No owner, agent, tenant, business entity, voluntary association,
nonprofit organization, or person in control of real property located
within the Town of Riverhead shall allow, create, maintain or cause
to be created or maintained any blighted property.
Any entity and/or individual that purchases a property registered
on the Town's Blighted Property Inventory List may be offered certain
incentives from the Town.
A. All incentives are at the discretion of the AICP Building and Planning
Administrator. The "rating" of the purchased property, the location
of the purchased property, the degree of repair and development necessary,
and the impact of the proposed project on the Town's economy are factors
to be considered in the grant of an exemption.
B. Incentives may include, but are not limited to, twenty-five-percent
reduction of certain permit and/or application fees to be collected
by the Planning and Building Departments and/or an acceleration of
the processing of certain permits as issued by the Planning and Building
Departments.
C. Applicants must demonstrate the ability to pay for their proposed
projects either through commitment letters for loans obtained from
a commercial lender of their selection or through the availability
of developer funds.
D. The environmental condition of the project site(s) and the applicant's
liability and other insurance coverage must be considered by the Town
before the approval of any incentives.
E. The timeframe applies to the time within which a property owner/developer
submits an application with the Town of Riverhead Building Department.
"Application" is defined as any building permit application, or an
application to initiate an administrative process within the Planning
Department which would enable the submission of a building permit
application (such administrative processes include but are not limited
to the application for a variance from the Zoning Board of Appeals
and/or site plan review).