Text Box: TOWN OF CARY
FISCAL YEAR 2008 GENERAL CAPITAL IMPROVEMENTS BUDGET
 

 

 

 

 


A.            TRANSPORTATION DEVELOPMENT FEES

 

Land Use Type

Unit

Central Zone

Southeast

Zone  

Base

Zone 

Single-Family Detached

Dwelling

$715

$1,324

$1,243

Multi-Family

Dwelling

$439

$813

$762

Congregate Care Facility

Dwelling

$120

$223

$209

Hotel/Motel

Room

$382

$708

$664

Retail/Commercial

 

 

 

 

Gen Retail  - Up to 1 million sq. ft.

1,000 sq. ft.

$771

$1,429

$1,341

Gen Retail – 1 million sq. ft. +

1,000 sq. ft.

$762

$1,413

$1,326

ATM (stand-alone)

Each

$991

$1,835

$1,723

Bank

1,000 sq. ft.

$1,583

$2,934

$2,752

Restaurant, Fast Food

1,000 sq. ft.

$1,599

$2,962

$2,780

Restaurant, Sit-Down

1,000 sq. ft.

$1,285

$2,379

$2,233

Office/Institutional

 

 

 

 

Office, General

1,000 sq. ft.

$1,054

$1,954

$1,833

Hospital

1,000 sq. ft.

$520

$963

$904

Library

1,000 sq. ft.

$470

$872

$818

Nursing Home

1,000 sq. ft.

$204

$377

$354

Parking Lot, Commercial

Parking Space

$212

$393

$369

Church

1,000 sq. ft.

$328

$607

$569

Day Care Center

1,000 sq. ft.

$841

$1,557

$1,461

Industrial

 

 

 

 

Industrial Park

1,000 sq. ft.

$651

$1,206

$1,131

Warehouse

1,000 sq. ft.

$361

$669

$627

Mini-Warehouse

1,000 sq. ft.

$184

$341

$319

Recreational

 

 

 

 

Golf Course

Hole

$1,599

$2,962

$2,780

Park/General Recreation

Acre

$35

$66

$62

Recreational/Swim Center

1,000 sq. ft.

$1,023

$1,895

$1,778

Tennis Court

Court

$2,265

$4,195

$3,936

 

B.            VEHICLE LICENSE FEES

                The fee for registration of motor vehicles, as required in Town Code Chapter 12, Article II,                 Section 12-27, shall be fifteen dollars ($15.00).  Ten dollars of the fee funds general

                transportation projects through the general capital reserve, and five dollars of the fee

                supports C-Tran operations.

 

C.                   PAYMENT-IN-LIEU FEES

Park and Greenway Payments-in-Lieu

The Town of Cary’s Land Development Ordinance requires developers to donate at least 1/35th of an acre of land for each traditional single-family dwelling unit planned in a subdivision plat or development.  Should the land that a developer plan to dedicate lie within a Flood Hazard Area or have slopes of greater than 15 percent, land should be dedicated at a rate of at least 1/20 of an acre per dwelling unit.

Per the Town’s Land Development Ordinance, the payment of fees in-lieu of the dedication of land may occur at the request of the subdivider or developer. In most instances, payments-in-lieu of land dedication must be paid prior to recording any lots in the subdivision.  In some cases, payment of fees in-lieu of land dedication may be required by the Town Council at the time of preliminary plat approval or master land use plan approval.

For more details related to the Town’s park and greenway land dedication and/or payment-in-lieu requirements, see sections 8.1.2 and 8.1.3 of the Town of Cary’s Land Development Ordinance at http://www.municode.com/resources/gateway.asp?pid=13841&sid=33

 

Street and Sidewalk Payments-in-Lieu

The Town of Cary’s Land Development Ordinance requires that developers of subdivisions construct street and sidewalk improvements within their developments and on adjacent property frontage that conform to Town standards.  A payment-in-lieu of street or sidewalk construction may be made to the Town should the developer prefer not to construct the required street/sidewalk improvement.   In these instances, the developer must provide the Town with a sealed engineer’s estimate for the work to be constructed.  The Town then reviews the estimate to ensure that it is in accordance with established standards.  Should everything be in order, the payment-in-lieu request is approved by the Town and funds are accepted. Payments-in-lieu of improvements must be paid prior to final plat approval.

For more details related to the Town’s street and sidewalk improvement requirements, see sections 8.1.5 (D) and 8.1.5 (G) of the Town of Cary’s Land Development Ordinance at http://www.municode.com/resources/gateway.asp?pid=13841&sid=33