13:17-101 - Fee assessed at time of issuance of zoning certificate
13:17-101 Fee assessed at time of issuance of zoning certificate.
7. a. A development fee shall be assessed on a development at the time a zoning certificate is issued. Any development for which a zoning certificate has been issued prior to the adoption of the resolution pursuant to section 6 of P.L.2005, c.102 (C.13:17-100) or that has an approved development agreement with the governing State agency or municipality within the district having primary jurisdiction over the development or for which construction of a material portion of the development has commenced after the date on which a development agreement was executed shall be exempt from the assessment of a development fee. The assessment shall be adjusted upon the issuance of a revised zoning certificate and any development which requires a revised zoning certificate after the adoption of the resolution shall be subject to the development fee.
b.The resolution shall specify whether the fee is to be paid at the time a zoning certificate is issued or in a series of payments as set forth in a schedule of payments contained in the resolution. The resolution may provide for payment of the fee in kind or in a series of periodic payments over a period of no more than 20 years.
L.2005,c.102,s.7.