Participation by the Town in the cost of development or improvement of such streets in new residential or new commercial areas or new subdivisions of the Town shall be limited so that the total cost to the Town for its share in participating in the cost of any particular new residential or new commercial street, development or improvement, shall not exceed a total of a sum as referenced in the Fee Schedule in Ch. 35 of this code of ordinances in any calendar year and the participation of said Town in said cost shall further be limited to a cost not exceeding 15% of a local street, 20% of a minor collector street and 25% of a major collector street or larger street, all as defined in the Master Plan of the Town.
(2005 Code, § 90.02)