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Durham Impact Fees Go Up AND Down

Beginning July 1, impact fees, those paid by developers upon completion of new construction, will go up. Downtown Durham will see a 24 percent increase, southern Durham 30 percent, and northern Durham will see a 55 percent decrease. The Durham City Council voted on the fee revisions during its March 17 meeting, with a 4-3 vote. The fees will help pay for streets, parks and open space.

From: News and Observer 

 

0 commentsMari Trosclair • April 21 2008 10:06AM

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