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May 4, 2009 Adjourned Session of the 2009 Annual Town Meeting, cont... <br /> C. The definition of a town transportation system shall mean a multi -route bus system; or other <br /> means of transportation which directly services the site as determined by the Selectmen with <br /> advice from the Transportation Advisory Committee and allows single- occupant automobile <br /> drivers to use alternate transportation. <br /> D. As a condition of the granting of a building permit, in addition to various actions and <br /> programs considered to meet the goal of reducing single- occupant automobile trips made to <br /> a development, particularly during peak traffic hours, the applicant shall pay a portion of the <br /> costs of providing a town transportation system to the development by choosing either an <br /> annual payment option or a lump sum payment option which shall be calculated as follows: <br /> (1) Annual fee for non - residential development: shall be the total of $0.05 per gross <br /> square foot of any new construction, plus $15 per surface parking space being <br /> added to the site, and shall be adjusted annually by the Consumer Price Index as <br /> published by the Bureau of Labor Statistics, U.S. Department of Labor or a similar <br /> index if it ceases to exist ( "CPI "). If a special permit is required, such fee shall be <br /> paid each year that the special permit is in place. In the event no special permit is <br /> required, the annual fee shall be paid for 50 years, beginning upon the issuance of <br /> the Certificate of Occupancy; or <br /> (2) Annual fee for residential development: shall be the total of $0.05 per gross <br /> square foot of any new construction, and shall be adjusted annually by the <br /> Consumer Price Index as published by the Bureau of Labor Statistics, U.S. <br /> Department of Labor or a similar index if it ceases to exist ( "CPI "). If a special <br /> permit is required, a fee shall be paid each year that the special permit is in place. <br /> In the event no special permit is required the annual fee shall be made for 50 years <br /> and will be due upon the issuance of the Certificate of Occupancy; or <br /> (3) As an alternative to option (1) or (2), the applicant may opt for a one -time fee. The <br /> amount due shall be calculated by determining the present day value of the annual <br /> payment as defined in section (1) or (2) as applicable, assuming a 50 year <br /> payment timeframe with an annual fee escalation that is an average of the previous <br /> 10 year CPI and a discount rate of 5 %. If the lump sum option is selected 50% of <br /> said sum would be due upon the issuance of the building permit and 50% will be <br /> due upon the issuance of the Certificate of Occupancy. <br /> 10:00 p.m. Dawn McKenna presented proposed action. <br /> 10:27 p.m. Charles Hornig moved the Report of the Planning Board under Article 48 be <br /> accepted and placed on file. Motion Adopted. Mr. Hornig reported the opposition <br /> of the Planning Board to Article 48. <br /> 10:36 p.m. Pam Hoffman reported 9 -0 opposition of Appropriation Committee. <br /> 10:36 p.m. Selectman Peter Kelley reported unanimous opposition of Board of Selectmen. <br /> 10:37 p.m. Sally Castleman reported unanimous support of Transportation Advisory <br /> Committee. <br /> 10:39 p.m. Members and residents spoke in support and opposition. <br /> 10:50 p.m. The Moderator called for a standin g vote, tallied as follows: <br /> PCT YES NO <br /> 1 4 10 <br /> 2 0 13 <br /> 3 2 13 <br /> 4 1 14 <br /> 5 8 7 <br /> 6 3 17 <br /> 7 3 12 <br /> 8 1 12 <br /> 9 1 10 <br /> At Large 1 12 <br /> TOTAL 24 120 <br /> With 24 having voted in the affirmative and 120 in the negative, Motion Not Adopted. <br /> 10:50 p.m. Dawn McKenna, pr.6, served notice of reconsideration of Article 48. <br /> 10:57 p.m. Norman Cohen moved the meeting be adjourned until 7:35 p.m., Wednesday, May <br /> 6, 2009, Cary Memorial Hall. Motion Adopted. <br /> A true copy. <br /> Attest: <br /> Donna M. Hooper, Town Clerk <br />