ACHD Defers Impact Fees for Finch 2 Developer
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Description
ACHD plans to execute an Impact Fee Assessment and Deferral Agreement with Finch 2, LLC for the Finch 2 Affordable Housing Phase 2 project. The agreement defers payment of $66,654.00 in roadway impact fees until certificate of occupancy, with safeguards including interest on default and a potential lien on the property.
Contract Details
Contract Amount
$66,654.00
Vendor
FINCH 2 LLC
Agency
Ada County Highway District, ID
Contract Type
OTHER
Document Date
May 13, 2026
Contract Term
Impact fee payment deferred from building permit issuance to certificate of occupancy, but no later than October 31, 2027
Renewal Date
2027-10-31
Renewal Info
One-time impact fee deferral tied to project completion; no renewal options, but fee must be paid by 2027-10-31 or will accrue interest and support a recorded lien.
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