Laserfiche WebLink
BOOK FO 8 FADE 9.81 <br />Director Davis wished to concentrate on 5 major points: <br />1) Definition of Traffic Impact Fee -- a fee used by local <br />government and charged to new development only. It is used to <br />generate revenues for funding of capital projects necessitated by <br />the new development that occurs in the community. <br />2) Use of Traffic Impact Fees -- There are 3 tests that have to <br />be met in order to use traffic impact fees for a particular <br />project: <br />A) New development must demand the new capital project. <br />For instance, if a new development comes in that adds <br />enough traffic to necessitate the widening of CR -512, <br />the impact fees can be used for that improvement. The <br />fees cannot be used for maintenance or resurfacing an <br />existing street. <br />B) There needs to be a connection between the new <br />development and the capital facility that is being built <br />with the money. That new development must demand that <br />the road be widened. <br />C) The benefit must accrue to the new development. In <br />other words, that road widening project must benefit the <br />new development, whether it is a single-family house or <br />a commercial development. <br />3) Alternatives to Impact Fees -- <br />A) Increase gas taxes, but, unfortunately, the County <br />doesn't have total control over gas taxes. Basically, <br />the State dictates how much we can charge. At present <br />the County has the ability to levy 7 cents a gallon, but <br />is charging only 6 cents a gallon, so that alternative <br />is almost exhausted. <br />4 <br />M <br />