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Are any credits applied to MPS fees?

April 26, 2017applied Credits fees MPs

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Are any credits applied to MPS fees?

1 Answer

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Yes, all MPS fees are reduced to reflect a two percent (2%) property tax credit and a fifteen percent (15%) credit in recognition that some of the trips from a proposed development may begin in a development subject to MPS fees and may end in another development also subject to MPS fees. Other types of credits include a change in use resulting in an actual reduction of vehicle trips generated by the proposal. Credit is also given to developers for the value of any land dedicated to specific impacted MPS road projects or when MPS road project improvements are paid for by the developer.