A development impact fee of two thousand eight hundred ninety dollars ($2,890.00) per dwelling unit for the provision of park and recreation facilities shall be paid for all new dwelling units in the City, including second dwelling units, for which permits are issued after the effective date of Ordinance No. 425. However, for the period between the effective date of Ordinance No. 425 and January 1, 2006, a reduction of fifty (50) percent shall be allowed for permits issued prior to January 1, 2006, so that the development impact fee for park and recreation facilities for permits issued prior to January 1, 2006, shall be one thousand four hundred forty-five dollars ($1,445).
[Ord. No. 425, adopted 2/23/05; Ord. No. 440, adopted 10/26/05.]