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HomeMy Public PortalAboutordinance 03:41 AN ORDINANCE AMENDING & SUPPLEMENTING ARTICLE VI "FEES" OF CHAPTER 160 "LAND DEVELOPMENT" OF THE CODE OF THE BOROUGH OF CARTERET CREATING A NEW ARTICLE VIA TO BE ENTITLED "DEVELOPMENT IMPACT FEES" BE IT ORDAINED by the Mayor and Borough Council of the Borough of Carteret, a municipal corporation of the State of New Jersey, located in Middlesex County, thereof, as follows: Section 1. Chapter 160 of the Code of the Borough of Carteret entitled "Land Development ', is hereby amended and supplemented to create a new Article VIA to be entitled "Development Impact Fees" to read as follows: DEVELOPMENT IMPACT FEES Section 160-46.2. Impact fees. A. Each square foot of new construction of warehouse space shall be assessed an impact fee of $1.00. B. Each square foot of new construction of retail, commercial and/or other industrial space shall be assessed an impact fee of $2.25. Section 2. All Ordinances and/or provisions thereof inconsistent with the provision of this Ordinance shall be and are hereby repealed as to the extent of any such inconsistencies. Section 3. If any section, subsection, part, clause or phrase of this Ordinance shall be declared invalid by judgment of any Court of competent jurisdiction, the section, subsection, part, clause or phrase shall be deemed to be sever able from the remainder of this Ordinance. Section 4. This Ordinance shall take effect upon passage and publication according to applicable law. DO NOT USE SPACE BELOW THIS LINE RECORD OF COUNCIL VOTE COUNCILMAN A.B. cOUNCILMAN YES RIOS k'RIIM x SIT},RZ blhPl F.q x SOSNOWSKI x pgnTRT x X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted on first reading of the Council of the Borough of Carteret, N.J., on Auaust_14, 2003. September 4, 2003 Adopted on second reading after hearing on _