§ 3.22.030 LIMITED USE OF TIF COLLECTED.
   The revenues raised by payment of the TIF imposed by this chapter shall be held placed in a separate and special account and such revenues, along with any interest earnings on that account, shall be used solely to pay for the city's future construction of facilities described in the resolution enacted pursuant to § 3.22.020, or to reimburse the city for those described or listed public facilities constructed by the city with funds advanced by the city from other sources, or to reimburse developers who have been required or permitted to construct facilities included in the applicable adopted Capital Improvement Plan and who have not received a full credit against TIF due.
(Ord. 2019-05 § 7, 2019)