The revenues raised by payment of this fee shall be placed in
a separate and special account and such revenues, along with any interest
earnings on that account, shall be used solely to:
A. Pay for the city's future construction of facilities described in the resolution enacted pursuant to Section
3.30.020, or to reimburse the city for those described or listed facilities constructed by the city with funds advanced by the city from other sources; or
B. Reimburse developers who have been required or permitted by Section
3.30.040, to install such listed facilities which are oversized with supplemental size, length or capacity.
(Ord. 479 § 1, 1992)
Whenever a developer is required, as a condition of approval of a development permit, to construct a public facility described in a resolution adopted pursuant to Section
3.30.020, which facility is determined by the city to have supplemental size, length or capacity over that needed for the impacts of that development, and when such construction is necessary to ensure efficient and timely construction of the facilities network, a reimbursement agreement with the developer and a credit against the fee, which would otherwise be charged pursuant to this chapter on the development project, shall be offered. The reimbursement amount shall not include the portion of the improvement needed to provide services or mitigate the need for the facility or the burdens created by the development.
(Ord. 479 § 1, 1992)
The fee shall apply to the issuance of any building permit,
for any residential development issued sixty days following the passage
of the ordinance codified in this chapter and for all other types
of development thirty days following its passage.
(Ord. 479 § 1, 1992)