7.11.13 Updates and Revisions
Following a public hearing, the Town shall
recalculate the schedule of development fees
as part of the annual budget process, at least once every three years.
The Town may
do so more frequently based upon growth in residential and
non-residential construction,
road improvements actually
constructed, changing levels of service, inflation, revised cost
estimates for road improvements,
changes in the availability of other funding sources, and such other
factors as may be relevant. Each time the schedule of development fees
is recalculated there shall be a public hearing prior to the adoption of
the new fee schedule (This may be done through the normal budget public
hearing). No increase to the fee schedule shall be made unless there is a
written analysis made available to the public showing that the amended
fees are based on reliable data and the formula set forth in Section
7.11.8(C).
Cary, NC Land Development Ordinance On-line VIC Version - This site last
updated 3/4/2008
Note: This is not the official version of the Cary Land Development
Ordinance
