Cape Coral to consider building permit fee reduction
High building fund reserves has the city of Cape Coral considering a reduction in its building permit fees.
The Cape Coral City Council is expected to vote Monday on a resolution that would adopt a revised building permit fee schedule for new construction and a revised building permit miscellaneous fee schedule.
If passed, the resolution would temporarily reduce the fee for all building permits by 25 percent as a way to reduce building fund reserves.
In a memo to council, the current Building Fund Reserve Fund is more than $11 million, creating an excess reserve amount of more than $4.6 million.
The resolution is in response to a state bill passed last year which contains a requirement for the management of excess building division funds that exceed the average of its annual budget for the previous four years.
Mayor Joe Coviello said he hopes the resolution will also give a boost to construction.
“We want to do a little bit to help spark some additional commercial and residential building by lowering the fees. The reserve accounts have more than the allotted amount, but we want to put it back in the building community for the good work they do,” Coviello said.
The council also will have a discussion regarding future compensation for city council members, which the mayor will bring up.
Coviello said with the changing demographics of the city toward younger adults, the council should start to reflect that, and perhaps bumping up the pay is the way to do it.
“The average demographic is between the ages of 25 and 45, and we want to get future community leaders that represent that demographic,” Coviello said. “Looking at the candidates that have put in, it doesn’t seem like there’s a whole lot of interest in running for office.”
Currently, three council members are over the age of 70. Only one, Jessica Cosden, fits that demographic cited. The current pay for a city council member is $34,834 per year.
The council also will get an update on expenditures and revenues ahead of the upcoming budget season, which is about to get into gear, and also vote on a long-discussed ordinance regarding parking in residential areas, permitting certain types of vehicles with commercial lettering or graphics to park in residential zoning districts, prohibiting parking on pervious surfaces, and regulating car covers.
Testimony for any quasi-judicial hearings listed below may be heard in person by attending the meeting or via phone participation.
Contact the City Clerk at 574-0417 to arrange the phone participation by noon on June 8.
The meeting will take place at City Hall at 1015 Cultural park Blvd. at 4:30 p.m.
For city council, it will be the final regular meeting before going on summer hiatus.