Park Construction Fee

“Development impact fees in the City of Lincoln are called Public Facility Element Fees ("PFE Fees"). These fees are one-time charges levied on new development in Lincoln to fund various infrastructure, facilities, vehicles, and equipment needed to serve new development.”

“The neighborhood park construction impact fee portion of this fee will be available as a credit to the Village 1 owners for neighborhood park and trail construction. The neighborhood parks and trails costs make up approximately 37% of the total Park Construction Impact Fee. The remaining 63% will cover the rest of the Park Construction Impact Fee which consists of regional parks, community centers and aquatic facilities.”

“The City of Lincoln has an existing PFE program which incorporates the larger citywide elements of infrastructure within Lincoln. Village 1 has a significant amount of infrastructure that will be completed through the PFE program. The City will collect impact fees from the development of Village 1 and use those funds to pay for those items that the City has identified as PFE eligible.”

at building permit

“The cost of improvement to the regional park will be partially funded by Village 1 through the collection of PFE fees paid at time of obtaining building permits.”

City of Lincoln, the agency that levies it

“These costs are included in the Infrastructure Finance Plan as they will be paid for utilizing Public Facility Element fees collected from Village 1 building permits.”

“The reimbursement for Village 1 land owners for neighborhood park construction is projected to be approximately 37% of the Park Impact Fee found in the table above, or $1,547 per dwelling unit for VCE, VLDR, VMDR and $1,114 per dwelling unit for VHDR or VMU.”

“During Fiscal Year 2022-23, the Lincoln City Council adopted Resolution 2022-241 on October 25, 2022, which included a revised Public Facility Element Fee Program Nexus Study Report (August 15, 2022), as well as a phased in approach to update fees to the full amount identified in the Nexus Study Report. The phase-in plan included an increase equal to one-third of the full cost recovery amount identified in the Nexus Study Report, with an effective date of January 1, 2023.”