Beverly Hills Imposes Traffic Fee on Builders
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Developers of commercial, industrial and multifamily residential buildings will be charged a traffic-mitigation fee under an ordinance that was tentatively approved by the Beverly Hills City Council last week.
The fee will be assessed according to the number of trips a building is expected to generate. Revenues would be applied to traffic reduction projects. If no amendments are incorporated, the measure will be formally adopted Oct. 17.
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