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The Colony sets roadway impact fee at 90% of maximum, drainage at 100% after public hearing
Summary
After a consultant presentation, the City Council voted to set roadway impact-fee collection at 90% of the calculated maximum and drainage at 100%, citing construction-cost increases, completed drainage projects and 10-year growth estimates.
The Colony City Council voted to set the roadway impact-fee collection rate at 90% of the calculated maximum and the drainage fee at 100% following a consultant presentation and public hearing.
Consultants from Kimberly Horn/Horner and Associates told the council the update uses 10-year growth assumptions, the city’s adopted thoroughfare plan and a capital improvements plan to calculate maximum fees. Lead presenter Mason Schofe said the roadway maximum rose from $236 per vehicle-mile in 2016 to $1,052 this year, largely because construction costs “have gone up tremendously.” He noted the firm projects…
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