City of Fort Worth Community Facilities Agreement

The City of Fort Worth Community Facilities Agreement: What You Need to Know

If you live in the City of Fort Worth, you may have heard of the Community Facilities Agreement (CFA). This agreement is a critical part of the city`s planning process, and it is essential for understanding how new developments are funded and how they will impact the community.

What is the Community Facilities Agreement?

The Community Facilities Agreement is essentially a contract between the City of Fort Worth and a developer. This agreement outlines the developer`s responsibility for funding and constructing public facilities and infrastructure improvements that are necessary to accommodate the new development. These facilities include things like roads, water and sewer lines, and public parks.

Why is the Community Facilities Agreement Important?

The Community Facilities Agreement is crucial because it ensures that new developments are properly planned and funded. With this agreement in place, developers must provide adequate infrastructure and facilities to support their development. This means that new development won`t overload the existing infrastructure and negatively impact the quality of life for Fort Worth residents.

Another critical aspect of the CFA is that it ensures that developers are held accountable for their contributions to the community. By requiring developers to build facilities and infrastructure, the city is shifting the burden of funding and constructing these facilities away from taxpayers and onto those who will benefit directly from the new development.

How Does the Community Facilities Agreement Work?

The Community Facilities Agreement is a legally binding contract between the city and the developer. Before a new development can be approved, the developer must negotiate a CFA with the city. Once the agreement is in place, the developer is responsible for funding and constructing the public facilities and infrastructure improvements outlined in the agreement.

The city oversees the construction of the public facilities and infrastructure improvements to ensure that they are built to the agreed-upon standards. Once the construction is complete, the developer must turn over ownership of the facilities and improvements to the city.

Conclusion

The Community Facilities Agreement is a crucial component of the planning process for new developments in the City of Fort Worth. It ensures that developers are held accountable for funding and constructing public facilities and infrastructure improvements necessary to support their development. In doing so, it helps to ensure that new development is sustainable and improves the quality of life for residents.