[HISTORY: Adopted by the Board of Trustees of the Village of Coal City as indicated in article histories. Amendments noted where applicable.]Attachment 1 - Sample Fee Deferral Agreement
[Adopted 10-25-2010 by Res. No. 10-13]
The Village of Coal City Board of Trustees collects permits and fees related to the construction and inspection of units built on subdivisions approved within the Village of Coal City. In order to collect certain fees for the prior installation of infrastructure and capacity of utility capabilities such as water and sanitary treatment tap-on fees and impact fees were previously instituted. A school impact fee must be paid prior to the issuance of a building permit for any new residential structures according to a predetermined schedule of fees.
The Board of Trustees desires to adopt a policy in order to allow the separation of the payment of certain fees at the time of issuance of the certificate of occupancy rather than prior to providing a permit to build. The ability to defer a portion of the fees shall be as set forth on the attached standard form agreement; the Village gives authority to the Village Administrator to execute the form agreement to effect the deferral of fees in accordance with this article.
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.
Editor's Note: A copy of the fee deferral agreement is included as an attachment to this chapter.
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: