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Board adopts transportation cash-in-lieu policy after developer concerns about nexus and transparency
Summary
After testimony from developers and firms, the Board approved policy B-36 on cash-in-lieu use for transportation projects, with supervisors agreeing to refine administrative oversight and accounting steps later.
The Riverside County Board of Supervisors on April 2 approved a new Board policy (B-36) governing use of cash-in-lieu funds for transportation improvements after public comment from developers and a lengthy supervisor exchange.
Ben Brown of Allen Matkins, representing Lansing Companies (developer for Stone Creek and Eucalyptus projects), told the board the draft policy was too permissive and could…
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