Seattle council rejects move toward transportation impact fee on development
A transportation impact fee on commercial real estate development isn't coming to the streets this year, but could come up again for discussion in 2024.
The City Council on Tuesday narrowly rejected an ordinance that would have cleared the way for a transportation impact fee to build sidewalks and other infrastructure, which developers said would drive up the cost of housing.
The measure lost 5-4, with "no" votes by Sara Nelson, Andrew Lewis, Dan Strauss, Tammy Morales and Teresa Mosqueda.
The council has been wrestling for over a decade about whether developers should pay a one-time fee rather than have city property taxpayers continue to foot the bill.
https://www.bizjournals.com/seattle/news/2023/11/22/transportation-impact-fee-rejection-seattle.html