a. A benefited property owner shall pay to the Town the applicable contribution charge set forth in the agreement whenever that person obtains a land use entitlement. The charge is payable at the time the entitlement is granted.
b. The contribution charge applies only (1) after the reimbursement agreement is recorded; (2) during the period a reimbursement agreement is in effect and (3) if the Town Engineer determines that the land use entitlement involves the scope and type of development contemplated by the agreement. Payment of the contribution charge is not required as a condition of issuing a land use entitlement for the alteration or enlargement of an existing building or structure (or the erection of an accessory building or structure) if the work:
1. Is on the same parcel of land; and
2. Does not create an additional dwelling unit; and
3. Will not change the potential for traffic generation; and
4. In any three (3) year period will not exceed one-half (1/2) the value of all existing improvements on that parcel of land.
c. No property may be assessed a double fee under this section.
d. A benefited property owner has no obligation to pay a contribution charge if the owner does not develop the property during the effective period of the reimbursement agreement. (Ord. #76-85, §9-105)
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