Indiana § 36-7-4-1320 Ordinance; fee schedule and formula

Indiana Statutes

§ 36-7-4-1320 — Ordinance; fee schedule and formula

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 4 Local Planning and Zoning

(a)An impact fee ordinance must include:

(1)a schedule prescribing for each impact zone the amount of the impact fee that is to be imposed for each infrastructure type covered by the ordinance; or

(2)a formula for each impact zone by which the amount of the impact fee that is to be imposed for each infrastructure type covered by the ordinance may be derived.

(b)A schedule or formula included in an impact fee ordinance must provide an objective and uniform standard for calculating impact fees that allows fee payers to accurately predict the impact fees that will be imposed on new development.

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(a) An impact fee ordinance must
include:
(1) a schedule prescribing for each impact zone the amount of the
impact fee that is to be imposed for each infrastructure type
covered by the ordinance; or
(2) a formula for each impact zone by which the amount of the
impact fee that is to be imposed for each infrastructure type
covered by the ordinance may be derived.
(b) A schedule or formula included in an impact fee ordinance must
provide an objective and uniform standard for calculating impact fees
that allows fee payers to accurately predict the impact fees that will be
imposed on new development.

Indiana § 36-7-4-1320 (Ordinance; fee schedule and formula) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.