Land Use & Zoning
Exactions (or impact fees) imposed on a developer by a municipality are intended to:
APenalize developers for building without permits
BOffset the cost of public infrastructure needed to serve a new development✓ Correct
CGenerate revenue for the general municipal fund
DRequire developers to provide affordable housing in all new projects
Explanation
Exactions and impact fees require developers to pay for or contribute to public infrastructure (roads, schools, parks, utilities) that new development will necessitate. They must be roughly proportional to the development's impact.
Related Arkansas Land Use & Zoning Questions
- A conditional use permit (special use permit) allows:
- New Urbanism as a planning philosophy promotes:
- A setback requirement in zoning establishes:
- A buffer zone in land use planning is typically used to:
- Impact fees charged to developers are used to:
- Private deed restrictions (restrictive covenants) in a subdivision differ from zoning because they:
- Wetlands regulations in Arkansas and federally (Section 404 of the Clean Water Act) restrict:
- A taking without just compensation, caused by a regulation that deprives an owner of all economically beneficial use of their property, is known as:
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