The Anne Arundel County Council voted to cut the capital facility connection charges by 30 percent — a move that results in a $125 million reduction over the next three years.
As reported on WBAL TV the historic cut applies to “fees charged to businesses and new homes to connect to public water and sewer to recover the cost of constructing water and sewer infrastructure such as pipes, water treatment plants, and pumping stations”:
[County Executive Steve] Schuh said the legislation, which the County Council passed by a 6 to 1 vote, also eliminates deferral and restocking fees, reduces interest rates, and allows testing for adequate public facilities at different stages of the development process.
“Lowering fees to help create jobs and expand our economy is my top priority,” Schuh said in a statement. “I want to thank Council Chairman Derek Fink for his leadership in leading the charge on the largest fee cut in county history. This fee cut will put $125 million back into the economy over the next three years.”
For more information read the full article on WBAL TV.