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AG 1999 06 21
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AG 1999 06 21
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Last modified
3/25/2002 6:00:16 PM
Creation date
11/27/2017 11:49:25 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
6/21/1999
Board
Board of Commissioners
Meeting Type
Regular
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suggested seven factors that should be considered in making such an <br />evaluation: <br /> <br /> 1. the cost of existing capital facilities; <br /> <br /> 2. the manner of financing existing capital facilities...; <br /> <br /> 3."' the relative extent to which the newly developed properties and other <br /> properties in the municipality have already contributed to the costs of <br /> existing capital facilities.,.; <br /> <br /> 4. the relative extent to which newly developed properties and other <br /> properties in the municipality will contribute to the cost of existing capital <br /> facilities in the future; <br /> <br />5. the extent to which the newly developed properties are entitled to a <br />credit because the municipality is requiring their developer or owners... <br />to provide common facilities.., that have been provided by the <br />municipality and financed through general taxation or other means.., in <br />other parts of the municipality; <br /> <br />6. extraordinary costs, if any, in .servicing the newly developed <br />properties; and <br /> <br />7. the time-price differentials inherent in fair comparisons of amounts <br />paid at different times.48 <br /> <br />In a later case the same court declared: <br /> <br />If properly applied, those seven factors should put the new homeowner <br />on essentially the same basis as the average existing homeowner with <br /> <br />50 <br /> <br />45 <br /> <br /> <br />
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