The purpose of the mandatory development fee
is to provide funding for the Township's Housing Element and Fair
Share Plan approved by the Township Council, Township of Brick.
[Amended 4-19-2005 by Ord. No. 354-2E-05]
A. In accordance with N.J.A.C. 5:94-6.6(a) and (b) of COAH's "Substantive Rules," all new development of residential dwelling units within the Township of Brick, not exempt from the collection of development fees in accordance with the provisions specified in §
245-71 of this article, shall pay to Brick Township 1% of either the equalized assessed value of each housing unit, the coverage amount of the homeowner warranty document of a for-sale unit, or the appraised value on the document utilized for construction financing for a rental unit, provided that no increased density is permitted.
B. In the event that an increase in residential density
is permitted pursuant to N.J.S.A. 40:55D-70d(5) [known as a "d" variance],
the fee shall increase to 6% of either the equalized assessed value
for each additional unit that is realized, the coverage amount on
the homeowner warranty document for each additional for-sale unit,
or the appraised value on the document utilized for construction financing
for each additional rental unit. However, if the zoning on a site
has changed during the two-year period preceding the filing of such
a variance application, the density for the purposes of calculating
the bonus development fee shall be the highest density permitted by
right during the two-year period preceding the filing of the variance
application.
C. The following improvements to existing residential
dwellings shall not be required to pay a development fee:
(1) Decks less than or equal to 500 square feet;
(4) Sheds less than or equal to 100 square feet.
[Amended 4-19-2005 by Ord. No. 354-2E-05]
A. In accordance with N.J.A.C. 5:94-6.7(a) and (b) of COAH's "Substantive Rules," all new development of nonresidential buildings and structures, not exempt from the collection of development fees in accordance with the provisions specified in §
245-71 of this article, shall pay a fee to Brick Township of 2% of either the equalized assessed value for nonresidential development or the appraised value on the document utilized for construction financing.
B. In the event that an increase in floor area is permitted
pursuant to N.J.S.A. 40:55D-70d(4) [known as a "d" variance], the
fee shall increase to 6% on the additional floor area realized. However,
if the zoning on a site has changed during the two-year period preceding
the filing of such a variance application, the base floor area for
the purposes of calculating the bonus development fee shall be the
highest floor area permitted by right during the two-year period preceding
the filing of the variance application.
[Added 3-22-1994 by Ord. No. 354-2A-94; amended 4-19-2005 by Ord. No. 354-2E-05]
This article shall expire if:
A. The Superior Court or COAH fail to approve Brick Township's
Housing Element and Fair Share Plan.
B. The Superior Court or COAH enters an order barring
Brick Township from collecting development fees.
C. The Superior Court or COAH disapproves this ordinance.