In order to stimulate economic development within the City of Stockton, the City Council adopted a fee deferral program for commercial and industrial buildings. Rather than paying "development fees" at the time a building permit is issued, the developer of a qualified nonresidential project may elect to defer a portion of those fees.
"Development Fees" (Public Facilities Fees) that may qualify for deferral under this payment option include: |
- City Office Space
- Fire Stations
- Libraries
- Police Station Expansion
- Street Improvements
- Traffic Signal
- Sewer Connection
- Water Connection (City of Stockton service area only)
|
| The interest rate for all programs is the Federal Home Loan Bank Board's 11th District Cost of Funds July rate, plus one percentage point. For all programs, a deed of trust or other acceptable security equal or greater than the value of the deferral is required. |
| Enterprise Zone Programs |
Projects must be located within the Stockton/San Joaquin Enterprise Zone and the City of Stockton.
Five-year Program
To be eligible for this program, the total qualified Public Facilities Fees must be $20,000 or greater. |
- Down Payment - 20% of qualifying fees, plus all other fees due at time of permit issuance.
- Payment Schedule - Five equal annual installments, plus interest calculated on the unpaid principal (first year's interest is waived).
|
Ten-year Program
To be eligible for this program, the total qualified Public Facilities Fees must be $20,000 or greater. |
- Down Payment - 10% of qualifying fees, plus all other fees due at time of permit issuance.
- Payment Schedule - Ten equal annual installments, plus interest calculated on the unpaid principal. (Water and sewer connection fees must be paid over five years.)
|
| Citywide Programs |
Projects may be located anywhere within the city limits.
Five-year Program
To be eligible for this program, the total qualified Public Facilities Fees must be $20,000, but less than $100,000. |
- Down Payment - $10,000 of qualifying fees, plus all other fees due at time of permit issuance.
- Payment Schedule - Five equal annual installments, plus interest calculated on the unpaid principal.
|
| How to Apply |
| The following items will be required when applying for the City of Stockton's Fee Deferral Program: |
- A completed and signed application
- A current preliminary Title Report (including a legal description of the property).
- An Impact Fee Worksheet (available from the City of Stockton's Community Development Department, Building Division - Permit Center)
- A brief description of the nonresidential project.
|
| To obtain
a copy of the application, send us an e-mail
or phone (209) 937-8530. |
Stockton,
CA 
Property Search
built in Stockton