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A Planning Commission Public Hearing is scheduled for Thursday, Oct. 17, at 1:30 p.m. ET at City Hall in Lexington, Kentucky to discuss the completed draft of the Urban Growth Master Plan, according to a press release from the Fayette Alliance on Wednesday.

Residents of Lexington-Fayette County are encouraged to provide public comment and input on the draft plan during this time. The Planning Commission will then reconvene on Thursday, October 31, at 1:30 p.m. ET at City Hall to review any proposed revisions and consider adoption as an element of Lexington's Comprehensive Plan, Imagine Lexington 2045.

The Urban Growth Master Plan must be finalized by Dec. 1, which was a deadline mandated by the Lexington-Fayette Urban County Council.

The current draft of the Urban Growth Master Plan encourages diverse housing types, mixed uses, context-sensitive densities, connectivity, parks, open spaces, innovative development, and multi-modal transportation in the proposed growth areas.

However, it does not provide detailed information on how the city and private developers will pay for the cost of developing and maintaining the proposed expansion areas with city services, or how future development will create and ensure more affordable housing for Lexingtonians.

Expanding Lexington's Urban Service Boundary by nearly 3,000 acres is expected to cost approximately $570 million in upfront infrastructure costs, $8.5 million per year in annual maintenance costs for city services and staff, and estimates an annual budget deficit of negative $30-50 million for the Lexington-Fayette Urban County Government upon the completion of development.

Click here to learn more information.

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The post Fayette County Urban Growth Master Plan Up For Comment Oct. 17 appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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