08-25-1994 - Laserfiche WebLink

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1 r nu ; nr Esu : L Introduction 1111 Much discussion and debate continue to take place among local offi- cials regarding the advantages and disadvantages co a munici- pality of different types of land uses such as residential , commercial and industrial developments . This is especially true in view of the claims made by many developers and land- owners that their proposed developments will increase the tax base of the community and therefore , will result in an economic tax benefit to the community . While most private developments will indeed result in an increase in the tax base of a commun- ity , this needs to be balanced against the cost of the public services required by that development before one can make the claim that a particular development will result in the gener- ation of revenues in excess of service costs . Furthermore , what is perceived as an economic benefit by one individual , one group or one community may not be considered beneficial by another person , group or city . There are a variety of potential analytical tools and studies as well as adopted policies and plans which local officials might want to consider in evaluating a particular development proposal . the availability of these studies and documents with which to evaluate development proposals differs from commun- ity to community depending upon a number of factors . The fol- lowing is a partial list of some .factors and studies which a local community could Consider in determining the advantages • and disadvantages of a particular development proposal . ? . Economic - Fiscal Impact Analysis - Marketing Study 2 . Environmental - Environmental Assessment 3 . Social - Housing Stock Analysis - Public Safety Impact 4 . Planning and Management - Comprehensive Plan Compliance Land Use Plan Public Facilities Plan Thoroughfare Plan Park and Open Space Plan Capital Improvements - Regulatory Devices like : Zoning Ordinance Subdivision Regulations 1111 Housing Code Building Code —5