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As a person who uses public parks on an almost daily basis, I am in favor of increasing the size and number of parks. I truly believe it is incumbent upon us to ensure future generations will have green space and park lands to enjoy. That said, as someone who has been in multifamily development, a 64% increase in impact fees is a death knell of future multifamily development. If Carmel thought they had a lack of affordable housing before, they can think again. Frankly, an increase of this magnitude seems almost designed to mask a subtle (or not so subtle) effort to keep apartment residents out of their fair city.
This is so typical of Carmel.
Silly me. I always thought new dwellings created property taxes, which paid for parks and recreation. By the way, who does Carmel think will end up paying this new impact fee? It will be the new property owners, who will get double-dinged with this added cost of building plus their property taxes. What an ill-conceived and short sighted view.
Smith F – you took the words right out of my mouth.
Plus, if Carmel is looking for funds, why don’t we use some of the associated “art” roundabout display costs and transfer the money to parks and recreation. Some of the latest “art” displays for our roundabouts have been in poor taste and poor use of public funds…leave a lot to be desired.