Looking to spur new home construction in an otherwise desert-like real estate economy, Manteno officials are temporarily suspending the bulk of the village's building fees for the next year, a move that could save prospective homeowners up to $12,000 in one-time fees.
The village board Monday unanimously voted to place a one-year moratorium on nearly all building fees -- with the exception of the $600 fee for electrical and plumbing inspections -- which vary depending on size and location of the prospective new home. Village officials estimate the savings between $6,000 and $12,000.
"This is designed to promote the construction of new homes by making them more affordable to build," said village trustee Todd Crockett, who heads the planning and zoning committee. "Currently the village has over 325 buildable lots sitting empty."... as reported in the February 7th edition of the Daily Journal, visit http://www.daily-journal.com