Pursuant to the provisions of the town's Home Rule Charter, the town shall, in conjunction with any requested subdivision approval, plat approval, or building permit request, impose dedication requirements or monetary exactions in lieu of such dedication requirements, or monetary exactions to maintain the level of public services. Authority is specifically granted to the town council, upon the advice of the planning commission, following public hearing before the planning commission and town council, to waive or reduce the exaction or dedication requirements upon a finding that such development or improvement proposed does not create a need for the expansion or replacement of existing services or facilities, or that the proposed development will meet identified public needs.
Authority is specifically granted to the town council, as a part of its legislative function, to establish fee schedules for monetary exactions in those instances where real property dedications are not required or appropriate. Such fee schedules shall be adopted pursuant to the criteria set forth in section
21-854(a) of this article.
Strictly by means of illustration, and not by means of limitation, dedications or exactions for the following purposes shall be made:
(a) Streets. Fee title may be required to be dedicated to the municipality for the construction, reconstruction, reconfiguration, widening or extension of streets or acceleration/deceleration lanes which will be dedicated to the general public; and/or payment for the construction of streets, including the widening, improvement, traffic signalization, or construction of acceleration/deceleration lanes may be required in those instances where actual dedication of fee title is not required, provided that dedication to the town of fee title and actual construction by the owner/developer shall be required for all internal streets within an approved subdivision.
(b) Parks. Fee title to property sufficient to enable the development of a park within a development may be required based upon compliance with the town-wide park development standards of the town, or payment of an exaction in lieu of such dedication may be required, provided that adequate standards exist for insuring that the monetary exaction paid by the owner or developer is utilized on a project which will benefit the owner or developer's property.
(c) Open space. Fee title to property which meets the adopted standards for open space dedication of the town may be required, or payment in lieu thereof may be required, provided that a town-wide standard exists for the determination of such fee, and a town-wide program exists for the actual acquisition of open space.
(d) Level of service. Payment in lieu of property dedication may be required from new residential, commercial, and/or industrial development to offset the current costs of governmental services necessary to provide the level of services for public works, general government, planning, and zoning and law enforcement which are offered to residents of the town as of the date of adoption of this article [December 17, 1996], provided that all of the standards, requirements, and limitations of this article are met and complied with.
(e) Fire protection. Payment may be required from new residential, commercial, and/or industrial development to offset the current cost of fire protection services necessary to provide the level of fire protection services which are offered to residents of the town.
(Ord. No. 12-07, § 1, 1-15-13)