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Posted inLocal Government

Explainer: Fort Worth will need $3.15 billion to pay for new development. Here’s how the city could get that

When residential developers come to town, neighbors foot about 76% of the cost for new roads. That could change by 2023.  Impact fees are a way for cities to have growth pay for the cost of development. Fort Worth City Council has historically chosen to give developers a discount, creating a gap between the money […]