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Reader sugests annual “impact fees” for every unit above the usual permitted density

CBD high density housing

Does The garage allows developers to count the parking spaces there as required parking for the new developments? Since we are screwed by former council approvals the only way to cover the added costs of these new units is to charge ongoing annual “impact fees” for every unit above the usual permitted density. If 50 units are built where 25 is the usual permissible then the additional should bee charged for each bedroom multiplied by the cost of annual student expenditure . So if It costs $20,000 per year per student in the BOE budget,, and a unit has 2 bedrooms,then an annual impact fee of $40,0000 plus assessed real estate taxes. So 25 extra units have 50 extra bedroom require $1,000,0000 annual fees to the village.

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