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When will the developer pay an impact fee?

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  • 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://128.118.178.162/eps/pe/papers/9810/9810004.doc.gz
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    Bibliographic 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://128.118.178.162

    Related research

    Keywords: impact fees; infrastructure;

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    1. Robert W. Helsley & William C. Strange, 1997. "Limited Developers," Canadian Journal of Economics, Canadian Economics Association, vol. 30(2), pages 329-48, May.
    2. Leon Taylor, 1998. "Land-use agreements when the developer is not sure of infrastructure costs," Public Economics 9810005, EconWPA, revised 24 Oct 1998.
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