Heritage Harbor Commercial
Benefits
- HHORD will assist with entitlement with City of Ottawa if desired through relationships and presentations
- Buyer will benefit from the following items negotiated with the City
-
- No Growth Impact Fee per home
- No upfront Student Impact Fee by Developer put paid when permit is pulled, reduced from $1500 per home. Fee scale is $400 for a two bedroom and three bedroom is $1317 and a 4-bed is $2350
- Building permit fees reduced to $.25 per sq foot.
- Sewer and water tap on fees have been reduced to $750 per home
- BMEC fee since it is part of an Enterprise Zone is .5% of building material costs. That is on anything sales taxed in vertical construction which saves you 7%
- No new park fees as a new developer
- Developer Exemption real estate once platted
- City flexible on replats with PUD
- City will allow a lot of density
- Recent notification of fiber being run to site with construction beginning Fall 2020 with no charge to Developer
- Ameren rebate per hook-up to Developer