110% Inc. Selected for Park Impact Fee Study

At its April 25 meeting, the City Council approved a contract with 110% Inc. for a Park Impact Fee Study. The scope of work includes consultant fees and reimbursable expenses to conduct a study and develop an ordinance to define the application and use of Park Impact Fees. A component of the study will include forming an advisory committee. Staff will solicit volunteers for this committee and bring a Council Agenda item forward at a later date to appoint the advisory committee.

The Parks Recreation and Open Space (PROS) Plan adopted by Council in April 2019 identifies future funding strategies to help address long-term sustainability for Addison Parks. The plan recommends the Town analyze the incorporation of park impact fees related to parkland dedication, fee-in-lieu of alternative land requirements and park development fees to address redevelopment and growth in Addison. 

You can watch Council's Park Impact Fee Study discussion here.