Removing Economic Roadblocks

Funding and constructing public facilities in excess of what the developer's project required (i.e. highway interchanges, regional drainage facilities, regional water crossings, etc.);
Agreeing to construct impact fee eligible public improvements and also paying the full impact fee rather than receiving an impact fee credit;


All of these requirements which the jurisdictions placed upon the development community had one common thread; they drove up the cost of development which in turn increased home prices subject to market acceptance. While the residential market was expanding, developers could rationalize these added costs as they believed that home prices would continue to increase. As such, they agreed to these types of terms as part of their development agreements with the jurisdiction.

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