LETTER: Hi Bob - I'm a concerned citizen, but not an "activist", who has been researching the impact fees paid by apartment real estate developers in Redmond / LWSD. The documents I've found are disturbing in both the minimal cost for school impact for an apartment developer, and the very, very cheap prices in LWSD vs the surrounding school districts right in King County. This is very relevant to the bond issue as it is driven by multi-family dwelling population growth that is rapidly accelerating, yet not being paid in any meaningful fraction by the developers.
The fees for multi-family school impact fees in LWSD are ridiculously low at $197/unit. I also have no idea how these fees are set, by what governmental body, or the process to influence them to reach a "parity" level to sensibly fund growth in multi-family on the Eastside.
According to King County Department of Permitting (21A.43.050) the following impact fees apply to various school districts:
LWSD 414: Single Family - $7005 Multi-Family (apartment) $197
Renton 403: Single Family - $6395 Multi-Family $1308
Issaquah 411 Single Family - $3738 Multi-Family $0
Highline 401: Single Family - $7958 Multi-Family $3101
Snoqualmie 410 Single Fam - $8668 Multi-Family $3220
This reader wishes to be anonymous...
The fees for multi-family school impact fees in LWSD are ridiculously low at $197/unit. I also have no idea how these fees are set, by what governmental body, or the process to influence them to reach a "parity" level to sensibly fund growth in multi-family on the Eastside.
According to King County Department of Permitting (21A.43.050) the following impact fees apply to various school districts:
LWSD 414: Single Family - $7005 Multi-Family (apartment) $197
Renton 403: Single Family - $6395 Multi-Family $1308
Issaquah 411 Single Family - $3738 Multi-Family $0
Highline 401: Single Family - $7958 Multi-Family $3101
Snoqualmie 410 Single Fam - $8668 Multi-Family $3220
This reader wishes to be anonymous...