Impact Fee Advisory Board Of The City Of Truth Or Consequences Special Meeting
The board discussed the current status of the Impact Fee Study and decided against commissioning further engineering studies, opting instead to utilize existing data. Staff provided updates regarding land use plans and the Capital Improvements Plan. The board also deliberated on the appropriate use of accumulated impact fee funds, specifically approving the allocation of existing fees toward water system capacity expansions and necessary sewer line infrastructure improvements to support new residential developments.