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Belmont, North Carolina Impact Fees Water Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

Belmont, North Carolina is settling a class action against the city alleging it unlawfully charged water and sewer “impact fees” or “system development fees.” The complaint alleged it charged these fees in addition to regular fees as a condition of building a structure in the city, in order to put aside money for future development and projects. 

Docket Number:

17-CVS- 3924

Company: City of Belmont

Filing Deadline: September 17, 2019

Class Period: October 10, 2014 to June 30, 2018

Objection Deadline: April 20, 2019

Exclusion Deadline: April 20, 2019

Final Approval Hearing: May 20, 2019

Proof of Purchase:

Presumably city records will be used for verification.

Eligibility:

You may be eligible if, between October 10, 2014 and June 30, 2018, you paid impact fees or system development fees to the City of Belmont as a condition for building a structure in the planning jurisdiction of the city.

Typical Settlement Amount:

Amounts will be determined after all claims have been received. They will be taken from the settlement fund after attorneys’ fees and other expenses have been paid. Payout will be made in three stages: sixty days after the effective date of the settlement (10% of the fund); by October 31, 2019 (45%); and by December 31, 2019 (45%)/

Total Settlement Amount: $1,656,339

Class Representative Proposed Incentive Fee:

$8,000

Law Firm:
Whitfield Bryson & Mason

Claim Form: Belmont, North Carolina Impact Fees Water Settlement Claim Form

Case Name: Larry Shaheen vs. City of Belmont

Settlement Website: Belmont, North Carolina Impact Fees Water Settlement Website

Claims Administrator:
Angeion Group

Claims Administrator Contact Information:

Shaheen v. City of Belmont Settlement
1650 Arch Street, Suite 2210
Philadelphia, PA 19103
info@BelmontSettlement.com
1-844-336-1274

Tags: Government, Municipal Impact Charges or Charges Against Future Growth