Smart Growth And Development Impact Fees

6 October 2004 - 12:00pm

Albuquerque, NM, considers development impact fees.

"Albuquerque is on the verge of making a monumental change in how it grows and who pays and when for the extensive public costs of that development.

Next week, the City Council will consider an ordinance to establish a development impact fee assessment, which aims to collect some of the true costs to taxpayers of housing and commercial development in advance of construction."

Source: KnowledgePlex, October 2, 2004
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