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Rio Rancho Moves Toward Impact Fees for New Development
Rio Rancho plans to implement Impact Fees starting July 1995 under New Mexico’s Development Fees Act. The fees will fund long life city facilities like water, roads, and police buildings, while exemptions exclude existing structures and operating costs. AMREP and other builders will be affected as fees apply to all new construction, altering prior negotiated development agreements. Municipal leaders seek amendments to allow funds for libraries and schools.
MENTIONED IN THIS ARTICLE
Jay P. Thuringer
New Mexico
Rio Rancho
Amrep Southwest
James Duncan
Duncan
AMREP
Richard Williams
Duncan and Associates
Mary Clare Minor
New Mexico Municipal League
Anita Miller
Attornney