Laserfiche WebLink
Landscaping <br />Preservation of existing vegetation within new developments is encouraged by provision of credit towards <br />required landscaping. <br />Green Building - LEED Certified Building incentives <br /> The City is exploring and beginning to implement incentives for green building projects, many of which <br />incorporate LID practices. Eligible projects will qualify for specific permit review times, priority for <br />inspections (no holdovers) and development consultation assistance. <br />C. Incentive Opportunities & Barriers <br />Opportunities to implement additional incentives to increase implementation of LID practices can be grouped into <br />three categories, financial, expedited permitting, and recognition. Specific opportunities and barriers are <br />discussed within each of these areas. <br /> Low & Medium Potential: Providing additional financial and expedited permitting incentives have <br />relatively low potential while providing additional marketing and recognition of LID has medium potential. <br /> Barriers: Scale of available costs offset by incentives, impacts on cost recovery, availability of funding for <br />subsidies, potential equity concerns, and limitations in degree of influence of incentives. <br />Financial <br />Financial incentives can affect construction costs and fees at the time of development or longer-term costs of <br />ownership an operation. Additional financial incentives could be developed within the following areas: <br /> Fee Reduction – In addition to the stormwater SDC/User fee reductions noted by local communities above, <br />some communities in Florida are providing a 50% permit fee reduction. Pasadena, CA provides a rebate from <br />the local water and electric provider for exceeding LEED certification standards. San Antonio, TX has <br />adopted an incentive scorecard system that authorizes waivers or reductions of certain development fees for <br />projects reaching specified scores from the score card. <br /> Reverse incentives through Additive Fees -- Arlington, VA charges an additional cost per square foot of floor <br />area for all non-LEED developments. These revenues are then used to fund Green Building <br />education/outreach. <br /> Grants – Some communities such as Santa Monica, CA, Seattle, WA, and Chicago, IL provide grant money to <br />achieve certain LEED qualifications or for the implantation of retrofit ecoroofs. <br /> Potentially Lower Project Costs – An Environmental Protection Agency (EPA) study of 17 developments <br />found that in most cases LID practices reduced project costs (compared with conventional development <br />costs) and enhanced environmental performance. See the EPA document in the LID Fact Sheets appendix. <br />Barriers to the effectiveness of financial incentives include the level of development costs able to be offset by <br />incentives, impacts on mandated cost recovery, availability of funding for subsidies, and equity concerns. <br />Development fees are often an initial target for financial incentives. While development fees can constitute an <br />appreciable percentage of overall development costs, a reduction or waiver of fees may not provide a financial <br />incentive of the magnitude required to effect a decision to choose aggressive implementation of LID. <br />Construction costs, market conditions, costs of financing, and other factors are likely to have a greater impact on <br />choices in the nature of a development project than the relatively modest financial incentives available through <br />development fees. <br />September, 2008 City of Eugene LID Report, Page 19 of <br />26 <br />