Vermont Statutes Title 10 Sec. 6109
Terms Used In Vermont Statutes Title 10 Sec. 6109
- Agency: means the Agency of Transportation. See
- Capital transportation project: means :
- Municipality: means a city, town, incorporated village, or unorganized town or gore. See
- TID: means a discrete geographic area that includes and will benefit from one or more capital transportation projects included in the Capital Transportation Program and for which the Agency has established a transportation impact fee under this subchapter. See
§ 6109. Unspent fee amounts; refunds
Within 15 years from the date of payment, a fee assessed under this subchapter shall be spent on the capital transportation project or projects in the appropriate TID or on the appropriate capital transportation project for which the fee was paid. If the Agency or municipality to which the fee was paid does not spend all or portion of the fee collected on the appropriate capital transportation project or projects, the applicant or its successors may apply to the Agency or municipality for a refund of the proportionate share of that fee within one year of the date on which the applicant’s right to claim the refund accrued. (Added 2013, No. 145 (Adj. Sess.), § 2.)