(A) The Village Council has determined that:
(1) The village has a legitimate governmental interest in providing additional public facilities to meet projected public facilities demand generated by new development;
(2) Additional public facilities are necessary to provide for demand generated by new development; and
(3) Additional public facilities will provide a benefit to new development by maintaining or increasing the existing level of service standard currently provided to village residents, employees and businesses.
(B) The purposes and intent of this chapter are as follows:
(1) To provide for the public facilities that will be needed to meet the demands created by new growth and new development taking place within the village, and to provide for a fair and equitable method to share the costs of such public facilities.
(2) To ensure that new development pays its proportionate and fair share of the cost of system improvements needed to serve the projected new development.
(Ord. 2007-50, passed 1-7-08)