|New Program Short-term Deferral of Fees for Non-Residential||Department: Economic Development|
To generate new revenue, attract new business, and create additional jobs throughout Stockton, the City’s Economic Development Department will provide an additional tool for short-term relief from upfront development costs for non-residential projects. Rather than paying development impact fees at the time a building permit is issued, new non-residential construction projects may defer certain eligible fees, excluding certain “pass-through” fees, until construction has been completed and the building is ready to occupy. Eligible fees can be deferred until a certificate of occupancy is issued, whether temporary or final, or for two years from the first building permit issuance, whichever is shorter.
For more information on the City’s economic development programs, text STOCKTON to 22828, or call (209) 937-8539.
See link to Full News Release below.