impact fees

impact fees

Fees imposed by local government on new construction projects in order to compensate the government for the increased costs of delivering services. Impact fees can sometimes be extremely high,having the result of chilling development.

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There is also more than 120,000 square feet of retail planned for the project, all subject to Kane County impact fees. It will take 20 years to build.
The consultant shall provide the necessary findings to help the City determine the development impact fees based on the proposed infrastructure requirements to support the Citys General Plan growth projections.
Impact fees have long been an option that local governments consider when planning for how they will pay for infrastructure needs and their capital facilities plans, as required by Washington State's Growth Management Act.
Local governments are allowed by state law to charge impact fees for transportation, parks and schools.
But the real estate industry has pushed back, arguing that the higher water impact fees force developers to shift the added costs to home buyers, or to take their business elsewhere.
A recurring issue in the case law is the extent to which the Nollan/Dolan framework applies to takings challenges brought against development impact fees. Judicial decisions on the issue split over two primary questions.
and creates a "preponderance of the evidence" standard of review for challenges to impact fees. The language places the burden on the government to prove by a preponderance of the evidence that the imposition or amount of the impact fee meets the requirements of state legal precedent or the statute governing impact fees.
The city of Laconia is considering imposing impact fees on to developers.
But the one thing that hasn't changed significantly is the cost of a residential building permit--and the associated impact fees. Before breaking ground on any new home, the builder must first clear the plans with the city to make sure that the house meets current building standards and zoning laws.
However, over the past 40 years, local governments have increasingly turned to private revenue sources by imposing impact fees and exactions on new development.
The cost of doing business in Fayetteville could be going up thanks to road impact fees and it's no surprise local developers have lined up against the idea.
The report also includes specific ways that apartment industry leaders can become involved in the decision-making processes to ensure that impact fees are assessed fairly.