For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
AFFORDABLE HOUSING. Housing constructed for renters earning no more than 60% area median income and purchasers of housing earning no more than 80% area median income. AFFORDABLE HOUSING is regulated as rent and income restricted through regulatory agreements with federal, state and other public funders.
CAPITAL IMPROVEMENTS. Facilities or assets used for water storage, transmission, treatment, and distribution.
IMPROVEMENT FEE. A fee defined by O.R.S. 223.299(2) for costs associated with capital improvements to be constructed after the date the fee is adopted.
REIMBURSEMENT FEE. A fee defined by O.R.S. 223.299(3) for costs associated with capital improvements constructed or under construction on the date the fee is adopted.
SYSTEM DEVELOPMENT CHARGE. A reimbursement fee, an improvement fee, or a combination thereof assessed or collected at the time of increased usage or connection to the system. SYSTEM DEVELOPMENT CHARGE includes that portion of a system connection charge that is greater than the amount necessary to reimburse the city for its average cost of inspecting and installing connections to the water system. SYSTEM DEVELOPMENT CHARGE does not include fees assessed or collected as part of a local improvement district or a charge in lieu of a local improvement district assessment or the costs of complying with requirements or conditions imposed by a land use decision.
(Prior Code, § 3.803) (Ord. 1994-01, passed 2-14-1994; Ord. 2012-01, passed 2-13-2012; Ord. 2019- 14, passed 1-13-2020)