Wednesday, March 18, 2009

Marty's Impact Fee Wish

Mayor Marty Chavez wants to reduce impact fees for developers to help them through this tough economic downturn. Whether that is wise or not is debatable. However, I heard at lunch today it might actually cause some developers to be at a real disadvantage. Why? Because they already paid their impact fees on developments before the downturn and now they will have to compete against those who will not have to ante up.

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