Where the property comprising said subdivision or development has not contributed to the cost of installation of an existing public sidewalk, the facilities of which are to be used by said subdivision or development, there shall be charged and the subdivider or developer shall pay a fee or fees for the respective sidewalk according to an engineer's estimate of cost prepared by the Village Engineer. Said engineer's estimate of cost will be based on the actual construction cost, if known, plus an increase based upon the increase in the "Engineering News-Record" construction cost index. If the actual construction cost is not known, then the estimate will be based upon the construction cost for sidewalks in the past, plus an increase for the increase in the "Engineering News-Record" construction cost index. Said fee shall be paid prior to the issuance of a land development permit.
(Ord. 7-42, passed 6-20-07)