Each owner of a lot or parcel of residential property within the subsequently annexed areas shall pay to the city as a condition to the issuance of a building permit for any improvement on land for which no recreation facilities fee has been paid as provided by this section, a recreation facilities fee to fund the estimated cost of the construction of recreation facilities serving the subsequently annexed areas as identified in the Master Plan and Reports. The amount of the fee shall be initially determined and may be adjusted from time to time by noncodified ordinance or resolution of the City Council.
(`78 Code, § 16.24.190.) (Ord. 1986 § 3, 1990.)