At the time of adoption of the municipal budget, the city council shall make findings with respect to any portion of any fee remaining unexpended or uncommitted in its account five or more years after deposit, identifying the purpose to which the fee is to be put and demonstrating the reasonable relationship between the fee and the purpose for which it was charged, and shall refund to the then-current record owner of the development project(s), on a pro rata basis, such unexpended or uncommitted portion of such fee for which such need cannot be demonstrated. These findings need not be made with respect to bonds, letters of credit, or similar instruments of credit, or for moneys not in the city's possession. If the administrative costs of making the refund exceed the amount of refund, the funds may be kept by the city and reallocated to another project serving the development project which paid the fee, following a noticed public hearing.
(Ord. 91-06-1100 § 1 (part))