17.512.080   Time schedule for use of land or fees.
Any fees collected under this chapter shall be committed within five years after payment of the fee or the issuance of building permits on one-half of the lots created by the subdivision, whichever occurs later. If the fee is not committed, it shall be distributed and paid to the then-record owners of the subdivision in the same proportion that the size of their lot bears to the total area of all lots within the subdivision. (Ord. 2017-0009 § 14)