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Lubbock city council taking it slow on impact fees

from Lubbock Avalanche-Journal

Lubbock city council taking it slow on impact fees Lubbock Avalanche-Journal Impact fees have been teed up as the next big decision to come from the Lubbock City Council. Impact fees are one-time fees the city would place on property developers, and the money would be used to help build the public infrastructure needed for the growth and development of the area. It's a common revenue stream utilized in larger cities across the state, so enacting impact fees would certify Lubbock's belief that growth will continue. Impact fees, which could ultimately become a disincentive to development, would show the city believes growth isn't funding itself. The city would be asking more from developers. READ MORE

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