It is the intent of the city to facilitate qualified development projects that provide extraordinary economic benefits to the city or that provide substantial affordable housing to the city by adopting a program to defer the payment of certain development fees that would otherwise be due upon issuance of a building permit.
(Ord. 1445 § 3, 2009)
The city council shall, by resolution or ordinance, adopt administrative guidelines for the deferred payment of one or more development fees that are levied in connection with the development of property.
(Ord. 1445 § 3, 2009)
Notwithstanding any other provision of this municipal code, the payment of fees by a property owner, which fees are otherwise due upon issuance of a building permit, may be deferred in accordance with the administrative guidelines adopted pursuant to Section 3.38.020.
(Ord. 1445 § 3, 2009)
Notwithstanding any other provision of this municipal code, no certificate of occupancy shall be issued for a building or other development unless all development fees levied on the building or development have been paid or a valid and binding agreement for the deferred payment of development fees is in effect, the city has reviewed the parties' performance under the agreement and the city has determined that the property owner has complied with each term of the agreement and that there has been no uncured breach of any term of the agreement.
(Ord. 1445 § 3, 2009)