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(a) Impact fees, also known as land development charges, are one (1) time charges assessed against new development to recover the cost to the Town in providing public facilities to serve the development such as the Park Fund, the Capital Facilities Fund, the Open Space Fund and the Public Safety Fund. These impact fees do not apply to a lot that is being redeveloped for the same land use when the primary structure has been razed.

(b) The other funds which are funded by the General Fund include the Conservation Trust Fund, the Historic Preservation Commission Fund, the Events Fund, the Oil Royalty Trust Fund and the Golf Course Fund. (Ord. 1272 § 1, 2018; Ord. 1332 §1, 2019)