[Amended 7-27-1998 by Ord. No. 574; 11-28-2005 by Ord. No.
710]
Pursuant to N.J.S.A. 40:55D-1 et seq., there
is hereby established a Planning Board consisting of nine members
and four alternate members. The membership, terms, organization, powers,
function and operation of the Board shall be subject to all applicable
provisions of said statute. The Planning Board shall exercise all
of the powers and duties of the Zoning Board of Adjustment.
[Amended 11-28-2005 by Ord. No. 710]
A. Findings. The Zoning Board of Adjustment was created
by ordinance pursuant to the terms of N.J.S.A. 40:55D-69. This aforementioned
statute mandates the creation of a Zoning Board of Adjustment upon
the adoption of a zoning ordinance unless the municipality is eligible
for, and exercises, the option of creating a nine-member Planning
Board to exercise all of the powers and duties of the Board of Adjustment
as provided by N.J.S.A. 40:55D-25c(1). The Township meets the criteria
established in N.J.S.A. 40:55D-25c(1) and has determined that it is
in the public's best interest to abolish the Zoning Board of Adjustment
and allow the Planning Board to exercise its powers and duties.
B. Abolishment of Zoning Board of Adjustment; discharge
of members.
(1) The Zoning Board of Adjustment is hereby abolished
and all of the powers and duties granted by law to the Board are hereby
transferred to the Planning Board pursuant to the authority established
in N.J.S.A. 40:55D-25c(1).
(2) All members, officers and employees of the Zoning
Board of Adjustment as of the effective date of this section shall
be discharged from their positions, offices or employment.
C. Reference to Board of Adjustment. All references to Board of Adjustment contained in this Chapter
102 shall be deemed to refer to the Planning Board.
[Added 7-27-1998 by Ord. No. 574; amended 12-10-2018 by Ord. No. 870]
Any variance granted by the Zoning Board of Adjustment permitting
the erection or alteration of any structure or structures or permitting
a specified use of any premises shall expire by limitation unless
such construction or alteration shall have been actually commenced
on each and every structure permitted by said variance, or unless
such permitted use has actually been commenced, within one year from
the date of entry of the determination of the Zoning Board of Adjustment;
provided, however, that the running of the period of limitation hereby
established shall be tolled from the date of the filing of an appeal
from the decision of the Zoning Board of Adjustment to the Township
Committee or to a court of competent jurisdiction until the termination
in any manner of such appeal or proceeding. The Zoning Board of Adjustment
may, upon good cause shown, extend the one-year period of limitation
for an additional one-year period.
There is hereby established in connection with various applications for development and other matters which are the subjects of this chapter the Schedule of Fees set forth in Chapter
82, Fees.
The developer shall, at the time of filing a submission, pay the nonrefundable fee set forth in Chapter
82 to the administrative officer by certified check or bank money order. Proposals involving more than one use shall pay a fee equaling the sum of the fees for the component elements of the plat. Proposals requiring a combination of approvals, such as subdivision, site plan and/or a variance, shall pay a fee equal to the sum of the fee for each element.
The Chief Financial Officer shall place all deposits required by this section in an escrow account administered in accordance with §
102-13 in the name of the applicant and shall charge against such account all disbursement in connection with the costs referred to herein. Fees shall be calculated in accordance with the actual time required for review at rates established by a schedule of professional fees filed annually with the Township and approved by the Township Committee by resolution, which schedule shall be maintained in the office of the Township Clerk for public inspection.
A. Inspection fees for required improvements. Prior to
the start of construction, an inspection fee deposit shall be paid
to the Township.
(1) For those developments for which the reasonably anticipated
inspection fees are less than $10,000 fees may, at the option of the
developer, be paid in two installments. The initial amount deposited
shall be 50% of the reasonably anticipated fees as calculated by the
Township Engineer. When the balance on deposit drops to 10% of the
reasonably anticipated fees because the amount deposited by the developer
has been reduced by payments to the Township Engineer and Attorneys
in connection with inspections, the developer shall deposit the remaining
50% of the anticipated fees immediately upon receipt of a request
from the Chief Financial Officer.
(2) For those developments for which the reasonably anticipated
inspection fees are $10,000 or greater, fees may, at the option of
the developer, be paid in four installments. The initial amount deposited
by the developer shall be 25% of the reasonably anticipated fees as
calculated by the Township Engineer. When the balance on deposit drops
to 10% of the reasonably anticipated fees because the amount deposited
by the developer has been reduced by payments to the Township Engineer
and Attorneys in connection with inspections, the developer shall
make additional deposits of 25% of the anticipated fees.
