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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Don't think that type of impact fee would pass muster with taxation laws.
However I do wonder about the bond.
All residential land is apportioned a cost of building that district's infrastructure. The Country Club was not in the district, but now it has been accepted into the district. Upon entry into the district will the apartment building be required to pay its fair share for the initial cost of building the infrastructure?
Seem to me they should, if not then the apartment building is getting a free ride at least in this respect.
I don't know whether they are or not, but I have seen no mention of it so I suspect its a free ride.