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(3) Existing revenue sources are not sufficient to fund capital improvements necessary to accommodate new development. (4) New development creates an increased need and demand for services and facilities and therefore should contribute its fair share of the costs of providing new facilities necessary to accommodate new development. (5) Impact fees provide a reasonable method of ensuring that new development pays its fair share of the capital costs of public services and facilities necessary to accommodate the new development and new development will derive a substantial benefit from facilities funded by impact fees. (6) The revenue received from the impact fees set forth in this chapter shall not be used to correct existing deficiencies. (7) The impact fees set forth in this chapter establish a fair and conservative method of assessing new development its fair share costs for capacity producing capital improvements. The Board approves and accepts the underlying studies as a reasonable basis for the fees. (8) The impact fees set forth in this title will not fully pay for the costs of capital improvements necessitated by new development, and the county recognizes that the shortfall will have to come from other revenue sources. (9) The administrative charges set forth in this title are reasonable and necessary charges in order to efficiently administer the duties mandated by this title. Section 1000.05. Severability. If any section, phrase, sentence or portion of this title is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision, and such holding shall not affect the validity of the remaining portions of this title. Section 1000.06. Imposition. (1) Any person, who after the effective date of this ordinance seeks to develop land by applying fora building permit or an initial concurrency certificate, shall be assessed impact fees and shall be required to pay all applicable impact fees in the manner and amount set forth in this title. (2) No building permit or initial concurrency certificate for any activity requiring payment of impact fees pursuant to this title shall be issued unless and until all impact fees required by this title have been paid. (3) Any person, who after the effective date of this ordinance applies for an initial concurrency certificate or for a permit to set up a new mobile home, shall be assessed impact fees and shall be required to pay all applicable impact fees in the manner and amount set forth in this title. (4) No permit or initial concurrency certificate for the set up of a new mobile home requiring payment of impact fees pursuant to this title shall be issued unless and until all impact fees required by this title have been paid. Section 1000.07. Exemptions and credits. (1) Exemptions. The following activities shall be exempted from payment of impact fees levied under this title: 3