The Board of Commissioners of the Township of Cheltenham hereby establishes
a Transportation Development District encompassing the entire township and
hereby directs that an annual and multiyear Transportation Improvement Program
be prepared and maintained, as required by Section 4 of Act 47, including the coordination of the plan as required.
The Department of Engineering, Zoning and Inspection shall establish
a Transportation Development District Office which will serve to:
A. Calculate the assessment to be levied on developers or
property.
B. Enter into an agreement with developers for payment of
the assessment, subject to approval of the Township Manager.
C. Issue certificates of assessment payment.
D. Deposit all payments with the Treasurer in a Highway-Transit
Improvement Fund.
The Township Solicitor's office shall prepare the agreements between
developers and the township for payment of the assessment.
The Township Treasurer shall establish a Highway-Transit Improvement
Fund within the township capital budget and deposit all funds received from
developers, as well as any other funds from the township capital budget and
general fund or grants from other governments or sources.
The Department of Engineering, Zoning and Inspection shall prepare and
maintain a Township Transportation Assessment Regulation using the Trip Generation
Report, as published and updated by the Institute of Transportation Engineers,
Third Edition, 1983. The regulation shall be approved by the Township Commissioners,
and copies shall be made available to developers and the public.
The Board of Commissioners, in accordance with Section 3(a)(2) of Act
47, hereby establishes a one-time assessment of ten cents ($0.10)
per trip on all trips generated on an annual basis for the construction of
all new residential dwelling units and the construction, including additions
and renovations, of all commercial, institutional and industrial construction
as determined by the Trip Generation Report and calculated by the adopted
regulations except the following:
A. Assessment deductions.
(1) Transition deduction. During 1986, only for those projects
which building permits are issued by the township and dated prior to June
30, 1986, the assessment levied by the township shall be reduced by fifty
percent (50%). Any new permits issued after June 30, 1986, shall be the full
assessment.
(2) In the event that a new development has previously agreed
to undertake improvements to transportation facilities which are considered
as "off-site," defined as not on or within the land being developed or immediately
adjacent to the land being developed, the costs of those improvements as mutually
agreed by the township and the developer shall reduce the assessment levied
by the township up to but not more than fifty percent (50%).
(3) For developments that are covered by the Transportation
Development District of Montgomery County and are subject to the County Highway-Transit
Improvement Fund, the township assessment shall be reduced by fifty percent
(50%), provided that the developer shows proof of payment to the county. In
the event that the developer has not made payment as required by Montgomery
County's Transportation Development District prior to the issuance of
a building permit, the township will:
(a) Accept a deferred payment agreement for fifty percent
(50%) of the township's assessment under this chapter, and said deferred
payment agreement would subsequently become null and void when proof of payment
to the county is submitted to the township; or
(b) Accept the full assessment as levied by this chapter
and issue a refund of fifty percent (50%) at such time as the developer shows
proof of payment to the county.
The expenditure of funds from the Highway-Transit Improvement Fund shall
be, by the order of the Board of Commissioners, in accordance with the adopted
Transportation Improvement Program and capital budget.