§ 385-5. Village Tree Fund.

There is hereby established a Village Tree Fund. The Tree Commission may request appropriations for the Village Tree Fund by application to the Village Budget Officer for inclusion in the Village's proposed budget. Upon a finding by the Tree Commission that compliance by a person seeking a tree permit with the requirements of this chapter as to planting of trees in replacement for those destroyed or for the purposes of screening is not feasible, in whole or in part, on the property which is the subject of a permit application, the Tree Commission may approve the payment by such person of a sum or sums equivalent to the value of the trees destroyed or the value of the trees required for such screening, as applicable, according to generally accepted standards in landscaping/landscape architecture profession (i.e., International Society of Arboriculture Guidelines), to be paid to the Village Tree Fund. The Village Tree Fund shall be held for the sole purpose of planting and maintaining of trees on public land in the Village in accordance with this chapter. Disbursements of moneys in the Village Tree Fund shall be as recommended by the Tree Commission and approved by the Board of Trustees.