If any revenue bonds are issued for a qualified project, there shall be due to the village an issuance fee equal to one half of one percent of the face amount of the bonds issued. The applicant shall receive a credit against the issuance fee, for the amount of the nonrefundable application fee previously paid. The issuance fee shall be considered a project cost related to the financing of the qualified project. (Ord. 0-06-21, 5-1-2006)