Traffic impact fee rates shall be fixed by the Board of Supervisors, from time to time, by resolution. The fees established and fixed by the resolution shall be adjusted on July 1 and January 1 of each year, based upon the change in the United States Average Engineering News Record Construction Cost Index (ENR), calculated as follows.
FEE
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ENR Index for July or January
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ENR Index for June 1989 |
(1966 Code, § 15B-8) (Ord. 554, § 1(part))