(3) The Township Engineer shall not perform any inspection
except required health and safety inspections if sufficient funds
to pay for those inspections are not on deposit.
B. Review fee deposits. In addition to the filing fees
or any other fees required in this section, any applicant shall file
with the Township at the time of filing an application a review fee
deposit to cover the costs incurred for reviewing applications for
development, review and preparation of documents and other actual
out-of-pocket costs incurred pertaining to the application by planners,
attorneys and any other professionals or experts employed by the Township
on a consultant basis whose services are deemed necessary to report
upon the application and its compliance with Township ordinances and
codes. Such expenses may involve extensive studies of applications
and testimony by experts, consultants or other individuals, including
engineering, land use, planning and environmental consultants or expenses
incurred in connection with holding special meetings, including attorneys'
fees. The Township agency shall not process and/or take action on
the application unless all review fees and deposits required herein
shall have been paid by the applicant.
In addition to all other fees specified in this
chapter, an applicant or appellant shall pay the actual costs incurred
by the Planning Board, Zoning Board of Adjustment or Township Committee,
as the case may be, for recording verbatim, by use of a shorthand
reporter or stenographer, all public hearings, whether regular or
special, in excess of three hearings upon any application for development
or appeal to the Township Committee, as well as the furnishing of
copies of transcripts of any such hearing required by the applicant,
appellant, Planning Board, Zoning Board of Adjustment or Township
Committee, as the case may be, in the consideration of the application
or appeal.
The Township Committee, the Planning Board or
the Board of Adjustment, as the case may be, may waive or reduce the
fees prescribed herein in connection with applications submitted by
public agencies, nonprofit volunteer organizations and such other
quasi-public agencies and organizations at the Committee or Board,
as a matter of policy, may designate. The Township Committee, the
Planning Board or the Board of Adjustment, as the case may be, may
also reduce fees in connection with applications under its jurisdiction
when, in its judgment, the fee would be unreasonably excessive in
relation to the scope of the application, the degree of professional
review services required and other unusual circumstances relating
to the application. No such fee shall be reduced if actual expenses
of the Committee or the Board exceed 50% of the fee herein specified,
and at least 10% of the fee herein specified shall be retained by
the Township to cover administrative costs.
[Added 2-10-2014 by Ord. No. 827]
A. Purpose.
(1)
In Holmdel Builder's Association v. Holmdel Township, 121 N.J.
550 (1990), the New Jersey Supreme Court determined that mandatory
development fees are authorized by the Fair Housing Act of 1985 (the
Act), N.J.S.A. 52:27d-301 et seq., and the State Constitution, subject
to the Council on Affordable Housing's (COAH's) adoption of rules.
(2)
Pursuant to P.L. 2008, c. 46, Section 8 (N.J.S.A. 52:27D-329.2)
and the Statewide Nonresidential Development Fee Act (N.J.S.A. 40:55D-8.1
through 40:55D-8.7), COAH is authorized to adopt and promulgate regulations
necessary for the establishment, implementation, review, monitoring
and enforcement of municipal affordable housing trust funds and corresponding
spending plans. Municipalities that are under the jurisdiction of
the Council or court of competent jurisdiction and have a COAH-approved
spending plan may retain fees collected from nonresidential development.
(3)
This section establishes standards for the collection, maintenance,
and expenditure of nonresidential development fees pursuant to COAH's
regulations and in accordance with P.L. 2008, c. 46, Sections 8 and
32-38. Fees collected pursuant to this section shall be used for the
sole purpose of providing low- and moderate-income housing. This section
shall be interpreted within the framework of COAH's rules on development
fees, codified at N.J.A.C. 5:97-8.
B. Basic requirements.
[Amended 4-24-2018 by Ord. No. 864]
(1)
This section shall not be effective until approved by the court.
(2)
The Township of Boonton shall not spend development fees until
the court has approved a plan for spending such fees (spending plan).
C. Definitions. The following terms, as used in this section, shall
have the following meanings:
AFFORDABLE HOUSING DEVELOPMENT
A development included in the Housing Element and Fair Share
Plan, and includes, but is not limited to, an inclusionary development,
a municipal construction project or a 100% affordable development.
