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2007 SESSION

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HB 1668 Impact fees; Transportation Board to assess and impose on new developments in Loudoun County.

Introduced by: Robert G. Marshall | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Impact fees in Loudoun County.  Provides that the Commonwealth Transportation Board shall assess and impose reasonable impact fees, to be collected by the Virginia Department of Transportation, on new development or new subdivisions that abut, are adjacent to, or are alongside U.S. Route 50 in Loudoun County between U.S. Route 15 and the Fairfax County line. Such impact fees shall be used to pay all or part of the cost of reasonable road improvements that are (i) attributable in substantial part to the new development or new subdivision and (ii) necessary to render such portion of U.S. Route 50 operable at the Level of Service, as that term is described in the Highway Capacity Manual that existed as of January 1, 2007.


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