§ 57-42. Town license agreement.
Latest version.
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For Town-owned underwater lands, the applicant shall enter into a license agreement with the Town of Brookhaven. Said agreement shall define the duration of the license (up to 25 years) and the annual licensing schedule of payments, as follows:A.Initial five years, two acres or less: $104 per acre;B.Initial five years, more than two acres: $174 per acre;C.First renewal (years 6-10): $263 per acre;D.Subsequent renewals (years 11-25): $527 per acre.
Added 6-26-2018 by L.L.
No. 12-2018, effective 7-9-2018