The Town Board shall establish the amount of the parkland and
recreation fee by resolution. In establishing said amount, the Board
shall consider the inventory of the Town's existing parkland and recreation
facilities and needs, actual and potential new residential development,
and the park and recreation needs of such new development. Said amount
may be amended from time to time by resolution of the Town Board as
necessary to reflect current cost and requirements for municipal park,
playground or recreation facilities. Notwithstanding that the parkland
and recreation fee due at the time of development plan approval has
been paid, dwelling unit(s) shall be subject to the parkland and recreation
fee in effect at the time a building permit is issued. In the event
that the Town Board increases the fee after approval of the development
plan, but prior to the issuance of a building permit for a residential
dwelling unit on such plan, a building permit for such unit may not
be issued until the entire fee is paid and a receipt evidencing payment
of the full amount of the required recreation fee is duly issued by
the Town Clerk.