considering waiving its system development charges for a year.
It's a telling indication of how far Oregon cities and counties - many of which have reduced or deferred SDCs - are willing to go in order to encourage investment and development.
Molalla City Manager John Atkins first considered proposing a deferral or reduction of Molalla’s SDCs to attract developers. But after polling other cities that have either deferred or reduced SDCs, Atkins believes a moratorium would be a bolder gesture.
“The feedback is that partial discounts and deferrals on SDCs haven’t had any impact on development,” Atkins said. “I think a moratorium would be more attractive. Anytime you can completely forgive a fee that is a significant percentage of a project budget, you have made it that much more attractive to a developer.”
Read the full story at the Daily Journal of Commerce.