§ 50.05  SYSTEM DEVELOPMENT FEES.
   (A)   Pursuant to G.S. §§ 160A-311 et seq., the following utility impact fees are hereby established for the purpose of providing funds for capital improvements necessary to maintain water and sewer services.
   (B)   Fees shall be payable to the town by landowner and/or developer at/or before the time of submission of the preliminary plat for the subject development or at the time of application for service.
      (1)   Water: The fees shall be in an amount as set by the Board from time to time.
      (2)   Sewer: The fees shall be in an amount as set by the Board from time to time.
(Res. passed 12-12-2006; Am. Res. 2017-18:004, passed 3-13-2018)