Newtown News of Interest
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October 27, 2018 8:51 AM!

$1.6 Million Available for Traffic Improvements BUT It Can't Be Spent!

$1.6 Million Available for Traffic Improvements BUT It Can't Be Spent! | Newtown News of Interest |

Whenever new residential or business developments are proposed for Newtown, the impact on traffic is a major concern of residents (read, for example, “Newtown Board of Supervisors Shoots Down Drive-thru Starbucks” and “Super Wawa Survey Comments” and “Arcadia Green Development Hearings”).

In order to mitigate these concerns, the township collects traffic impact fees from developers to make capital improvements to accommodate traffic generated by new development. Eligible improvements include adjustments to existing traffic signals, new traffic signals, auxiliary turn lanes, etc.

Currently, Newtown has accumulated approximately $1.6 million in traffic impact fees but is unable to use those funds because it lacks an updated capital improvements plan, which is necessary for the use of those funds.

So, how can these funds be unleashed? Find out here...

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Newtown News of Interest
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