(A)
A system development charge for park acquisition and development shall be paid prior to receiving a building permit or manufactured dwelling setup fee. A building permit applicant constructing affordable housing as defined in § 151.026 may defer payment until occupancy. In cases where the deferral is granted, the system development charge shall be paid in full prior to the issuance of an occupancy permit.
(B) Unless deferral is granted under § 151.028(A), if the project is a residential or multi-family dwelling, an application may be made to the city to pay the parks system development charge in installment payments for a period not to exceed ten years. Fifteen percent of the system development charge due shall be paid upon application submission. The terms of the financing arrangement shall be set by Council resolution.
(C) An applicant for installment payments must demonstrate the applicant’s authority to assent to the imposition of a lien on the property and that the interest of the applicant is adequate to secure payment of the lien.
(D) From that time the City Manager or designee has docketed a lien as provided in § 32.01 upon the described property for the amount of the system development charge, together with interest on the unpaid balance, the lien may be collected in the same manner as allowed by law for collection of assessment liens.
(E) The City Manager or designee is authorized to administer all aspects of the installment payment and financing of system development charges. This authority includes, but is not limited to:
(1) Providing final approval for projects seeking to participate in the installment payment and financing program;
(2) Providing application forms for installment payments that include a waiver of all rights to contest the validity of the lien, except for the correction of computational errors;
(3) Documenting the amount of the system development charge, the dates on which the payments are due, the name of the owner, and the description of the property; and
(4) Entering a lien for the amount of the system development charge, together with interest on the unpaid balance, in the city’s lien docket as provided in § 32.01.
(Prior Code, § 3.515) (Ord. 1990-07, passed 9-23-2007; Ord. 2012-01, passed 2-13-2012; Ord. 2019-14, passed 1-13-2020)