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When will the developer pay an impact fee?

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Author Info
Leon Taylor (Dillard University)

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Abstract

Under court rulings, the jurisdiction can require the developer to bear only those public-sector costs that relate reasonably to his project. To avoid a lawsuit by the developer over cost estimates, planners can offer him his choice of sets of conditions that would attach to land-use permits. The developer will choose to pay an impact fee unless he does not value infrastructure and unless he expects more accurate information later about the development costs generated by his project.

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File URL: http://129.3.20.41/eps/pe/papers/9810/9810004.doc.gz
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Publisher Info
Paper provided by EconWPA in its series Public Economics with number 9810004.

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Date of creation: 15 Oct 1998
Date of revision: 19 Apr 2003
Handle: RePEc:wpa:wuwppe:9810004

Note: Type of Document - LaTex; prepared on IBM PC ; to print on HP;
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Web page: http://129.3.20.41

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Related research
Keywords: impact fees; infrastructure;

Find related papers by JEL classification:
R52 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Land Use and Other Regulations

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Robert W. Helsley & William C. Strange, 1997. "Limited Developers," Canadian Journal of Economics, Canadian Economics Association, vol. 30(2), pages 329-48, May. [Downloadable!] (restricted)
  2. Leon Taylor, 1998. "Land-use agreements when the developer is not sure of infrastructure costs," Public Economics 9810005, EconWPA, revised 24 Oct 1998. [Downloadable!]
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This page was last updated on 2009-12-10.

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