December 4 - Land Use

Exactions

Speaker will provide the economic theory of exactions (differentiating between mitigating negative externalities such as road widening and rewarding positive externalities such as property tax abatement as a form of "reverse" exactions), introduce the concepts of “planning harm” (a new term but one which leads to exactions as a way to reduce/prevent harm from planning decisions) and “planning gain” (such as when new development uses its value added to pay for infrastructure and when a new development agrees to share profits with local government). But most of the conversation will address mitigation-driven exactions:

Classes/Types of exactions
Monetary including fees or in-kind
Design
Environmental
Social
Cultural/historical

Exaction Processes/Procedures
Differentiating between mandatory and proffer contexts
Negotiation
Performance based

Speakers: Dan Mandelker & Aurthur C. Nelson