Saturday, February 16, 2008

Connecticut Responsible Growth Task Force recommends CBA legislation

The report of the Connecticut Responsible Growth Task Force, released on Feb. 4, 2008, recommends that the state adopt legislation authorizing CBAs. The report states:

The Task Force recommends that state statutes be amended to authorize
municipalities to utilize Community Benefit Agreements for projects that are consistent with Responsible Growth principles. These agreements would be between the developer and the municipality and could address such things as: off-site developments or improvements; impact fees; Tax Increment Financing (TIF); and Transfer of Development Rights (TDR) or Transfer of Development Credits (TDC), as well as other items of local concern.

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