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Council debates who pays for fiscal-impact reviews and developer subsidy rules
Summary
Councilors questioned a policy requiring applicants to pay part of consultant fees for fiscal-impact reviews, discussed differences between small-business applicants and large developments, and received staff clarification about developer deposits and a $25,000 code threshold.
University City councilors spent substantial time on May 12 discussing how the city pays for fiscal-impact analyses used to evaluate subsidy requests and whether the current approach treats small businesses equitably compared with larger developments.
Council member Smotherson said developers of smaller projects are disadvantaged by a flat review fee: "There should be a distinction between these multimillion dollar developments opposed to a small business man because $2,000 makes a difference out of their pockets…
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