This article is intended to allocate financial burdens of providing
public facilities fairly between residents living in the Town at the
time of adoption of this chapter and owners of existing land development
projects within the Town and developers of new land developments,
and to comply with § 66.0617, Wis. Stats., on municipal
impact fees.
Pursuant to § 66.0617(2)(b), Wis. Stats., the imposition
of park facilities impact fees under this section does not prohibit
or limit the Town's authority to finance park facilities by other
means authorized by law, including, but not limited to, for example,
the use of fees in lieu of land dedication under Chapter 236 of the
Wisconsin Statutes, which are deemed to not be impact fees as that
term is used in § 66.0617, Wis. Stats.
Revenues collected as impact fees under this chapter shall be
placed by the Town Treasurer in segregated interest-bearing accounts
and shall be accounted for separately from other funds of the Town.
Impact fee revenues and interest earned on impact fee revenues may
be expended by the Town only for the capital costs for which the impact
fees were imposed and shall be expended on a first-in first-out basis.
Separate accounts shall be kept of fees collected from different impact
fee zones, where the particular impact fee ordinance provides for
differential fees according to zones, and revenues collected in particular
zones shall be spent in those zones as appropriate.
If any provision of this chapter is declared illegal or invalid
for any reason, that illegality or invalidity shall not affect the
remaining provisions, which shall remain in full force and effect.