This chapter is known and may be cited as the "Amador County Temporary Development Impact Fee Deferral Ordinance." The following words and phrases are defined for purposes of this chapter as follows:
A. "Applicant"
means the owner or owners of record of the real property for which a fee waiver or deferral is sought pursuant to this chapter.
D. "Commercial project"
means any residential or business activities other than those defined under the category "residential." For the purposes of this chapter, "commercial" shall include without limitation townhome projects, condominium projects, residential triplexes, residential fourplexes, residential PD zoning districts, and residential apartment complexes in addition to commercial, industrial or other nonresidential activities.
F. "Fee deferral agreement (commercial)"
means an agreement, including a deed of trust, by and between the applicant for a commercial project and the county, acceptable to the county counsel in both form and content, which is a prerequisite for approval for any fee deferral on a commercial project under this chapter.
G. "Fee deferral agreement (residential)"
means an agreement, including a deed of trust, by and between the applicant for a residential project and the county, acceptable to the county counsel in both form and content, which is a prerequisite for approval for any fee deferral on a residential project under this chapter.
I. "Interest"
means the amount of interest equal to the annual rate of interest that the county earns on its investment of pooled funds computed from the date the deferred impact fees are deemed to begin accruing interest under this chapter, to the date when the deferred impact fees are paid in full.
J. "Maximum deferral period (commercial)"
means the period from the date of building permit issuance to the date of initial occupancy of a structure constructed on a parcel subject to a fee deferral agreement (commercial), or at the close of escrow of said parcel, whichever occurs earlier, but in no event later than eighteen months from the date of issuance of the building permit.
K. "Maximum deferral period (residential)"
means the period from the date of building permit issuance to the date of close of escrow for a structure constructed on a parcel subject to a fee deferral agreement (residential), but in no event later than twenty-four months from the date of issuance of the building permit.
P. "Residential project"
means either a single-family residence or a residential duplex, together with any other structures associated with either of the above. Townhome projects and condominium projects are not included within the meaning of "residential project."
Q. "Property"
means the real property upon which the building or structure subject to the building permit is proposed to be constructed.
(Ord. 1678 § 1, 2008; Ord. 1675 § 1(part), 2008)