[Adopted 7-16-1992 by Ord. No. 92-3 (Title VII, § P of the 1987 Code); amended 6-5-2003]
Pursuant to General Statutes § 7-148(c)(2)(K), there is hereby established a special fund to be known as the "Public Improvements Inspection Fee Fund."
[Amended 6-5-2003; 10-6-2011]
Each applicant to the Planning and Zoning Commission for approval of any subdivision or site plan which contemplates any public improvements shall pay to the Town of Hebron 4% of the costs of such public improvements as approved by the Town Engineer. The payment off this sum shall occur at the same time that the Planning and Zoning Commission requires the submission of a performance bond for said subdivision or site plan improvements with each phase of the subdivision, or for the entire subdivision as one phase, however such phasing is determined by the Commission. One-tenth of such sum shall be paid over to the Town's general operating fund as administrative cost. The balance thereof shall be deposited in the Public Improvements Inspection Fee Fund to the account of the applicant. Expenses incurred by the Town for engineering and like services in inspecting the construction of such public improvements shall from time to time be charged against such account and disbursed to the provider of the services or the Town's general operating fund, as appropriate, upon the certification of the Town Planner and the voucher of the Town Manager.
If at the time the public improvements are tendered for acceptance by the Town expenses in excess of the amount credited to the applicant's account have been incurred by the Town, the applicant shall be required to pay such excess to the Town prior to any formal acceptance of the improvements by the Town.
Upon formal acceptance of the public improvements and the disbursement from said account of all such remaining charges, the balance thereof shall be refunded to the applicant or the applicant's assignee upon such certification and voucher.