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2005-015
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2005-015
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Last modified
2/13/2017 2:52:35 PM
Creation date
9/30/2015 3:37:46 PM
Metadata
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Ordinances
Ordinance Number
2005-015
Adopted Date
05/17/2005
Agenda Item Number
9.A.1.
Ordinance Type
Impact Fees
State Filed Date
05\31\2005
Entity Name
Fair Share Roadway Improvements Amendment
Code Number
Chapter 953
Subject
Impact Fee Assessment and Collection
Archived Roll/Disk#
3126
Supplemental fields
SmeadsoftID
690
Document Relationships
2005-049
(Cover Page)
Path:
\Ordinances\2000's\2005
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(B) <br />(C) <br />Comprehensive Plan except that, until the trust fund accounts of the nine (9) <br />original benefit districts have been expended, the following percent of proceeds <br />from the nine (9) trust accounts maybe used outside the district boundaries for <br />capacity expansion of bridge facilities and their access roads connecting Orchid <br />Island and the mainland: District I --thirty-one (31) percent; District II --nineteen <br />(19) percent; District III --eight (8) percent; District IV --nine (9) percent; District <br />V --ten (10) percent; District VI --four (4) percent; District VII --four (4) percent; <br />District VIII --ten (10) percent; and District IX --five (5) percent. <br />Any funds in each of the trust accounts on deposit, not immediately necessary for <br />expenditure, shall be invested in interest-bearing assets. All income derived from <br />these investments shall be retained in the applicable trust account. <br />Each year, at the time the annual county budget is reviewed, the county <br />administrator or his designee shall propose appropriations to be spent from the <br />trust accounts. Any amounts not appropriated from the trust accounts by the <br />county administrator or his designee, together with any interest earning shall be <br />carried over in the specific trust account to the following fiscal period. <br />
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