Any street facility reimbursement fee assessed and levied upon an owner of benefitted property identified in a memorandum of reimbursable street facility costs approved by the city council in the manner provided by this chapter shall be in an amount equal to the total street facility costs subject to reimbursement for that particular parcel as set forth in such memorandum of reimbursable street facility costs, adjusted for the increase, if any, in the cost of constructing and installing street facilities between the date the street facilities were completed and the date such fee was 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, also as provided for in the memorandum of reimbursable street facility costs.
(Ord. 1897 (part), Ord. 2012 §4 (part), Ord. 2136 §3, Ord. 2364 §91)