If a developer is required to make a payment in lieu as set forth in Subsection
A or
B above, the payment shall be pro rated based upon the minimum regional contribution agreement (RCA) payment as set forth in N.J.A.C. 5:94-5.4, or any amendment thereto, plus the Township's soft costs to administer such payment. The formula used to calculate the residential payment shall be a fraction, with the number of units constructed as the numerator and eight as the denominator, multiplied by the sum of the RCA fee and the Township's soft costs to administer the payment. The formula for nonresidential development shall be a fraction, with the number of jobs created as the numerator and 25 as the denominator, multiplied by sum of the RCA fee and the Township's soft costs to administer the payment. For example, if a developer produces five residential units and the Township's soft costs related to the payment are $2,000, its fee will be calculated as: 5/8 by ($35,000 plus $2,000) equals $23,825.