A street facility reimbursement fee is assessed and levied upon any owner of benefitted properly described in a memorandum of reimbursable street facility costs approved by the city council in the manner provided by this chapter as and for such property owner’s share of the cost of the street facilities which adjoin and, therefore, are of benefit to such person's property at the time of the occurrence of any of the following events affecting the property:
A. Approval of a final map, final parcel map or a certificate of compliance authorizing the subdivision of such property; or
B. Issuance of a building permit authorizing construction of a building or other structure on such property.
(Ord. 1897 (part))