Fees from each new development shall be appropriated and disbursed only for street improvements, traffic controls and traffic management projects which are made necessary by the development and are:
A. Located within the area from which the fees were collected; or
B. Located within the impact zone of the new development as determined pursuant to § 15.06.040; or
C. Found pursuant to § 15.06.045 to benefit the new development and mitigate its traffic impact.
('65 Code, § 33H-7) (Ord. No. 83-021 § 1)