collier-county-board-of-commissioners-meeting-agenda-august-26-2025_0b2.pdf
Impact Fee Installment Agreement for Immokalee Housing Project
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Description
Collier County will enter an installment payment plan agreement with Immokalee Fair Housing Alliance Inc. to finance $195,160.96 in impact fees for a 16-unit affordable rental project over 30 years at 5% interest. The obligation will be structured as a special assessment.
Contract Details
Contract Amount
$195,160.96 plus 5% interest over 30 years
Vendor
IMMOKALEE FAIR HOUSING ALLIANCE INC
Agency
Collier County, FL
Contract Type
FINANCIAL_SERVICES
Document Date
August 26, 2025
Contract Term
30 years
Renewal Date
2055-09-30
Renewal Info
30-year installment plan with fixed 5% interest; no renewal options indicated.
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