By J. Graber | Scottsdale Progress
Does development pay for itself was the question of the hour at last week’s Scottsdale City Council meeting.
A discussion on whether or not all of downtown should be called Old Town quickly turned into a debate about the sustainability of development in all of Scottsdale.
Councilwomen Linda Milhaven and Tammy Caputi claimed development does pay for itself in the form of property and sales taxes as well as impact fees that developers are required to pay when building new projects.
Scottsdale Planning, Economic Development and Tourism Director Randy Grant noted developers are required to upgrade infrastructure if they propose projects the current infrastructure can’t sustain.
And Caputi said Scottsdale needs more housing to attract the commercial properties that fill the city coffers with sales and property taxes.