[Adopted 10-25-2010 by Res. No. 10-13]
The fee deferral agreement set forth in Exhibit A shall be the
means by which a developer may defer a portion of certain fees at
the time of permit issuance upon submission of a written request to
the Village Administrator, who shall thereafter execute the fee deferral
agreement.
The Building Inspector shall continue to charge fees at the
time of building permit issuance in accordance with the currently
adopted fees. However, if a developer provides a fee deferral agreement
within the following parameters, the deferral amount must be paid
at the time of issuance of the certificate of occupancy or within
one year of the issuance of the building permit, whichever occurs
first:
A. It is fully
executed by the developer and the Village Administrator; and
B. It has been
recorded at the Grundy County Recorder's Office, which shall be certified
via a file stamped copy that portion identified in Section 2, Part
C.