Long-term Public Projects May Qualify for 'Traffic Inducement Charge' Reduction
Kang Su-hoon Proposes Partial Amendment Bill in Gwangju City Council... Passes Standing Committee
Facilities experiencing changes in traffic generation due to long-term public projects such as the construction of Gwangju Urban Railway Line 2 are expected to be eligible for reductions in traffic generation charges.
On the 13th, according to the Gwangju Metropolitan Council, Assemblyman Kang Su-hoon (Democratic Party·Seo-gu 1), who is the main proposer, had the "Partial Amendment to the Gwangju Metropolitan City Traffic Generation Charge Ordinance" pass the review of the 2nd Industrial Construction Committee at the 318th extraordinary session.
Assemblyman Kang proposed this ordinance because many small business owners are in a difficult position having to pay traffic generation charges despite a reduction in factors causing traffic congestion due to long-term public projects such as the construction of Urban Railway Line 2 amid a challenging economic situation.
The ordinance stipulates that for facilities experiencing changes in traffic generation due to the implementation of long-term public projects, adjustments to the traffic generation coefficient can be applied for up to 30% of the original coefficient for public project periods of 6 months or more, and up to 50% for periods of 12 months or more.
The existing ordinance required applicants to conduct traffic volume surveys themselves and submit applications, which was burdensome. However, the revised ordinance simplifies the process by allowing applicants to submit the traffic generation coefficient adjustment application to the mayor and receive notification accordingly.
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Assemblyman Kang said, “Small business owners who suffered difficulties due to COVID-19 are now facing increased economic hardships caused by long-term public projects. Through this revised ordinance, I hope to alleviate the economic difficulties of small business owners and somewhat ease the inconveniences caused by long-term public projects.”
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