[Adopted 11-17-1986 by L.L. No. 5-1986]
The purpose of this article is to establish a schedule of fees to be
paid by or on behalf of a redevelopment company formed under Article V of
the Private Housing Finance Law, upon the filing with the Village of Carthage
of a plan and other documentation in accordance with § 114 of the
Private Housing Finance Law.
As used in this article, unless the context or subject matter otherwise
requires, the following terms shall have the meanings indicated:
ACT
The Private Housing Finance Law of the State of New York.
AMENDMENT
A written request by or on behalf of a redevelopment company to the
Village Board for its approval of an amendment of its application.
APPLICATION
A written request by or on behalf of a redevelopment company to the
Village Board for its approval of the materials submitted in accordance with
§ 114 of the Act.
FEE
The amount required to be paid upon the filing of an application
or an amendment.
An application shall be accompanied by a fee of $10,000. An amendment
shall be accompanied by a fee of $500. The dollar amount of any fee specified
herein shall be changed as of January 1 of each year according to the percentage
change in the consumer price index (all urban consumers index for all cities)
for the period of January through December of the previous year. The first
adjustment shall be made as of January 1, 1987.
The fee shall be set aside in a separate account and shall be used to
pay for the expenses of carrying out the responsibilities of the Village under
the Act in accordance with the provisions of § 118 of the Act. Any
amounts not expended within two years of receipt will be returned with interest,
at the rate received, to the redevelopment company.
Any applications or amendments shall be filed with the Village Clerk.