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Commercial parkland fees approved in Austin

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Commercial parkland fees approved in Austin

After weeks of consideration, Austin City Council has approved a new fee for commercial developers that will direct funds toward the city’s Parks and Recreation department. It represents a victory for those who want to boost funding for parks in the fast growing and fast developing city. But the fees had been opposed by those concerned about the high cost of real estate development in Austin — which has fees far outpacing those in Texas’ other big cities.