Traffic upgrades in Ridgewood may come from developers’ pockets
Monday March 25, 2013, 10:36 AM
BY DARIUS AMOS
The Ridgewood News
A comprehensive, village-wide traffic analysis will eventually be required to establish an all-encompassing transportation improvement district (TID) in Ridgewood, but until then, the Planning Board can move forward with a smaller scale study to jumpstart the process.
Under a proposed transportation improvement district, developers will contribute to a fund to pay for future traffic improvements, which can include installation of new traffic signals, signs and sidewalks.
Traffic consultant John Jahr this week offered an overview of the benefits that a TID can bring to any given municipality and briefly detailed a course of action that the village can follow if it chooses to proceed in that direction.
A TID is generally described as a method of collecting money from a private developer to offset the strain that the development will have on local infrastructure, particularly streets. The funding collected is typically banked in an account until needed to pay for traffic and other road improvements in the area.