Impact Fee

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Impact fee
An impact fee is a fee most commonly assessed on the construction of new buildings within a jurisdiction. The purpose is to pay for expansion of new government buildings such as fire stations, police stations, sewer and water supply systems, schools, parks, libraries, and other government agencies and services.
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Raynet Business | Marketing DictionaryDownload this dictionary
Impact Fee
costs imposed on shopping center developers by communities.

Copyright © 2001, Ray Wright

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