Are there any adjustments to the fee where the non-residential development project is replacing an existing structure?
Whenever non-residential development is situated on real property that has been previously developed with a building, structure, or other improvement, the non-residential development fee shall be equal to 2.5% of the equalized assessed value of the land and improvements on the property where the non-residential development is situated at the time the Certificate of Occupancy is issued,less the equalized assessed value of the land and improvements on the property where the non-residential development is situated, as determined by the tax assessor of the municipality at the time the developer or owner, including any previous owners, first sought approval for a construction permit including but not limited to: (1) demolition permits pursuant to the state Uniform Construction Code; or (2) approvals under the Municipal Land Use Law. If this calculation results in a negative number, the non-residential development fee shall be zero. Question 4: Who is responsible for paying the fee? The Act
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