Infrastructure and Environment
An impact fee is a charge which a developer must pay to local government, in order to raise money for capital improvements to roads, libraries, and other services upon which the new land development places a burden. This prevents existing residents from being forced to pay in taxes, in addition to already having to put-up with the traffic, noise, and environmental damage of the new development.
Read more about this topic: Fee
Famous quotes containing the word environment:
“Today the young actors regard their environment with rage and disgust. They regard their Master not as disciples regard their Master, but as slaves regard their Master.”
—Judith Malina (b. 1926)
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