The person or entity paying a water development fee shall be entitled to receive one or more of the following credits against such fee:
A. For areas for which a developer has provided a viable water supply technical study, a credit of up to one hundred sixty three dollars ($163.00) for each equivalent peak residential unit shall be permitted against the technical studies recapture fee.
B. For areas for which a developer has provided a viable water storage tank, a credit of up to two hundred twenty five dollars ($225.00) for each equivalent peak residential unit shall be permitted against the storage tank recapture fee.
C. For areas for which a developer has provided a viable water supply, a credit of up to seven thousand one hundred eighty two dollars ($7,182.00) for each equivalent peak residential unit shall be permitted against the water supply recapture fee.
D. For areas for which a developer has prepaid water development fees, a credit of up to the amount per equivalent peak residential unit up to a maximum of the original platted density units allowed shall be permitted. (Ord. O 12-01, 2-7-2012)