Review. The Impact Fee Assessment Schedule shall be reviewed at least
once every five years by the Planning Board (3/2017), according to
the methodologies established within a report adopted by the Raymond
Planning Board, and as amended. Such review may result in recommended
adjustments in one or more of the fees based on the most recent data
as may be available including, but not limited to, current construction
cost information or capital improvement plans or programs, property
assessment data, demographic data, United States Census information,
and other sources. Based on its review, the Board may consider the
adoption of an updated or amended impact fee methodology, or may modify
the schedule to correct errors or inconsistencies identified in the
review process. No change in the methodology or in the impact fee
schedules shall become effective until it shall have been the subject
of a public hearing before the Planning Board, noticed in accordance
with RSA 675:7. (03/2016)