Except as otherwise provided in this chapter, the applicant for a building permit proposing new development shall pay the following development impact mitigation fees according and pursuant to the procedure set forth in this chapter, along with any other required fee or fees established in this code or other applicable law:
(A) A traffic impact fee (TIF) is hereby established on new development within the mitigation area established by the traffic impact fee study to pay for transportation improvements identified in the adopted Traffic Capital Improvement Plan (T-CIP), as the same may be amended by the City Council from time to time. The City Council shall, in a resolution, set forth the specific amount(s) or rate(s) of the fee, describe the area in which the TIF is to be imposed, and list the specific public improvements to be financed by the TIF, describe the estimated cost of these facilities, describe the reasonable causal relationship between the fee and the impacts associated with various types of new development and set forth time for payment.
(B) The amount of the TIF shall be established, and may be updated from time to time, by resolution approved by the City Council consistent with the procedural requirements of the Mitigation Fee Act.
(C) On a biennial basis, the City Council shall review the proposed transportation improvements to be funded with revenue from the TIF as part of the T-CIP and determine whether the fees continue to be reasonably related to the impacts of developments and whether the described public facilities are still needed.
Ord. 2019-05 § 7, 2019)