Tuesday, March 11, 2008

Fort Worth May Back Down from Planned Fees for Developers

"A consensus is building among land developers and city staffers that would scale back the proposed road impact fees on new construction in Fort Worth.

New homes in most of Fort Worth would see an impact fee of $1,500 under the proposal, with lower fees in two regions of town and no fee in most neighborhoods inside Loop 820. Under the original proposal, the area inside Loop 820 would have been largely exempt, but the fees in other areas would have ranged from a few hundred dollars to a maximum of $6,102."

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