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HomeMy Public PortalAboutr 02:289No. 02-289 Date uf Adoplion Ju1.¥ 1.8.} 2002 URGINGTHE NEW JERSEY LEGISLATURE TO SUPPORT A-594 AND S- 556 TO ALLOW THE ASSESSMENT OF IMPACT FEES WHEREAS, new residential development can, and often does, force local officials to add or expand programs, to add or expand services, and to add or expand the infrastructure needed to support these programs and deliver those services; and WHEREAS, the costs associated with these additions or expansions routinely exceed the tax revenues which those new developments produce; and WHEREAS, studies of this phenomenon have demonstrated that for every $1.00 collected in taxes, new residential development costs between $1.04 and $1.67 for basic life-sustaining and life-enhancing local services; and WHEREAS, this results in tax rate increases, through which established residents subsidize the new development, while the developer takes from the community great financial benefits; and WHEREAS, the Municipal Land Use Law has been interpreted by the Courts to prevent local governments from recouping from developers a more equitable share of the costs which the developers' activities occasion; and WHEREAS, A-594 and S-556 have been introduced by Assemblyman Gusciora and Senators Bagger and Lance to correct this unfairness and to protect local tax payers from being forced to subsidize developers' profits and are worthy of passage. NOW, THEREFORE, BE IT RESOLVED that the Mayor and Council of the Borough of Carteret, County of Middlesex, and State of New Jersey, do hereby urge the New Jersey State Senate and General Assembly to enact A-594 and S-556 to authorize municipalities to enact impact fees. BE IT FURTHER RESOLVED that a copy of this Resolution be forwarded to Governor James E. McGreevy, Senate President Codey, Senate President Bennett, Assembly Speaker Sires, the Assembly Housing and Local Government Committee, the Senate Community and Urban Affairs Committee, Senator Joseph Vitale, Assemblywoman Arlene Friscia, and Assemblyman John Wisneiwski and the New Jersey State League of Municipalities. Axlopted this 18th day of July, 2002 and c~r~ifiod ~n a t~ copy of tho origirml ~ July 19, 2002. KA~}UFI~q M. { Municipal Cl~k RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. . PARISI X SANTORO X RIOS X SID~m X X - Iud{cate Vote AB - Ab$¢n! NV · Not Voting XOR * Indlc~t,-'~ Vote lo Ovcrn,le Adopted at a meeting of the Municipal Council C[.ERK