BROWNSVILLE, TEXAS - Land developer Dennis Sanchez spoke about the City of Brownsville’s proposed Capital Recovery Fee program at a public hearing held at city hall on Jan. 16.
The plan is to impose a one-time charge on developers as they begin new projects. The fees raised would go towards roadway improvements. Certain exemptions are being built into the program, such as affordable housing projects and extensions to legacy businesses, which are defined as those based in Brownsville for a minimum of five years.
Sanchez was the developer behind the 1,300-acre Madeira upscale, master-planned community. Here is an audio recording of what he said:
Editor's Note: This is the first of a four-part series on the City of Brownsville's public hearing on the proposed Capital Recovery Fee program.
