Ted Hennessey Quoted by Business North Carolina

A recent Business North Carolina blog post cited an article by Ted Hennessey explaining a court’s decision to invalidate impact fees charged to developers by local municipalities. “The court implied that while the town may be able to set water and sewer rates, charged to all system users, to generate revenue for system expansion, it could not shift expansion costs to builders and developers via impact fees to be paid in exchange for building permits,” Hennessey said.

Read Hennessey’s article here.