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Town Council Reviews Impact Fee Regulations and Property Auction Process

October 02, 2025 | Hooksett, Merrimack County , New Hampshire


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Town Council Reviews Impact Fee Regulations and Property Auction Process
The Hooksett Budget Committee meeting on October 2, 2025, spotlighted the urgent need to update the town's impact fees, a crucial financial mechanism tied to local growth and infrastructure. Committee members emphasized that the last comprehensive review of these fees occurred in 2005, making it imperative to reassess how they are applied, especially in light of recent changes in state law.

A key discussion point revolved around the necessity of separating traffic and roadway updates from new growth projections. Committee members highlighted the importance of accurately inventorying the town's roadway systems and addressing capacity issues at intersections. This data will be essential for recalibrating impact fees to reflect current and future needs.

The conversation also touched on the potential for using impact fees to fund improvements beyond new construction, such as essential maintenance for HVAC systems and roofs in schools. This broader interpretation of impact fee usage could allow the town to address pressing infrastructure needs without solely relying on new building projects.

Legal counsel is actively involved in ensuring that all expenditures align with updated regulations, providing reassurance to developers that their contributions are being utilized appropriately. The committee underscored the importance of transparency, noting that any unused funds after six years must be returned with interest.

As Hooksett prepares for future growth, the committee's commitment to revising impact fees and improving infrastructure reflects a proactive approach to community planning and development. The next steps will involve collaboration with legal advisors and ongoing discussions to ensure that the town's financial strategies align with its evolving needs.

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Scribe from Workplace AI
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