Capital Cmte sets parameters for impact fees
During its regular July 02, 2020 meeting, the Forney Capital Improvements Advisory Committee met to consider water/sewer fees, land use assumptions and 10-year growth.
- Discuss an update of the water and sewer impact fee system by discussing the schedule for study and methodology to be used in the update.
In summary: Mr. Richard Dormier briefed the commission on the history and proposed plan. They can calculate the new fee schedule with 3, 5 or 7 per cent growth rate. After much discussion, 5% was agreed upon as a conservative rate. The plan may be reviewed and modified at any time.
Land use assumptions were discussed, for the next 10 year period.
Mr. Dormier will produce a draft plan and bring it back to committee.
- Adjourned at 1837
Thursday, 2020, July 2