[Adopted 8-23-2004 by Res. No. 04-03 and Res. No. 04-04]
A. 
Water and sewer infrastructure development. It is the policy of the Village to assess impact fees for required water and sewer infrastructure improvements to all property owner/developers, and such fees shall be included in any and all annexation agreements.
B. 
School facilities impact fees.
(1) 
Requirement. It shall be the policy of the Village to require the payment of a school facilities impact fee as a condition of the annexation of territory into the Village and approval of a planned unit development with residential uses. Therefore, the annexation of territory after the effective date of this section shall be effected pursuant to an annexation agreement requiring the payment of a school facilities impact fee in substantial accordance with the provisions set forth in Exhibit A attached to Res. No. 04-04, and the approval of a planned unit development with residential uses shall require the payment of the school facilities impact fee in substantial accordance with the provisions set forth in Exhibit A.[1]
[1]
Editor's Note: Exhibit A is on file in the Village offices.
(2) 
School districts to provide indemnification. It shall be a condition of the receipt of school facilities impact fees that the school district defend and indemnify the Village from and against any and all claims or actions brought or asserted against the Village in connection with the establishment, collection, administration, or expenditure of the school facilities impact fee.
(3) 
Reservation of powers. Nothing herein shall be construed so as to limit, condition or impair the exercise of powers conferred on the Village to annex territory, enter into annexation agreements, regulate the zoning, subdivision, or development of land, or approve planned unit developments with residential uses, to levy or establish taxes and fees, or to exercise other municipal functions and powers.