The Bend Oregon Fee in Lieu Agreement is a legally binding agreement between the city of Bend and a developer or property owner, aimed at providing an alternative method for meeting certain development requirements in lieu of direct payment or physical construction. This arrangement allows developers to contribute financially or make infrastructure improvements outside their property boundaries. Here is an in-depth description of the Bend Oregon Fee in Lieu Agreement, along with the various types that exist: 1. Definition: Bend Oregon Fee in Lieu Agreement is a mechanism offered by the city government to promote development while ensuring that essential public facilities and services are adequately provided. 2. Purpose: The agreement aims to provide developers with flexibility in meeting development regulations and requirements, facilitate infrastructure improvements, and contribute to the overall growth and enhancement of the community. 3. Payment Structure: Under the Bend Oregon Fee in Lieu Agreement, developers can choose to make financial contributions to the city based on predetermined formulas or rates. These fees are typically calculated proportionally to the size, type, or impact of the proposed development. 4. Infrastructure Improvements: Alternatively, developers may opt to construct or improve public facilities or amenities, such as roadways, parks, stormwater management systems, or utility infrastructure, outside their property boundaries. This allows for the expansion and enhancement of community services. 5. Different Types: a. Transportation Fee in Lieu Agreement: This type specifically focuses on transportation-related improvements, including roads, sidewalks, bike lanes, traffic signals, or public transportation enhancements. b. Park Fee in Lieu Agreement: This variation focuses on the development or improvement of parks, recreational spaces, trails, or open areas within or nearby the proposed development. c. Stormwater Fee in Lieu Agreement: In this case, developers contribute to stormwater management projects, helping to mitigate and improve drainage systems and prevent flooding. d. Utility Fee in Lieu Agreement: This type emphasizes utility infrastructure improvements, such as water supply, sewage, or electrical systems, necessary to support the development. e. Mixed-Use Fee in Lieu Agreement: This encompasses a combination of multiple types mentioned above, providing developers with a broader range of options in fulfilling their obligations. In summary, the Bend Oregon Fee in Lieu Agreement serves as a flexible tool that allows developers to meet their development requirements by either making financial contributions or undertaking infrastructure improvements. The different types of agreements (transportation, park, stormwater, utility, or mixed-use) cater to specific aspects of development, ensuring that the community's needs are met while fostering growth and progress.
Bend Oregon Fee in Lieu Agreement
Description
How to fill out Bend Oregon Fee In Lieu Agreement?
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