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News Story
Updated: 07/15/2012 08:02:31AM

Extending moratorium won’t help

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We’ve never been big fans of temporary suspensions of impact fees, mainly because there is scant evidence the policy lives up to its billing as a development incentive. The broad nature of the moratoriums also removes a potential economic development tool from the county’s toolbox if it wanted to sweeten an incentive package for a particular industry or business.

The Polk County Commission recently extended the moratorium on impact fees for another 18 months.

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