Receive annual report on developer fees collected from new construction projects
In Plain English
State law requires cities to publicly report on fees collected from developers each year. These fees fund public improvements like parks, roads, fire stations, and police services needed because of new development. Richmond collected fees in 10 categories including traffic, parks, and public safety. The city must spend or commit these fees within 5 years of collection.
Auto-generated summary. Source: official agenda documents.
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