(A) Based upon the traffic impact analysis, the Town Council finds, determines, establishes and adopts that the cost per 24-hour trip is in the amount of $106. This equates to traffic impact fee of $1,009 per single family residence, and this amount is hereby adopted as the traffic impact fee for the town. The number of 24-hour trips are to be based upon calculations taken from ITE Trip Generation (7th Edition, 2003), a study published by the Institute of Transportation Engineers (“ITE”).
(B) The Town Council hereby makes as a part of the record of these proceedings all of the data collected, calculations made, and conclusions reached by A&F in the process of developing the traffic impact analysis, and specifically instructs the employees of the town to make such data and all other information gathered and used in preparing the traffic impact analysis publicly available as a public record of the town for review during the town’s regular business hours. The Town Council further authorizes A&F to sell or otherwise distribute copies of the traffic impact analysis and any of the other data collected upon which it relied, at a cost reasonably intended to compensate them for the cost of reproduction only.
(C) In the event that any parcel of real estate considered in the creation of the Zone Improvement Plan undergoes a change in use, redevelopment, or modification which requires an improvement location permit, and creates a need for new infrastructure, a traffic impact fee will only be assessed for the increase in the burden on infrastructure.
(Ord. 2007-03, passed - - ; Ord. 2014-03, passed 4-7-2014; Ord. passed 7-7-2014)