18.56.620 River District impact fee and imposition.

   A.   The River District impact fee is established within the designated boundaries of the River District specific plan area.

   B.   The River District impact fee is imposed on the development of:

      1.   New dwelling units, buildings, or structures.

      2.   Additions to the commercial building area or residential building area of a building or structure.

      3.   Change in use of a building or structure on any parcel. (Ord. 2017-0015 § 1)

18.56.630 River District infrastructure fund; use of fee revenues.

   A.   The River District infrastructure fund is established. The city shall deposit all revenues generated by the River District impact fee, and any interest earned on the fund balance, into the fund.

   B.   The city shall use the River District infrastructure fund to:

      1.   Finance the design, construction, installation, improvement, and acquisition of the River District facilities.

      2.   Reimburse the city for the costs of administering the River District impact fee, the River District infrastructure fund, and this article.

      3.   Reimburse landowners and holders of development credits consistent with section 18.56.640 and the updated River District finance plan. (Ord. 2017-0015 § 1)

18.56.640 Credits and reimbursements.

   A.   The city council, by resolution or agreement, may establish policies and procedures for issuance of development credits against the River District impact fee for River District facilities constructed by a landowner, or for reimbursement of the portion of a landowner's costs to construct River District facilities that exceeds the landowner's River District fee obligation, if the city has River District infrastructure funds available to pay the reimbursement. The policies and procedures shall be consistent with the following:

      1.   A landowner may only construct infrastructure and facilities for development credits or reimbursement with advance approval by a written fee credit or reimbursement agreement.

      2.   Development credits do not run with the land.

      3.   Development credits are transferrable through a transfer agreement signed by both parties and approved by the city.

   B.   After the landowner constructs the River District facilities, the city 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 decision as set forth in section 18.56.155. (Ord. 2017-0015 § 1)