Research Triangle Park - Local Government

Local Government

The park is an unincorporated area, and state law prohibits municipalities from annexing areas within the park. Some local government functions are served by the Durham-Wake Counties Research and Production Service District, a special tax district created in 1986 that is conterminous with the park, wherein the property tax rate is limited to 10 cents per $100 valuation. The park has special zoning as a Research Applications District in the Wake County portion, and a Scientific Research Park in the Durham County portion. As of October 2012, both zoning areas are in the process of being revised to allow higher density development. The zoning changes are coupled with legislative changes allowing for Urban Research Service Districts (URSD) within the Park, which can include a mix of retail and residential usages. These newly permitted URSDs could levy taxes at the same rate as a neighboring city.

Read more about this topic:  Research Triangle Park

Famous quotes containing the words local and/or government:

    Surely there must be some way to find a husband or, for that matter, merely an escort, without sacrificing one’s privacy, self-respect, and interior decorating scheme. For example, men could be imported from the developing countries, many parts of which are suffering from a man excess, at least in relation to local food supply.
    Barbara Ehrenreich (b. 1941)

    If government knew how, I should like to see it check, not multiply, the population. When it reaches its true law of action, every man that is born will be hailed as essential.
    Ralph Waldo Emerson (1803–1882)