COAH or THE COUNCIL
The New Jersey Council on Affordable Housing established
under the Fair Housing Act, which has primary jurisdiction for the
administration of housing obligations in accordance with sound regional
planning consideration in the state.
DEVELOPER
The legal or beneficial owner or owners of a lot or of any
land proposed to be included in a proposed development, including
the holder of an option or contract to purchase, or other person having
an enforceable proprietary interest in such land.
DEVELOPMENT FEE
Money paid by a developer for the improvement of property
as permitted by N.J.S.A. 40:55D-8.1 through 40:55D-8.7 and as authorized
by Holmdel Builder's Association v. Holmdel Township, 121 N.J. 550
(1990) and the Fair Housing Act of 1985, N.J.S.A. 52:27D-301 et seq.,
and regulated by applicable COAH Rules and the Fair Housing Act.
[Amended 4-24-2018 by Ord. No. 864]
EQUALIZED ASSESSED VALUE
The assessed value of a property divided by the current average
ratio of assessed to true value for the municipality in which the
property is situated, as determined in accordance with Sections 1,
5, and 6 of P.L. 1973, c. 123 (N.J.S.A. 54:1-35a through N.J.S.A.
54:1-35c).
GREEN BUILDING STRATEGIES
Those strategies that minimize the impact of development
on the environment, and enhance the health, safety and well-being
of residents by producing durable, low-maintenance, resource-efficient
housing while making optimum use of existing infrastructure and community
services.
D. Residential development fees.
[Added 4-24-2018 by Ord.
No. 864]
(1)
Imposition of fees.
(a)
Within the Township of Boonton, all residential developers, except for developers of the types of developments specifically exempted in Subsection
D(2) below and developers of developments that include affordable housing shall pay a fee of 1.5% of the equalized assessed value for all new residential development, provided that no increased density is permitted. Development fees shall also be imposed and collected when an additional dwelling unit is added to an existing residential structure; in such cases, the fee shall be calculated based on the increase in the equalized assessed value of the property due to the additional dwelling unit.
(b)
When an increase in residential density is permitted pursuant
to a "d" variance granted under N.J.S.A. 40:55D-70d(5), developers
shall be required to pay a bonus development fee of 6.0% of the equalized
assessed value for each additional unit that may be realized, except
that this provision shall not be applicable to a development that
will include affordable housing. If the zoning on a site has changed
during the two-year period preceding the filing of such a variance
application, the base 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.
(2)
Eligible exactions, ineligible exactions and exemptions for
residential developments.
(a)
Affordable housing developments and/or developments where the
developer is providing for the construction of the requisite number
of affordable housing units elsewhere within the municipality, and
developments where the developer has made a payment in lieu of on-site
construction of the required number of affordable units, if permitted
by an ordinance approved by the court as part of a judgment of compliance
and repose, shall be exempt from the payment of development fees.
(b)
Developments that have received preliminary or final site plan
approval prior to the adoption of this ordinance shall be exempt from
the payment of development fees, unless the developer seeks a substantial
change in the original approval. Where site plan approval is not applicable,
the issuance of a zoning permit and/or construction permit shall be
synonymous with preliminary or final site plan approval for the purpose
of determining the right to an exemption. In all cases, the applicable
fee percentage shall be determined based upon the Development Fee
Ordinance in effect on the date that the construction permit is issued.
(c)
Improvements or additions to existing one- and two-family dwellings
on individual lots shall not be required to pay a development fee,
but a development fee shall be charged for any new dwelling constructed
as a replacement for a previously existing dwelling on the same lot
that was or will be demolished, unless the owner resided in the previous
dwelling for a period of one year or more prior to obtaining a demolition
permit. Where a development fee is charged for a replacement dwelling,
the development fee shall be calculated on the increase in the equalized
assessed value of the new structure as compared to the previous structure.
(d)
Homes replaced as a result of a natural disaster (such as a
fire or flood) shall be exempt from the payment of a development fee.
E. Nonresidential development fees.
(1)
Imposed fees.
(a)
Within all zoning districts, nonresidential developers, except
for developers of the types of development specifically exempted,
shall pay a fee equal to 2 1/2% of the equalized assessed value
of the land and improvements, for all new nonresidential construction
on an unimproved lot or lots.
(b)
Within all zoning districts, nonresidential developers, except
for developers of the types of development specifically exempted,
shall also pay a fee equal to 2.5% of the increase in equalized assessed
value resulting from any additions to existing structures to be used
for nonresidential purposes.
