(A) It is declared to be the policy of the village that the provision of various public facilities and services required to serve new development is subject to the control of the village in accordance with the comprehensive plan of the village for the orderly, planned, efficient, and economical development of the village.
(B) New developments cause and impose increased and excessive demands upon public facilities and services that are specifically and uniquely attributable to those new developments.
(C) Planning projections indicate that new development shall continue and shall place ever-increasing demands on public facilities and services.
(D) Development potential and property values are influenced and affected by village policy as expressed in the comprehensive plan and as implemented by the village zoning ordinance.
(E) To the extent that new developments place demands upon public facilities and services that are specifically and uniquely attributable to such developments, those demands should be satisfied by requiring that the new developments creating the demands pay the cost of meeting the demands.
(F) The Village Board of Trustees, after careful consideration, hereby finds and declares that imposition of development impact fees upon new developments to finance specified public facilities and services, the demand for which is created by such developments within the village, is in the best interests of the general welfare of the village and its residents, is equitable, and does not impose an unfair burden on such developments. Therefore, the Village Board of Trustees deems it necessary and desirable to adopt this chapter as herein set forth.
(Ord. 05-17, passed 8-15-2005)