A. There is hereafter imposed upon the following land uses a fee for traffic impact mitigation:
1. Every new residential unit (as defined in Section 15.04.410);
2. Every new office, commercial, industrial or institutional building;
3. Every newly expanded office, commercial, industrial or institutional building, with the fee assessed for that portion of the building which has been expanded.
B. Commencing immediately after the effective date of the ordinance codified in this chapter, the fee levied against the land uses described above shall be as determined by resolution of the City Council based on the City's traffic impact mitigation fee analysis and any updates thereto, and shall be reviewed on an annual basis.
(Ord. 2838 § 1 (part), 1993).