[Amended 4-24-2018 by Ord. No. 864]
(c)
Development fees shall be imposed and collected when an existing
structure is demolished and replaced. The development fee of 2 1/2%
shall be calculated on the difference between the equalized assessed
value of the preexisting land and improvement and the equalized assessed
value of the newly improved structure, i.e., land and improvement,
at the time a final certificate of occupancy is issued. If the calculation
required under this section results in a negative number, the nonresidential
development fee shall be zero.
(2)
Eligible exactions, ineligible exactions and exemptions for
nonresidential development.
(a)
The nonresidential portion of a mixed-use inclusionary or market-rate
development shall be subject to the 2 1/2% development fee, unless
otherwise exempted below.
(b)
The 2 1/2% fee shall not apply to an increase in equalized
assessed value resulting from alterations, change in use within the
existing footprint, reconstruction, renovations and repairs.
(c)
Nonresidential developments shall be exempt from the payment
of nonresidential development fees in accordance with the exemptions
required pursuant to the Statewide Non-Residential Development Fee
Act, P.L. 2008, c. 46, §§ 35 and 36 (N.J.S.A. 40:55D-8.1
through 8.7) as specified in the Form N-RDF "State of New Jersey Non-Residential
Development Certification/Exemption Form." Any exemption claimed by
a developer shall be substantiated by that developer.
[Amended 4-24-2018 by Ord. No. 864]
(d)
A developer of a nonresidential development exempted from the
nonresidential development fee pursuant to P.L. 2008, c. 46, shall
be subject to it at such time the basis for the exemption no longer
applies and shall make the payment of the nonresidential development
fee, in that event, within three years after that event or after the
issuance of the final certificate of occupancy for the nonresidential
development, whichever is later.
(e)
If a property which was exempted from the collection of a nonresidential
development fee thereafter ceases to be exempt from property taxation,
the owner of the property shall remit the fees required pursuant to
this section within 45 days of the termination of the property tax
exemption. Unpaid nonresidential development fees under these circumstances
may be enforceable by the Township as a lien against the real property
of the owner.
F. Collection procedures.
(1)
Upon the granting of a preliminary, final or other applicable
approval for a development, the applicable approving authority shall
direct its staff to notify the construction official responsible for
the issuance of a construction permit.
[Amended 4-24-2018 by Ord. No. 864]
(2)
For nonresidential developments only, the developer shall also
be provided with a copy of Form N-RDF "State of New Jersey Nonresidential
Development Certification/Exemption" to be completed as per the instructions
provided. The developer of a nonresidential development shall complete
Form N-RDF as per the instructions provided. The construction official
shall verify the information submitted by the nonresidential developer
as per the instructions provided in Form N-RDF. The Tax Assessor shall
verify exemptions and prepare estimated and final assessments as per
the instructions provided in Form N-RDF.
(3)
The construction official responsible for the issuance of a
construction permit shall notify the local tax assessor of the issuance
of the first construction permit for a development which is subject
to a development fee.
[Amended 4-24-2018 by Ord. No. 864]
(4)
Within 90 days of receipt of that notice, the Municipal Tax
Assessor, based on the plans filed, shall provide an estimate of the
equalized assessed value of the development.
(5)
The construction official responsible for the issuance of a
final certificate of occupancy notifies the Local Assessor of any
and all requests for the scheduling of a final inspection on property
which is subject to a development fee.
(6)
Within 10 business days of a request for the scheduling of a
final inspection, the Municipal Assessor shall confirm or modify the
previously estimated equalized assessed value of the improvements
of the development, calculate the development fee, and thereafter
notify the developer of the amount of the fee.
(7)
Should the Township of Boonton fail to determine or notify the
developer of the amount of the development fee within 10 business
days of the request for final inspection, the developer may estimate
the amount due and pay that estimated amount consistent with the dispute
process set forth in subsection b of Section 37 of P.L. 2008, c. 46
(N.J.S.A. 40:55D-8.6).
(8)
Except as provided in Subsection
E(1)(c) hereinabove, 50% of the development fee shall be collected at the time of issuance of the construction permit. The remaining portion shall be collected at the issuance of the certificate of occupancy. The developer shall be responsible for paying the difference between the fee calculated at construction permit and that determined at issuance of the certificate of occupancy.
[Amended 4-24-2018 by Ord. No. 864]
(9)
Appeal of development fees.
