Where the city or the Chico Redevelopment Agency has incurred reimbursable street facility costs incident to the construction of a public street, the director, promptly following completion of such street, shall prepare a proposed memorandum of reimbursable street facility costs and transmit same to the city clerk. In such memorandum the director shall set forth the following:
A. The total cost subject to reimbursement as and for the street facilities constructed and installed by the city or the Chico Redevelopment Agency, either as determined by the director from the actual cost incurred by the city or the Chico Redevelopment Agency in constructing and installing such street facilities, or as calculated entirely from the unit street facility costs established by resolution of the city council, whichever is less;
B. A legal description of each parcel which adjoins such street facilities and by reason thereof benefits from same;
C. The total length of the street facilities, as well as the length of that portion of each benefitted parcel which adjoins the street facilities;
D. The street facility costs subject to reimbursement for each front foot of a benefitted parcel adjoining the street facilities determined by dividing the total street facility costs subject to reimbursement by the front footage of all benefitted parcels adjoining same;
E. The total street facility costs subject to reimbursement for each particular benefitted parcel adjoining the street facilities determined by multiplying the costs subject to reimbursement for each front foot of a benefitted parcel by the total front footage of each particular benefitted parcel;
F. A statement sufficient to advise each owner of a benefitted parcel (1) that a street facility reimbursement fee may be assessed and levied against the owner of such benefitted parcel as and for such parcel owner's fair share of the reimbursable street facility costs incurred by the city or the Chico Redevelopment Agency for constructing and installing the street facilities adjoining the parcel, and (2) that such street facility reimbursement fee will be in an amount equal to the total street facility costs subject to reimbursement for such person’s particular benefitted parcel, as set forth in the memorandum, adjusted for any increase in the cost of constructing and installing street facilities between the date such street facilities were completed and the date such fees are paid, as determined by the director, based on the net percentage increase in the Engineering News Record Cost Index for San Francisco (based on 1913 U.S. Average = 100) published in the Engineering News Record/McGraw Hill Construction Weekly, all as hereinafter provided by this chapter; and
G. If more than one of the benefitted parcels is located within the unincorporated territory of the county of Butte, the additional statement that a street facility reimbursement fee may also be assessed and levied upon the owner of such parcel or parcels as and for such parcel or parcel's fair share of the reimbursable street facility costs incurred by the city or the Chico Redevelopment Agency in the amount set forth therein and adjusted for any increase in the cost of constructing and installing street facilities in the manner provided for therein if, at the time of approval of any additional development on the parcel or parcels, the parcel or parcels are annexed or annexing to the incorporated territory of the city and/or are connecting or being connected to the city sewer system, all as provided for by this chapter or Chapter 15.36 of this code.
(Ord. 1897 (part), Ord. 2012 §4 (part), Ord. 2136 §3, Ord. 2364 §88)