A. If the credit due to a fee payer pursuant to sections 15.16.050.01 through 15.16.050.05 of this chapter exceeds the development impact fee that would otherwise be due from the fee payer pursuant to this chapter (whether calculated through section 15.16.130, exhibit A of this chapter or through an independent assessment), the fee payer may choose to receive such credit in the form or either: 1) a credit against future development impact fees due for the same capital improvements; or 2) a reimbursement from development impact fees paid by future development that impacts the system improvements contributed or dedicated by the fee payer.
B. Unless otherwise stated in an agreement with the fee payer, the city shall be under no obligation to use any city funds, other than development impact fees paid by other development for the same city capital improvements, to reimburse the fee payer for any credit in excess of development impact fees due. (Ord. 985 § 1, 2007)