In a unanimous vote by Coral Gables Commissioners, the University of Miami has been added to the impact-fee ordinance that was passed in 2007.
Due to the planned expansion of the school, UM has been included in Coral Gables' program to mitigate traffic issues and increase cost of providing service due to growth.
According to Miami Herald's article, University of Miami to start paying Gables for increased burden, the City of Coral Gables had tied up UM's campus area development plan for two years while it tried to negotiate an agreement that would give UM more leeway to build in its inner core and provide the city with an impact fee to reduce the institution's impact on adjacent neighborhoods.The article also stated that the University of Miami will have to start paying to fund road and infrastructure improvements, once the plan has been approved.
Monday, November 24, 2008
City of Coral Gables Agrees on the University of Miami to Pay Impact Fees
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment