(a) Street Damage Restoration Fee Adjustment. Within one year after adoption or amendment of the street damage restoration fee set forth in this Subarticle, and every three years thereafter, the Director shall review the proceeds of the street damage restoration fee and any other new information that shall become available, and prepare a report to the Board of Supervisors. Based upon the result of the review, the Director shall recommend to the Board of Supervisors any necessary adjustments to such fee, along with written justification for the recommended adjustment and any necessary legislation. In the event that fee proceeds have exceeded, or are anticipated to exceed, the costs for street repaving and reconstruction reasonably attributable to excavation, the Director shall recommend legislation to the Board of Supervisors that modifies such fee to ensure that fee proceeds do not exceed the costs for street repaving and reconstruction reasonably attributable to excavation. In the event that fee proceeds have undercollected, or are anticipated to undercollect, for the costs for street repaving and reconstruction reasonably attributable to excavation or the City's costs to administer this Article or inspect excavations, the Director may recommend legislation to the Board of Supervisors that modifies the applicable fee to more accurately recover the costs for street repaving and reconstruction reasonably attributable to excavation.
(Added by Ord. 341-98, App. 11/13/98; amended by Ord. 33-02, File No. 020051, App. 3/28/2002; Ord. 151-03, File No. 030830, 6/27/2003)