Assertion: impact fee | /r/HasProperty | charge
Facets:
value: on new development
type: LOCATION
Source sentences:
text: An impact fee is a charge which a developer must pay to local government, in order to raise money for capital improvements to roads, libraries, and other services upon which the new land development places a burden.
text: Impact fees are considered to be a charge on new development to help fund and pay for the construction or needed expansion of offsite capital improvements.