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Edgewood advisory panel weighs traffic impact fee changes to attract small businesses
Summary
City advisory board discussed Edgewood's $11,500-per-PM-peak-trip traffic impact fee, possible targeted reductions for desirable commercial uses and credit mechanisms tied to developer-built improvements.
The Economic Development Advisory Panel discussed Edgewood’s traffic impact fees and options to reduce or target them to encourage retail and restaurant development.
Panel members and staff focused on the city’s current per-trip charge — cited in meeting materials as about $11,500 per PM peak-hour trip in 2024 — and how that rate compares with nearby jurisdictions. Morgan, a staff member, said the fee is calculated by dividing the cost of planned transportation projects by projected new trips over a 20-year horizon and that the calculation uses Institute of Transportation Engineers trip-generation data.
“The purpose of the fee is for the initial construction and increase in capacity. We cannot use impact fees for ongoing maintenance or operations of…
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