BelRed Amenity Standards: Fee-in-Lieu Schedule

Issuance Fees

Amenity Type

2024 Adjusted Rate

per square foot bonus area

2025 Adjusted Rate

per square foot bonus area

Tier 1a Affordable Housing

Residential

$28.07$29.05

Tier 1a Affordable Housing

Nonresidential

$23.39$24.20

Tier 1b Parks and Streams

Park Dedication

$23.39$24.20

Tier 1b Parks and Streams

Park Improvements

$23.39$24.20

Tier 1b Parks and Streams

Trail Dedication and Easements

$23.39$24.20

Tier 1b Parks and Streams

Stream Restoration

$23.39$24.20
Tier 2 Affordable Housing$23.39$24.20
BelRed Proportional Compliance Threshold

 

$150,000

 

$242,042

 Value has not been administratively updated since 2009Value administratively adjusted to catch up with past inflation to be updated annually based on annual inflation going forward

 

Downtown Floor Area Ratio Amenity Standards: Fee-in-Lieu

Issuance Fees

Amenity Type

2024 

Adjusted Rate 

2025 

Adjusted Rate

Parks Downtown Public Open Space$37.35$38.65

 

Tree Replacement Fee-in-Lieu

Amenity Type2024 Rate2025 Adjusted Rate
Tree Replacement Fee In-Lieu-per tree credit$1,300.00$1,345.37