Roadways. The applicant's proportionate share of street improvements, alignment, channelization, barriers, new or improved traffic signalization, signs, curbs, sidewalks, trees, utility improvements uncovered elsewhere, the construction or reconstruction of new or existing streets, and other associated street or traffic improvements shall be as follows:
[1]
The Municipal Engineer or Planner shall provide the applicant with the existing and reasonably anticipated future peak-hour volumes for the off-tract improvements.
[2]
The applicant shall furnish, for approval by the Municipal Engineer, the estimated peak-hour traffic generated by the proposed development and the proportion thereof which is to be accommodated by the proposed off-tract improvement.
[3]
If the required improvements do not exist or if the existing system does not have adequate capacity to accommodate reasonably anticipated volumes, the pro rata share shall be the larger of:
[a]
The partial cost of a shared improvement where none now exists:
[b]
The total cost of an improvement designed to accommodate only the development traffic volume if such an alternative is technically possible.
[c]
The partial cost of a shared improvement where the existing improvement has insufficient capacity: