1/22/1986 (2) - Laserfiche WebLink

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- M M by the County Administrator or his designee, together with any interest earnings shall be carried over in the specific ,trust account to the following fiscal period. E. Return of Fair Share Fees If Not Encumbered for Ca ital Roadway Improvements (1) Any "Fair Share Roadway Improvements Fees" collected shall be returned to the Feepayer, or his successor in interest, if the fees have not been spent within six (6) years from the date_ the fees were paid, with interest of six (6%) percent a year. Provided however, that the County Commission may by resolution extend for up to three (3) years the date at which fees must be refunded if they are to be committed within that time for capacity expansion of the bridge facilities connecting Orchid Island and the mainland. Such an extension shall be made upon a finding that within such three (3) year period bridge facility improvements are planned to be constructed that are reasonably attributable to the Feevaver's land dPVPlnnm--f- activity. "Fair Share Roadway Improvement Fees" collected shall be deemed to be spent on the basis of the first fee collected shall be the first fee spent for roadway improvements. (2) The refund of "Fair Share Roadway Improvements Fees" shall be undertaken through the submission of a Refund Application to be submitted within one (1) year following the end of the sixth (6th) year from the date on which the "Fair Share Roadway Improvements Fee" was paid. If the time of refund has been extended pursuant to Section X.E.(1), the Refund Application shall be submitted within one (1) year following the end of this extension. The Refund Application shall include the following information: a. a notarized sworn statement that the Feepayer paid the "Fair Share Roadway Improvements Fee" for the property and the amount paid; b. a copy of the receipt issued by the - 24 - JAN 2 2 1986 Ka. 63 453