Public Township Council Meeting — Packet

DRAFT PROPOSED REVISIONS – OCTOBER 2011 25-55.1 Escrow Schedule. a. Subject to the provisions of paragraph b. hereof, each applicant shall prior to the application being ruled complete pursuant to the provisions of the Municipal Land Use Law, submit the following sum(s) to be held in escrow in accordance with the provisions hereof: 1. Residential and Nonresidential Dwelling Units or Lots 3–25 $ 3,000.00 26–100 3,500.00 101–500 5,500.00 501–1000 8,000.00 1000 + 10,000.00 2. Commercial/Industrial 1,250–2,500 square feet total gross floor $1,500.00 area 2,501–20,000 square feet total gross floor 2,500.00 area 20,000–50,000 square feet total gross floor 5,500.00 area Over 50,000 square feet total gross floor $.05 each area additional square feet 3. Preparation of Resolution of Approval or Denial: up to $750. When deemed necessary the Planning/Zoning Board may require an escrow for minor development matters. b. Within thirty (30) days after the filing of an application for development the Planning Board and/or Zoning Board of Adjustment as the case may be, shall, in conjunction with appropriate representative of the staff of the Township, review the application for development to determine whether the escrow amount set forth in paragraph a. above is adequate. In conducting such review the Board shall consider the following criteria. 1. The presence or absence of public water and/or sewer servicing the site. 2. Environmental considerations, including but not limited to geological, hydrological and ecological factors. 3. Traffic impact of the proposed development. 4. Impact of the proposed development on existing aquifer and/or water quality. Upon completion of the review and within the thirty (30) day period the Board shall adopt a Resolution specifying whether the escrow amount specified in paragraph a. is sufficient, excessive or insufficient. In the event the Board shall determine that the amount is excessive it shall in the

n specifying whether the escrow amount specified in paragraph a. is sufficient, excessive or insufficient. In the event the Board shall determine that the amount is excessive it shall in the Resolution specify the amount that shall be deemed sufficient. In the event the Board shall determine the amount specified in paragraph a. is insufficient it shall so specify and shall further set forth the amount required to be posted in light of the criteria specified herein. c. This paragraph adopts and creates a payment schedule for consultants and/or employees for special Planning Board or Zoning Board meetings paid out of escrow funds paid by the applicant who is heard at said special Planning or Zoning Board Meeting. The schedule is as follows: 1. Schedule. 240