(A) The transportation impact fee shall be imposed on the following construction, development or redevelopment in the town:
(1) For commercial development (except accommodation units), on any net new square footage to be constructed;
(2) For residential development, on each new residential unit to be constructed; and
(3) For accommodation units, on each new accommodation unit to be constructed.
(B) The transportation impact fee shall not be imposed on the construction, development or redevelopment of any employee housing unit.
(Ord. 4(2017) § 1)