(A) The Village Council recognizes that new growth and development in the village requires that the capacity of the village's infrastructure be expanded if existing levels of service are to be maintained and that in the absence of a funded program of roadway and water improvements, new growth and development would have to be restricted in order to protect the health, safety, and welfare of the citizens of the village.
(B) The purpose of this subchapter is to ensure that new growth mitigates the impact of new growth and development on the quality of life in the village by paying a fair share of the costs of improvements needed to serve new growth and development thereby ensuring that needed improvements are constructed.
(C) All fair share impact fees collected pursuant to this subchapter shall be used for the construction of road and water improvements, both past and future, that benefit and serve new growth and development.
(D) The village has the authority to implement a fair share road impact fee program under the Ohio Constitution's home rule provisions, Ohio Constitution Article XVIII, and subdivision regulations. R.C. Chapter 711 et seq.
(Ord. 5-97, passed 1-7-1997; Ord. 17-2017, passed 2-21-2017)