A. Collection Of Fee:
1. The total cash contribution to be required shall be determined prior to the approval of the final plat and paid to the county designee prior to issuance of a building permit. Receipt of payment shall be proof of said payment.
2. In a platted subdivision, when a building permit for a lot is requested three (3) years or more from the date of final plat approval, determination of a new current cash contribution shall be required. The new current cash contribution shall be determined and shall be paid to the county designee prior to the issuance of a building permit.
3. The cash contribution required for a residential unit not part of a platted subdivision shall be determined in the same manner as for other residential developments and shall be determined and collected prior to the issuance of a building permit.
4. This subsection does not apply to reconstruction.
B. Disposition Of Fee: The cash contribution in lieu of school sites shall be held in trust by the county or other public body designated by the county. Said funds shall be used solely for the acquisition of land for a school site to serve the immediate or future needs of children from that subdivision or development, or for the improvement to any existing school site or buildings which already serve or will serve such need. (Ord. 10-001, 1-12-2010)