Potential Transportation Development Fee (TDF) Increase

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Town Council Public Comment Period – January 10, 2013

The Cary Town Council will meet in regular session on January 10, 2013 at 6:30 p.m. in Town Hall Council Chambers to conduct a public comment period on the following item. All interested parties may appear at the meeting and speak on the matter. For more information, contact the Town of Cary Engineering Department, (919) 469‑4030, or visit www.townofcary.org.

Public Comment: Potential Transportation Development Fee (TDF) Increase

Council will hear from the public on the issue of increasing the current transportation development fee amounts, shown below, by 9.32%. The current fees have been in place since July 1, 2008.

The Town of Cary charges transportation development fees for properties developing within the Town or its extraterritorial jurisdiction. Transportation development fees are levied at the time of permit issuance in order to help address the costs associated with the transportation infrastructure needs of new development. These fees vary based on residential, multi-family and commercial development type and size.

For more details related to the Town’s transportation development fees, see section 7.11 of the Town of Cary’s Land Development Ordinance.

Land Use Type

Unit

Central Zone Base Zone

Single-Family Detached

Dwelling

$715 $1,243

Single-Family Attached (Town Homes)

Dwelling

$439 $762

Multi-Family (Apartments & Condos)

Dwelling

$439 $762

Congregate Care Facility

Dwelling

$120 $209

Hotel/Motel

Room

$382 $664

Retail/Commercial




Gen Retail - Up to 1 million sq. ft.

1,000 sq. ft.

$771 $1,341

Gen Retail - 1 million sq. ft. +

1,000 sq. ft.

$762 $1,326

ATM (stand-alone)

Each

$991 $1,723

Bank

1,000 sq. ft.

$1,583 $2,752

Restaurant, Fast Food

1,000 sq. ft.

$1,599 $2,780

Restaurant, Sit-Down

1,000 sq. ft.

$1,285 $2,233

Office/Institutional




Office, General

1,000 sq. ft.

$1,054 $1,833

Hospital

1,000 sq. ft.

$520 $904

Library

1,000 sq. ft.

$470 $818

Nursing Home

1,000 sq. ft.

$204 $354

Parking Lot, Commercial

Parking Space

$212 $369

Church, Worship Center

1,000 sq. ft.

$328 $569

Day Care Center

1,000 sq. ft.

$841 $1,461

Industrial




Industrial Park

1,000 sq. ft.

$651 $1,131

Warehouse

1,000 sq. ft.

$361 $627

Mini-Warehouse

1,000 sq. ft.

$184 $319

Recreational




Golf Course

Hole

$1,599 $2,780

Park/General Recreation

Acre

$35 $62

Recreational/Swim Center

1,000 sq. ft.

$1,023 $1,778

Tennis Court

Court

$2,265 $3,936

LINKS

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