State and local (city, county, township, & tribe) transportation professionals are invited to a Value Capture Strategies: Developer Contribution Virtual Peer Exchanges via web conferencing system on Thursday, June 18, 2020, from 1:00 PM to 3:00 PM ET. The program will feature peer experts from leading state and local authorities sharing their Developer Impact Fees program including the processes, requirements, accounting & administration, and much more. Participants have an opportunity interact with peer experts to gain an in-depth understanding the benefits and applicability of Developer Impact Fees and Negotiated Exactions.
Developer Contributions can help the local authority recover a portion of the cost of roadway network and infrastructure services that is needed to accommodate population and employment growth resulted from the new development. Developer Contributions are public-private partnerships sharing infrastructure services costs resulting from new development including a variety of mechanisms by which developers can contribute directly to the provision of infrastructure and community facilities, including Development impact and Negotiated Development Contributions. The reduced availability of funds for expansion of the local road network has hindered many locals from upgrading infrastructure to meet increasing travel demand resulting from new growth. Without developer contribution, new growth, vitality and levels of service would be seriously safety compromised.
TARGET AUDIENCE: Metropolitan and Rural Planning/Programming Organization, States, Cities, Counties, Townships, and Tribal Transportation Professionals, decision maker, Anyone involved in development or administration of the Value Capture Program Elements.