The board of directors unanimously approved a proposal to lower the impact fees from $1,727 to $150, lowering the total meter connection fee to $2,595.
In addition, the party who rejected the offer may lose their entitlement to certain attorneys' fees, compensable litigation costs and prejudgment interest.
These charges include fees for deposit wallets- which bring in the lion's share of fee income for this category- service charges and audit certificates.