If because of the small size of a site, or other mitigating circumstances, at the village's discretion, a fee may be paid to the village in lieu of providing the required detention.
(A) Any development requiring a restrictor smaller than one inch in diameter to satisfy the release requirements § 154.24 may be required to pay a fee. The fee would be equal to:
= ($150,000.) x (Theo. Vol.- Act. Vol.)
where the "Theoretical Volume" is the detention storage calculated using the maximum allowable release rate per § 154.24, the "Actual Volume" is the detention storage calculated using the release rate from a one inch diameter restrictor, and the volumes are measured in acre-feet. The village shall also have the option of requiring a fee for each acre-foot of detention storage needed in lieu of the applicant building a basin on-site, provided the property will discharge storm water to the village's storm sewer system.
(B) In instances where regional benefits and economies of scale can be achieved, it may be permissible, and may be required, for the adjacent properties to utilize a common regional detention basin. The applicant may have the option of paying a fee based upon the ratio of acre-feet required for the site to the total capacity of the regional facility, and reflecting the cost of engineering, land, construction, landscaping, and maintenance of the detention facility so that the village can build regional facilities or applicants can jointly build the necessary facilities themselves.
(Ord. 801, passed 7-26-05)