Upon the filing of the application with the Village Clerk, there shall be paid a fee in the sum provided in Chapter 82, Fees and Deposits.
The Applicant shall be obligated to pay to the Village all costs of advertising, engineering, legal and other expenses of the Village in connection with obtaining the approval of the plat by the Planning Board. Upon the filing of the application, there shall be deposited with the Village Clerk the sum provided in Chapter 82, Fees and Deposits, to defray the aforesaid costs and expenses. If the deposit shall be insufficient to cover such costs and expenses, the balance shall be due and payable on or before the signing of the approval of the Planning Board on the plat. Any sum over and above such actual costs shall, by resolution of the Village Board, be returned to the person depositing the same either after the approval of the plat by the Planning Board or on certification of said person filing the plat that the plat be withdrawn.
The Applicant shall be obligated to pay to the Village all costs for inspection, engineering, attorney's fees, publication and other costs incurred by the Village in connection with the completion of the improvements in the subdivision plat. There shall be deposited with the Village Clerk at the time of the approval of a plat a sum of not less than 6% of the estimated costs of the improvements required by the Planning Board or such larger sum as, in the discretion of the Planning Board, is required to reimburse the Village of Sands Point, which sum shall be applied by the Village to the cost of inspection, engineering, attorney's fees, publication and other costs. In the event that the sum so deposited is insufficient to cover the aforesaid costs, any additional sum required to reimburse the Village of Sands Point must be paid before acceptance by the Village of the completion of the improvements. Upon the completion of the improvements and discharge of the bond, if a bond shall have been furnished, any sum so deposited in excess of the actual costs shall be returned to the party making the deposit upon the approval of the Village Board.
A. 
The Village Board hereby finds that the Village no longer requires deposits to be made into the Recreational Trust Fund to support the operation, use and maintenance of the Village Club and its recreational facilities. Therefore, to meet the needs for capital improvements to the Village's infrastructure and the needs for making repairs to capital improvements that are part of the Village's infrastructure, including, but not limited to, the Village's water supply system, transportation system, and the Village's physical plant, assets and buildings, the monies that were payable to the Recreational Trust Fund are now to be paid into a Village capital reserve fund or repair reserve fund established by this chapter pursuant to General Municipal Law §§ 6-c and 6-d.
B. 
Further, the Village Board finds that funding will need to be authorized for capital improvements for infrastructure and repairs to the capital improvements necessary to maintain the infrastructure.
C. 
Pursuant to § 7-730 of the Village Law, the Village Board is empowered to condition subdivision approval on the payment of fees for recreational infrastructure purposes, but the collection of fees for capital reserve and repair funds as authorized by General Municipal Law §§ 6-c and 6-d as a condition of approval, while consistent with the Village Board's broad powers of review, is not specifically provided for.
D. 
It is therefore the intent of the Village Board, and purpose of this article, to supersede § 7-730 of the Village Law to authorize the Village Board to collect monies to deposit in a capital reserve and repair reserve funds as a condition of approval for all subdivisions, to establish such capital reserve and repair reserve funds and to require such deposits to offset the cost to the Village associated with providing the necessary capital improvements and repairs to municipal infrastructure.
Pursuant to the authority set forth in Municipal Home Rule Law § 10, Subdivision 1, Paragraph (ii)(e)(3), and in accordance with its powers set forth in § 10 of the Statute of Local Governments, the Village Board hereby supersedes § 7-730 of the Village Law as it applies to the Village as follows: The Village Board, the Planning Board, and the Board of Appeals of the Village are authorized to assess, impose, and collect a fee for all new development within their jurisdiction as a condition of their approval of subdivisions, specifically for the purpose of funding capital improvements and repairs to the Village's infrastructure, including, but not limited to, the Village's water supply system, transportation system, the Village's physical plant, assets and buildings.
As a condition to approval of a final plat, the Applicant shall pay the Village the sum of $45,000 per lot. The Village reserves the right to amend the amount of the fee from time to time by resolution of the Village Board; such amendments shall be published as an appendix to the Village code.
All fees collected pursuant to this article shall be deposited into a Village capital reserve fund to be established pursuant to General Municipal Law § 6-c for capital improvements for the Village's infrastructure, or into a Village repair reserve fund to be established pursuant to General Municipal Law § 6-d for repairs to capital improvements for the Village's infrastructure. All fees will be held in trust in these reserve funds and shall only be expended upon capital improvements or repairs to capital improvements for the Village's infrastructure. The Village Board shall have the discretion to determine which fund to deposit the monies into, and the expenditures from each fund, from time to time based on the Village's needs.
This article shall apply to all subdivision applications in the Village.
The fee created herein shall be reviewed by the Village Board biannually.
Any sums deposited with the Village as provided in this chapter over and above the actual cost shall become the property of the Village if no demand is received by the Village for a refund within 60 days from the date of the approval of the Planning Board of the plat or from the date certification is received that the plat is withdrawn, with respect to deposits made pursuant to § 145-30 hereof, and within 60 days from the date of the completion of the improvement or, if a bond has been furnished, within 60 days from the date of the discharge of the bond. All demands for refunds must be in writing.
Anything to the contrary notwithstanding hereinbefore contained or hereafter to be added to this chapter, wherever a fee of any sort is established to be paid to the Village by an applicant, it shall be considered as a minimum, and to the extent the expense to the Village shall exceed that sum, the Applicant shall be liable to make up the difference and to pay same to the Village. No permits pursuant to such application shall be issued nor shall any certificates of occupancy or other final documentation be issued until such additional sum is paid.