Triangle Development Fees Update

Town of Cary
On April 1, 2008 Cary Town Council voted to increase Sewer Development fees by 31% and to increase Water Development Fees by 7%, effective July 1, 2008. The Council decided not to increase the Transportation Development Fees.

There may also be a new Parks & Recreation fee being considered for new multifamily dwellings in Cary. The Parks & Recreation Department is currently working with a consultant and may come forward with a recommendation for the basis of such a fee to Council as early as May 2008.

Click HERE for the Town of Cary’s press release.

City of Raleigh
The Raleigh Planning Commission is still considering the Text Change proposing a significant increase to Transportation and Open Space fees after last year’s 72% increase to fees.

Click HERE to see what increases are proposed for Transportation Fees, which are more than double in a lot of cases.

City of Durham
In March the Durham City Council voted to approve an increase to Transportation and Parks and Open Space Development fees for 2008-2009, but postponed discussion of any increase for 2009-2010.

The fees vary by land use and geography, but the approval will result in increases to the transportation fees in southern and downtown areas of about 24% and 30%, respectively. Click HERE to see the approved transportation fees effective July 1, 2008.

The combined parks construction and open space fees will increase by about 44% for single-family homes and by about 111% for multifamily units.

For more information or contact Mike Munn at munn@johnrmcadams.com or 919-361-5000.