8-15-8: INFLATIONARY ADJUSTMENTS:
The fee established by this chapter shall automatically be adjusted on January 1 of each calendar year by a percentage equal to the inflation rate for the prior year for construction costs as determined by the director on December 1 of each calendar year. The director's determination shall be based upon the "Engineering News Record", construction cost index for the calendar year as of December 1. (Ord. 1461, 7-11-1989)