Quote:
Originally Posted by Classic55
Simply put our Commissioners pass legislation that places a $1,000 impact fee per month per apartment on any apartments built on the Hacienda County Club site. Those impact fees distributed to owners in the Hacienda Village to make up for loss in property value due to the taking of value of property due to the loss of that community facility.
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And if the property values go up, then the owners in Hacienda Village pay into a fund that goes to the developer of the apartments?