Lower Merion to Consider Stormwater Impact Fee
Lower Merion Township commissioners approved a $141,000 contract with Arcadis U.S. Inc. to conduct a stormwater feasibility study. The study will look at how the township could develop what it described as a "fair and equitable method of establishing and implementing a stormwater impact fee to fund the township's stormwater management program." A second phase of the study is also expected to include helping the township to implement the potential stormwater impact fee. The fee could be used to fund capital stormwater projects, or it could be used to support both capital and maintenance. Municipalities across the state have been implementing stormwater impact fees to deal with mandated stormwater projects. Some in this area include Philadelphia, Radnor, and West Chester, with Norristown considering one soon. Source: Main Line Media News; 7/12/2021
For more news items from the Suburban REALTORS® Alliance,
click here to access their Weekly News Briefs.