[Amended 4-24-2018 by Ord. No. 864]
(a)
A developer may challenge residential development fees imposed
by filing a challenge with the County Board of Taxation. Pending a
review and determination by the Board, collected fees shall be placed
in an interest-bearing escrow account by the Township of Boonton.
Appeals from a determination of the Board may be made to the tax court
in accordance with the provisions of the State Tax Uniform Procedure
Law, N.J.S.A. 54:48-1 et seq., within 90 days after the date of such
determination. Interest earned on amounts escrowed shall be credited
to the prevailing party.
(b)
A developer may challenge nonresidential development fees imposed
by filing a challenge with the Director of the Division of Taxation.
Pending a review and determination by the Director, which shall be
made within 45 days of receipt of the challenge, collected fees shall
be placed in an interest-bearing escrow account by the Township of
Boonton. Appeals from a determination of the Director may be made
to the tax court in accordance with the provisions of the State Tax
Uniform Procedure Law, N.J.S.A. 54:48-1 et seq., within 90 days after
the date of such determination. Interest earned on amounts escrowed
shall be credited to the prevailing party.
G. Affordable Housing Trust Fund.
[Amended 4-24-2018 by Ord. No. 864]
(1)
There is hereby created a separate, interest-bearing housing
trust fund to be maintained by the Chief Financial Officer for the
purpose of depositing development fees collected from residential
and nonresidential developers and proceeds from the sale of units
with extinguished controls.
(2)
The following additional funds shall be deposited in the Affordable
Housing Trust Fund and shall at all times be identifiable by source
and amount:
(a)
Payments in lieu of on-site construction of affordable units
where permitted by an ordinance approved by the court as part of a
judgment of compliance and repose;
(b)
Developer contributed funds to make 10% of the adaptable entrances
in a townhouse or other multistory attached development accessible;
(c)
Rental income from municipally operated units;
(d)
Repayments from affordable housing program loans;
(f)
Proceeds from the sale of affordable units; and
(g)
Any other funds collected in connection with the Township's
affordable housing program.
(3)
Noncompliance; unapproved uses.
(a)
In the event of a failure by the Township of Boonton to comply
with trust fund monitoring and reporting requirements or to submit
accurate monitoring reports; or a failure to comply with the conditions
of the judgment of compliance or a revocation of the judgment of compliance;
or a failure to implement the approved spending plan and to expend
funds within the applicable required time period as set forth in In
re Tp. of Monroe, 442 N.J. Super. 565 (Law Div. 2015) (aff'd 442 N.J.
Super. 563); or the expenditure of funds on activities not approved
by the court; or for other good cause demonstrating the unapproved
use(s) of funds, the court may authorize the State of New Jersey,
Department of Community Affairs, Division of Local Government Services
(LGS), to direct the manner in which the funds in the Affordable Housing
Trust Fund shall be expended, provided that all such funds shall,
to the extent practicable, be utilized for affordable housing programs
within the Township of Boonton, or, if not practicable, then within
the County or the housing region.
(b)
Any party may bring a motion before the Superior Court presenting
evidence of such condition(s), and the court may, after considering
the evidence and providing the municipality a reasonable opportunity
to respond and/or to remedy the noncompliant condition(s), and upon
a finding of continuing and deliberate noncompliance, determine to
authorize LGS to direct the expenditure of funds in the Trust Fund.
The court may also impose such other remedies as may be reasonable
and appropriate to the circumstances.
(4)
All interest accrued in the housing trust fund shall only be
used on eligible affordable housing activities approved by the court
and specified in the approved spending plan.
H. Use of funds.
[Amended 4-24-2018 by Ord. No. 864]
(1)
The expenditure of all funds shall conform to a spending plan
approved by the court. Funds deposited in the Housing Trust Fund may
be used for any activity approved by the court to address the Township
of Boonton's fair share obligation and may be set up as a grant or
revolving loan program. Such activities include, but are not limited
to: preservation or purchase of housing for the purpose of maintaining
or implementing affordability controls, rehabilitation, new construction
of affordable housing units and related costs, accessory apartment,
market to affordable or regional housing partnership programs, conversion
of existing nonresidential buildings to create new affordable units,
green building strategies designed to be cost saving and in accordance
with accepted national or state standards, purchase of land for affordable
housing, improvement of land to be used for affordable housing, extensions
or improvements of roads and infrastructure to affordable housing
sites, financial assistance designed to increase affordability, administration
necessary for implementation of the housing element and fair share
plan, or any other activity as permitted by the court and specified
in the approved spending plan.
