A.
The city council creates and establishes a street improvement impact fee for the city which shall be used to mitigate impacts attributed to new development. This fee shall be used to pay a portion of the costs of capital street improvements. This fee shall be based on a formula designed to require that developers pay their fair share for street improvements required to serve the city's growing population.
B.
This fee is based on the costs for street improvements identified in the traffic analysis (Exhibit "A" on file in the office of the city clerk) prepared by a general plan consulting traffic engineer. This fee shall apply only to improvements identified in this report. Where possible, the identified improvements are designed to maintain at minimum Level of Service "C" traffic conditions. In establishing the fee, the city council has found the fee to be consistent with its General Plan, and exempt from CEQA regulations pursuant to Section 15061(b)(3).
(Ord. 452 § 1, 1990)