Open Space Impact Fees

Description: Impact fees equip a municipality with a mechanism to pay for future infrastructure, service and open/green space needs that grow as the local population expands. Impact fees work by requiring that private residential developments creating the need for the increased municipal services pay a fee that helps to cover the costs for that specific service expansion. The fees collected must be used to address the need created by the new residents moving into town.

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Source:
Beginning with Habitat

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