(A) A system development charge shall be imposed when a change of use of a parcel or structure occurs, but credit shall be given for the computed system development charge to the extent that prior structures existed, and services were established on or after the effective date of §§ 52.01 through 52.04 and 52.15 through 52.29. The credit so computed shall not exceed the calculated system development charge. No refund shall be made on account of the credit.
(B) A credit shall be given for the cost of a qualified public improvement associated with a residential development. If a qualified public improvement is located partially on and partially off the parcel that is the subject to developmental approval, the credit shall be given only to the portion of the improvement subject to not located on or wholly contiguous to the property.
(C) Credit provided for under this section shall be limited to the improvement fee. No credit shall exceed the improvement fee even if the cost of the capital improvement exceeds the applicable improvement fee.
(D) Credit shall not be transferable from one development to another.
(E) Credit shall not be transferred from one type of capital improvement to another.
(Ord. 332, passed 11-20-1998)