Newtown News of Interest
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Scooped by johnmacknewtown
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October 27, 2018 8:51 AM
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$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 | Scoop.it

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
These Scoops are excerpts from articles published in local newspapers and other sources that may be of interest to Newtown area residents. Please click on the "From" link to access the full original article. Any opinions and "insights" appended to these article summaries are solely those of John Mack and do not represent the opinions of any other person or entity.
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