Developers: Water fee hikes will stymie residential growth in Wellington

WELLINGTON — Wellington town leaders adopted an aggressive new water fee schedule last week that effectively triples the price developers must pay to tap new homes into the water system. 

The decision to hike these fees — known as cash-in-lieu payments — has left local residential real estate developers questioning whether they can still profitably build homes in Wellington. 

“If this stands, we certainly won’t be developing residential in Wellington anymore,” FR Properties Ltd. president Devin Ferrey told BizWest. “… This for sure would finish us off for residential development in the town — 100%.”