When will the developer pay an impact fee?

Leon Taylor
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Leon Taylor: Dillard University

Public Economics from University Library of Munich, Germany

Abstract: Under court rulings, the jurisdiction can require the developer to bear only those public-sector costs that relate reasonably to his project. To avoid a lawsuit by the developer over cost estimates, planners can offer him his choice of sets of conditions that would attach to land-use permits. The developer will choose to pay an impact fee unless he does not value infrastructure and unless he expects more accurate information later about the development costs generated by his project.

Keywords: impact fees; infrastructure (search for similar items in EconPapers)
JEL-codes: R52 (search for similar items in EconPapers)
Date: 1998-10-15, Revised 2003-04-19
New Economics Papers: this item is included in nep-env
Note: Type of Document - LaTex; prepared on IBM PC ; to print on HP;
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