(2)
Funds shall not be expended to reimburse the Township for past
housing activities.
(3)
At least 30% of all development fees collected and interest
earned shall be used to provide affordability assistance to low- and
moderate-income households in affordable units included in the municipal
fair share plan. One-third of the affordability assistance portion
of development fees collected shall be used to provide affordability
assistance to those households earning 30% or less of median income
by region.
(a)
Affordability assistance programs may include down payment assistance,
security deposit assistance, low interest loans, rental assistance,
assistance with homeowners' association or condominium fees and special
assessments, and assistance with emergency repairs. The specific program
to be used for affordability assistance shall be identified and described
within the spending plan.
(b)
Affordability assistance to households earning 30% or less of
median income may include buying down the cost of low- or moderate-income
units in the municipal fair share plan to make them affordable to
households earning 30% or less of median income. The specific program
to be used for affordability assistance shall be identified and described
within the Spending Plan.
(c)
Payments in lieu of constructing affordable units on site, if
permitted by ordinance or by agreement with the Township of Boonton,
and funds from the sale of units with extinguished controls shall
be exempt from the affordability assistance requirement.
(4)
The Township of Boonton may contract with a private or public
entity to administer any part of its housing element and fair share
plan, including its programs for affordability assistance.
(5)
No more than 20% of all revenues collected from development
fees may be expended on administration, including, but not limited
to, salaries and benefits for municipal employees or consultant fees
necessary to develop or implement a new construction program, a housing
element and fair share plan, and/or an affirmative marketing program.
In the case of a rehabilitation program, no more than 20% of the revenues
collected from development fees shall be expended for such administrative
expenses. Administrative funds may be used for income qualification
of households, monitoring the turnover of sale and rental units, and
compliance with any required monitoring requirements. Legal or other
fees related to litigation opposing affordable housing sites or objecting
to any state agency's regulations and/or action are not eligible uses
of the Affordable Housing Trust Fund.
I. Monitoring. The Township of Boonton shall provide annual reporting
of Affordable Housing Trust Fund activity to the State of New Jersey,
Department of Community Affairs, Council on Affordable Housing or
Local Government Services or other entity designated by the State
of New Jersey, with a copy provided to Fair Share Housing Center and
posted on the municipal website, using forms developed for this purpose
by the New Jersey Department of Community Affairs, Council on Affordable
Housing or Local Government Services. The reporting shall include
an accounting of all Affordable Housing Trust Fund activity, including
the sources and amounts of funds collected and the amounts and purposes
for which any funds have been expended. Such reporting shall include
an accounting of development fees collected from residential and nonresidential
developers, payments in lieu of constructing affordable units on site
(if permitted by ordinance or by agreement with the Township), funds
from the sale of units with extinguished controls, barrier free escrow
funds, rental income from Boonton-Township-owned affordable housing
units, repayments from affordable housing program loans, and any other
funds collected in connection with Boonton's affordable housing programs,
as well as an accounting of the expenditures of revenues and implementation
of the spending plan approved by the court.
[Amended 4-24-2018 by Ord. No. 864]
J. Ongoing collection of fees.
[Amended 4-24-2018 by Ord. No. 864]
(1)
The ability for the Township of Boonton to impose, collect and
expend development fees shall expire with the expiration of the repose
period covered by its judgment of compliance unless the Township of
Boonton has first filed an adopted housing element and fair share
plan with the court or with a designated state administrative agency,
has petitioned for a judgment of compliance from the court or for
substantive certification or its equivalent from a state administrative
agency authorized to approve and administer municipal affordable housing
compliance and has received approval of its Development Fee Ordinance
from the entity that will be reviewing and approving the housing element
and fair share plan.
(2)
If the Township of Boonton fails to renew its ability to impose
and collect development fees prior to the expiration of its judgment
of compliance, it may be subject to forfeiture of any or all funds
remaining within its Affordable Housing Trust Fund. Any funds so forfeited
shall be deposited into the New Jersey Affordable Housing Trust Fund
established pursuant to Section 20 of P.L. 1985, c. 222 (N.J.S.A.
52:27D-320).
(3)
The Township of Boonton shall not impose a residential development
fee on a development that receives preliminary or final site plan
approval after the expiration of its judgment of compliance, nor shall
the Township of Boonton retroactively impose a development fee on
such a development. The Township of Boonton also shall not expend
any of its collected development fees after the expiration of its
judgment of compliance.