(A) Reimbursement fees shall be applied only to capital improvements associated with the system for which the fees are assessed, including expenditures relating to repayment of indebtedness.
(B) Improvement fees shall be spent only on improvements associated with the systems for which the fees are assessed, including expenditures relating to repayment of indebtedness. A capital improvement being funded wholly or in part from revenues derived from the improvement fee shall be included in the improvement plan adopted by the Council.
(C) Notwithstanding divisions (A) and (B) of this section, system development charge revenues may be expended on the direct costs of complying with the provisions of this chapter, including the costs of developing system development charge methodologies, developing and maintaining an improvement plan, and providing an annual accounting of system development charge expenditures.
(Ord. 680, passed 6-7-2023)