Town of Cary
Home MenuPotential Transportation Development Fee (TDF) Increase
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 |