Loading...
A. The park impact fee is established.
B. The park impact fee is imposed on the development of:
1. New dwelling units.
2. Non-residential development including additions to a building or structure.
3. Change in use of a building or structure on any parcel. (Ord. 2017-0011 § 2)
A. The park infrastructure fund is established. The city shall deposit all revenues generated by the park impact fee, and any interest earned on the fund balance, into the fund.
B. The city shall use the park infrastructure fund to:
1. Finance the design, construction, installation, improvement, and acquisition of park facilities for neighborhood parks within two miles of the development project, community parks within five miles of the development project, and regional and citywide park facilities located anywhere in the city.
2. Reimburse the city for the costs of administering the park impact fee, the park infrastructure fund and this article.
3. Reimburse landowners and holders of development credits for costs incurred to construct park facilities as provided in section 18.56.240. (Ord. 2017-0011 § 2)
A. The city council, by resolution or agreement, may establish policies and procedures for issuance of development credits against the park impact fee for park facilities constructed by a landowner, or for reimbursement of the portion of a landowner's cost to construct park facilities that exceeds the landowner's park impact fee obligation if the city has park infrastructure fund revenues available to pay for the reimbursement. The policies and procedures shall be consistent with the following:
1. A landowner may only construct park facilities for development credits or reimbursements with advance approval by a written credit or reimbursement agreement.
2. Development credits or reimbursement shall not be given for facilities that the landowner is otherwise required to construct under any provision of this code.
3. Development credits are transferrable to another landowner for a development project located within two miles from the park site upon approval of the director by issuance of a credit transfer form as specified in the resolution or agreement.
B. After the landowner constructs the park facilities, the director shall determine the development credit or reimbursement amounts, if any, based on the terms of the fee credit or reimbursement agreement. The landowner may appeal the director's decision as set forth in section 18.56.155. (Ord. 2017-0011 § 2)
The following definitions apply in this article:
"TDIF nexus study" means the city council approved nexus study.
"Transportation development impact fee" or "TDIF" means the fee established by section 18.56.320 to finance the design, construction, installation, improvement, and acquisition of the infrastructure identified in the TDIF nexus study.
"Transportation development impact fund" means the infrastructure fund created by section 18.56.330. (Ord. 2017-0012 § 1)
The TDIF is established and imposed pursuant to section 18.56.340. (Ord. 2017-0012 § 1)
A. The transportation development impact fund is established. The city shall deposit all revenues generated by the TDIF and all interest income earned on the fund balance into that fund.
B. The city shall use the transportation development impact fund to:
1. Finance the design, construction, installation, improvement, and acquisition of the infrastructure identified in the TDIF nexus study.
2. Reimburse the city for the costs of administering the TDIF, the transportation development impact fund, and this article. (Ord. 2017-0012 § 1)
Loading...